What will be the predicted Move for Tenaris S.A. (NYSE:TS) After Earnings?

Tenaris S.A. (NYSE:TS) moved up 0.26% and closed its last trading session at $34.28. This Industrial Products Sector stock currently has the Market Capitalization of 20.29 Billion. The Average Volume for the stock is measured as 2.41 Million. The Stock has a 52-Week High of $37.21 and 52-Week Low of $19.51 following the dates, it touched its 52-Week High on Jan 25, 2017 and 52-Week Low on Feb 25, 2016. Currently, the Return on Assets value for the trailing twelve months is -0.2% with the Return on Equity and Return on Investment of -0.2% and -0.6% respectively. This firm currently has YTD (year to date) performance of -4 Percent which is not good. The Short Ratio for the stock is 3.8.

Tenaris S.A. (NYSE:TS) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-0.04. The TTM operating margin is 0.3 percent.

Tenaris S.A. (NYSE:TS) reports its Earnings on Today. The estimated EPS for the current quarter is said to be $0.04. Following Earnings result, share price were UP 6 times out of last 11 Qtrs. The stock has added about 24.2% since it reported its last earnings. The Closing price of Tenaris S.A. (NYSE:TS) at Last Earnings was $27.53 as compared to the previous closing price of $34.19. The Predicted Move on the 7th day after Tenaris S.A. (NYSE:TS) will release its earnings at about 7%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Tenaris S.A. (NYSE:TS) beats earnings by 16%, The Stock Missed Earnings  8  times and has met earnings  2  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Tenaris S.A. (NYSE:TS) reported its previous quarter on 11/03/2016 where it reported the Actual Earnings of $0.03. The Closing price before the company posted its earnings was $27.53. The Stock surged on the very next day of earnings and maintained its stock price at $28.3 by showing a % change of 2.8 percent from its previous closing price. The Next Day Volume after Earnings was reported as 5.8 Million. On the 7th day After Earnings Report, the stock hit its share price as $31.15 by showing 13.15% increase from the Stock price Before Earnings were reported.

On 08/03/2016, the stock reported the EPS of $-0.02 where Analysts were projecting the EPS to be $0.03 showing a difference of $-0.05. Thus Surprise Factor was there with -166.7 percent. Before Earnings Announcement on 08/03/2016, the firm had its stock price of $26.01. And immediately on the next day after earnings announcement, the stock inclined 3.34% and closed its trading session at $26.88. On 7th Day after earnings release, Tenaris S.A. (NYSE:TS) surged to 5.88% from $26.01 to $27.54.

On 04/27/2016, Analysts were suspecting EPS of $0.02/share where Tenaris S.A. (NYSE:TS) reported its Actual EPS of $0.03. Thus showing a Surprise of 50 percent. The Closing Price of the stock before earnings was $26.53 while on the Next day the stock closed its trading session at $26.01 with a percentage change of -1.96% from the price of 26.53 before Earnings. The Stock Closing Price on the 7th day of earnings was $24.32.

Company Profile:

Tenaris S.A., through its subsidiaries, manufactures and distributes steel pipe products and other related services for the oil and gas industry, and other industrial applications. The company offers products for oil and gas drilling operations that include casings and tubings, premium connections, drill pipes, coiled tubing, hot-rolled and cold-drawn seamless tubes, non-tubular accessories, and devices, as well as technical consulting, pipe management, and field services. It also provides offshore line pipe products comprising top tensioned and steel catenary risers, export lines and flow lines, bends, corrosion resistant alloys, coiled line pipes, umbilical tubing, and coated pipes; seamless and welded tubes for onshore line pipe; various seamless steel tubes and pipes for refineries, petrochemical, and gas-processing plants; and tubular products for the power generation industry. In addition, the company offers sucker rods, couplings, and accessories, as well as technical support services; and coiled tubing. Further, it provides a range of seamless tubes and tube-based components for car manufacturers and their suppliers; and hot-rolled and cold-drawn seamless steel tubes and components for use in standard mechanical engineering application, and civil and industrial installations, as well as for manufacturing earth-moving machines, architectural structures, non-oil drilling systems, and gas cylinders. Additionally, the company offers financial services. It operates in North and South Americas, the European Union, the Middle East, Africa, the Far East, and Oceania. The company was founded in 2001 and is headquartered in Luxembourg. Tenaris S.A. is a subsidiary of Techint Holdings S.à r.l.