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

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$54.43 -0.14 (-0.26 %)
(As of 12/16/2018 04:00 PM ET)
Previous Close$54.43
Today's Range$53.66 - $55.07
52-Week Range$53.66 - $86.03
Volume77,550 shs
Average Volume75,112 shs
Market Capitalization$986.54 million
P/E Ratio35.34
Dividend Yield1.62%
Beta0.96
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

Stock Exchange NYSE
Industry Refrigeration & service industry machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNYSE:TNC
Previous Symbol
CUSIP88034510
Phone763-540-1200

Debt

Debt-to-Equity Ratio1.03
Current Ratio1.84
Quick Ratio1.25

Price-To-Earnings

Trailing P/E Ratio35.34
Forward P/E Ratio25.80
P/E Growth2.58

Sales & Book Value

Annual Sales$1.00 billion
Price / Sales0.98
Cash Flow$4.0925 per share
Price / Cash Flow13.30
Book Value$16.72 per share
Price / Book3.26

Profitability

EPS (Most Recent Fiscal Year)$1.54
Net Income$-6,190,000.00
Net Margins2.01%
Return on Equity11.94%
Return on Assets3.66%

Miscellaneous

Employees4,300
Outstanding Shares18,130,000
Market Cap$986.54 million
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 declared a quarterly dividend on Monday, November 12th. Investors of record on Friday, November 30th will be given a dividend of $0.22 per share on Friday, December 14th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Thursday, November 29th. This is a positive change from Tennant's previous quarterly dividend of $0.21. View Tennant's Dividend History.

How were Tennant's earnings last quarter?

Tennant (NYSE:TNC) announced its quarterly earnings data on Wednesday, October, 24th. The industrial products company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.39 by $0.15. The industrial products company earned $273.30 million during the quarter, compared to analyst estimates of $267.20 million. Tennant had a return on equity of 11.94% and a net margin of 2.01%. The firm's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the business posted $0.32 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 28th 2019. View Earnings Estimates for Tennant.

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

Tennant issued an update on its FY18 earnings guidance on Wednesday, October, 24th. The company provided earnings per share (EPS) guidance of $2.05-2.15 for the period, compared to the Thomson Reuters consensus estimate of $2.04. The company issued revenue guidance of $1.115-1.125 billion, compared to the consensus revenue estimate of $1.12 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 been trending positive recently, InfoTrie Sentiment reports. The research group ranks 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 negative five to positive five, with scores nearest to five being the most favorable. Tennant earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock's share price in the immediate future.

Who are some of Tennant's key competitors?

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. David W. Huml, Sr. VP of EMEA, APAC & Global Marketing (Age 49)
  • Mr. Richard H. Zay, Sr. VP of the Americas (Age 47)
  • Mr. Michael W. Schaefer, CTO, Sr. VP of Engineering and R&D (Age 57)

Who are Tennant's major shareholders?

Tennant's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.20%), Vanguard Group Inc (10.34%), Vanguard Group Inc. (10.34%), Clearbridge Investments LLC (4.70%), Royce & Associates LP (3.74%) and Bank of New York Mellon Corp (3.27%). 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 institutional investors are selling Tennant stock?

TNC stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Ceredex Value Advisors LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., BTIM Corp., Gamco Investors INC. ET AL, Credit Suisse AG and Reynders McVeigh Capital Management LLC. 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 BlackRock Inc., Assenagon Asset Management S.A., Vanguard Group Inc, Vanguard Group Inc., Clearbridge Investments LLC, Bank of Montreal Can, Citadel Advisors LLC and Bank of New York Mellon Corp. 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 $54.43.

How big of a company is Tennant?

Tennant has a market capitalization of $986.54 million 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.

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:  261 (Vote Outperform)
Underperform Votes:  356 (Vote Underperform)
Total Votes:  617
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 12/16/2018 by MarketBeat.com Staff

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