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Tennant Stock Price, Forecast & Analysis (NYSE:TNC)

$75.00
-0.91 (-1.20 %)
(As of 11/17/2019 04:00 PM ET)
Today's Range
$74.72
Now: $75.00
$76.52
50-Day Range
$66.94
MA: $71.96
$79.04
52-Week Range
$48.97
Now: $75.00
$79.63
Volume72,483 shs
Average Volume92,067 shs
Market Capitalization$1.37 billion
P/E Ratio34.40
Dividend Yield1.16%
Beta1.23
Tennant Company designs, manufactures, and markets floor cleaning equipment worldwide. The company offers a suite of products, including floor maintenance and outdoor cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, specialty surface coatings, and asset management solutions. Read More…

Industry, Sector and Symbol

Industry Refrigeration & service industry machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP88034510
Phone763-540-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.12 billion
Cash Flow$5.29 per share
Book Value$18.60 per share

Profitability

Net Income$33.41 million

Miscellaneous

Employees4,300
Market Cap$1.37 billion
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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Tennant (NYSE:TNC) Frequently Asked Questions

What is Tennant's stock symbol?

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

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

Tennant announced a quarterly dividend on Tuesday, November 12th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.22 per share on Monday, December 16th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Wednesday, November 27th. View Tennant's Dividend History.

How were Tennant's earnings last quarter?

Tennant (NYSE:TNC) released its earnings results on Wednesday, October, 30th. The industrial products company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.45 by $0.18. The industrial products company earned $280.70 million during the quarter, compared to analysts' expectations of $285.90 million. Tennant had a return on equity of 15.75% and a net margin of 3.77%. The company's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 earnings per share. View Tennant's Earnings History.

When is Tennant's next earnings date?

Tennant is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Tennant.

What guidance has Tennant issued on next quarter's earnings?

Tennant updated its FY19 earnings guidance on Wednesday, October, 30th. The company provided earnings per share (EPS) guidance of $2.80-2.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.72. The company issued revenue guidance of $1.135-1.45 billion, compared to the consensus revenue estimate of $1.15 billion.

Has Tennant been receiving favorable news coverage?

Media stories about TNC stock have been trending somewhat negative recently, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tennant earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Tennant.

Are investors shorting Tennant?

Tennant saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 496,600 shares, a decline of 32.1% from the September 30th total of 731,600 shares. Based on an average daily trading volume, of 78,000 shares, the short-interest ratio is presently 6.4 days. Approximately 2.8% of the shares of the stock are short sold. View Tennant's Current Options Chain.

Who are some of Tennant's key competitors?

What other stocks do shareholders of Tennant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tennant investors own include Medtronic (MDT), Exxon Mobil (XOM), PepsiCo (PEP), AFLAC (AFL), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Lowe's Companies (LOW), MCCORMICK & CO /SH (MKC), 3M (MMM) and Sherwin-Williams (SHW).

Who are Tennant's key executives?

Tennant's management team includes the folowing people:
  • Mr. H. Chris Killingstad, Pres, CEO & Director (Age 63)
  • Mr. David W. Huml, Sr. VP of EMEA, APAC, Global Marketing & Operations (Age 50)
  • Mr. Richard H. Zay, Sr. VP of the Americas and R&D (Age 48)
  • Mr. Keith A. Woodward, Sr. VP & CFO (Age 54)
  • Mr. Michael W. Schaefer, CTO, Sr. VP of Engineering and R&D (Age 58)

Who are Tennant's major shareholders?

Tennant's stock is owned by many different of institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (1.89%), Gabelli Funds LLC (1.36%), Boston Trust Walden Corp (0.87%), Russell Investments Group Ltd. (0.42%), Rhumbline Advisers (0.31%) and Prentiss Smith & Co. Inc. (0.29%). Company insiders that own Tennant stock include Carol S Eicher, Chris Killingstad, David S Wichmann, David W Huml, Donal L Mulligan, Richard H Zay, Steven Alan Sonnenberg and Thomas Paulson. View Institutional Ownership Trends for Tennant.

Which institutional investors are selling Tennant stock?

TNC stock was sold by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, Gamco Investors INC. ET AL, Teton Advisors Inc., SFE Investment Counsel and Prentiss Smith & Co. Inc.. Company insiders that have sold Tennant company stock in the last year include Carol S Eicher, Chris Killingstad, David S Wichmann, Donal L Mulligan, Richard H Zay and Steven Alan Sonnenberg. View Insider Buying and Selling for Tennant.

Which institutional investors are buying Tennant stock?

TNC stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., SG Capital Management LLC, California Public Employees Retirement System, Boston Trust Walden Corp, State of Alaska Department of Revenue, Commonwealth Equity Services LLC, Everence Capital Management Inc. and First Trust Advisors LP. View Insider Buying and Selling for Tennant.

How do I buy shares of Tennant?

Shares of TNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Tennant's stock price today?

One share of TNC stock can currently be purchased for approximately $75.00.

How big of a company is Tennant?

Tennant has a market capitalization of $1.37 billion and generates $1.12 billion in revenue each year. The industrial products company earns $33.41 million in net income (profit) each year or $2.18 on an earnings per share basis. Tennant employs 4,300 workers across the globe.View Additional Information About Tennant.

What is Tennant's official website?

The official website for Tennant is http://www.tennantco.com/.

How can I contact Tennant?

Tennant's mailing address is 701 N LILAC DRIVE PO BOX 1452, MINNEAPOLIS MN, 55440. The industrial products company can be reached via phone at 763-540-1200 or via email at [email protected]


MarketBeat Community Rating for Tennant (NYSE TNC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  284 (Vote Outperform)
Underperform Votes:  376 (Vote Underperform)
Total Votes:  660
MarketBeat's community ratings are surveys of what our community members think about Tennant and other stocks. Vote "Outperform" if you believe TNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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