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.
TEN was given price targets by several analysts. The highest price target was 80, which equates to a potential upside of 36.38 percent. The lowest price target was 44, which equates to a potential downside of -24.99 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.28 percent. The average change in earnings estimates over the last 90 days 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. If we look at the last 90 days instead, we find a net average change of 2.41 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 5 analysts that decreased their estimates. Over the same time period, 5 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
Analysts estimate earnings of TEN to grow at a rate of -0.56 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. TEN has a PEG ratio of -15.88.
TEN has traded between a high of 70.96 and a low of 51.09 over the past year. Today's price is 14.82 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.