Stock To Watch: Tenneco Inc. (NYSE:TEN)


The leading market experts have placed a mean price target of $62.67 on Tenneco Inc. (NYSE:TEN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.49 a share for the upcoming quarter and $5.91 for the current fiscal.

Technical View

The technical analysis of Tenneco Inc. Common Stock plainly substantiates that the 50-day moving average of Tenneco Inc. Common Stock is $52.84, and stock is trading $3.59 points away or +6.80% from its 50-day moving average of $52.84. Further it is trading $6.32 or +12.62% away its 200-day moving average of $50.11. Tenneco Inc. (NYSE:TEN) 52-week high is $57.73 and the 52-week low is $34.45.

This explains if the stock moves $-1.30, it will post a 52-week high. In event of +63.80% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Tenneco Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Tenneco Inc. (NYSE:TEN) ratio came in at 12.45.

The stock last ended the trading session at $56.43 and registered a market cap of $3.19B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Tenneco Inc. (NYSE:TEN) PEG ratio is at 0.75.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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