Tennant Company (TNC)

Market Cap	2.01B
Revenue (ttm)	1.25B
Net Income (ttm)	113.60M
Shares Out	19.01M
EPS (ttm)	6.02
PE Ratio	17.57
Forward PE	16.11
Dividend	$1.12 (1.06%)
Ex-Dividend Date	May 31, 2024

Volume	134,552
Open	105.54
Previous Close	105.23
Day's Range	103.76 - 105.93
52-Week Range	72.60 - 124.11
Beta	1.09
Analysts	Strong Buy
Price Target	125.00 (+18.2%)
Earnings Date	May 3, 2024

About TNC

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions. It provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-mach...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• Founded: 1870
• Employees: 4,457
• Stock Exchange: NYSE
• Ticker Symbol: TNC

Financial Performance

In 2023, TNC's revenue was $1.24 billion, an increase of 13.86% compared to the previous year's $1.09 billion. Earnings were $109.50 million, an increase of 65.16%.

Analyst Forecast

According to 2 analysts, the average rating for TNC stock is "Strong Buy." The 12-month stock price forecast is $125.0, which is an increase of 18.20% from the latest price.

Price Target

$125.0

(18.20% upside)

Analyst Consensus: Strong Buy