Tennant Company Company Profile (NYSE:TNC)

About Tennant Company

Tennant Company logoTennant Company (Tennant) is engaged in designing, manufacturing and marketing cleaning solutions. The Company is organized into four operating segments: North America; Latin America; Europe, Middle East, Africa, and Asia Pacific. The Company offers products and solutions consisting of mechanized cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions, such as financing, rental and leasing programs, and machine-to-machine asset management solutions. Its other products include floor maintenance and outdoor cleaning equipment, and asset management solutions. Tennant products are used in various types of environments, including retail establishments, distribution centers, factories and warehouses, public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, and parking lots and streets.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Diversified Machinery
  • Sub-Industry: Industrial Machinery
  • Exchange: NYSE
  • Symbol: TNC
  • CUSIP: 88034510
Key Metrics:
  • Previous Close: $73.20
  • 50 Day Moving Average: $69.50
  • 200 Day Moving Average: $67.76
  • 52-Week Range: $45.92 - $76.80
  • Trailing P/E Ratio: 28.26
  • Foreward P/E Ratio: 26.62
  • P/E Growth: 1.87
  • Market Cap: $1.28B
  • Outstanding Shares: 17,542,000
  • Beta: 1.04
Profitability:
  • Net Margins: 5.54%
  • Return on Equity: 17.78%
  • Return on Assets: 10.65%
Debt:
  • Debt-to-Equity Ratio: 0.12%
  • Current Ratio: 2.29%
  • Quick Ratio: 1.58%
Additional Links:
Companies Related to Tennant Company:

Analyst Ratings

Consensus Ratings for Tennant Company (NYSE:TNC) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $56.00 (23.50% downside)

Analysts' Ratings History for Tennant Company (NYSE:TNC)
Show:
DateFirmActionRatingPrice TargetDetails
2/15/2017Canaccord GenuityDowngradeBuy -> HoldView Rating Details
7/29/2016Jefferies Group LLCBoost Price TargetHold$54.00 -> $56.00View Rating Details
7/7/2016National Bank FinancialDowngradeOutperform -> Sector PerformView Rating Details
2/26/2016Dougherty & CoDowngradeBuy -> NeutralView Rating Details
2/4/2016Pi FinancialLower Price TargetBuyC$3.00 -> C$2.95View Rating Details
12/18/2015Paradigm CapitalBoost Price TargetBuyC$2.25 -> C$2.50View Rating Details
(Data available from 2/28/2015 forward)

Earnings

Earnings History for Tennant Company (NYSE:TNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
2/23/2017Q416$0.76$0.85$213.61 million$211.70 millionViewN/AView Earnings Details
10/25/2016Q316$0.62$0.64$203.15 million$200.10 millionViewListenView Earnings Details
7/26/2016Q216$0.72$0.85$210.61 million$216.80 millionViewListenView Earnings Details
4/25/2016Q116$0.25$0.25$180.93 million$179.90 millionViewListenView Earnings Details
2/23/2016Q415$0.80$0.78$213.65 million$205.90 millionViewListenView Earnings Details
10/27/2015Q315$0.58$0.68$204.80 million$204.80 millionViewListenView Earnings Details
7/23/2015Q215$0.68$0.79$217.00 million$215.40 millionViewListenView Earnings Details
4/27/2015Q115$0.25$0.27$185.50 million$185.70 millionViewN/AView Earnings Details
2/24/2015Q414$0.83$0.93$210.03 million$216.30 millionViewN/AView Earnings Details
10/23/2014Q314$0.69$0.63$199.90 million$202.64 millionViewListenView Earnings Details
7/24/2014Q214$0.76$0.83$207.33 million$219.10 millionViewN/AView Earnings Details
4/21/2014Q114$0.31$0.31$173.61 million$184.00 millionViewN/AView Earnings Details
2/25/2014Q413$0.71$0.65$198.10 million$195.10 millionViewN/AView Earnings Details
10/23/2013Q313$0.55$0.56$186.83 million$188.50 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.72$0.76$197.07 million$200.20 millionViewN/AView Earnings Details
4/22/2013Q1 2013$0.36$0.29$174.70 million$168.10 millionViewListenView Earnings Details
2/19/2013Q4 2012$0.58$0.62$189.10 million$187.50 millionViewListenView Earnings Details
10/24/2012$0.63$0.47ViewN/AView Earnings Details
7/26/2012$0.62$0.71ViewN/AView Earnings Details
4/23/2012$0.39$0.28ViewN/AView Earnings Details
2/21/2012$0.57$0.59ViewN/AView Earnings Details
10/25/2011$0.51$0.52ViewN/AView Earnings Details
7/28/2011$0.47$0.56ViewN/AView Earnings Details
4/21/2011$0.30$0.30ViewN/AView Earnings Details
2/22/2011$0.40$0.40ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tennant Company (NYSE:TNC)
Current Year EPS Consensus Estimate: $2.67 EPS
Next Year EPS Consensus Estimate: $2.75 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.25$0.31$0.28
Q2 20164$0.63$0.88$0.78
Q3 20162$0.57$0.67$0.62
Q4 20162$0.76$0.77$0.77
Q1 20172$0.24$0.39$0.32
Q2 20172$0.87$0.92$0.90
Q3 20172$0.69$0.72$0.71
Q4 20172$0.77$0.81$0.79
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Tennant Company (NYSE:TNC)
Annual Dividend:$0.84
Dividend Yield:1.15%
Dividend Growth:-5.40% (3 Year Average)
Payout Ratio:34.01% (Based on Trailing 12 Months of Earnings)
31.46% (Based on Current Year Consensus EPS Estimate)
30.55% (Based on Next Year Consensus EPS Estimate)
Track Record:45 Years of Consecutive Dividend Growth

