$1.63 EPS Expected for Tenneco Inc. (TEN)

January 22, 2018 - By Kurt Siggers

 $1.63 EPS Expected for Tenneco Inc. (TEN)
Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.02, from 0.97 in 2017Q2. It increased, as 29 investors sold Tenneco Inc. shares while 92 reduced holdings. 37 funds opened positions while 83 raised stakes. 47.82 million shares or 5.29% less from 50.49 million shares in 2017Q2 were reported.
Bnp Paribas Arbitrage has invested 0.01% in Tenneco Inc. (NYSE:TEN). Ahl Prns Ltd Liability Partnership stated it has 99,993 shares or 0.11% of all its holdings. Jane Street Gp Ltd Liability holds 22,395 shares. Dekabank Deutsche Girozentrale reported 922 shares. Hbk Invests Ltd Partnership reported 0.05% stake. Franklin Res reported 298,156 shares stake. Moreover, Old National State Bank In has 0.02% invested in Tenneco Inc. (NYSE:TEN). Acr Alpine Capital Research Limited has 34,800 shares for 0.11% of their portfolio. Pnc Gru holds 0% in Tenneco Inc. (NYSE:TEN) or 4,170 shares. Moreover, Barrow Hanley Mewhinney Strauss Ltd Co has 0.01% invested in Tenneco Inc. (NYSE:TEN) for 110,994 shares. Renaissance Gp Limited Com reported 5,814 shares. Spark Inv Management Lc has invested 0.28% in Tenneco Inc. (NYSE:TEN). The Minnesota-based Leuthold Grp Incorporated Ltd Company has invested 0.32% in Tenneco Inc. (NYSE:TEN). Glenmede Tru Na reported 3,889 shares stake. Bailard Inc reported 0.26% stake.

Since August 31, 2017, it had 0 insider buys, and 8 insider sales for $4.98 million activity. On Wednesday, December 13 Guo Peng sold $320,629 worth of Tenneco Inc. (NYSE:TEN) or 5,558 shares. 27,443 Tenneco Inc. (NYSE:TEN) shares with value of $1.50M were sold by Sherrill Gregg M. Harrington James D. sold $782,816 worth of stock.

Analysts expect Tenneco Inc. (NYSE:TEN) to report $1.63 EPS on February, 6.They anticipate $0.04 EPS change or 2.40 % from last quarter’s $1.67 EPS. TEN’s profit would be $84.10 million giving it 9.28 P/E if the $1.63 EPS is correct. After having $1.67 EPS previously, Tenneco Inc.’s analysts see -2.40 % EPS growth. The stock increased 0.18% or $0.11 during the last trading session, reaching $60.53. About 472,624 shares traded or 7.08% up from the average. Tenneco Inc. (NYSE:TEN) has risen 7.45% since January 22, 2017 and is uptrending. It has underperformed by 9.25% the S&P500.

Tenneco Inc. (NYSE:TEN) Ratings Coverage

Among 11 analysts covering Tenneco Inc (NYSE:TEN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Tenneco Inc had 42 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Tenneco Inc. (NYSE:TEN) earned “Hold” rating by RBC Capital Markets on Friday, July 28. The stock has “Hold” rating by Jefferies on Tuesday, October 24. The stock has “Hold” rating by RBC Capital Markets on Monday, October 16. The firm has “Sector Perform” rating given on Tuesday, May 2 by RBC Capital Markets. The firm has “Hold” rating given on Thursday, July 6 by Jefferies. The rating was maintained by Jefferies on Wednesday, April 26 with “Hold”. The firm has “Outperform” rating given on Monday, October 26 by RBC Capital Markets. The stock of Tenneco Inc. (NYSE:TEN) earned “Hold” rating by Jefferies on Monday, September 11. The firm has “Sector Perform” rating given on Tuesday, December 15 by RBC Capital Markets. The stock of Tenneco Inc. (NYSE:TEN) has “Equal Weight” rating given on Monday, January 25 by Barclays Capital.

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 market cap of $3.12 billion. 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. It has a 18.38 P/E ratio. 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.

More recent Tenneco Inc. (NYSE:TEN) news were published by: Businesswire.com which released: “Tenneco’s Advanced Technology Portfolio Addressing Current Industry Trends …” on January 16, 2018. Also Businesswire.com published the news titled: “Tenneco Supplies Advanced Elastomer Technology for New Freightliner Cascadia …” on January 16, 2018. Twst.com‘s news article titled: “Tenneco Inc.: Tenneco Provides Revenue Growth Outlook” with publication date: January 17, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: