About Tenneco (NYSE:TEN)
Tenneco Inc. is a producer of clean air and ride performance products and systems for light vehicle, commercial truck, off-highway and other vehicle applications. The Company designs, manufactures and distributes highly engineered products for both original equipment vehicle manufacturers (OEMs) and the repair and replacement markets, or aftermarket, across the world. The Company operates through six segments: North America Clean Air; North America Ride Performance; Europe, South America and India Clean Air; Europe, South America and India Ride Performance; Asia Pacific Clean Air, and Asia Pacific Ride Performance. The Company serves both original equipment (OE) vehicle designers and manufacturers and the repair and replacement markets, or aftermarket, globally through brands, including Monroe, Rancho, Clevite Elastomers, Axios, Kinetic and Fric-Rot ride performance products and Walker, XNOx, Fonos, DynoMax and Thrush clean air products.
Industry, Sector and Symbol:
- Sector: Auto/Tires/Trucks
- Industry: Auto, Truck & Motorcycle Parts
- Sub-Industry: Auto Parts & Equipment
- Symbol: NYSE:TEN
- CUSIP: 88034910
- Web: www.tenneco.com
- Market Cap: $3.38 billion
- Outstanding Shares: 53,202,000
- 50 Day Moving Avg: $59.46
- 200 Day Moving Avg: $57.54
- 52 Week Range: $51.09 - $70.96
Sales & Book Value:
- Trailing P/E Ratio: 12.46
- Foreward P/E Ratio: 8.62
- P/E Growth: 0.88
- Annual Revenue: $8.86 billion
- Price / Sales: 0.38
- Book Value: $11.54 per share
- Price / Book: 5.51
- Annual Dividend: $1.00
- Dividend Yield: 1.6%
- EBITDA: $630 million
- Net Margins: 3.17%
- Return on Equity: 54.06%
- Return on Assets: 7.95%
- Debt-to-Equity Ratio: 2.27%
- Current Ratio: 1.29%
- Quick Ratio: 0.94%
- Average Volume: 480,700 shs.
- Beta: 1.85
- Short Ratio: 2.91
Frequently Asked Questions for Tenneco (NYSE:TEN)
What is Tenneco's stock symbol?
Tenneco trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEN."
How often does Tenneco pay dividends? What is the dividend yield for Tenneco?
Tenneco declared a quarterly dividend on Thursday, October 12th. Stockholders of record on Monday, December 4th will be given a dividend of $0.25 per share on Wednesday, December 20th. This represents a $1.00 annualized dividend and a dividend yield of 1.57%. The ex-dividend date is Friday, December 1st. View Tenneco's Dividend History.
How will Tenneco's stock buyback program work?
Tenneco declared that its Board of Directors has approved a share buyback program on Saturday, April 8th 2017, which allows the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 10.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its shares are undervalued.
How were Tenneco's earnings last quarter?
Tenneco Inc. (NYSE:TEN) announced its earnings results on Friday, July, 28th. The company reported $1.90 earnings per share for the quarter, beating analysts' consensus estimates of $1.80 by $0.10. The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.26 billion. Tenneco had a net margin of 3.17% and a return on equity of 54.06%. The company's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.78 EPS. View Tenneco's Earnings History.
When will Tenneco make its next earnings announcement?
Where is Tenneco's stock going? Where will Tenneco's stock price be in 2017?
9 brokers have issued twelve-month target prices for Tenneco's stock. Their predictions range from $44.00 to $78.00. On average, they anticipate Tenneco's stock price to reach $66.63 in the next year. View Analyst Ratings for Tenneco.
Who are some of Tenneco's key competitors?
Some companies that are related to Tenneco include GKN plc (GKN), Dana Incorporated (DAN), Visteon Corporation (VC), Meritor (MTOR), Cooper-Standard Holdings (CPS), Fox Factory Holding Corp. (FOXF), Gentherm (THRM), Stoneridge (SRI), Motorcar Parts of America (MPAA), Horizon Global Corporation (HZN), Superior Industries International (SUP), China XD Plastics Company Limited (CXDC), Fenix Parts (FENX), Torotrak plc (TRK), Harman International Industries (HAR) and Metaldyne Performance Group (MPG).
Who are Tenneco's key executives?
