Welcome to our comprehensive shopping guide on Tenneco stock! As a leading player in the automotive sector, Tenneco offers innovative solutions that enhance vehicle performance and sustainability. Whether you’re an investor seeking growth opportunities or a consumer interested in high-quality automotive products, understanding Tenneco’s market position is essential. Dive in to discover how Tenneco stock can impact your investment strategy and enhance your automotive experience!
Tenneco Stock Shopping Guide
Tenneco Inc. (NYSE: TEN) is a leading global automotive supplier, specializing in clean air and ride performance products. Investing in Tenneco stock can provide opportunities for growth, especially given the company’s significant role in the automotive sector. This shopping guide aims to equip you with essential information about Tenneco stock, helping you make informed investment decisions.
Tenneco Stock Comparison Table
| Feature | Tenneco Inc. (TEN) |
|---|---|
| Market Cap | $540.19 million |
| Revenue (TTM) | $804.06 million |
| Net Income (TTM) | $148.27 million |
| EPS (TTM) | $5.03 |
| PE Ratio | 3.57 |
| Forward PE Ratio | 6.13 |
| Dividend Yield | 8.37% |
| 52-Week Price Range | $13.40 – $31.48 |
| Beta | 0.25 |
| Analyst Consensus | Buy |
| 12-Month Price Target | $31.00 (+72.90% upside) |
Everyday Usage of Tenneco Stock
Investing in Tenneco stock can provide significant financial benefits for both short-term and long-term investors. Here are some common usage scenarios:
- Portfolio Diversification: Tenneco stock can serve as a valuable component of a diversified investment portfolio, particularly for those interested in the automotive or energy sectors.
- Income Generation: With a dividend yield of 8.37%, Tenneco stock can be an attractive option for income-focused investors looking for reliable cash flow.
- Growth Potential: Analysts project a substantial upside potential of 72.90%, making Tenneco an appealing choice for growth investors.
Benefits of Investing in Tenneco Stock
Investing in Tenneco stock offers several advantages:
- Strong Market Position: Tenneco is a recognized leader in the automotive industry, which can provide stability and growth opportunities.
- Robust Financial Performance: Despite recent fluctuations, Tenneco has shown resilience with solid revenue and earnings figures.
- Dividend Payments: Regular dividends can enhance overall returns, especially for long-term investors.
- Positive Analyst Ratings: The consensus among analysts is a “Buy,” indicating confidence in the company’s future performance.
How to Choose Tenneco Stock
When considering an investment in Tenneco stock, keep the following factors in mind:
- Market Trends: Stay informed about trends in the automotive industry, including shifts toward electric vehicles and sustainability.
- Financial Health: Analyze Tenneco’s financial statements, focusing on revenue growth, net income, and cash flow.
- Dividends: Consider whether dividend payments align with your investment goals.
- Analyst Ratings: Review expert opinions and price targets to gauge market sentiment about Tenneco’s future.
- Risk Tolerance: Assess your risk appetite based on Tenneco’s historical performance and market volatility.
User Tips for Investing in Tenneco Stock
- Research Thoroughly: Before making any investment, conduct thorough research on Tenneco’s financial health, market position, and competitive landscape.
- Monitor Earnings Reports: Pay attention to quarterly earnings reports for insights into the company’s performance and future outlook.
- Set Investment Goals: Define your investment goals, whether they are focused on short-term gains, long-term growth, or income generation through dividends.
- Consider Timing: Evaluate the timing of your investment based on market conditions and Tenneco’s stock price trends.
- Diversify Your Holdings: Avoid putting all your resources into a single stock; diversify across different sectors to mitigate risk.
Tenneco Stock Technical Features Comparison Table
| Technical Feature | Value |
|---|---|
| Current Price | $17.93 |
| Open Price | $17.14 |
| Day’s Range | $17.14 – $17.96 |
| Volume | 244,053 |
| Average Volume (3M) | 6.1 million |
| 1-Year Change | -3.19% |
| 1-Month Change | +12.34% |
| 52-Week High | $31.48 |
| 52-Week Low | $13.40 |
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Conclusion
Investing in Tenneco stock can be a strategic decision for those looking to capitalize on the automotive industry’s evolution. With a solid market position, promising growth potential, and attractive dividends, Tenneco offers a compelling opportunity for various investors. By carefully considering your investment strategy and staying informed about market trends, you can make well-informed decisions regarding Tenneco stock.
FAQ
What is Tenneco Inc.?
Tenneco Inc. is a global automotive supplier specializing in clean air and ride performance products.
What stock exchange is Tenneco listed on?
Tenneco is listed on the New York Stock Exchange (NYSE) under the ticker symbol TEN.
What is the current price of Tenneco stock?
As of the latest data, Tenneco stock is priced at approximately $17.93.
What is the dividend yield for Tenneco stock?
Tenneco offers a dividend yield of 8.37%.
What is the 12-month price target for Tenneco stock?
Analysts project a 12-month price target of $31.00, indicating a potential upside of 72.90%.
How has Tenneco’s stock performed over the past year?
Tenneco’s stock has experienced a 1-year change of -3.19%.
What factors should I consider before investing in Tenneco stock?
Consider market trends, financial health, dividends, analyst ratings, and your risk tolerance.
What are the benefits of investing in Tenneco stock?
Investing in Tenneco offers potential for growth, income through dividends, and a strong market position.
How can I monitor Tenneco’s stock performance?
You can monitor Tenneco’s stock performance through financial news platforms, stock market apps, and regular earnings reports.
Is Tenneco a good investment?
While Tenneco shows potential for growth and income generation, individual investment decisions should be based on thorough research and personal financial goals.
