Tennant Company (TNC)
Market Cap | 2.23B |
Revenue (ttm) | 1.24B |
Net Income (ttm) | 109.50M |
Shares Out | 19.01M |
EPS (ttm) | 5.83 |
PE Ratio | 20.12 |
Forward PE | 17.99 |
Dividend | $1.12 (0.95%) |
Ex-Dividend Date | Feb 28, 2024 |
Volume | 89,768 |
Open | 118.01 |
Previous Close | 118.55 |
Day's Range | 116.70 - 119.71 |
52-Week Range | 64.88 - 124.11 |
Beta | 1.09 |
Analysts | Strong Buy |
Price Target | 120.00 (+2.29%) |
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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for TNC stock is "Strong Buy." The 12-month stock price forecast is $120.0, which is an increase of 2.29% from the latest price.
News
Tennant Company to Report First Quarter 2024 Results on May 3, 2024
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its first quarter 2024 financial results before the market opens on Friday, May 3, 2024, with a c...
Tennant Company to Host Investor Day on May 13, 2024
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant” or the “Company”) (NYSE: TNC) today announced that it will host an Investor Day with financial analysts and institutional investors on Monday, ...
Tennant Company Acquires Long-Time Distributor of Tennant Equipment to Accelerate Growth in the Central & Eastern Europe Region
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions that help create a cleaner, safer, healthier world, today announced that ...
10 stocks you can bet on being inflation-proof
New research shows that “quality” stocks — companies with high operating profitability but which are out of favor on Wall Street — are the type of stocks most likely to do well if inflation heats up. ...
Tennant Company Reports Record 2023 Fourth-Quarter and Full-Year Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant” or the “Company”) (NYSE: TNC) today reported its fourth-quarter and full-year financial results for 2023. (In millions, except per share data) ...
Tennant Company and Brain Corp Sign Exclusive Technology Agreement To Accelerate Robotic Floor Cleaning Innovation and Adoption
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in the design, manufacturing, and marketing of solutions to reinvent how the world cleans, and Brain Corp, a leading autonomou...
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 March 15, 2024, to shareholders of record at the clos...
Tennant Company Recognizes K-12 Custodians, Announcing Top 12 Finalists in Fifth Annual Custodians Are Key Campaign
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 finalists in its fi...
Tennant Company to Report Fourth Quarter and Full-Year Fiscal 2023 Results on February 22, 2024
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its fourth quarter and full-year fiscal 2023 financial results before the market opens on Thursda...
Tennant Company Unveils New T1581 Ride-on Scrubber Designed for Cleaning in Industrial Settings
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a global leader in cleaning equipment and solutions, introduces the T1581 Ride-on Scrubber—a medium-sized floor cleaning machine designed to ...
Tennant Company Appoints Brock Christianson as Senior Vice President, Chief Human Resources Officer
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, healthier world, today an...
Tennant Company Reports Third Quarter 2023 Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended September 30, 2023. (In millions, except per share dat...
Tennant Company Increases Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Tennant Company (NYSE: TNC) today authorized to raise the quarterly cash dividend to $0.28 per share, a 5.7% increase. The increased dividend is...
Tennant Company to Report Third Quarter Fiscal 2023 Results on October 31, 2023
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its third quarter fiscal year 2023 financial results before the market opens on Tuesday, October ...
Tennant Company Adds Two More Scrubbers to Growing Product Fleet
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, unveiled today two additional products to its line of walk-behind floor scrubbers — the T...
Tennant Company Publishes 2023 (FY22) Sustainability Report
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, has releas...
Tennant Company Reports 2023 Second Quarter Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the second quarter ended June 30, 2023. (In millions, except per share d...
Tennant Company to Webcast Second Quarter 2023 Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2023 second quarter results on Friday, August 4, 2023. The company will conduct a conference ...
Tennant Company Announces Winner of $15,000 Custodians Are Key Prize
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 i...
Tennant Company Reports 2023 First 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 heal...
Tennant Company Introduces Two New Compact Ride-on Sweepers To Floor Cleaning Portfolio
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing solutions to reinvent how the world cleans, today announced two new, compact additio...
Tennant Company Announces Net-Zero Greenhouse Gas Emissions Goals
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 an ambitious plan...
Tennant Company to Webcast First Quarter 2023 Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2023 first quarter results on Friday, April 28, 2023. The company will conduct a conference c...
Tennant Company Mechanizes the Mop with Enhanced i-mop® Walk-Behind Scrubbers Portfolio
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing solutions to reinvent how the world cleans, today announced its full i-mop® portfoli...
Tennant Company Expands Ride-on Scrubber Portfolio with Introduction of Two New 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 two newest additions...