Tenneco's management team includes the folowing people:
- Gregg M. Sherrill, Executive Chairman of the Board
- Brian J. Kesseler, Chief Executive Officer, Chief Operating Officer, Director
- Kenneth R. Trammell, Chief Financial Officer, Executive Vice President
- Peng Guo, Executive Vice President - Asia Pacific
- Martin Hendricks, Executive Vice President - Ride Performance
- James D. Harrington, Senior Vice President, General Counsel, Corporate Secretary
- Joseph A. Pomaranski, Senior Vice President and General Manager, Global Aftermarket
- Gregg A. Bolt, Senior Vice President - Global Human Resources and Administration
- John E. Kunz, Vice President, Controller
- Paul T. Stecko, Lead Independent Director
Who owns Tenneco stock?
Tenneco's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (0.97%), Shell Asset Management Co. (0.07%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Tenneco stock include David B Price Jr, Gregg M Sherrill, James D Harrington, John E Kunz, Josep Fornos, Joseph A Pomaranski, Kenneth R Trammell, Peng Guo and Timothy E Jackson. View Institutional Ownership Trends for Tenneco.
Who sold Tenneco stock? Who is selling Tenneco stock?
Tenneco's stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc.. Company insiders that have sold Tenneco stock in the last year include David B Price Jr, Gregg M Sherrill, James D Harrington, John E Kunz and Josep Fornos. View Insider Buying and Selling for Tenneco.
Who bought Tenneco stock? Who is buying Tenneco stock?
Tenneco's stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co. and Fox Run Management L.L.C.. Company insiders that have bought Tenneco stock in the last two years include John E Kunz and Peng Guo. View Insider Buying and Selling for Tenneco.
How do I buy Tenneco stock?
Shares of Tenneco can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tenneco's stock price today?
MarketBeat Community Rating for Tenneco (NYSE TEN)MarketBeat's community ratings are surveys of what our community members think about Tenneco and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Tenneco stock can currently be purchased for approximately $63.56.
Consensus Ratings for Tenneco (NYSE:TEN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 4 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$66.63 (4.82% upside)|Consensus Price Target History for Tenneco (NYSE:TEN)
Analysts' Ratings History for Tenneco (NYSE:TEN)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/31/2017||Jefferies Group LLC||Reiterated Rating||Hold||$67.00 -> $62.00||Medium|
|7/6/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$71.00||Low|
|6/9/2017||Morgan Stanley||Lower Price Target||Underweight||$45.00 -> $44.00||Low|
|4/3/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Buy||$71.00||High|
|3/22/2017||Deutsche Bank AG||Boost Price Target||Hold||$75.00 -> $78.00||Medium|
|2/8/2017||Barclays PLC||Boost Price Target||Overweight||$70.00 -> $71.00||N/A|
|1/25/2017||Susquehanna Bancshares Inc||Downgrade||Positive -> Neutral||N/A|
|4/27/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||$54.50 -> $57.50||N/A|
|10/26/2015||J P Morgan Chase & Co||Boost Price Target||Overweight||$68.00 -> $70.00||N/A|
Earnings History for Tenneco (NYSE:TEN)Earnings History by Quarter for Tenneco (NYSE TEN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/28/2017||Q2 2017||$1.80||$1.90||$2.26 billion||$2.32 billion||View||N/A|
