Tennant (TNC) Competitors

$115.63
+0.17 (+0.15%)
(As of 04/26/2024 ET)

TNC vs. SXI, MIDD, LZ, AMBP, OI, HEES, AZZ, ALG, XRX, and MWA

Should you be buying Tennant stock or one of its competitors? The main competitors of Tennant include Standex International (SXI), Middleby (MIDD), LegalZoom.com (LZ), Ardagh Metal Packaging (AMBP), O-I Glass (OI), H&E Equipment Services (HEES), AZZ (AZZ), Alamo Group (ALG), Xerox (XRX), and Mueller Water Products (MWA). These companies are all part of the "industrial products" sector.

Tennant vs.

Standex International (NYSE:SXI) and Tennant (NYSE:TNC) are both mid-cap industrial products companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk, media sentiment, earnings and community ranking.

Standex International presently has a consensus target price of $195.00, indicating a potential upside of 12.84%. Tennant has a consensus target price of $106.00, indicating a potential downside of 8.33%. Given Tennant's higher probable upside, equities analysts clearly believe Standex International is more favorable than Tennant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Standex International
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Tennant
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Standex International has higher earnings, but lower revenue than Tennant. Standex International is trading at a lower price-to-earnings ratio than Tennant, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Standex International$741.05M2.77$138.99M$11.6214.87
Tennant$1.24B1.77$109.50M$5.8319.83

In the previous week, Tennant had 15 more articles in the media than Standex International. MarketBeat recorded 23 mentions for Tennant and 8 mentions for Standex International. Tennant's average media sentiment score of 0.65 beat Standex International's score of 0.29 indicating that Standex International is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Standex International
2 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tennant
4 Very Positive mention(s)
7 Positive mention(s)
12 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Standex International pays an annual dividend of $1.20 per share and has a dividend yield of 0.7%. Tennant pays an annual dividend of $1.12 per share and has a dividend yield of 1.0%. Standex International pays out 10.3% of its earnings in the form of a dividend. Tennant pays out 19.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Standex International has raised its dividend for 13 consecutive years and Tennant has raised its dividend for 52 consecutive years. Tennant is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Standex International has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500. Comparatively, Tennant has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500.

Tennant received 56 more outperform votes than Standex International when rated by MarketBeat users. However, 64.20% of users gave Standex International an outperform vote while only 62.02% of users gave Tennant an outperform vote.

CompanyUnderperformOutperform
Standex InternationalOutperform Votes
269
64.20%
Underperform Votes
150
35.80%
TennantOutperform Votes
325
62.02%
Underperform Votes
199
37.98%

Standex International has a net margin of 18.80% compared to Standex International's net margin of 8.81%. Standex International's return on equity of 23.07% beat Tennant's return on equity.

Company Net Margins Return on Equity Return on Assets
Standex International18.80% 13.63% 8.22%
Tennant 8.81%23.07%11.27%

90.4% of Standex International shares are owned by institutional investors. Comparatively, 93.3% of Tennant shares are owned by institutional investors. 2.3% of Standex International shares are owned by insiders. Comparatively, 2.6% of Tennant shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Tennant beats Standex International on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TNC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TNC vs. The Competition

MetricTennantRefrigeration & service industry machinery IndustryIndustrial SectorNYSE Exchange
Market Cap$2.20B$3.69B$9.40B$17.47B
Dividend Yield0.95%0.83%2.08%3.55%
P/E Ratio19.8323.0019.9524.10
Price / Sales1.772.358.9610.49
Price / Cash12.3614.7232.4017.65
Price / Book3.732.923.794.87
Net Income$109.50M$182.52M$466.71M$964.96M
7 Day Performance0.64%1.77%0.86%1.90%
1 Month Performance-4.83%-8.18%-4.12%-3.08%
1 Year Performance73.64%33.05%11.50%96.69%

Tennant Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SXI
Standex International
4.2211 of 5 stars
$172.53
+2.0%
$195.00
+13.0%
+42.1%$2.05B$741.05M14.853,800Upcoming Earnings
Dividend Announcement
News Coverage
MIDD
Middleby
3.8612 of 5 stars
$145.36
+2.4%
$159.38
+9.6%
+0.9%$7.79B$4.04B19.6210,722
LZ
LegalZoom.com
2.1517 of 5 stars
$12.17
+0.5%
$14.36
+18.0%
+33.8%$2.29B$660.73M152.141,190
AMBP
Ardagh Metal Packaging
1.7687 of 5 stars
$3.71
+2.2%
$4.31
+16.1%
+0.7%$2.22B$4.81B-30.926,400Earnings Report
Dividend Announcement
News Coverage
OI
O-I Glass
3.5891 of 5 stars
$14.85
+0.3%
$22.67
+52.6%
-33.5%$2.31B$7.11B-19.8023,000Upcoming Earnings
HEES
H&E Equipment Services
4.6644 of 5 stars
$58.67
+2.5%
$64.33
+9.7%
+62.2%$2.09B$1.47B12.562,765Upcoming Earnings
AZZ
AZZ
4.4436 of 5 stars
$83.04
+8.5%
$69.50
-16.3%
+90.7%$2.08B$1.32B29.983,837Earnings Report
Analyst Report
Short Interest ↓
Analyst Revision
News Coverage
Gap Down
ALG
Alamo Group
2.4839 of 5 stars
$204.99
+0.2%
$215.33
+5.0%
+11.0%$2.47B$1.69B18.044,350Upcoming Earnings
Analyst Upgrade
XRX
Xerox
0.8791 of 5 stars
$14.76
-10.1%
$15.00
+1.6%
-10.7%$2.04B$6.89B-73.8020,100Earnings Report
Analyst Downgrade
High Trading Volume
MWA
Mueller Water Products
4.2767 of 5 stars
$16.18
+2.3%
$17.50
+8.2%
+19.7%$2.53B$1.28B32.363,200Dividend Announcement
Gap Up

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This page (NYSE:TNC) was last updated on 4/28/2024 by MarketBeat.com Staff

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