Analyst Ratings for Tenneco Inc. (TEN)Updated: 2017-07-26
Tenneco Inc. (NYSE:TEN) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, TEN was issued an average rating of Overweight.
15 analysts issued ratings on the stock, where 7 gave TEN a buy rating, 1 gave an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for TEN by the analysts covering the stock. The most optimistic analyst gave a price target of 80, implying a possible profit of 36.38 percent. The lowest price target was 44, which equates to a potential downside of -24.99 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.28 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.28 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.3 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.41 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 5 analysts made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
TEN has an estimated earnings growth rate of -0.56 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of TEN is -15.88.
TEN has a 52-week high of 70.96 and a 52-week low of 51.09. Currently the stock is 14.82 percent higher than its low, and 17.33 percent lower than its 52-week high. TEN has a P/E ratio of 8.89. Investors typically compare the P/E ratio to a company's peers in the industry. The TEN value stock report compares TEN to some of its peers using value stock charts. The market cap of TEN is $3.18 billion. TEN will post this quarters earnings in days, on 0000-00-00.