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Is Tenneco a good stock?

Writer Joseph Russell

Tenneco has received a consensus rating of Hold. The company’s average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.

Why is Tenneco stock falling today?

Shares of Tenneco (NYSE:TEN) fell more than 15% on Monday after the auto parts manufacturer released quarterly results. The company’s earnings fell short of estimates, causing investors to run for the exits.

What happened to Tenneco?

In February 2019, it was announced that Tenneco will be separated into two different companies, leading to the launch of DRiV Incorporated- a publicly traded Aftermarket and Ride Performance company that will serve as a global multi-line and multi-brand aftermarket supplier of ride performance and braking suppliers to …

What’s the stock price of Tenneco ( ten )?

Tenneco (TEN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

How many employees does Tenneco have in the world?

Tenneco is a multi-national corporation with 93 manufacturing facilities in 26 countries located on 6 continents, with major centers of operations in North America, Europe, Australia and Asia. There were 30,000 employees in 2016.

When did Tenneco spin off the automotive business?

The automotive division was spun off from Tenneco, Inc. in 1991 along with the packaging, energy, natural gas, and shipbuilding divisions. All businesses except automotive and packaging were disposed of between 1994 and 1996 (through public offerings, sales, spin-offs and mergers).

What kind of product is Tenneco emissions control?

Type Public Products Ride control, emissions control, elastom Revenue $17.45 Billion (2019) Number of employees 78,000 Website