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 Ratio1.11
Current Ratio1.80
Quick Ratio1.22
Price-To-Earnings
Trailing P/E Ratio50.91
Forward P/E Ratio39.13
P/E Growth3.82
Sales & Book Value
Annual Sales$1.00 billion
Price / Sales1.42
Cash Flow$4.1892 per share
Price / Cash18.87
Book Value$16.72 per share
Price / Book4.73
Profitability
EPS (Most Recent Fiscal Year)$1.54
Net Income$-6,190,000.00
Net Margins0.10%
Return on Equity9.27%
Return on Assets2.75%
Miscellaneous
Employees4,300
Outstanding Shares17,980,000
Market Cap$1,389.10
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. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date is Wednesday, May 30th. View Tennant's Dividend History.
How were Tennant's earnings last quarter?
Tennant (NYSE:TNC) released its quarterly earnings data on Monday, April, 23rd. The industrial products company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.15 by $0.12. The industrial products company earned $272.80 million during the quarter, compared to the consensus estimate of $251.93 million. Tennant had a return on equity of 9.27% and a net margin of 0.10%. The company's quarterly revenue was up 42.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.31 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 issued an update on its FY18 earnings guidance on Monday, April, 23rd. The company provided EPS guidance of $1.85-2.05 for the period, compared to the Thomson Reuters consensus estimate of $1.90. The company issued revenue guidance of $1.08-1.11 billion, compared to the consensus revenue estimate of $1.09 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."
Who are some of Tennant's key competitors?
Some companies that are related to Tennant include NSK Ltd/ADR (NPSKY), Leonardo (LDO), GrafTech International (EAF), Flowserve (FLS), IHI Corp/ADR (IHICY), Sonoco Products (SON), NINE DRAGONS PA/ADR (NDGPY), ANDRITZ AG/ADR (ADRZY), Metso Oyj (MXCYY), Berkeley Group (BKG), AGCO (AGCO), Kawasaki Heavy Industries (KWHIY), MSC Industrial Direct (MSM), Graphic Packaging (GPK) and Cimpress (CMPR).
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 stories about TNC stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Tennant earned a news impact score of 0.09 on Accern's scale. They also assigned press coverage about the industrial products company an impact score of 46.07 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Tennant's major shareholders?
Tennant's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Municipal Employees Retirement System of Michigan (0.03%) and Amalgamated Bank (0.02%). 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 institutional investors are selling Tennant stock?
TNC stock was sold by a variety of institutional investors in the last quarter, including 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 institutional investors are buying Tennant stock?
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 $78.65.
How big of a company is Tennant?
Tennant has a market capitalization of $1.39 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 NORTH 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.
