Tenneco Stock Today

Tenneco Automotive is selling for 19.99 as of the 28th of November 2022. This is a No Change since the beginning of the trading day. The stock's open price was 19.99. Tenneco Automotive was delisted on 17th of November 2022. Equity ratings for Tenneco Automotive are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2022 and ending today, the 28th of November 2022. Click here to learn more.
CUSIP
88037E101
Fiscal Year End
December
Business Domain
Automobiles & Components
IPO Date
4th of January 1982
Category
Consumer Cyclical
Classification
Consumer Discretionary

Tenneco Automotive Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tenneco Automotive's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tenneco Automotive or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Tenneco Automotive is not yet fully synchronised with the market data
The company reported the last year's revenue of 18.03 B. Reported Net Loss for the year was (179 M) with profit before taxes, overhead, and interest of 2.41 B.
Tenneco Automotive has about 389 M in cash with (58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.66.
Over 84.0% of the company shares are owned by institutional investors
CEOBrian Kesseler
Thematic IdeaMacroaxis Index (view all)
Average Analyst Recommendation
Analysts covering Tenneco Automotive report their recommendations after researching Tenneco Automotive's financial statements, talking to executives and customers, or listening in on Tenneco Automotive's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Tenneco Automotive. The Tenneco consensus assessment is calculated by taking the average forecast from all of the analysts covering Tenneco Automotive.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Tenneco Automotive based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Tenneco Automotive financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted71.4 M83.6 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares70.4 M82.2 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets0.30.2982
Slightly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations300.8 M233 M
Significantly Up
Increasing
Stable
Current Liabilities5.1 B4.7 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities12.4 B11.5 B
Significantly Up
Increasing
Slightly volatile
Gross Margin15.9113.1411
Fairly Up
Decreasing
Slightly volatile
Total Debt1.6 B1.6 B
Slightly Up
Increasing
Slightly volatile
Asset Turnover1.871.5366
Fairly Up
Decreasing
Slightly volatile
Current Assets6.3 B5.8 B
Significantly Up
Increasing
Slightly volatile
Total Assets12.5 B11.6 B
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Tenneco Automotive's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
Financial Strength
Tenneco Automotive's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tenneco Automotive's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Tenneco Automotive's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Tenneco Automotive's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tenneco Automotive's financial leverage. It provides some insight into what part of Tenneco Automotive's total assets is financed by creditors.
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By using current balance sheet information, investors can analyze the liability, assets, and equity on Tenneco Automotive's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Tenneco Automotive deploys its capital and how much of that capital is borrowed.
Liquidity
Tenneco Automotive cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 5.02 B in debt. Tenneco Automotive has a current ratio of 1.16, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Tenneco Automotive until it has trouble settling it off, either with new capital or with free cash flow. So, Tenneco Automotive's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tenneco Automotive sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tenneco to invest in growth at high rates of return. When we think about Tenneco Automotive's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

300.81 Million
Tenneco Automotive (TEN) is traded on New York Stock Exchange in USA and employs 71,000 people. The company currently falls under 'Mid-Cap' category with total capitalization of 1.64 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tenneco Automotive's market, we take the total number of its shares issued and multiply it by Tenneco Automotive's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Tenneco Automotive runs under Consumer Cyclical sector within Auto Parts industry. The entity has 82.11 M outstanding shares of which 10.65 M shares are at this time shorted by investors with about 6.59 days to cover. Tenneco Automotive has about 389 M in cash with (58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.66.
Check Tenneco Automotive Probability Of Bankruptcy

Tenneco Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Tenneco Automotive jumping above the current price in 90 days from now is about 5.38%. The Tenneco Automotive probability density function shows the probability of Tenneco Automotive stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Tenneco Automotive has a beta of 0.0873. This usually implies as returns on the market go up, Tenneco Automotive average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tenneco Automotive will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0486, implying that it can generate a 0.0486 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 19.99HorizonTargetOdds Above 19.99
94.53%90 days
 19.99 
5.38%
Based on a normal probability distribution, the odds of Tenneco Automotive to move above the current price in 90 days from now is about 5.38 (This Tenneco Automotive probability density function shows the probability of Tenneco Stock to fall within a particular range of prices over 90 days) .

Tenneco Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Tenneco Automotive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tenneco Automotive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tenneco Automotive's value.
InstituionSecurity TypeTotal SharesValue
Zurich Insurance Group LtdCommon Shares14.3 K868 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares7.4 K127 K
View Tenneco Automotive Diagnostics

Tenneco Automotive Historical Income Statement

Tenneco Automotive Income Statement is one of the three primary financial statements used for reporting Tenneco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tenneco Automotive revenue and expense. Tenneco Automotive Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Tenneco Automotive Net Income Common Stock is quite stable at the moment as compared to the past year. The company's current value of Net Income Common Stock is estimated at 352.49 Million. Net Income to Non Controlling Interests is expected to rise to about 68 M this year, although the value of Cost of Revenue will most likely fall to about 5.4 B. View More Fundamentals

Tenneco Stock Against Markets

Picking the right benchmark for Tenneco Automotive stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tenneco Automotive stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tenneco Automotive is critical whether you are bullish or bearish towards Tenneco Automotive at a given time.

Tenneco Automotive Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tenneco Automotive stock to make a market-neutral strategy. Peer analysis of Tenneco Automotive could also be used in its relative valuation, which is a method of valuing Tenneco Automotive by comparing valuation metrics with similar companies.
Advance Auto PartsAutozoneOReilly AutomotiveAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelone IncCVS CorpChevron CorpHome DepotInternational BusinessIntel CorpMetlife
 Risk & Return  Correlation

Tenneco Automotive Corporate Directors

Tenneco Automotive corporate directors refer to members of a Tenneco Automotive board of directors. The board of directors generally takes responsibility for the Tenneco Automotive's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tenneco Automotive's board members must vote for the resolution. The Tenneco Automotive board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Charles Stevens - Independent DirectorProfile
Keith Cozza - Independent DirectorProfile
Linae Golla - Executive Director, Investor RelationsProfile
Roger Porter - Independent DirectorProfile

Invested in Tenneco Automotive?

The danger of trading Tenneco Automotive is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tenneco Automotive is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tenneco Automotive. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tenneco Automotive is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the Tenneco Automotive information on this page should be used as a complementary analysis to other Tenneco Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Tenneco Automotive price analysis, check to measure Tenneco Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenneco Automotive is operating at the current time. Most of Tenneco Automotive's value examination focuses on studying past and present price action to predict the probability of Tenneco Automotive's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tenneco Automotive's price. Additionally, you may evaluate how the addition of Tenneco Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Tenneco Automotive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenneco Automotive. If investors know Tenneco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenneco Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.22) 
Market Capitalization
1.7 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.0203
Return On Equity
(2.86) 
The market value of Tenneco Automotive is measured differently than its book value, which is the value of Tenneco that is recorded on the company's balance sheet. Investors also form their own opinion of Tenneco Automotive's value that differs from its market value or its book value, called intrinsic value, which is Tenneco Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenneco Automotive's market value can be influenced by many factors that don't directly affect Tenneco Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenneco Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine Tenneco Automotive value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenneco Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.