TENARIS SA (TS)
NYSEMaterialsOil & Gas Equipment & ServicesSnapshot 2026-11-04
$55.92-2.88%
Close 2026-11-04 · 1-day change
NYSEMaterialsOil & Gas Equipment & ServicesSnapshot 2026-11-04
QuarterlyIQ Insights · TS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
No current thesis-health read is available for this company.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -11.9% |
| Our one-year growth estimate | diamond | Not available |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
A comparable growth gap is not available.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 20 industry peers
Why it matters: Materials revenue has been shrinking for about 1.2 years. Growth above zero would show a clear change in that trend.
Supportive ifThe sector's three-year revenue growth turns positive.
Worry ifThe sector's three-year revenue growth stays below 0%.
Why it matters: The company has no recent updates in these inputs. Its earnings report is the next named chance to see if sales are growing.
Watch forThe November 4 report shows revenue growth above 0% from a year ago.
Also watch forThe November 4 report shows revenue growth below 0% from a year ago.
Why it matters: Materials has gained versus the wider market over 60 days, even as sector revenue has shrunk. A reversal would weaken this near-term tailwind.
Worry ifThe sector's 60-day relative performance falls below 0%.
Less concerning ifThe sector's 60-day relative performance stays above 0%.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$117 on $10,000 · ±1.2% | How much price usually moves either way. |
| Bad day | $270 loss on $10,000 · 2.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,781 loss on $10,000 · 17.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.