Dividend History for Tennant Company (NYSE:TNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/16/2017quarterly$0.211.18%2/28/20173/2/20173/15/2017
11/1/2016quarterly$0.211.34%11/28/201611/30/201612/15/2016
8/18/2016quarterly$0.201.28%8/29/20168/31/20169/15/2016
4/28/2016quarterly$0.201.48%5/26/20165/31/20166/15/2016
2/18/2016quarterly$0.201.48%2/25/20162/29/20163/15/2016
11/10/2015quarterly$0.201.34%11/25/201511/30/201512/15/2015
8/20/2015quarterly$0.201.37%8/27/20158/31/20159/15/2015
4/30/2015quarterly$0.201.24%5/27/20155/29/20156/15/2015
2/19/2015quarterly$0.201.17%2/26/20153/2/20153/16/2015
11/10/2014quarterly$0.201.08%11/25/201411/28/201412/15/2014
8/20/2014quarterly$0.201.11%8/28/20149/2/20149/15/2014
4/23/2014quarterly$0.201.27%5/28/20145/30/20146/16/2014
2/19/2014quarterly$0.181.12%2/27/20143/3/20143/17/2014
11/11/2013quarterly$0.181.19%11/26/201311/29/201312/16/2013
8/15/2013quarterly$0.181.33%8/28/20138/30/20139/16/2013
4/24/2013quarterly$0.181.53%5/29/20135/31/20136/17/2013
2/13/2013quarterly$0.181.52%2/26/20132/28/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Tennant Company (NYSE:TNC)
Insider Ownership Percentage: 5.60%
Institutional Ownership Percentage: 88.32%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/2/2016Heidi M WilsonSVPSell12,158$63.68$774,221.44View SEC Filing  
7/26/2016Thomas PaulsonCFOSell15,304$62.00$948,848.00View SEC Filing  
6/8/2016Thomas PaulsonCFOSell14,981$56.00$838,936.00View SEC Filing  
4/28/2016Heidi M WilsonSVPSell2,000$54.40$108,800.00View SEC Filing  
4/26/2016Thomas PaulsonCFOSell118$56.00$6,608.00View SEC Filing  
12/21/2015Thomas PaulsonCFOSell15,000$55.99$839,850.00View SEC Filing  
11/20/2015Heidi M. WilsonSVPSell5,126$61.63$315,915.38View SEC Filing  
7/23/2015Derek LaiInsiderSell15,000$1.20$18,000.00
7/20/2015Fund Ii L.P. Inter-AtlanticInsiderSell515,300$1.20$618,360.00
3/5/2015Heidi M WilsonSVPSell3,000$64.60$193,800.00View SEC Filing  
3/4/2015Steven Alan SonnenbergDirectorSell3,484$64.88$226,041.92View SEC Filing  
7/29/2014Chris KillingstadCEOSell4,986$75.95$378,686.70View SEC Filing  
7/29/2014Heidi M WilsonSVPSell5,000$75.61$378,050.00View SEC Filing  
5/21/2014Richard ZaySVPSell1,800$63.00$113,400.00View SEC Filing  
12/9/2013Michael SchaeferSVPSell5,939$64.78$384,728.42View SEC Filing  
11/21/2013Richard ZaySVPSell10,366$61.50$637,509.00View SEC Filing  
11/18/2013Thomas DybskySVPSell21,313$61.13$1,302,863.69View SEC Filing  
11/14/2013Heidi WilsonSVPSell5,000$61.44$307,200.00View SEC Filing  
10/29/2013Andrew J EckertSVPSell10,112$60.52$611,978.24View SEC Filing  
9/10/2013Chris KillingstadCEOSell39,100$54.88$2,145,808.00View SEC Filing  
8/26/2013Chris KillingstadCEOSell83,100$54.91$4,563,021.00View SEC Filing  
8/1/2013Heidi M WilsonVPSell5,182$52.08$269,878.56View SEC Filing  
7/9/2013Thomas DybskyVPSell4,700$51.88$243,836.00View SEC Filing  
5/21/2013Heidi M WilsonVPSell5,000$50.84$254,200.00View SEC Filing  
5/17/2013Thomas DybskyVPSell2,080$51.00$106,080.00View SEC Filing  
5/14/2013Andrew J EckertVPSell6,801$50.16$341,138.16View SEC Filing  
5/10/2013Andrew J EckertVPSell4,221$50.01$211,092.21View SEC Filing  
4/10/2013Thomas DybskyVPSell1,377$47.88$65,930.76View SEC Filing  
2/26/2013Andrew J EckertVPSell11,107$46.18$512,921.26View SEC Filing  
2/25/2013Thomas DybskyVPSell11,000$47.50$522,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Tennant Company (NYSE:TNC)
DateHeadline
capitalcube.com logoTennant Co. :TNC-US: Earnings Analysis: Q4, 2016 By the Numbers : February 27, 2017 (NYSE:TNC)
www.capitalcube.com - February 27 at 5:05 PM
News IconTennant Company to buy PE-backed Ambienta for about $350 mln (NYSE:TNC)
