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 most optimistic price target was 80, implying potential capital gains of 36.38 percent. The most pessimistic analyst gave a price target of 44, implying a possible loss of -24.99 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.3 percent. 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 have revised their quarterly estimates upwards in the past 30 days, while 5 analysts made negative revisions. Also over the last month, 5 analysts increased their estimates for the FY earnings, 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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. TEN has a PEG ratio of -15.88.
In the last 52-weeks, TEN has achieved a high of 70.96 and a low of 51.09. Currently the stock is 14.82 percent higher than its low, and 17.33 percent below the high. TEN has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.