Tenneco Inc. [TEN] has traded in a range of $2.21 to $14.85 in the last 1 year. As of this writing, the stock is at $10.01, up 9.74%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, TEN shares are 5.80% up with the monthly amount drift of 6.79% and seems well in a long time frame.
Analyst Birdseye View:
The most recent analyst activity for Tenneco Inc. [NYSE:TEN] stock was on March 30, 2020, when it was Downgrade with an Underweight rating from Morgan Stanley, which also raised its 12-month price target on the stock to $2. Before that, on April 02, 2020, JP Morgan Recapitulated a Neutral rating and elevated its amount target to $5. On August 14, 2019, Morgan Stanley Upgrade an Equal-weight rating and boosted its price target on this stock to $9. On November 14, 2018, Morgan Stanley Downgrade an Underweight rating. On October 02, 2018, Wolfe Research Initiated a Peer perform rating. On May 09, 2018, Morgan Stanley Upgrade an Equal-weight rating. On April 13, 2018, Goldman Downgrade a Neutral rating. Guggenheim elevated its amount target by recapitulating a higher weight for this stock.
In the past 52 weeks of trading, this stock has oscillated between a low of $2.21 and a peak of $14.85. Right now, the middling Wall Street analyst 12-month amount mark is $8.50. At the most recent market close, shares of Tenneco Inc. [NYSE:TEN] were valued at $10.01. According to the average price forecast, investors can expect a potential return of 5.88%.
Tenneco Inc. [NYSE:TEN] most recently reported quarterly sales of 4.26 billion, which represented growth of -1.50%. This publicly-traded organization’s revenue is $223,718 per employee, while its income is -$4,282 per employee. This company’s Gross Margin is currently 12.80%, its Operating Margin is -8.20%, its Pretax Margin is -1.15, and its Net Margin is -1.91. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -2.52, -21.20, 7.74 and -4.74 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 80.51 and the whole liability to whole assets at 44.52. It shows enduring liability to the whole principal at 76.66 and enduring liability to assets at 0.42 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 8.79 points at 1st support level, the second support level is making up to 8.47. But as of 1st resistance point, this stock is sitting at 9.32 and at 9.52 for 2nd resistance point.
Tenneco Inc. [TEN] reported its earnings at $0.33 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.44/share signifying the difference of -0.11 and -25.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$2.15 calling estimates for -$3.52/share with the difference of 1.37 depicting the surprise of 38.90%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Tenneco Inc. [NYSE:TEN] is 1.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.13. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.06 and it’s amount to book ratio is 0.74.
The most recent insider trade was by Usitalo Scott, Executive Vice President, and it was the purchase of 5000.0 shares on Aug 07. FREYMAN THOMAS C, the Director, completed a purchase of 30000.0 shares on Aug 07.