Tenneco Story

<div class='circular--portrait' style='background:#169D0B;color: #FFFFF0;font-size:4em;'>TA</div>
TEN -- USA Stock  

USD 10.30  0.44  4.10%

Tenneco Automotive Invested Capital is quite stable at the moment as compared to the past year. The company's current value of Invested Capital is estimated at 2.55 Billion. Market Capitalization is expected to rise to about 3.3 B this year, although the value of Net Income Per Employee will most likely fall to (5.1 K). The goal of this thesis is to forecast a future value of Tenneco Automotive using technical analysis. What exactly are Tenneco Automotive institutional investors should expect in March?
Published over a month ago
View all stories for Tenneco Automotive | View All Stories
Here is our Tenneco Automotive (NYSE:TEN) forecasting for March
Over 67.0% of Tenneco Automotive shares are owned by institutional investors. Institutional ownership of Tenneco Automotive refers to the amount of Tenneco Automotive equity owned by mutual funds, pension funds, insurance companies, investment firms, foundations, or other large entities that manage money on behalf of others. Check out our latest analysis of Tenneco, including its current ownership diagnostics.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Tenneco Automotive. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Tenneco Automotive

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tenneco Automotive's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Tenneco Automotive in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tenneco Automotive. Your research has to be compared to or analyzed against Tenneco Automotive's peers to derive any actionable benefits. When done correctly, Tenneco Automotive's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Tenneco Automotive.

How important is Tenneco Automotive's Liquidity

Tenneco Automotive financial leverage refers to using borrowed capital as a funding source to finance Tenneco Automotive ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Tenneco Automotive financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Tenneco Automotive's total debt and its cash.

How Tenneco utilizes its cash?

To perform a cash flow analysis of Tenneco Automotive, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Tenneco Automotive is receiving and how much cash it distributes out in a given period. The Tenneco Automotive cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Tenneco Automotive Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 516.51 Million

Sale by Icahn Carl C of 172076 shares of Tenneco Automotive

Legal trades by Tenneco Automotive insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Tenneco insider trading alert for sale of class a common stock by Icahn Carl C, the corporate stakeholder, on 16th of April 2021. This event was filed by Tenneco Inc with SEC on 2021-04-16. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

What is driving Tenneco Automotive Investor Appetite?

Tenneco Automotive shows above-average downside volatility for the selected time horizon. We advise investors to inspect Tenneco Automotive further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Tenneco Automotive future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tenneco Automotive's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tenneco Automotive's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Returns Breakdown

0.0407
Return on Sales
0.0963
Return Capital
Return on Investment0.59
Return on Assets(2.98)
Return on Equity(25.02)
Return Capital0.0963
Return on Sales0.0407

Our take on Tenneco Automotive small slide

The coefficient of variation is down to 1126.84 as of today. Tenneco Automotive shows above-average downside volatility for the selected time horizon. We advise investors to inspect Tenneco Automotive further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Tenneco Automotive future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tenneco Automotive's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tenneco Automotive's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Take On Tenneco Automotive

Whereas some companies in the auto parts industry are either recovering or due for a correction, Tenneco may not be as strong as the others in terms of longer-term growth potentials. To conclude, as of the 24th of February 2021, our concluding 30 days 'Buy-vs-Sell' recommendation on the company is Hold. We believe Tenneco Automotive is fairly valued with below average probability of financial unrest for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Tenneco Automotive. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com