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NYSE:TNC - Tennant Stock Price, Forecast & News

$78.59
-0.64 (-0.81 %)
(As of 12/10/2019 02:21 AM ET)
Today's Range
$78.06
Now: $78.59
$78.99
50-Day Range
$68.98
MA: $75.01
$79.23
52-Week Range
$48.97
Now: $78.59
$80.44
Volume83,329 shs
Average Volume76,105 shs
Market Capitalization$1.44 billion
P/E Ratio36.05
Dividend Yield1.11%
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$5.31 per share
Book Value$17.45 per share

Profitability

Net Income$33.41 million

Miscellaneous

Employees4,300
Market Cap$1.44 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 declared a quarterly dividend on Tuesday, November 12th. Shareholders 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 annualized dividend and a yield of 1.12%. 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) announced its earnings results on Wednesday, October, 30th. The industrial products company reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.18. The industrial products company had revenue of $280.70 million for the quarter, compared to the consensus estimate of $285.90 million. Tennant had a net margin of 3.77% and a return on equity of 15.75%. The company's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.54 EPS. 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 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.

What is the consensus analysts' recommendation for Tennant?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tennant in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tennant.

Has Tennant been receiving favorable news coverage?

Press coverage about TNC stock has trended negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tennant earned a coverage optimism score of -2.4 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Tennant.

Are investors shorting Tennant?

Tennant saw a decrease in short interest in November. As of November 15th, there was short interest totalling 496,600 shares, a decrease of 32.1% from the October 31st total of 731,600 shares. Based on an average trading volume of 78,000 shares, the short-interest ratio is currently 6.4 days. Approximately 2.8% of the company's stock are sold short. 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 retail and institutional investors. Top institutional investors include State Street Corp (2.90%), Gamco Investors INC. ET AL (1.89%), Gabelli Funds LLC (1.36%), Charles Schwab Trust Co (1.01%), Voya Investment Management LLC (0.97%) and Boston Trust Walden Corp (0.87%). 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, Barclays PLC, Squarepoint Ops LLC, Voya Investment Management 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, David W Huml, 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 bought by a variety of institutional investors in the last quarter, including Charles Schwab Trust Co, Russell Investments Group Ltd., SG Capital Management LLC, California Public Employees Retirement System, Boston Trust Walden Corp, Ancora Advisors LLC, State Street Corp and State of Alaska Department of Revenue. 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 $78.59.

How big of a company is Tennant?

Tennant has a market capitalization of $1.44 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:  288 (Vote Outperform)
Underperform Votes:  378 (Vote Underperform)
Total Votes:  666
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 12/10/2019 by MarketBeat.com Staff

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