Worth Watching Stock: Tenneco Inc. (NYSE:TEN)


Tenneco Inc. (NYSE:TEN) will report its next earnings on 28-Oct-16. The company reported the earnings of $1.78/Share in the last quarter where the estimated EPS by analysts was $1.61/share. The difference between the expected and actual EPS was $0.17/share, which represents an Earnings surprise of 10.6%.

Many analysts are providing their Estimated Earnings analysis for Tenneco Inc. and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $1.49/share. These analysts have also projected a Low Estimate of $1.42/share and a High Estimate of $1.55/share.

In case of Revenue Estimates, 9 analysts have provided their consensus Average Revenue Estimates for Tenneco Inc. as 2.13 Billion. According to these analysts, the Low Revenue Estimate for Tenneco Inc. is 2.1 Billion and the High Revenue Estimate is 2.15 Billion. The company had Year Ago Sales of 2.02 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for TEN to be 22.1%. They are projecting Next Quarter growth of 7.2%. For the next 5 years, Tenneco Inc. is expecting Growth of 12.53% per annum, whereas in the past 5 years the growth was 17.02% per annum.

Some buy side analysts are also providing their Analysis on Tenneco Inc., where 1 analysts have rated the stock as Strong buy, 7 analysts have given a Buy signal, 3 said it’s a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 8 Analysts reported that the Price Target for Tenneco Inc. might touch $70 high while the Average Price Target and Low price Target is $62.13 and $41 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Tenneco Inc. got Downgrade on 27-Apr-16 where investment firm Wells Fargo Downgrade the stock from Outperform to Market Perform.

Tenneco Inc. closed its last trading session at $54.63 with the loss of -2.32%. The Market Capitalization of the company stands at 2.99 Billion. The Company has 52-week high of $59.88 and 52-week low of $34.45. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -6.76% where SMA50 and SMA200 are -5.63% and 5.93% respectively. The Company Touched its 52-Week High on Oct 5, 2016 and 52-Week Low on Feb 8, 2016.

The Relative Volume of the company is 2.13 and Average Volume (3 months) is 487.35 million. Tenneco Inc. P/E (price to earnings) ratio is 11.77 and Forward P/E ratio of 8.1.

The company shows its Return on Assets (ROA) value of 6.3%. The Return on Equity (ROE) value stands at 54.6%. While it’s Return on Investment (ROI) value is 22.6%.

While looking at the Stock’s Performance, Tenneco Inc. currently shows a Weekly Performance of -6.22%, where Monthly Performance is -5.99%, Quarterly performance is 2.91%, 6 Months performance is 6.7% and yearly performance percentage is 11.03%. Year to Date performance value (YTD perf) value is 16.23%. The Stock currently has a Weekly Volatility of 3.58% and Monthly Volatility of 2.66%.