Tennant Company (TNC)

NYSE: TNC · IEX Real-Time Price · USD
68.67
-1.89 (-2.68%)
Aug 19, 2022 4:00 PM EDT - Market closed
-2.68%
Market Cap 1.28B
Revenue (ttm) 1.09B
Net Income (ttm) 56.30M
Shares Out 18.59M
EPS (ttm) 3.03
PE Ratio 22.66
Forward PE 21.10
Dividend $1.00 (1.46%)
Ex-Dividend Date Aug 30, 2022
Volume 70,385
Open 70.12
Previous Close 70.56
Day's Range 67.93 - 70.12
52-Week Range 54.90 - 85.33
Beta 1.07
Analysts Buy
Price Target 85.17 (+24.0%)
Earnings Date Aug 9, 2022

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, specialty surface coatings, and asset management solutions. It also provides business solutions, such as financing, rental, and leasing pro... [Read more...]

Industry Machinery
Founded 1870
CEO H. Chris Killingstad
Employees 4,250
Stock Exchange NYSE
Ticker Symbol TNC
Full Company Profile

Financial Performance

In 2021, TNC's revenue was $1.09 billion, an increase of 8.97% compared to the previous year's $1.00 billion. Earnings were $64.90 million, an increase of 92.58%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for TNC stock is "Buy." The 12-month stock price forecast is 85.17, which is an increase of 24.03% from the latest price.

Price Target
$85.17
(24.03% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Tennant Company Reports 2022 Second Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant” or the “Company”) (NYSE: TNC), a global leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and health...

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 Andre...

Tennant Company Declares Regular Quarterly Cash Dividend

MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of 25 cents per share payable September 15, 2022, to shareholders of record at the...

Tennant Company to Webcast Second Quarter 2022 Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2022 second quarter results on Tuesday, August 9, 2022. The company will conduct a conference c...

Tennant Company Announces Grand Prize Winner in Third Annual K-12 Custodians Are Key Contest

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing solutions to reinvent how the world cleans, has announced the grand prize winner chose...

Tennant Company Reports 2022 First Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant” or the “Company”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthi...

Tennant Company to Webcast First Quarter 2022 Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2022 first quarter results on Thursday, April 28, 2022. The company will conduct a conference c...

Tennant Company Introduces Lithium-Ion Technology to AMR (Autonomous Mobile Robot) Floor Cleaning Machines

MINNEAPOLIS--(BUSINESS WIRE)--Today Tennant Company (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, announced the introduction of lithi...

Tennant Company Reports Strong 2021 Full Year Results and Provides Full Year 2022 Guidance

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant” or the “Company”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthi...

Tennant Company to Webcast Fourth Quarter 2021 Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2021 fourth quarter and full-year results on Thursday, February 24, 2022. The company will cond...

Tennant Company Introduces its First Multi-Use Robotic Solution for Retailers

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a worldwide leader in the design, manufacture and marketing of solutions to reinvent how the world cleans, today announced the launch of Invent...

Recap: Tennant Q3 Earnings

Tennant (NYSE:TNC) reported its Q3 earnings results on Tuesday, November 2, 2021 at 09:00 AM. Here's what investors need to know about the announcement.

Tennant Company Reports 2021 Third-Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world, today r...

Tennant Company Board Authorizes 9 Percent Quarterly Dividend Increase

MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today authorized a 9 percent increase in the Company's quarterly cash dividend to $0.25 per share. The increased dividend is payabl...

Tennant Company to Webcast Third Quarter Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2021 third quarter results on Tuesday, November 2, 2021. The company will conduct a conference ...

Tennant Company Reports 2021 Second-Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world, today r...

Tennant Company to Webcast Second Quarter Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2021 second quarter results on Tuesday, August 3, 2021. The company will conduct a conference c...

Top Ranked Growth Stocks to Buy for July 2nd

Top Ranked Growth Stocks to Buy for July 2nd

Other symbols: LLMTGLS

Top Ranked Growth Stocks to Buy for June 30th

Top Ranked Growth Stocks to Buy for June 30th

Other symbols: KMXMSIG

Reasons Why it is Worth Investing in Tennant (TNC) Stock Now

Tennant (TNC) to gain from solid product offerings, innovative capabilities, well-diversified business structure and favorable e-commerce business. Also, its shareholder-friendly policies bode well.

Here is Why Growth Investors Should Buy Tennant (TNC) Now

Tennant (TNC) could produce exceptional returns because of its solid growth attributes.

5 Stocks to Make the Most of Record-High US Factory Data

With the key measure of US factory activity hitting a record high along with other upbeat manufacturing numbers, it's prudent to invest in top manufacturers like Alcoa (AA), Deere (DE) & AGCO.

Other symbols: AAAGCOBDE

Top Ranked Growth Stocks to Buy for June 24th

Top Ranked Growth Stocks to Buy for June 24th

Other symbols: METAHSICM

Top Ranked Growth Stocks to Buy for June 16th

Top Ranked Growth Stocks to Buy for June 16th

Other symbols: ANLLTGT

5 Top-Rated Industrial Stocks to Add to Your Portfolio Now

With American industries and the rest of the US economy bouncing back from the impact of the pandemic, it's prudent to invest in industrial stocks like Alcoa (AA), Caterpillar (CAT) & Tennant (TNC).

Other symbols: AACATGWWMLI