Tenneco (TEN) Receives Daily Media Impact Rating of 0.09

News articles about Tenneco (NYSE:TEN) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tenneco earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media headlines about the auto parts company an impact score of 45.2015276255148 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of NYSE:TEN opened at $55.03 on Thursday. Tenneco has a 52-week low of $50.73 and a 52-week high of $65.59. The stock has a market capitalization of $2,856.89, a PE ratio of 7.99, a PEG ratio of 0.55 and a beta of 1.80. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.24 and a quick ratio of 0.85.

Tenneco (NYSE:TEN) last announced its quarterly earnings results on Friday, February 9th. The auto parts company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.25. The company had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.30 billion. Tenneco had a return on equity of 52.86% and a net margin of 2.22%. Tenneco’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $1.67 earnings per share. equities analysts predict that Tenneco will post 7.49 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 22nd. Investors of record on Tuesday, March 6th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.82%. The ex-dividend date was Monday, March 5th. Tenneco’s dividend payout ratio is currently 14.51%.

Several research analysts have recently issued reports on the company. Deutsche Bank reduced their price objective on Tenneco from $66.00 to $61.00 and set a “hold” rating for the company in a research note on Wednesday. Royal Bank of Canada restated a “hold” rating and issued a $63.00 price objective on shares of Tenneco in a research note on Friday, February 9th. Guggenheim set a $70.00 price objective on Tenneco and gave the stock a “buy” rating in a research note on Monday, February 12th. ValuEngine cut Tenneco from a “buy” rating to a “hold” rating in a research note on Saturday, February 3rd. Finally, Barclays restated a “buy” rating and issued a $74.00 price objective on shares of Tenneco in a research note on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $64.67.

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About Tenneco

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.

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