Official PayPal Seal

Tenneco’s Shares Undervalued Leading Up to Business Separation

publication date: Mar 26, 2019
View a Printer Friendly version of this page, allowing you to print the page. Send a summary of this page to someone via email.

Image Source: Tenneco fourth quarter earnings presentation

We think shares of Tenneco are undervalued as the company gears up to complete a business separation in the back half of 2019, but we’re not interested in the stock as a great deal of uncertainty surrounds not only the company itself but the auto supplier industry in general. Expectations for a decline in global light vehicle production in 2019 coupled with heightened concerns over the pace of global economic growth do not bode well for the group, and the auto landscape is one that may see material change in coming years.

Subscribe Now to Gain Access!

This page is available to subscribers only. To gain access to members only content (including this research piece), click here to subscribe. With a subscription, you'll have access to all of our premium commentary, equity reports, dividend reports and Best Ideas Newsletter and Dividend Growth Newsletter, as well as receive discounts on all of our modeling tools and products. Financial advisers and institutional investors have even more to choose from!

Click to Learn More about Valuentum

If you are already a subscriber, please

If you believe you should be able to view this area then please contact us and we will try to rectify this issue as soon as possible.

To gain access to the members only content, click here to subscribe. You will be given immediate access to premium content on the site.