Tenneco Inc. (NYSE:TEN) PEG Ratio At 0.78


Market experts has given a mean price target of $62.67 to Tenneco Inc. (NYSE:TEN) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $1.49 for the near-term quarter and $5.91 for this year.

Technical View

The technical assessment of Tenneco Inc. Common Stock pinpoints that the 50-day moving average of Tenneco Inc. (NYSE:TEN) stock is $56.23, and is trading $1.59 points away or +2.82% from 50-day moving average of $56.23. It is trading $5.45 or +10.40% off 200-day MA of $52.37.

The 52-week high of Tenneco Inc. (NYSE:TEN) was $58.97 while $34.45 is the low point in the same period. Tenneco Inc. Common Stock share price has to rise more than $-1.15 to register a high for 52-weeks or drop +67.84% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

Tenneco Inc. (NYSE:TEN) P/E ratio is 12.75 while PEG ratio is at 0.78. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

Tenneco Inc. Common Stock stock recorded a close of $57.82 in last trading session, which brings it market cap to $3.27B.

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