Tennant Company designs, manufactures, and markets floor cleaning equipment. It 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. The company also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. The company markets its products to contract cleaners, businesses, and various governmental entities through direct sales and service organization, as well as through a network of authorized distributors under the Tennant, Nobles, Green Machines, Alfa Uma Empresa Tennant, IRIS, Superior Anodes, Waterstar, and Orbio brands worldwide. Tennant Company was founded in 1870 and is headquartered in Minneapolis, Minnesota.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Refrigeration & service industry machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:TNC
CUSIP88034510
Phone763-540-1200
Debt
Debt-to-Equity Ratio1.09
Current Ratio1.81
Quick Ratio1.25
Price-To-Earnings
Trailing P/E Ratio49.55
Forward P/E Ratio36.67
P/E Growth3.77
Sales & Book Value
Annual Sales$1.00 billion
Price / Sales1.37
Cash Flow$3.9884 per share
Price / Cash19.03
Book Value$16.72 per share
Price / Book4.54
Profitability
EPS (Most Recent Fiscal Year)$1.54
Net Income$-6,190,000.00
Net Margins1.48%
Return on Equity10.65%
Return on Assets3.21%
Miscellaneous
Employees4,300
Outstanding Shares18,070,000
Market Cap$1.41 billion
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 Wednesday, April 25th. Investors of record on Thursday, May 31st will be paid a dividend of $0.21 per share on Friday, June 15th. This represents a $0.84 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Wednesday, May 30th. View Tennant's Dividend History.
How were Tennant's earnings last quarter?
Tennant (NYSE:TNC) posted its quarterly earnings results on Wednesday, July, 25th. The industrial products company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.53 by $0.29. The industrial products company earned $292.20 million during the quarter, compared to analyst estimates of $281.03 million. Tennant had a net margin of 1.48% and a return on equity of 10.65%. The company's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.60 earnings per share. View Tennant's Earnings History.
When is Tennant's next earnings date?
What guidance has Tennant issued on next quarter's earnings?
Tennant updated its FY18 earnings guidance on Wednesday, July, 25th. The company provided EPS guidance of $1.95-2.10 for the period, compared to the Thomson Reuters consensus estimate of $2.00. The company issued revenue guidance of $1.1-1.2 billion, compared to the consensus revenue estimate of $1.11 billion.
What is the consensus analysts' recommendation for Tennant?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tennant in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tennant.
Who are some of Tennant's key competitors?
Some companies that are related to Tennant include Sonoco Products (SON), IHI Corp/ADR (IHICY), Leonardo (LDO), NINE DRAGONS PA/ADR (NDGPY), Metso Oyj (MXCYY), ANDRITZ AG/ADR (ADRZY), Berkeley Group (BKG), G4S/ADR (GFSZY), MSC Industrial Direct (MSM), Kawasaki Heavy Industries (KWHIY), AGCO (AGCO), Bemis (BMS), Cimpress (CMPR), Graphic Packaging (GPK) and Weir Group (WEIR).
Who are Tennant's key executives?
Tennant's management team includes the folowing people:
- Mr. H. Chris Killingstad, Pres, CEO & Director (Age 62)
- Mr. Thomas Paulson, Sr. VP & CFO (Age 62)
- Mr. Jeffrey C. Moorefield, Sr. VP of Global Operations (Age 54)
- Mr. David W. Huml, Sr. VP of EMEA, APAC & Global Marketing (Age 49)
- Mr. Richard H. Zay, Sr. VP of the Americas (Age 47)
Has Tennant been receiving favorable news coverage?
Media headlines about TNC stock have trended somewhat positive on Thursday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tennant earned a coverage optimism score of 0.01 on Accern's scale. They also gave media headlines about the industrial products company an impact score of 46.88 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Tennant.
Who are Tennant's major shareholders?
Tennant's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.59%), Royce & Associates LP (4.01%), Dimensional Fund Advisors LP (3.43%), Bank of New York Mellon Corp (3.19%), Gamco Investors INC. ET AL (2.11%) and US Bancorp DE (1.27%). Company insiders that own Tennant stock include Carol S Eicher, Chris Killingstad, David W Huml, Heidi M Wilson, Richard H Zay, Steven Alan Sonnenberg and Thomas Paulson. View Institutional Ownership Trends for Tennant.
Which major investors are selling Tennant stock?
TNC stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, US Bancorp DE, Reynders McVeigh Capital Management LLC, Gamco Investors INC. ET AL, Engineers Gate Manager LP, Dimensional Fund Advisors LP, Bank of New York Mellon Corp and Municipal Employees Retirement System of Michigan. Company insiders that have sold Tennant company stock in the last year include Chris Killingstad, David W Huml, Richard H Zay and Thomas Paulson. View Insider Buying and Selling for Tennant.
Which major investors are buying Tennant stock?
TNC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BTIM Corp., Citadel Advisors LLC, Schwab Charles Investment Management Inc., Granahan Investment Management Inc. MA, SG Americas Securities LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS and Vident Investment Advisory LLC. 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, Scottrade, Fidelity and Charles Schwab.
What is Tennant's stock price today?
One share of TNC stock can currently be purchased for approximately $75.90.
How big of a company is Tennant?
Tennant has a market capitalization of $1.41 billion and generates $1.00 billion in revenue each year. The industrial products company earns $-6,190,000.00 in net income (profit) each year or $1.54 on an earnings per share basis. Tennant employs 4,300 workers across the globe.
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)
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.
