Tennant Company Profile (NYSE:TNC)

About Tennant

Tennant 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: $64.84
  • 50 Day Moving Average: $63.91
  • 200 Day Moving Average: $56.54
  • 52-Week Range: $45.92 - $66.54
  • Trailing P/E Ratio: 36.73
  • Foreward P/E Ratio: 22.36
  • P/E Growth: 1.77
  • Market Cap: $1.14B
  • Outstanding Shares: 17,585,000
  • Beta: 1.07
Profitability:
  • Net Margins: 3.97%
  • Return on Equity: 18.52%
  • Return on Assets: 10.92%
Debt:
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 2.17%
  • Quick Ratio: 1.52%
Additional Links:
Companies Related to Tennant:

Analyst Ratings

Consensus Ratings for Tennant (NYSE:TNC) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $26.14 (59.27% downside)

Analysts' Ratings History for Tennant (NYSE:TNC)
Show:
DateFirmActionRatingPrice TargetDetails
7/29/2016Jefferies GroupBoost 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 9/26/2014 forward)

Earnings

Earnings History for Tennant (NYSE:TNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016        
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 (NYSE:TNC)
Current Year EPS Consensus Estimate: $2.50 EPS
Next Year EPS Consensus Estimate: $2.87 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$0.83$0.80
Q1 20171$0.31$0.31$0.31
Q2 20171$0.91$0.91$0.91
Q3 20171$0.68$0.68$0.68
Q4 20171$0.89$0.89$0.89
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Tennant (NYSE:TNC)
Annual Dividend:$0.80
Dividend Yield:1.25%
Dividend Growth:5.10% (3 Year Average)
Payout Ratio:44.94% (Based on Trailing 12 Months of Earnings)
32.00% (Based on Current Year Consensus EPS Estimate)
27.87% (Based on Next Year Consensus EPS Estimate)
Track Record:44 Years of Consecutive Dividend Growth

