TENARIS SA (TS)
NYSEMaterialsOil & Gas Equipment & ServicesSnapshot 2026-09-04
$56.45+0.25%
Close 2026-09-04 · 1-day change
NYSEMaterialsOil & Gas Equipment & ServicesSnapshot 2026-09-04
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 | -13.2% |
| Our one-year growth estimate | diamond | Not available |
Growth built into the price is above our model estimate.
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.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
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.
A comparable growth gap is not available.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 32 industry peers · Company calendar date is not available
Why it matters: The PPI report can impact input costs for Tenaris. Changes in costs affect profit margins.
Watch forPPI shows a decrease, indicating lower input costs for Tenaris.
Also watch forPPI shows an increase, suggesting higher input costs for Tenaris.
Why it matters: If revenue grows, it may show a recovery in the materials sector. This could affect Tenaris's performance.
Supportive ifThree-year revenue growth in the materials sector turns positive.
Worry ifThree-year revenue growth remains negative or worsens.
Why it matters: Positive revenue growth would signal a shift in the declining materials sector. It could indicate a recovery for Tenaris.
Supportive ifRevenue growth over three years is now positive. This shows a recovery trend.
Worry ifRevenue growth over three years is still negative. This confirms the sector is still declining.
Why it matters: More unemployment claims may show economic weakness. This could lower demand for Tenaris's products.
Worry ifWeekly unemployment claims are much higher than before.
Less concerning ifWeekly unemployment claims decrease or stay stable.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$141 on $10,000 · ±1.4% | How much price usually moves either way. |
| Bad day | $255 loss on $10,000 · 2.5% | 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.
Why it matters: GDP growth impacts demand for steel and energy products. Strong GDP could boost Tenaris's sales outlook.
Supportive ifGDP growth is revised upward from the previous estimate.
Worry ifGDP growth is revised downward or remains unchanged.
Why it matters: The materials sector is in decline. Positive revenue growth would signal a potential recovery.
Supportive ifSector revenue growth turns positive after being near -1 percent.
Worry ifSector revenue growth remains negative or worsens.
Why it matters: PPI data can impact input costs for Tenaris. Higher costs could squeeze margins if not passed on to customers.
Worry ifPPI increases more than 0.5% month over month, indicating rising costs.
Less concerning ifPPI increases less than 0.2% month over month, suggesting stable input costs.
Why it matters: CPI data affects how people see inflation. High inflation can cause stricter monetary policy. This may impact Tenaris's market.
Worry ifCPI rises more than 0.4% month over month, indicating higher inflation.
Less concerning ifCPI rises less than 0.2% month over month, suggesting stable inflation.
Why it matters: If revenue growth goes up, it may show a recovery in the materials sector. This could make investors feel better about Tenaris.
Supportive ifTenaris's revenue growth over three years shows a positive change. This suggests a recovery.
Worry ifTenaris's three-year revenue growth is still negative. This means the sector is still shrinking.