Anticipated $1.67 EPS for Tenneco Inc. (TEN) as of May, 7

April 16, 2018 - By Andrea Pope

Tenneco Inc. (NYSE:TEN) Corporate Logo
Big Money Sentiment decreased to 0.95 in Q4 2017. It has change of 0.04, from 2017Q3’s 0.99. The ratio worsened due to Tenneco Inc. positioning: 24 sold and 93 reduced. 26 funds took holdings and 85 increased holdings. Investors holded 47.82 million in 2017Q3 but now own 46.48 million shares or 2.80% less.
Panagora Asset Mngmt reported 286,495 shs. D E Shaw reported 0.02% stake. Fuller & Thaler Asset Mngmt reported 1,100 shs or 0% of all its holdings. Secor Capital Advsr Limited Partnership has 0.38% invested in Tenneco Inc. (NYSE:TEN). Moreover, Lsv Asset Mngmt has 0.08% invested in Tenneco Inc. (NYSE:TEN). Whittier Tru has 21,673 shs for 0.04% of their capital. Dimensional Fund Advsrs Lp holds 1.27 million shs. 364 were accumulated by Point72 Asia (Hong Kong) Ltd. State Board Of Administration Of Florida Retirement Sys has invested 0% of its capital in Tenneco Inc. (NYSE:TEN). Strs Ohio accumulated 0.02% or 99,000 shs. Bailard Inc has 56,200 shs for 0.21% of their capital. Boothbay Fund Mgmt Limited Company invested in 13,700 shs or 0.12% of the stock. Dnb Asset As holds 0.86% or 1.21M shs in its capital. Guggenheim Cap Lc has invested 0.01% of its capital in Tenneco Inc. (NYSE:TEN). California State Teachers Retirement Sys owns 82,359 shs or 0.01% of their US capital.

Tenneco Inc. had 1 insider sale and 0 insider buys since December 13, 2017. This’s net activity of $320,629.

Tenneco Inc. (NYSE:TEN)’s quarterly earnings will be announced On May, 7., according to Zacks. This year’s earnings per share analyst estimate is expected to be $1.67. That is 9.15 % up compareed to $1.53 earnings per share for last year. TEN’s profit could reach $85.89 million if the current earnings per share of $1.67 is accurate. Wall Street now forecasts -11.64 % negative EPS growth despite Tenneco Inc. last quarter’s EPS of $1.89. The stock increased 1.88% or $0.97 during the last trading session, reaching $52.65.Tenneco Inc. is downtrending after having declined 15.35% since April 16, 2017. TEN has 886,695 volume or 56.92% up from normal. The stock underperformed the S&P 500 by 26.90%.

Tenneco Inc. (NYSE:TEN) Ratings Coverage

In total 8 analysts cover Tenneco Automotive (NYSE:TEN). “Buy” rating has 3, “Sell” are 0, while 5 are “Hold”. 38% are bullish. 12 are the (NYSE:TEN)’s analyst reports since October 24, 2017 according to StockzIntelligence Inc. On Monday, February 12 Guggenheim maintained Tenneco Inc. (NYSE:TEN) rating. Guggenheim has “Buy” rating and $70.0 target. On Friday, February 9 the stock has “Hold” rating by RBC Capital Markets. On Friday, April 13 the firm has “Neutral” rating by Goldman Sachs given. On Tuesday, October 24 the stock of Tenneco Inc. (NYSE:TEN) has “Hold” rating given by Jefferies. On Friday, October 27 RBC Capital Markets maintained Tenneco Inc. (NYSE:TEN) rating. RBC Capital Markets has “Hold” rating and $61.0 target. On Monday, October 30 the firm has “Market Perform” rating given by Wells Fargo. On Tuesday, December 19 the rating was maintained by RBC Capital Markets with “Hold”. In Wednesday, April 11 report RBC Capital Markets maintained it with “Hold” rating and $6500 target. On Wednesday, April 11 the firm has “Hold” rating given by Deutsche Bank. On Monday, October 30 the rating was maintained by KeyBanc Capital Markets with “Buy”.

Tenneco Inc. designs, manufactures, and distributes clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide.The company has $2.71 billion market cap. The firm offers various vehicle emission control products and systems, including catalytic converters and diesel oxidation catalysts, diesel particulate filters, burner systems, lean nitrogen oxide traps, hydrocarbon vaporizers and injectors, selective catalytic reduction (SCR)systems, SCR-coated diesel particulate filters (SDPF) 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 after treatment control units.The P/E ratio is 13.47. It also provides ride performance products and systems, such as shock absorbers; struts; vibration control components; kinetic suspension technology systems, dual-mode suspension solutions, semi-active and active suspension systems, and kinetic H2/CVSA continuously variable semi active suspension systems; and other ride performance products comprising load assist products, springs, steering stabilizers, adjustable suspension systems, suspension kits, and modular assemblies.

Tenneco Inc. (NYSE:TEN) Institutional Investors Chart

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