Tenneco (TEN) Reaches $55.75 After 3.00% Down Move, Zumiez Inc. (ZUMZ) Had 4 Bulls

June 8, 2017 - By Maria Brooks

The stock of Tenneco Inc (NYSE:TEN) is a huge mover today! About 482,834 shares traded. Tenneco Inc (NYSE:TEN) has risen 7.45% since June 8, 2016 and is uptrending. It has underperformed by 9.25% the S&P500.The move comes after 7 months negative chart setup for the $3.01B company. It was reported on Jun, 8 by Barchart.com. We have $54.08 PT which if reached, will make NYSE:TEN worth $90.30 million less.

Among 20 analysts covering Zumiez Inc. (NASDAQ:ZUMZ), 4 have Buy rating, 2 Sell and 14 Hold. Therefore 20% are positive. Zumiez Inc. had 50 analyst reports since August 5, 2015 according to SRatingsIntel. As per Tuesday, August 18, the company rating was initiated by Wolfe Research. The rating was maintained by Wedbush with “Neutral” on Friday, September 11. On Thursday, August 6 the stock rating was maintained by Roth Capital with “Neutral”. On Thursday, October 6 the stock rating was upgraded by B. Riley & Co to “Buy”. The rating was downgraded by Zacks to “Hold” on Thursday, August 13. Mizuho maintained Zumiez Inc. (NASDAQ:ZUMZ) rating on Friday, June 3. Mizuho has “Neutral” rating and $15 target. The rating was initiated by Guggenheim with “Neutral” on Tuesday, January 5. The firm has “Underperform” rating given on Friday, September 11 by Wolfe Research. The firm has “Hold” rating given on Saturday, August 8 by Brean Capital. The firm has “Hold” rating by BMO Capital Markets given on Thursday, June 1. See Zumiez Inc. (NASDAQ:ZUMZ) latest ratings:

02/06/2017 Broker: Jefferies Rating: Hold New Target: $15.0000 Maintain
01/06/2017 Broker: BMO Capital Markets Rating: Hold New Target: $16.0000 Maintain
22/12/2016 Broker: B. Riley & Co Old Rating: Buy New Rating: Neutral Old Target: $27.00 New Target: $25.00 Downgrade

Among 8 analysts covering Tenneco Inc (NYSE:TEN), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Tenneco Inc had 25 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Wednesday, November 30. As per Tuesday, May 2, the company rating was maintained by RBC Capital Markets. Barclays Capital maintained the stock with “Overweight” rating in Thursday, January 12 report. The firm earned “Market Perform” rating on Wednesday, April 27 by Wells Fargo. As per Tuesday, May 3, the company rating was maintained by Goldman Sachs. The firm has “Buy” rating by Goldman Sachs given on Monday, April 3. Jefferies maintained the stock with “Hold” rating in Tuesday, May 30 report. The stock of Tenneco Inc (NYSE:TEN) has “Outperform” rating given on Monday, October 26 by RBC Capital Markets. Barclays Capital maintained the stock with “Equal Weight” rating in Monday, January 25 report. The firm has “Neutral” rating given on Wednesday, August 12 by Goldman Sachs.

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.19, from 0.91 in 2016Q3. It improved, as 23 investors sold Tenneco Inc shares while 93 reduced holdings. 38 funds opened positions while 90 raised stakes. 51.24 million shares or 1.78% less from 52.17 million shares in 2016Q3 were reported. Parametric Port Limited Liability Company holds 0.01% or 130,091 shares in its portfolio. Schwab Charles Inv Mngmt stated it has 440,453 shares. Blackrock Ltd, a United Kingdom-based fund reported 71,399 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 25,904 shares. Parkwood Limited Company owns 4,242 shares. Td Capital Llc accumulated 100 shares. Van Eck Associate Corp invested 0% of its portfolio in Tenneco Inc (NYSE:TEN). Cantab Cap Partners Llp holds 10,144 shares or 0% of its portfolio. Com Of Vermont owns 12 shares or 0% of their US portfolio. 82,641 are held by Invesco. Geneva Limited Liability Co invested 0% of its portfolio in Tenneco Inc (NYSE:TEN). Breton Hill Limited holds 0.2% or 12,925 shares. The Pennsylvania-based Sei has invested 0% in Tenneco Inc (NYSE:TEN). Numeric Ltd Co has invested 0.03% in Tenneco Inc (NYSE:TEN). Salem Inv Counselors has 0% invested in Tenneco Inc (NYSE:TEN).

