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NYSE:TEN

Tenneco (TEN) Stock Price, News & Analysis

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About Tenneco Stock (NYSE:TEN)

Key Stats

Today's Range
$19.85
$20.31
50-Day Range
$18.25
$19.99
52-Week Range
$9.51
$19.99
Volume
223,002 shs
Average Volume
345,008 shs
Market Capitalization
$591.68 million
P/E Ratio
3.55
Dividend Yield
5.99%
Price Target
$24.00
Consensus Rating
Buy

Company Overview

Tenneco Inc. designs, manufactures, and sells clean air, and powertrain products and systems for light vehicle, commercial truck, off-highway, industrial, motorsport, and aftermarket customers worldwide. It operates through four segments: Motorparts, Performance Solutions, Clean Air, and Powertrain. The Motorparts segment offers shock and strut, steering and suspension, braking, sealing, emissions control, engine, and maintenance products under the Monroe, Champion, Öhlins, MOOG, Walker, Fel-Pro, Wagner, Ferodo, Rancho, Thrush, National, Sealed Power, and other brands. The Performance Solutions segment designs, manufactures, markets, and distributes noise, vibration, and harshness performance materials; advanced suspension technologies; and ride control, braking, and systems protection products. The Clean Air segment offers catalytic converters and diesel oxidation catalysts; diesel particulate filters; burner systems; lean nitrogen oxide (NOx) traps; selective catalytic reduction (SCR) systems; hydrocarbon vaporizers and injectors; SCR-coated diesel particulate filters systems; urea dosing systems; four-way catalysts; alternative NOx reduction technologies; mufflers and resonators; fabricated exhaust manifolds; pipes; hydroformed assemblies; elastomeric hangers and isolators; and aftertreatment control units. The Powertrain segment provides pistons, piston rings, piston pins, cylinder liners, valvetrain products, valve seats and guides, ignition products, dynamic seals, bonded piston seals, combustion and exhaust gaskets, static gaskets and seals, engine bearings, industrial bearings, and bushings and washers. The company was formerly known as Tenneco Automotive Inc. and changed its name to Tenneco Inc. in 2005. Tenneco Inc. was incorporated in 1996 and is based in Southfield, Michigan.

Tenneco Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
85th Percentile Overall Score

TEN MarketRank™: 

Tenneco scored higher than 85% of companies evaluated by MarketBeat, and ranked 28th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tenneco has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Tenneco has only been the subject of 2 research reports in the past 90 days.

  • Read more about Tenneco's stock forecast and price target.
  • Earnings Growth

    Earnings for Tenneco are expected to grow by 68.85% in the coming year, from $5.81 to $9.81 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tenneco is 3.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.75.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tenneco is 3.55, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 16.42.

  • Price to Book Value per Share Ratio

    Tenneco has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Tenneco's valuation and earnings.
  • Percentage of Shares Shorted

    1.95% of the float of Tenneco has been sold short.
  • Short Interest Ratio / Days to Cover

    Tenneco has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tenneco has recently increased by 51.77%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Tenneco is a leading dividend payer. It pays a dividend yield of 5.99%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Tenneco does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Tenneco is 21.28%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Tenneco will have a dividend payout ratio of 12.23% next year. This indicates that Tenneco will be able to sustain or increase its dividend.

  • Read more about Tenneco's dividend.
  • Percentage of Shares Shorted

    1.95% of the float of Tenneco has been sold short.
  • Short Interest Ratio / Days to Cover

    Tenneco has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tenneco has recently increased by 51.77%, indicating that investor sentiment is decreasing significantly.
  • Search Interest

    4 people have searched for TEN on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Tenneco insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.00% of the stock of Tenneco is held by insiders.

  • Percentage Held by Institutions

    Only 19.24% of the stock of Tenneco is held by institutions.

  • Read more about Tenneco's insider trading history.
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TEN Stock News Headlines

TEN, Ltd. price target lowered to $24 from $27 at Jefferies
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TEN Stock Analysis - Frequently Asked Questions

Tenneco Inc. (NYSE:TEN) announced its earnings results on Wednesday, September, 11th. The auto parts company reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $1.19 by $0.07. The auto parts company earned $172.65 million during the quarter. Tenneco had a trailing twelve-month return on equity of 19.62% and a net margin of 23.51%.

Tenneco subsidiaries include Federal-Mogul, Gabilan Manufacturing, Pullman, A.E. Group Machines Limited, AE International Limited, Anand I-Power Limited, Anqing TP Goetze Liner Co. Ltd., and others.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tenneco investors own include Alibaba Group (BABA), Meta Platforms (META), Micron Technology (MU), NVIDIA (NVDA), Tesla (TSLA), Applied Materials (AMAT) and General Motors (GM).

Company Calendar

Last Earnings
9/11/2024
Today
11/25/2024
Next Earnings (Confirmed)
11/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Auto Parts & Equipment
CUSIP
88034910
Employees
71,000
Year Founded
1930

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$24.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+19.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$300.18 million
Pretax Margin
24.01%

Debt

Sales & Book Value

Annual Sales
$889.57 million
Cash Flow
$13.02 per share
Book Value
$55.62 per share

Miscellaneous

Free Float
29,211,000
Market Cap
$591.68 million
Optionable
Optionable
Beta
-0.15

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This page (NYSE:TEN) was last updated on 11/25/2024 by MarketBeat.com Staff
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