www.pehub.com - February 25 at 7:48 PM
streetinsider.com logoTennant Co. (TNC) to Acquire IPC Group from Ambienta for ~$350M (NYSE:TNC)
www.streetinsider.com - February 25 at 7:48 PM
seekingalpha.com logoTennant Company's (TNC) CEO Chris Killingstad on Q4 2016 Results - Earnings Call Transcript (NYSE:TNC)
seekingalpha.com - February 25 at 7:48 PM
capitalcube.com logoTennant Co. :TNC-US: Earnings Analysis: 2016 By the Numbers : February 24, 2017 (NYSE:TNC)
www.capitalcube.com - February 25 at 3:46 AM
biz.yahoo.com logoTENNANT CO Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:TNC)
us.rd.yahoo.com - February 24 at 11:23 AM
finance.yahoo.com logoEdited Transcript of TNC earnings conference call or presentation 23-Feb-17 4:00pm GMT (NYSE:TNC)
finance.yahoo.com - February 24 at 11:22 AM
biz.yahoo.com logoQ4 2016 Tennant Co Earnings Release - Before Market Open (NYSE:TNC)
us.rd.yahoo.com - February 23 at 10:11 PM
us.rd.yahoo.com logo8:45 am Tennant to acquire IPC Group for $350 mln in cash; TNC expects FY18 earnings accretion (NYSE:TNC)
us.rd.yahoo.com - February 23 at 10:11 PM
uk.finance.yahoo.com logoTennant Company Announces Agreement With Ambienta to Acquire IPC Group (NYSE:TNC)
us.rd.yahoo.com - February 23 at 10:11 PM
us.rd.yahoo.com logoTennant Company Reports 2016 Fourth Quarter and Full Year Results (NYSE:TNC)
us.rd.yahoo.com - February 23 at 10:11 PM
sg.finance.yahoo.com logoTennant tops 4Q profit forecasts (NYSE:TNC)
sg.finance.yahoo.com - February 23 at 10:11 PM
fool.com logoTennant Company Announces Restructuring Plan as Growth Remains Sluggish (NYSE:TNC)
www.fool.com - February 23 at 10:11 PM
bizjournals.com logoTennant buying Italian cleaning equipment maker in its biggest deal ever (NYSE:TNC)
www.bizjournals.com - February 23 at 10:11 PM
finance.yahoo.com logoMachinery Stocks' Q4 Earnings on Feb 23: ZBRA, TNC & More (NYSE:TNC)
finance.yahoo.com - February 22 at 10:21 AM
finance.yahoo.com logoTennant Company Declares Regular Quarterly Cash Dividend (NYSE:TNC)
finance.yahoo.com - February 16 at 8:06 PM
finance.yahoo.com logoTennant Company Launches New Family of Walk-Behind Scrubbers and Enhanced Web-Based Fleet Management System (NYSE:TNC)
finance.yahoo.com - February 15 at 6:30 AM
uk.finance.yahoo.com logoTennant Announces Exclusive Agreement to Distribute i-mop in North America (NYSE:TNC)
uk.finance.yahoo.com - February 14 at 6:35 AM
uk.finance.yahoo.com logoTennant Announces Exclusive Agreement to Distribute i-mop in North America (NYSE:TNC)
uk.finance.yahoo.com - February 14 at 6:35 AM
finance.yahoo.com logoTennant Company to Webcast Fourth Quarter Conference Call (NYSE:TNC)
finance.yahoo.com - February 10 at 6:09 AM
capitalcube.com logoTennant Co. : TNC-US: Dividend Analysis : November 30th, 2016 (record date) : By the numbers : January 25, 2017 (NYSE:TNC)
www.capitalcube.com - January 26 at 6:23 AM
4-traders.com logoTennant : Florock Floor Coatings Manufacturer Celebrates 65th Anniversary (NYSE:TNC)
www.4-traders.com - January 12 at 5:31 AM
finance.yahoo.com logoTennant Company Selects TransPerfect's GlobalLink Technology To Support Global Operations (NYSE:TNC)
finance.yahoo.com - January 12 at 5:31 AM
finance.yahoo.com logoTennant Company Senior Vice President, General Counsel Heidi Wilson Announces Retirement (NYSE:TNC)
finance.yahoo.com - January 11 at 6:43 AM
biz.yahoo.com logoTENNANT CO Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:TNC)
biz.yahoo.com - January 11 at 6:43 AM
News IconTennant Company (NYSE:TNC) Broker Price Targets For The Coming Week (NYSE:TNC)
alltheinternetofthings.com - January 6 at 6:13 AM
