Announcement: Moody's says Tenneco's plans to be taken private are credit negative, but ratings unaffected at this time. Global Credit Research- 25 Feb 2022. New York, February 25, 2022-- Moody's Investors Service said that Tenneco Inc.' s ratings, including its B2 corporate family rating, are unaffected following the company's agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc..
The general evaluation of TENNECO INC. (US), a company active in the Auto Parts industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 4, 2022, the closing price was USD 12....
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
A director at Tenneco Inc bought 20,000 shares at 13.800USD and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...
The market is expecting STZ to see the fundamental momentum the company has built the past decade between a shift to a premiumization strategy and the move into beer to reveres due to the pandemic. The market expects the company, which has seen UAFRS-based (Uniform) ROA improve from 10% levels to almost 30% to decline to the low end of levels since its Grupo Modelo acquisition, not recognizing the company's strong business model that is unlikely to be disrupted. Constellation's strong pro...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Tenneco Inc. (TEN:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with a 12.7x Uniform P/E. At these levels, the market is pricing in expectations for profitability to rebound from historical lows, but management may have concerns about their free cash flow generation, margin challenges, and retail inventory restocking. Specifically, management may lack confidence in their ability to improve free cash flow generation, sustain their off-highway business...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Tenneco Inc.. Global Credit Research- 24 May 2021. New York, May 24, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Tenneco Inc. and other ratings that are associated with the same analytical unit.
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Rating Action: Moody's assigns Ba3 rating to Tenneco's new senior secured notes. Global Credit Research- 03 Mar 2021. New York, March 03, 2021-- Moody's Investors Service assigned a Ba3 rating to Tenneco Inc.' s proposed $800 million senior secured notes.
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