Tennant/TNC

$104.90

-0.54%
-
1D1W1MYTD1YMAX

About Tennant

Tennant Company is engaged in designing, manufacturing and marketing solutions. The Company’s products include floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including factories and warehouses, distribution centers, office buildings, public venues, such as arenas and stadiums, schools and universities, hospitals and clinics, and more. The Company markets its offerings under various brands: Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei and Rongen brands as well as private-label brands. The Company has approximately 11 global manufacturing locations and operates in three geographic areas including the Americas, Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC).

Ticker

TNC

Sector

Industrials

Trading on

NYSE

Industry

Misc. Capital Goods

CEO

David Huml

Employees

4,457

Headquarters

Eden prairie, United States

Tennant Metrics

BasicAdvanced
$2B
Market cap
17.61
P/E ratio
$6.02
EPS
1.03
Beta
$1.09
Dividend rate
1.06%
Dividend yield
$2B
1.02556
$124.11
$72.60
146K
$1.09
2.155
1.458
33.746
34.917
18.05%
16.917
12.05%
10.09%
20.53%
13.11%
17.606
1.612
3.275
5.749
16.677
1.25%
1.03%
1.06%
9.55%
39.89%
7.5%
47.72%
6.5%

What the Analysts think about Tennant

Analyst Ratings

Majority rating from 3 analysts.
Buy

Price Targets

Average projection from 3 analysts.
37.59% upside
High $150.00
Low $140.00
$104.90
Current price
$144.33
Average price target

Tennant Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
9.13% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$311M
-0.13%
Net income
$28M
-8.39%
Profit margin
9.13%
-8.24%

Tennant Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 27.76%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.86
$1.34
$1.92
$1.81
-
Expected
$1.16
$1.15
$1.25
$1.42
$1.76
Surprise
60.81%
16.52%
53.19%
27.76%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Tennant stock?

Tennant (TNC) has a market cap of $2B as of May 20, 2024.

What is the P/E ratio for Tennant stock?

The price to earnings (P/E) ratio for Tennant (TNC) stock is 17.44 as of May 20, 2024.

Does Tennant stock pay dividends?

Yes, the Tennant (TNC) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $1.09 and the yield is 1.07%. Tennant has a payout ratio of 18.05% on a trailing twelve-month basis.

When is the next Tennant dividend payment date?

The next Tennant (TNC) dividend payment is scheduled for June 14, 2024.

What is the beta indicator for Tennant?

Tennant (TNC) has a beta rating of 1.02. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Tennant stock price target?

The target price for Tennant (TNC) stock is $144.33, which is 37.59% above the current price of $104.9. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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