finance.yahoo.com logoTennant Company to Present Its Growth Strategy at 19th Annual Needham Growth Conference Jan. 10, 2017 (NYSE:TNC)
finance.yahoo.com - January 3 at 9:15 AM
insidermonkey.com logoShould You Add Tennant Company (TNC) To Your Portfolio? (NYSE:TNC)
www.insidermonkey.com - December 17 at 4:01 AM
capitalcube.com logoETFs with exposure to Tennant Co. : December 14, 2016 (NYSE:TNC)
www.capitalcube.com - December 15 at 6:44 AM
insidermonkey.com logoIs Astronics Corporation (ATRO) Going to Burn These Hedge Funds? (NYSE:TNC)
www.insidermonkey.com - December 12 at 3:31 PM
News IconTennant Company (NYSE:TNC) Receives An Update From Brokers (NYSE:TNC)
alltheinternetofthings.com - December 9 at 8:12 PM
News IconCompany Spotlight on Shares of Tennant Company (NYSE:TNC ... - Wall Street Beacon (NYSE:TNC)
wsbeacon.com - November 29 at 10:58 AM
News IconStock Spotlight: Looking at the Levels for Tennant Company (NYSE:TNC) - Marion Business Daily (NYSE:TNC)
marionbusinessdaily.com - November 25 at 7:42 PM
nasdaq.com logoTennant Company (TNC) Ex-Dividend Date Scheduled for ... - Nasdaq - Nasdaq (NYSE:TNC)
www.nasdaq.com - November 25 at 7:41 PM
News IconVC Score In Focus for Tennant Company (NYSE:TNC) - Marion Business Daily (NYSE:TNC)
marionbusinessdaily.com - November 23 at 8:06 PM
capitalcube.com logoETFs with exposure to Tennant Co. : November 18, 2016 (NYSE:TNC)
www.capitalcube.com - November 18 at 7:32 PM
News IconNoteworthy Short Interest Filing: Tennant Company 4 (NYSE:TNC) on Focus After Report of More ... (NYSE:TNC)
alltheinternetofthings.com - November 18 at 11:23 AM
News IconUpdate on Valuation Formula's For Tennant Company (NYSE:TNC) - Marion Business Daily (NYSE:TNC)
marionbusinessdaily.com - November 17 at 12:25 PM
capitalcube.com logoTennant Co. :TNC-US: Earnings Analysis: Q3, 2016 By the Numbers : November 17, 2016 (NYSE:TNC)
www.capitalcube.com - November 17 at 12:24 PM
News IconUpdate on Valuation Formula's For Tennant Company (NYSE:TNC) - Wall Street Lion (NYSE:TNC)
wslnews.com - November 16 at 8:11 PM
News IconChecking the Levels on Shares of Tennant Company (NYSE:TNC) - Marion Business Daily (NYSE:TNC)
marionbusinessdaily.com - November 15 at 8:44 PM
News IconInsiders Don’t Lie: Thomas Paulson, Tennant Company (NYSE:TNC)’s insider Unloaded 15,000 Shares (NYSE:TNC)
www.whatsonthorold.com - November 11 at 7:42 PM
News IconInsiders Don't Lie: Thomas Paulson, Tennant Company (NYSE:TNC ... - Thorold News (NYSE:TNC)
www.whatsonthorold.com - November 10 at 7:56 PM
News IconCurrent Price Targets For Tennant Company (NYSE:TNC) (NYSE:TNC)
alltheinternetofthings.com - November 8 at 7:52 PM
capitalcube.com logoTennant Co. breached its 50 day moving average in a Bullish Manner : TNC-US : November 4, 2016 (NYSE:TNC)
www.capitalcube.com - November 4 at 11:58 AM
realistinvestor.com logoTennant Company (NYSE:TNC) Accounts Payable At $44.997 (NYSE:TNC)
www.realistinvestor.com - November 3 at 7:56 PM
finance.yahoo.com logoTENNANT CO Financials (NYSE:TNC)
finance.yahoo.com - November 3 at 7:56 PM
News IconTennant Company to Present its Growth Strategy at Bairds 46th Annual Global Industrial Conference in Chicago November 8 (NYSE:TNC)
www.broadcastnewsroom.com - November 2 at 11:40 AM
marketwatch.com logoTennant Company Board Authorizes 5 Percent Quarterly Dividend Increase and Repurchase of Additional One Million Shares (NYSE:TNC)
www.marketwatch.com - November 2 at 11:40 AM
streetinsider.com logoTennant Co. (TNC) Raises Quarterly Dividend 5% to $0.21 and Approves Additional 1M Share Buyback (NYSE:TNC)
www.streetinsider.com - November 2 at 11:40 AM