Since December 9, 2016, it had 4 buys, and 6 selling transactions for $9.58 million activity. Kunz John E bought $747 worth of stock or 12 shares. TRAMMELL KENNETH R sold $2.35 million worth of stock. 8,463 shares were sold by Harrington James D., worth $560,947 on Monday, February 13. Another trade for 17 shares valued at $1,058 was made by JACKSON TIMOTHY E on Thursday, March 23. On Tuesday, March 7 Sherrill Gregg M sold $615,448 worth of Tenneco Inc (NYSE:TEN) or 9,578 shares. $1.40 million worth of Tenneco Inc (NYSE:TEN) was sold by Fornos Josep on Friday, December 9. On Thursday, March 23 the insider Guo Peng bought $6,350.

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 has market cap of $3.01 billion. The Firm designs, makes and distributes highly engineered products for both original equipment vehicle manufacturers and the repair and replacement markets, or aftermarket, across the world. It has a 8.45 P/E ratio. The Firm operates through six divisions: North America Clean Air; North America Ride Performance; Europe, South America and India Clean Air; Europe, South America and India Ride Performance; Asia Pacific Clean Air, and Asia Pacific Ride Performance.

Analysts await Tenneco Inc (NYSE:TEN) to report earnings on August, 4. They expect $1.80 earnings per share, up 1.12% or $0.02 from last year’s $1.78 per share. TEN’s profit will be $97.18M for 7.74 P/E if the $1.80 EPS becomes a reality. After $1.53 actual earnings per share reported by Tenneco Inc for the previous quarter, Wall Street now forecasts 17.65% EPS growth.

Since December 12, 2016, it had 0 buys, and 1 insider sale for $116,536 activity. Shares for $116,536 were sold by Smith Travis.

About 648,790 shares traded or 18.17% up from the average. Zumiez Inc. (NASDAQ:ZUMZ) has risen 3.10% since June 8, 2016 and is uptrending. It has underperformed by 13.60% the S&P500.

Zumiez Inc., including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The company has market cap of $321.90 million. The Firm operates under the names Zumiez, Blue Tomato and Fast Times. It has a 13.31 P/E ratio. Additionally, it operates e-commerce Websites at www.zumiez.com, www.blue-tomato.com and www.fasttimes.com.au.

Investors sentiment increased to 1.62 in Q4 2016. Its up 0.77, from 0.85 in 2016Q3. It increased, as 12 investors sold Zumiez Inc. shares while 35 reduced holdings. 35 funds opened positions while 41 raised stakes. 19.96 million shares or 0.57% more from 19.85 million shares in 2016Q3 were reported. Guggenheim Capital Limited Liability Co holds 70,682 shares or 0% of its portfolio. Moreover, Great West Life Assurance Can has 0% invested in Zumiez Inc. (NASDAQ:ZUMZ) for 21,611 shares. Invesco Limited holds 0% or 63,600 shares in its portfolio. Evercore Wealth Mngmt Lc stated it has 0% in Zumiez Inc. (NASDAQ:ZUMZ). Ls Ltd Limited Liability Company stated it has 725 shares or 0% of all its holdings. The Minnesota-based Thrivent Financial For Lutherans has invested 0% in Zumiez Inc. (NASDAQ:ZUMZ). Blackrock Grp owns 43,965 shares. California-based Blackrock Fund Advsrs has invested 0.01% in Zumiez Inc. (NASDAQ:ZUMZ). California Employees Retirement holds 0% or 61,100 shares in its portfolio. State Street Corp holds 553,880 shares or 0% of its portfolio. Federated Invsts Inc Pa owns 0% invested in Zumiez Inc. (NASDAQ:ZUMZ) for 1,794 shares. Natl Bank Of Montreal Can invested 0% in Zumiez Inc. (NASDAQ:ZUMZ). Mason Street Advsrs Limited Co holds 3,808 shares. Foundry Partners Ltd Liability Com stated it has 61,046 shares. Tower Research Capital Llc (Trc) invested in 2,253 shares or 0.01% of the stock.