Tennant Company (TNC)
Market Cap | 1.53B |
Revenue (ttm) | 1.27B |
Net Income (ttm) | 108.10M |
Shares Out | 18.87M |
EPS (ttm) | 5.67 |
PE Ratio | 14.18 |
Forward PE | 13.30 |
Dividend | $1.18 (1.47%) |
Ex-Dividend Date | Nov 29, 2024 |
Volume | 23,891 |
Open | 80.59 |
Previous Close | 80.78 |
Day's Range | 79.68 - 81.58 |
52-Week Range | 79.25 - 124.11 |
Beta | 0.99 |
Analysts | Strong Buy |
Price Target | 137.50 (+69.42%) |
Earnings Date | Feb 20, 2025 |
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... [Read more]
Financial Performance
In 2023, Tennant Company'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%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for TNC stock is "Strong Buy." The 12-month stock price forecast is $137.5, which is an increase of 69.42% from the latest price.
News
Tennant: A Hidden Champion Of Autonomous Robots Pays Growing Dividends
Tennant, a leading cleaning equipment manufacturer, has strong margins, impressive growth, and a robust balance sheet, but currently appears slightly overvalued. The company benefits from trends like ...
Tennant Company Introduces Lithium-Ion-Powered T12 and T16 Scrubbers
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, today announced the release of lithium-...
These 5 Stocks Have 50 Years of Dividend Growth—Here's How to Find More
With a new presidential administration set to take office on Jan. 20, 2025, some investors may be uncertain about how new policies and personnel will affect the stock market and interest rates. Will t...
13 Upcoming Dividend Increases Including 2 Kings
This week's dividend increases feature two dividend kings, Stepan and Tennant, with average increases of 7.4% and a median of 5.4%. Thirteen companies are increasing their dividends this week, with an...
Tennant Company (TNC) Q3 2024 Earnings Call Transcript
Tennant Company (NYSE:TNC) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance & Investor Relations Dave Huml - President & Chie...
Tennant Company Reports Third Quarter 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended September 30, 2024. (In millions, except per share d...
Tennant Company Increases Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Tennant Company (NYSE: TNC) today authorized raising the quarterly cash dividend to $0.295 per share, a 5.4% increase. The increased dividend is...
Tennant Company to Report Third Quarter 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its third quarter 2024 financial results after the market closes on October 31, 2024, with a conf...
Tennant Company Announces New Approach to Corporate Giving and 2024 Habitat for Humanity Carter Work Project Sponsorship
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a global leader in designing, manufacturing, and marketing solutions that help create a cleaner, safer, and healthier world, today announced ...
Tennant Company Launches the T291 Small Walk-Behind Scrubber for Exceptional Cleaning and Ease of Use in Small Spaces
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, today announced the launch of its new T291 small walk-behind scrubber into the North Amer...
Tennant Company Launches Cleaning All-Star Sweepstakes to Celebrate Custodial Heroes of Everyday Spaces
MINNEAPOLIS--(BUSINESS WIRE)--As a global leader in the floor cleaning industry, Tennant Company (NYSE: TNC) has worked with thousands of cleaning professionals and has seen their hard work and commun...
Tennant Company Should Clean Up Nicely
Tennant Company is upgraded from 'hold' to a soft 'buy' due to improved financial performance and favorable market conditions. The firm has a significant market share in its niche cleaning equipment i...
Commercial Scrubbers and Sweepers Market Forecast Report 2024-2029 - Nilfisk, Tennant, Alfred Karcher and HAKO Dominate
Dublin, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The "Commercial Scrubbers and Sweepers Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The global co...
Tennant Company (TNC) Q2 2024 Earnings Call Transcript
Tennant Company (NYSE:TNC) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance & Investor Relations Dave Huml - President & Chief ...
Tennant Company Reports Second Quarter 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended June 30, 2024. (In millions, except per share data) Th...
MEDITECH Introduces Traverse Exchange Interoperability Network for US Market
CANTON, Mass.--(BUSINESS WIRE)--MEDITECH today announced the introduction of Traverse Exchange, an advanced nationwide health information exchange network for US customers. Built on the same foundatio...
Tennant Company Declares Regular Quarterly Cash Dividend
MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.28 per share payable September 16, 2024, to shareholders of record at the ...
Tennant Company to Report Second Quarter 2024 Results on August 8, 2024
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its second quarter 2024 financial results before the market opens on Thursday, August 8, 2024, wi...
Tennant Company Publishes 2024 (FY23) Sustainability Report
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC),, a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, has released its annual Sustainability...
Tennant Company Appoints New Board Member
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions to reinvent how the world cleans, today announced the appointment of Mar...
Tennant Company Announces Grand Prize Winner in Fifth Annual Custodians Are Key Program
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, today announced the grand-prize winner ...
Tennant Company Hosting Investor Day at NYSE
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) is hosting an Investor Day with financial analysts and institutional investors today, May 13, 2024, at 9:00 a.m. ...
Tennant Company (TNC) Q1 2024 Earnings Call Transcript
Tennant Company (NYSE:TNC) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Lorenzo Bassi - Vice President-Finance and Investor Relations Dave Huml - President and Chief ...
Tennant Company Announces Senior Leadership Updates to Direct ERP Transformation and Drive Product Innovation
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced it h...
Tennant Company Reports First Quarter 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended March 31, 2024. (In millions, except per share data) T...