NYSE:TNC - Tennant Stock Price, News, & Analysis

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$64.52 +0.43 (+0.67 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$64.52
Today's Range$63.98 - $64.92
52-Week Range$48.97 - $86.03
Volume54,478 shs
Average Volume76,759 shs
Market Capitalization$1.17 billion
P/E Ratio29.53
Dividend Yield1.37%
Beta1.07
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.

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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$5.3856 per share
Book Value$17.45 per share

Profitability

Net Income$-6,190,000.00

Miscellaneous

Employees4,300
Market Cap$1.17 billion
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable

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 Friday, February 15th. Stockholders of record on Thursday, February 28th will be given a dividend of $0.22 per share on Friday, March 15th. This represents a $0.88 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Wednesday, February 27th. View Tennant's Dividend History.

How were Tennant's earnings last quarter?

Tennant (NYSE:TNC) posted its quarterly earnings data on Thursday, February, 21st. The industrial products company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.06. The industrial products company earned $285.20 million during the quarter, compared to analyst estimates of $285.25 million. Tennant had a return on equity of 13.01% and a net margin of 2.97%. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.34 EPS. View Tennant's Earnings History.

When is Tennant's next earnings date?

Tennant is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for Tennant.

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

Tennant issued an update on its FY19 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of $2.30-2.50 for the period, compared to the Thomson Reuters consensus estimate of $2.49. The company issued revenue guidance of $1.15-1.17 billion, compared to the consensus revenue estimate of $1.17 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.

Has Tennant been receiving favorable news coverage?

Media coverage about TNC stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing 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 closest to five being the most favorable. Tennant earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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 Exxon Mobil (XOM), Medtronic (MDT), Verizon Communications (VZ), UnitedHealth Group (UNH), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Walt Disney (DIS), Sherwin-Williams (SHW), PepsiCo (PEP) and MCCORMICK & CO /SH (MKC).

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 (Age 50)
  • Mr. Richard H. Zay, Sr. VP of the Americas (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 shareholders include BlackRock Inc. (14.33%), Mairs & Power INC (7.02%), Dimensional Fund Advisors LP (3.60%), Royce & Associates LP (3.47%), Bank of New York Mellon Corp (2.62%) and Gamco Investors INC. ET AL (2.05%). 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 Bank of New York Mellon Corp, Royce & Associates LP, Assenagon Asset Management S.A., Barrow Hanley Mewhinney & Strauss LLC, Barclays PLC, BTIM Corp., PNC Financial Services Group Inc. and New York State Common Retirement Fund. 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?

TNC stock was acquired by a variety of institutional investors in the last quarter, including Mairs & Power INC, Penn Capital Management Co. Inc., Ceredex Value Advisors LLC, Dimensional Fund Advisors LP, BlackRock Inc., Millennium Management LLC, Bank of America Corp DE and Geode Capital Management 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 $64.52.

How big of a company is Tennant?

Tennant has a market capitalization of $1.17 billion and generates $1.12 billion in revenue each year. The industrial products company earns $-6,190,000.00 in net income (profit) each year or $2.18 on an earnings per share basis. Tennant employs 4,300 workers across the globe.

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:  2.1 out of 5 (star star)
Outperform Votes:  268 (Vote Outperform)
Underperform Votes:  360 (Vote Underperform)
Total Votes:  628
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 2/23/2019 by MarketBeat.com Staff

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