Dividend History for Tennant (NYSE:TNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 (NYSE:TNC)
Insider Ownership Percentage: 5.60%
Institutional Ownership Percentage: 86.34%
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 (NYSE:TNC)
DateHeadline
investornewswire.com logoShares Of Tennant Company (NYSE:TNC) Expected To Hit $56 - Investor Newswire (NYSE:TNC)
www.investornewswire.com - September 26 at 10:47 AM
realistinvestor.com logoTennant Company (NYSE:TNC)’s Accounts Payable Is $49.838 (NYSE:TNC)
www.realistinvestor.com - September 23 at 9:29 AM
News Icon14981 Shares of Stock are sold by Tennant Company (TNC) CFO Thomas Paulson - DailyQuint (NYSE:TNC)
dailyquint.com - September 22 at 7:21 PM
realistinvestor.com logoTennant Company (NYSE:TNC)'s Accounts Payable Is $49.838 - RealistInvestor.com (NYSE:TNC)
www.realistinvestor.com - September 22 at 7:21 PM
investorplace.com logo3 Machinery Stocks to Buy Now - Investorplace.com (NYSE:TNC)
investorplace.com - September 7 at 7:50 PM
nasdaq.com logoTennant Expands in Mexico with Dofesa Barrido Acquisition - Nasdaq (NYSE:TNC)
www.nasdaq.com - September 5 at 9:38 AM
finance.yahoo.com logoTennant Expands in Mexico with Dofesa Barrido Acquisition (NYSE:TNC)
finance.yahoo.com - September 5 at 9:38 AM
streetinsider.com logoTennant Co. (TNC) Announces Acquisition of Dofesa Barrido Mecanizado (NYSE:TNC)
www.streetinsider.com - September 2 at 10:49 AM
streetinsider.com logoTennant Co. (TNC) Announces Acquisition of Dofesa Barrido Mecanizado - StreetInsider.com (NYSE:TNC)
www.streetinsider.com - September 1 at 7:42 PM
publicnow.com logoTennant Company Expands in Mexico; Acquires Dofesa, a Long-Time Mexico Distributor of Tennant Equipment (NYSE:TNC)
www.publicnow.com - September 1 at 7:42 PM
nasdaq.com logoTennant Company (TNC) Ex-Dividend Date Scheduled for August 29, 2016 - Nasdaq (NYSE:TNC)
www.nasdaq.com - August 26 at 7:28 PM
realistinvestor.com logoTennant Company (NYSE:TNC) Reports Change of $-9.789 MILLION IN Assets & Liabilities - RealistInvestor.com (NYSE:TNC)
www.realistinvestor.com - August 25 at 8:05 PM
finance.yahoo.com logoZacks Industry Outlook Highlights: Illinois Tool Works, Avery Dennison, Zebra Technologies, Tennant and EnerSys (NYSE:TNC)
finance.yahoo.com - August 24 at 10:52 AM
finance.yahoo.com logoIndustrial Machinery Stock Outlook - Aug. 2016 (NYSE:TNC)
finance.yahoo.com - August 23 at 7:57 PM
businesswire.com logoTennant Company Declares Regular Quarterly Cash Dividend ... - Business Wire (press release) (NYSE:TNC)
www.businesswire.com - August 18 at 8:03 PM
publicnow.com logoTennant Company Declares Regular Quarterly Cash Dividend (NYSE:TNC)
www.publicnow.com - August 17 at 8:08 PM
News IconTennant Company to Present Its Growth Strategy at the Fifth Annual InvestMNt Conference in Minneapolis on August 23 rd (NYSE:TNC)
www.enhancedonlinenews.com - August 16 at 7:55 PM
finance.yahoo.com logoTennant Company to Present Its Growth Strategy at the Fifth Annual InvestMNt Conference in Minneapolis on August 23rd (NYSE:TNC)
finance.yahoo.com - August 16 at 11:09 AM
finance.yahoo.com logoFalling Earnings Estimates Signal Weakness Ahead for Allied Motion (AMOT) (NYSE:TNC)
finance.yahoo.com - August 12 at 11:04 AM
tradecalls.org logoJefferies Maintains Tennant Company to Hold with Price Target $56.00 (NYSE:TNC)
www.tradecalls.org - August 9 at 11:14 AM
finance.yahoo.com logoIllinois Tool Rewards Shareholders with 18% Dividend Hike (NYSE:TNC)
finance.yahoo.com - August 8 at 9:46 AM
finance.yahoo.com logoRBC Bearings (ROLL) Misses Q1 Earnings, Beats Revenues (NYSE:TNC)
finance.yahoo.com - August 5 at 10:53 AM
realistinvestor.com logoTennant Company (NYSE:TNC) Quarterly Accounts Payable At $49.838 Millions - RealistInvestor.com (NYSE:TNC)
www.realistinvestor.com - August 4 at 8:19 PM
