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 highest price target was 80, which equates to a potential upside of 36.38 percent. The minimum price target given was 44, which equates to a potential downside of -24.99 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, 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 made negative revisions to their fiscal year's estimates.

TEN has an estimated earnings growth rate of -0.56 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. TEN has a PEG ratio of -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 below the 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.