Tenaris S.A. (TS) Reaches $37.56 52-Week High; Aqua America (WTR)’s Sentiment Is 1.23

April 18, 2018 - By Dolores Ford

Tenaris S.A. (NYSE:TS) Logo

The stock of Tenaris S.A. (NYSE:TS) hit a new 52-week high and has $39.81 target or 6.00% above today’s $37.56 share price. The 6 months bullish chart indicates low risk for the $22.21B company. The 1-year high was reported on Apr, 18 by Barchart.com. If the $39.81 price target is reached, the company will be worth $1.33B more. The stock increased 2.15% or $0.79 during the last trading session, reaching $37.56. About 557,819 shares traded. Tenaris S.A. (NYSE:TS) has risen 6.53% since April 18, 2017 and is uptrending. It has underperformed by 5.02% the S&P500.

Aqua America Inc (WTR) investors sentiment decreased to 1.23 in 2017 Q4. It’s down -0.29, from 1.52 in 2017Q3. The ratio has dropped, as 170 active investment managers increased and opened new holdings, while 138 decreased and sold stock positions in Aqua America Inc. The active investment managers in our database now possess: 92.43 million shares, up from 90.18 million shares in 2017Q3. Also, the number of active investment managers holding Aqua America Inc in top ten holdings increased from 1 to 3 for an increase of 2. Sold All: 25 Reduced: 113 Increased: 115 New Position: 55.

Tenaris S.A., through its subsidiaries, makes and distributes steel pipe products and other related services for the energy industry, and other industrial applications. The company has market cap of $22.21 billion. The firm offers products for gas and oil drilling operations, including casings and tubings, premium connections, drill pipes, coiled tubing, hot-rolled and cold-drawn seamless tubes, tubular accessories, non-tubular accessories, and devices. It has a 40.74 P/E ratio. It also provides offshore line pipe products, such as top tensioned and steel catenary risers, export lines and flowlines, bends, corrosion resistant alloys, coiled line pipes, umbilical tubings, and coated pipes; and 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.

Analysts await Tenaris S.A. (NYSE:TS) to report earnings on April, 26 after the close. They expect $0.27 EPS, up 42.11% or $0.08 from last year’s $0.19 per share. TS’s profit will be $159.69 million for 34.78 P/E if the $0.27 EPS becomes a reality. After $0.27 actual EPS reported by Tenaris S.A. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 19 analysts covering Tenaris SA (NYSE:TS), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. Tenaris SA had 46 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, February 26 by Credit Suisse. The company was downgraded on Wednesday, October 21 by BNP Paribas. The stock of Tenaris S.A. (NYSE:TS) earned “Underperform” rating by Credit Suisse on Wednesday, October 7. The stock of Tenaris S.A. (NYSE:TS) has “Hold” rating given on Monday, January 15 by Credit Suisse. The firm has “Overweight” rating given on Monday, November 14 by Morgan Stanley. Piper Jaffray maintained Tenaris S.A. (NYSE:TS) on Wednesday, August 2 with “Buy” rating. The company was maintained on Friday, October 6 by Cowen & Co. The stock of Tenaris S.A. (NYSE:TS) earned “Neutral” rating by JP Morgan on Thursday, January 19. The rating was maintained by Loop Capital on Friday, November 3 with “Buy”. Piper Jaffray maintained it with “Buy” rating and $31.75 target in Friday, September 22 report.

Analysts await Aqua America, Inc. (NYSE:WTR) to report earnings on May, 8 after the close. They expect $0.29 earnings per share, up 3.57% or $0.01 from last year’s $0.28 per share. WTR’s profit will be $51.59 million for 29.91 P/E if the $0.29 EPS becomes a reality. After $0.32 actual earnings per share reported by Aqua America, Inc. for the previous quarter, Wall Street now forecasts -9.38% negative EPS growth.

Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. The company has market cap of $6.17 billion. It offers water and wastewater services through operating and maintenance contracts with municipal authorities and other parties. It has a 25.7 P/E ratio. The firm also provides water and wastewater line repair services, and protection solutions to households; and non-utility raw water supply services for firms in the natural gas drilling industry.

Ratings analysis reveals 0 of Aqua America’s analysts are positive. Out of 2 Wall Street analysts rating Aqua America, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $32.0 while the high is $34.0. The stock’s average target of $33 is -4.90% below today’s ($34.7) share price. WTR was included in 2 notes of analysts from September 6, 2016. The stock of Aqua America, Inc. (NYSE:WTR) has “Equal Weight” rating given on Tuesday, September 6 by Barclays Capital. Robert W. Baird initiated the stock with “Neutral” rating in Friday, October 14 report.

The stock increased 0.46% or $0.16 during the last trading session, reaching $34.7. About 58,002 shares traded. Aqua America, Inc. (WTR) has risen 4.51% since April 18, 2017 and is uptrending. It has underperformed by 7.04% the S&P500.

Wills Financial Group Inc. holds 4.84% of its portfolio in Aqua America, Inc. for 177,005 shares. Cutter & Co Brokerage Inc. owns 141,417 shares or 2.28% of their US portfolio. Moreover, Mitchell Sinkler & Starr Pa has 2.09% invested in the company for 35,904 shares. The Massachusetts-based Bright Rock Capital Management Llc has invested 2.04% in the stock. Impax Asset Management Ltd, a United Kingdom-based fund reported 1.79 million shares.

Aqua America, Inc. (NYSE:WTR) Ratings Chart

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