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


The leading market experts have placed a mean price target of $61.00 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 $1.39 a share for the upcoming quarter and $5.59 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 $51.76, and stock is hovering -5.62 or -10.85% distant from $51.76. It is noted that the 200-day MA is $47.55, and Tenneco Inc. Common Stock stock is $-1.41 or -2.97% off from this point. Tenneco Inc. (NYSE:TEN) 52-week high is $57.73 and the 52-week low is $34.45. This explains if the stock moves $-11.59, it will post a 52-week high. In event of $+33.93% points 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 10.71. The stock last ended the trading session at $46.14 and registered a market cap of $2.64B. 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 0.57.

1 Chart Pattern Every Investor Should Know

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