|5/1/2017||Q1 2017||$1.43||$1.53||$2.24 billion||$2.29 billion||View||Listen|
|2/7/2017||Q416||$1.44||$1.67||$2.09 billion||$2.16 billion||View||Listen|
|10/28/2016||Q316||$1.49||$1.53||$1.40 billion||$2.10 billion||View||Listen|
|7/29/2016||Q216||$1.61||$1.78||$2.24 billion||$2.20 billion||View||Listen|
|4/26/2016||Q116||$1.11||$1.17||$2.08 billion||$2.14 billion||View||Listen|
|2/9/2016||Q415||$1.14||$1.39||$2.02 billion||$2.03 billion||View||Listen|
|10/23/2015||Q315||$1.18||$1.22||$2.06 billion||$2.03 billion||View||Listen|
|7/24/2015||Q215||$1.33||$1.39||$2.14 billion||$2.13 billion||View||Listen|
|4/27/2015||Q115||$0.94||$0.88||$2.05 billion||$2.02 billion||View||Listen|
|2/2/2015||Q414||$1.01||$1.05||$2.05 billion||$2.00 billion||View||Listen|
|10/27/2014||Q314||$1.08||$1.25||$2.08 billion||$2.08 billion||View||Listen|
|7/28/2014||Q214||$1.26||$1.45||$2.21 billion||$2.24 billion||View||Listen|
|4/28/2014||Q114||$0.85||$0.91||$2.06 billion||$2.09 billion||View||Listen|
|1/30/2014||Q413||$0.83||$0.96||$1.94 billion||$2.03 billion||View||Listen|
|10/28/2013||Q313||$0.94||$0.99||$1.94 billion||$1.96 billion||View||Listen|
|7/29/2013||Q2 2013||$1.09||$1.10||$1.95 billion||$2.10 billion||View||Listen|
|4/29/2013||Q1 2013||$0.64||$0.72||$1.84 billion||$1.90 billion||View||Listen|
|1/31/2013||Q4 2012||$0.67||$0.66||$1.78 billion||$1.75 billion||View||Listen|
Earnings Estimates for Tenneco (NYSE:TEN)
2017 EPS Consensus Estimate: $6.46
2018 EPS Consensus Estimate: $7.25
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Tenneco (NYSE:TEN)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||19.72% (Trailing 12 Months of Earnings) |
14.97% (Based on This Year's Estimates)
13.57% (Based on Next Year's Estimates)
Dividend History by Quarter for Tenneco (NYSE TEN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Tenneco (NYSE:TEN)
Insider Ownership Percentage: 2.70%Insider Trades by Quarter for Tenneco (NYSE:TEN)
Institutional Ownership Percentage: 94.20%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/27/2017||John E. Kunz||VP||Sell||6,368||$61.00||$388,448.00|| |
|9/22/2017||John E Kunz||VP||Sell||11,500||$59.00||$678,500.00|| |
|9/20/2017||John E Kunz||VP||Sell||2,010||$58.00||$116,580.00|| |
|9/14/2017||James D Harrington||Insider||Sell||13,765||$56.87||$782,815.55|| |
|9/14/2017||John E Kunz||VP||Sell||9,573||$57.00||$545,661.00|| |
|9/13/2017||John E Kunz||VP||Sell||11,602||$55.35||$642,170.70|| |
|9/1/2017||Gregg M Sherrill||Insider||Sell||27,443||$54.67||$1,500,308.81|| |
|7/3/2017||John E Kunz||VP||Sell||4,243||$59.75||$253,519.25|| |
|6/6/2017||David B Price Jr||Director||Sell||4,893||$57.82||$282,913.26|| |
|3/23/2017||John E Kunz||VP||Buy||12||$62.25||$747.00|| |
|3/23/2017||Peng Guo||Insider||Buy||102||$62.25||$6,349.50|| |
|3/13/2017||John E Kunz||VP||Sell||3,880||$65.79||$255,265.20|| |
|3/8/2017||Gregg M Sherrill||CEO||Sell||78,799||$64.52||$5,084,111.48|| |
|3/7/2017||Gregg M Sherrill||CEO||Sell||9,578||$64.26||$615,482.28|| |
|12/9/2016||Josep Fornos||Insider||Sell||21,077||$66.39||$1,399,302.03|| |
|10/5/2016||Josep Fornos||Insider||Sell||11,030||$59.00||$650,770.00|| |
|9/14/2016||Peng Guo||Insider||Sell||3,186||$56.14||$178,862.04|| |
