Tenneco (NYSE:TEN) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, August 6th. Analysts expect the company to announce earnings of $1.00 per share for the quarter. Tenneco has set its Q2 2019 guidance at EPS and its FY 2019 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.
Tenneco (NYSE:TEN) last announced its earnings results on Thursday, May 9th. The auto parts company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.42). Tenneco had a positive return on equity of 25.31% and a negative net margin of 0.85%. The firm had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.49 billion. During the same period in the prior year, the business earned $1.56 EPS. Tenneco’s quarterly revenue was up 73.7% on a year-over-year basis. On average, analysts expect Tenneco to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of NYSE TEN opened at $8.13 on Monday. Tenneco has a twelve month low of $7.69 and a twelve month high of $47.22. The business’s fifty day moving average price is $9.85. The company has a market capitalization of $470.13 million, a P/E ratio of 1.29 and a beta of 2.35. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.37 and a quick ratio of 0.85.
TEN has been the subject of a number of analyst reports. Morgan Stanley set a $9.00 target price on shares of Tenneco and gave the stock a “sell” rating in a research note on Wednesday, June 26th. UBS Group lowered their target price on shares of Tenneco from $28.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, May 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $24.25.
Tenneco Inc designs, manufactures, and sells clean air, powertrain, and ride performance products and systems for light vehicle, commercial truck, off-highway, industrial, and aftermarket customers worldwide. The company offers clean air products and systems, including catalytic converters and diesel oxidation catalysts, diesel particulate filters, burner systems, lean nitrogen oxide (NOx) traps, hydrocarbon vaporizers and injectors, selective catalytic reduction (SCR) systems, SCR-coated diesel particulate filters 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 aftertreatment control units.
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