finance.yahoo.com logoTENNANT CO Financials (NYSE:TNC)
finance.yahoo.com - August 3 at 8:11 PM
finance.yahoo.com logoZacks.com featured highlights: Facebook, PetMed Express, Outerwall, Tennant and Entegris (NYSE:TNC)
finance.yahoo.com - August 3 at 11:08 AM
capitalcube.com logoETF’s with exposure to Tennant Co. : August 2, 2016 (NYSE:TNC)
www.capitalcube.com - August 2 at 8:12 PM
finance.yahoo.com logoTennant Company to Present Its Growth Strategy at the Jefferies 12th Annual Global Industrials Conference in New York August 9th (NYSE:TNC)
finance.yahoo.com - August 2 at 9:55 AM
finance.yahoo.com logoMoving Average Crossover Alert: Tennant (TNC) (NYSE:TNC)
finance.yahoo.com - August 1 at 7:37 PM
capitalcube.com logoTennant Co. :TNC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 1, 2016 (NYSE:TNC)
www.capitalcube.com - August 1 at 7:37 PM
businesswire.com logoTennant Coatings Expands with Acquisition of Florock ® Brand (NYSE:TNC)
www.businesswire.com - August 1 at 9:54 AM
twst.com logoTennant Company: Tennant Coatings Expands with Acquisition of Florock® Brand (NYSE:TNC)
www.twst.com - August 1 at 9:54 AM
publicnow.com logoTennant Coatings Expands with Acquisition of Florock® Brand (NYSE:TNC)
www.publicnow.com - August 1 at 9:11 AM
fidaily.com logoTennant Company Common Stock (NYSE:TNC) Trading Down – Insiders Are Selling (NYSE:TNC)
www.fidaily.com - July 29 at 10:53 AM
biz.yahoo.com logoTENNANT CO Files SEC form 10-Q, Quarterly Report (NYSE:TNC)
biz.yahoo.com - July 28 at 2:49 PM
fool.com logoTennant Company Returns to Sales Growth (NYSE:TNC)
www.fool.com - July 28 at 10:16 AM
equities.com logoTennant Company (TNC) Jumps 5.59% on July 26 (NYSE:TNC)
www.equities.com - July 27 at 8:16 PM
msn.com logoTennant's (TNC) CEO Chris Killingstad on Q2 2016 Results - Earnings Call Transcript (NYSE:TNC)
www.msn.com - July 27 at 8:16 PM
capitalcube.com logoTennant Co. :TNC-US: Earnings Analysis: Q2, 2016 By the Numbers : July 27, 2016 (NYSE:TNC)
www.capitalcube.com - July 27 at 3:22 PM
investornewswire.com logoIs $54 Price Target Attainable For Tennant Company (NYSE:TNC)? - Investor Newswire (NYSE:TNC)
www.investornewswire.com - July 26 at 8:20 PM
equities.com logoTennant Company (TNC) Jumps 5.59% on July 26 - Equities.com (NYSE:TNC)
www.equities.com - July 26 at 8:20 PM
streetinsider.com logoTennant Co. (TNC) Tops Q2 EPS by 13c; Boosts FY16 Outlook - StreetInsider.com (NYSE:TNC)
www.streetinsider.com - July 26 at 8:20 PM
finance.yahoo.com logoEdited Transcript of TNC earnings conference call or presentation 26-Jul-16 3:00pm GMT (NYSE:TNC)
finance.yahoo.com - July 26 at 3:23 PM
feeds.reuters.com logoBRIEF-Tennant Co reports Q2 earnings of $0.85/share (NYSE:TNC)
feeds.reuters.com - July 26 at 9:40 AM
publicnow.com logoTennant Company Reports 2016 Second Quarter Results (NYSE:TNC)
www.publicnow.com - July 26 at 8:58 AM
biz.yahoo.com logoTENNANT CO Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:TNC)
biz.yahoo.com - July 26 at 8:55 AM
sg.finance.yahoo.com logoTennant tops Street 2Q forecasts (NYSE:TNC)
sg.finance.yahoo.com - July 26 at 8:54 AM
investing.com logoIs A Surprise Coming For Tennant Company (TNC) This Earnings Season? - Investing.com (NYSE:TNC)
www.investing.com - July 23 at 7:09 PM
nasdaq.com logoIs a Surprise Coming for Tennant Company (TNC) This Earnings Season? - Nasdaq (NYSE:TNC)
www.nasdaq.com - July 22 at 10:47 AM
finance.yahoo.com logoIs a Surprise Coming for Tennant Company (TNC) This Earnings Season? (NYSE:TNC)
finance.yahoo.com - July 22 at 8:54 AM
News IconHow Analysts Rated Tennant Company (NYSE:TNC) Last Week? - Consumer Eagle (NYSE:TNC)
www.consumereagle.com - July 20 at 8:53 PM

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Tennant (NYSE:TNC) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff