The closing price of Tenneco Inc. (NYSE: TEN) was 18.68 for the day, down -0.32% from the previous closing price of $18.74. In other words, the price has decreased by $-0.06 from its previous closing price. On the day, 1920363 shares were traded. TEN reached its highest trading level at $18.85 during the session, while it also had its lowest trading level at $18.60.
Our analysis of TEN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.20.
Upgrades & Downgrades
On April 01, 2021, Jefferies started tracking the stock assigning a Buy rating and target price of $13.Jefferies initiated its Buy rating on April 01, 2021, with a $13 target price.
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09.
Stock Price History:
Over the past 52 weeks, TEN has reached a high of $19.59, while it has fallen to a 52-week low of $9.51. The 50-Day Moving Average of the stock is 18.98, while the 200-Day Moving Average is calculated to be 16.05.
TEN traded an average of 1.37M shares per day over the past three months and 1.54M shares per day over the past ten days. A total of 83.60M shares are outstanding, with a floating share count of 81.42M. Insiders hold about 0.30% of the company’s shares, while institutions hold 83.90% stake in the company. Shares short for TEN as of Jul 14, 2022 were 10M with a Short Ratio of 8.69, compared to 9.5M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 11.99% and a Short% of Float of 13.79%.
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of $0.41 for the current quarter, with a high estimate of $0.93 and a low estimate of $-0.12, while EPS last year was $0.84. The consensus estimate for the next quarter is $1.22, with high estimates of $1.51 and low estimates of $1.01.
Analysts are recommending an EPS of between $4.38 and $1.6 for the fiscal current year, implying an average EPS of $2.86. EPS for the following year is $4.38, with 5 analysts recommending between $6.15 and $2.6.
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $4.87B to a low estimate of $4.42B. As of the current estimate, Tenneco Inc.’s year-ago sales were $4.4B, an estimated increase of 3.50% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $4.91B, an increase of 13.30% over than the figure of $3.50% in the same quarter last year. There is a high estimate of $5.21B for the next quarter, whereas the lowest estimate is $4.51B.
A total of 6 analysts have provided revenue estimates for TEN’s current fiscal year. The highest revenue estimate was $19.19B, while the lowest revenue estimate was $18.26B, resulting in an average revenue estimate of $18.76B. In the same quarter a year ago, actual revenue was $18.04B, up 4.00% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $19.82B in the next fiscal year. The high estimate is $20.86B and the low estimate is $19B. The average revenue growth estimate for next year is up 5.60% from the average revenue estimate for this year.