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 Ratio49.68
Forward P/E Ratio36.74
P/E Growth3.77
Sales & Book Value
Annual Sales$1.00 billion
Price / Sales1.37
Cash Flow$3.9963 per share
Price / Cash19.03
Book Value$16.72 per share
Price / Book4.55
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, August 15th. Investors of record on Friday, August 31st will be given a dividend of $0.21 per share on Friday, September 14th. This represents a $0.84 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Thursday, August 30th. View Tennant's Dividend History.
How were Tennant's earnings last quarter?
Tennant (NYSE:TNC) issued its earnings results on Wednesday, July, 25th. The industrial products company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.29. The industrial products company had revenue of $292.20 million for the quarter, compared to the consensus estimate of $281.03 million. Tennant had a return on equity of 10.65% and a net margin of 1.48%. The company's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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 issued an update on its FY18 earnings guidance on Wednesday, July, 25th. The company provided earnings per share (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 been trending somewhat positive on Monday, according to Accern. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Tennant earned a daily sentiment score of 0.20 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 46.22 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Tennant.
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. (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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., BTIM Corp., WINTON GROUP Ltd, Citadel Advisors LLC, Schwab Charles Investment Management Inc., Granahan Investment Management Inc. MA, SG Americas Securities LLC and Commonwealth of Pennsylvania Public School Empls Retrmt SYS. 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 $76.05.
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.
