Tenaris (NYSE:TS) Declares Fiscal Fourth Quarter Results – TS, TX, MT, NOV

Tenaris S.A. (ADR) (NYSE:TS) announced fiscal Q4 net income of $357.7 million or $0.61 an American Depositary Share, evaluated against $399.6 million or $0.68 per ADS for the same period previous year.

Net sales for fiscal Q4 were $2.76 billion, evaluated against $2.75 billion in previous year.

Thomson Reuters analysts survey most recently forecasted to earn $0.73 per ADS on $2.72 billion of revenue for fiscal Q4. Board of directors of Tenaris proposes the payment of a yearly dividend of $0.43 a share or $0.86 per ADS.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Ternium S.A. (ADR) (NYSE:TX) fell -0.67% to settle at $20.65, ArcelorMittal (ADR) (NYSE:MT) moved up +0.73% to end at $15.26 while National-Oilwell Varco, Inc. (NYSE:NOV) jumped +1.98% to finish at $68.10 on Friday.

Tenaris S.A. (ADR) (NYSE:TS) last session’s volume of 2.96 million shares was surprisingly higher than its average volume of 1.20 million shares. The stock after opening at $42.05 hit high price of $42.30 and then closed at $41.78 by scoring +3.11%.

The liquidity measure in recent quarter results of the company was recorded 2.29 as current ratio and on the other side the debt to equity ratio was 0.17 and long-term debt to equity ratio remained at 0.05. The Company had total cash of $1.68 billion at hand and a book value per share as $18.93 in the most recent quarter.

The stock’s price volatility was 1.89% for a week and 1.71% for a month as well as price volatility’s Average True Range for 14 days was 0.83 and its beta remained at 1.76.

TS generated revenue of $10.83 billion in the previous twelve months and earned $1.74 billion. The Company showed a positive 16.42% in the net profit margin as well as in its operating margin which remained at 21.49%. Company’s annual sales growth for the past five years was 5.23%.

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