What is Sidoti Csr's Estimate for Tennant Q1 Earnings?

Key Points

• Sidoti Csr estimates Tennant's Q1 2027 earnings per share at $1.70, with a full-year forecast of $7.35 EPS.
• Tennant recently reported Q2 earnings significantly lower than expected, with an EPS of $1.49, missing analysts' consensus by $0.14.
• The company has declared a quarterly dividend of $0.295 per share, representing an annualized yield of 1.5%.

Tennant Company (NYSE:TNC - Free Report) - Sidoti Csr issued their Q1 2027 EPS estimates for shares of Tennant in a report released on Wednesday, October 15th. Sidoti Csr analyst S. Ferazani anticipates that the industrial products company will post earnings per share of $1.70 for the quarter. The consensus estimate for Tennant's current full-year earnings is $5.89 per share. Sidoti Csr also issued estimates for Tennant's Q2 2027 earnings at $1.90 EPS, Q3 2027 earnings at $1.81 EPS and FY2027 earnings at $7.35 EPS.

Tennant (NYSE:TNC - Get Free Report) last announced its earnings results on Wednesday, August 6th. The industrial products company reported $1.49 earnings per share for the quarter, missing analysts' consensus estimates of $1.63 by ($0.14). Tennant had a return on equity of 16.41% and a net margin of 4.84%.The company had revenue of $318.60 million during the quarter, compared to the consensus estimate of $327.20 million. During the same period in the prior year, the firm posted $1.83 earnings per share. The company's revenue was down 3.7% on a year-over-year basis.

Other equities research analysts also recently issued reports about the stock. Zacks Research raised shares of Tennant to a "hold" rating in a research note on Tuesday, August 12th. Wall Street Zen upgraded shares of Tennant from a "hold" rating to a "buy" rating in a report on Saturday, September 20th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Tennant in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $125.00.

Tennant Trading Up 0.4%

Shares of NYSE TNC opened at $79.83 on Thursday. Tennant has a 1-year low of $67.32 and a 1-year high of $95.29. The company has a market cap of $1.47 billion, a PE ratio of 24.87, a P/E/G ratio of 1.73 and a beta of 1.06. The company has a current ratio of 2.09, a quick ratio of 1.38 and a debt-to-equity ratio of 0.33. The company has a 50-day moving average of $81.58 and a two-hundred day moving average of $78.00.

Tennant Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, August 29th. Tennant's dividend payout ratio is 36.76%.

Hedge Funds Weigh In On Tennant

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC increased its position in Tennant by 429.0% during the first quarter. GAMMA Investing LLC now owns 492 shares of the industrial products company's stock worth $39,000 after acquiring an additional 399 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Tennant by 194.8% during the 1st quarter. Farther Finance Advisors LLC now owns 619 shares of the industrial products company's stock valued at $50,000 after purchasing an additional 409 shares during the last quarter. Banque Transatlantique SA bought a new stake in shares of Tennant during the 1st quarter valued at approximately $59,000. Alta Fox Capital Management LLC acquired a new stake in Tennant during the 1st quarter worth approximately $73,000. Finally, State of Wyoming acquired a new stake in Tennant during the 2nd quarter worth approximately $73,000. 93.33% of the stock is owned by institutional investors.

Tennant Company Profile

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions.

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