Social

What is Tennant Company's stock symbol?

Tennant Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNC."

How often does Tennant Company pay dividends? What is the dividend yield for Tennant Company?

Tennant Company announced a quarterly dividend on Thursday, February 16th. Shareholders of record on Thursday, March 2nd will be paid a dividend of $0.21 per share on Wednesday, March 15th. This represents a $0.84 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Tuesday, February 28th.

Where is Tennant Company's stock going? Where will Tennant Company's stock price be in 2017?

3 brokerages have issued 12-month price objectives for Tennant Company's shares. Their predictions range from $56.00 to $56.00. On average, they anticipate Tennant Company's stock price to reach $56.00 in the next year.

When will Tennant Company announce their earnings?

Tennant Company is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns Tennant Company stock?

Tennant Company's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Arrowpoint Asset Management LLC (7.15%), Royce & Associates LP (6.98%), Dimensional Fund Advisors LP (3.45%), State Street Corp (2.24%), Gamco Investors INC. ET AL (2.20%) and Gabelli Funds LLC (1.59%). Company insiders that own Tennant Company stock include Derek Lai, Fund Ii LP Inter-Atlantic, Heidi M Wilson, Steven Alan Sonnenberg and Thomas Paulson.

Who sold Tennant Company stock? Who is selling Tennant Company stock?

Tennant Company's stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Royce & Associates LP, Renaissance Technologies LLC, RidgeWorth Capital Management LLC, Gabelli Funds LLC, Gamco Investors INC. ET AL, AQR Capital Management LLC and Barrow Hanley Mewhinney & Strauss LLC. Company insiders that have sold Tennant Company stock in the last year include Heidi M Wilson and Thomas Paulson.

Who bought Tennant Company stock? Who is buying Tennant Company stock?

Tennant Company's stock was bought by a variety of institutional investors in the last quarter, including Arrowpoint Asset Management LLC, State Street Corp, Wexford Capital LP, GSA Capital Partners LLP, Dimensional Fund Advisors LP, Menta Capital LLC, Comerica Bank and Van ECK Associates Corp.

How do I buy Tennant Company stock?

Shares of Tennant Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Tennant Company stock cost?

One share of Tennant Company stock can currently be purchased for approximately $73.20.

Tennant Company (NYSE:TNC) Chart for Tuesday, February, 28, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Tennant Company (NYSE:TNC)

Earnings History Chart

Earnings by Quarter for Tennant Company (NYSE:TNC)

Dividend History Chart

Dividend Payments by Quarter for Tennant Company (NYSE:TNC)

Last Updated on 2/28/2017 by MarketBeat.com Staff