|9/7/2016||John E Kunz||VP||Sell||4,322||$56.96||$246,181.12|| |
|8/26/2016||John E Kunz||VP||Sell||4,000||$56.31||$225,240.00|| |
|8/18/2016||David B Price Jr||Director||Sell||30,000||$55.86||$1,675,800.00|| |
|5/31/2016||Gregg M Sherrill||CEO||Sell||51,609||$53.69||$2,770,887.21|| |
|5/6/2016||Kenneth R Trammell||CFO||Sell||21,080||$51.55||$1,086,674.00|| |
|5/4/2016||Timothy E Jackson||EVP||Sell||13,811||$52.38||$723,420.18|| |
|5/3/2016||Gregg M Sherrill||CEO||Sell||80,672||$53.20||$4,291,750.40|| |
|12/11/2015||Joseph A. Pomaranski||SVP||Sell||8,080||$47.98||$387,678.40|| |
|4/29/2015||John E. Kunz||VP||Sell||4,000||$60.00||$240,000.00|| |
|3/16/2015||Timothy E Jackson||EVP||Sell||29,308||$55.65||$1,630,990.20|| |
|3/3/2015||John E Kunz||VP||Sell||4,000||$58.98||$235,920.00|| |
|2/25/2015||Peng Guo||SVP||Sell||30,000||$58.05||$1,741,500.00|| |
|1/7/2015||Timothy E Jackson||EVP||Sell||27,530||$53.14||$1,462,944.20|| |
|12/23/2014||Josep Fornos||EVP||Sell||36,609||$57.04||$2,088,177.36|| |
|12/11/2014||Joseph A Pomaranski||SVP||Sell||4,400||$53.75||$236,500.00|| |
|12/2/2014||Paul D Novas||VP||Sell||5,445||$55.08||$299,910.60|| |
|11/24/2014||Paul D Novas||VP||Sell||19,187||$56.27||$1,079,652.49|| |
|11/21/2014||Gregg M Sherrill||CEO||Sell||220,230||$56.17||$12,370,319.10|| |
|11/19/2014||Timothy E Jackson||EVP||Sell||15,000||$56.11||$841,650.00|| |
|11/18/2014||James D Harrington||SVP||Sell||16,979||$56.50||$959,313.50|| |
|11/14/2014||Gregg M Sherrill||CEO||Sell||120,000||$55.56||$6,667,200.00|| |
|11/14/2014||Kenneth R Trammell||CFO||Sell||28,000||$55.53||$1,554,840.00|| |
|6/3/2014||Brent J Bauer||SVP||Sell||13,811||$64.48||$890,533.28|| |
|3/4/2014||Brent Bauer||SVP||Sell||7,530||$61.99||$466,784.70|| |
|2/20/2014||Brent Bauer||SVP||Sell||10,000||$60.00||$600,000.00|| |
|12/12/2013||Paul Novas||VP||Sell||7,200||$55.60||$400,320.00|| |
|10/28/2013||Brent J Bauer||SVP||Sell||10,000||$55.00||$550,000.00|| |
|10/2/2013||Brent J Bauer||SVP||Sell||20,000||$51.99||$1,039,800.00|| |
|10/2/2013||Neal Yanos||EVP||Sell||20,380||$52.52||$1,070,357.60|| |
|9/13/2013||Michael John Charlton||SVP||Sell||2,000||$49.66||$99,320.00|| |
|7/12/2013||Neal Yanos||EVP||Sell||23,500||$50.29||$1,181,815.00|| |
|7/8/2013||Josep Fornos||EVP||Sell||33,777||$47.16||$1,592,923.32|| |
|6/18/2013||Brent J Bauer||SVP||Sell||16,000||$46.70||$747,200.00|| |
|6/7/2013||Timothy E Jackson||EVP||Sell||21,306||$45.00||$958,770.00|| |
|6/4/2013||Timothy E Jackson||EVP||Sell||3,600||$45.01||$162,036.00|| |
|5/30/2013||Brent J Bauer||SVP||Sell||6,000||$45.00||$270,000.00|| |
|5/30/2013||Timothy E Jackson||EVP||Sell||2,494||$45.00||$112,230.00|| |
|5/21/2013||Brent J Bauer||SVP||Sell||15,000||$43.28||$649,200.00|| |
|5/10/2013||Gregg M Sherrill||CEO||Sell||100,000||$41.58||$4,158,000.00|| |
|5/10/2013||Hari N Nair||COO||Sell||35,000||$42.05||$1,471,750.00|| |
|5/10/2013||James D Harrington||SVP||Sell||1,250||$42.07||$52,587.50|| |
|5/10/2013||Josep Fornos||EVP||Sell||6,595||$42.00||$276,990.00|| |
|5/2/2013||Thomas C Freyman||Director||Buy||1,500||$38.26||$57,390.00|| |
|12/3/2012||Timothy E Jackson||VP||Sell||17,500||$32.25||$564,375.00|| |
Headline Trends for Tenneco (NYSE:TEN)
Latest Headlines for Tenneco (NYSE:TEN)
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Tenneco (TEN) Chart for Monday, October, 23, 2017