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Tennant Company (TNC)

Stock Price: $68.32 USD 1.67 (2.51%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.26B
Revenue (ttm) 1.04B
Net Income (ttm) 45.10M
Shares Out 18.46M
EPS (ttm) 2.43
PE Ratio 28.12
Forward PE 35.46
Dividend $0.88
Dividend Yield 1.29%

Stock Quote

Trading Day Aug 7, 2020
Last Price $68.32
Previous Close $66.65
Change ($) 1.67
Change (%) 2.51%
Day's Open 66.47
Day's Range 66.47 - 68.32
Day's Volume 111,033
52-Week Range 46.64 - 87.06

More Stats

Market Cap 1.26B
Enterprise Value 1.53B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date May 28, 2020
Shares Outstanding 18.46M
Float 15.10M
EPS (basic) 2.47
EPS (diluted) 2.43
FCF / Share 4.24
Dividend $0.88
Dividend Yield 1.29%
Earnings Yield 3.56%
FCF Yield 6.17%
Payout Ratio 35.60%
Shares Short 489,416
Short Ratio 7.05
Short % of Float 4.32%
Beta 1.15
PE Ratio 28.12
Forward PE 35.46
P/FCF Ratio 16.21
PS Ratio 1.21
PB Ratio 3.31
Revenue 1.04B
Operating Income 78.40M
Net Income 45.10M
Free Cash Flow 77.80M
Net Cash -267.80M
Net Cash / Share -14.51
Gross Margin 44.76%
Operating Margin 7.53%
Profit Margin 4.30%
FCF Margin 7.47%
ROA 4.86%
ROE 12.76%
ROIC 9.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 2
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$72.67*
(6.37% upside)
Low
63.0
Current: $68.32
High
82.0
Target: 72.67
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,1381,1241,003809812822752739754668
Revenue Growth1.26%12%24.06%-0.4%-1.24%9.3%1.76%-1.99%12.93%-
Gross Profit462445400352349352326325319284
Operating Income71.8058.0033.0068.2753.1872.1062.4061.9249.6537.13
Net Income45.8033.40-6.2046.6132.0950.6540.2341.5832.7134.80
Shares Outstanding18.1217.9417.7017.5218.0218.2218.3018.5418.8318.81
Earnings Per Share2.481.82-0.352.591.742.702.142.181.691.80
EPS Growth36.26%--48.85%-35.56%26.17%-1.83%28.99%-6.11%-
Dividend Per Share0.880.630.840.810.800.780.720.690.680.59
Dividend Growth39.68%-25%3.7%1.25%2.56%8.33%4.35%1.47%15.25%-
Operating Cash Flow71.9080.0054.2057.8845.2359.3659.8147.5756.9142.53
Capital Expenditures-38.80-21.50-20.40-25.91-24.44-19.29-14.66-14.60-13.30-9.93
Free Cash Flow33.1058.5033.8031.9720.7940.0745.1632.9743.6132.60
Cash & Equivalents74.6086.1059.0558.5551.9493.3181.3854.1355.6239.53
Total Debt36935537736.1924.6528.1431.8032.3236.4630.83
Net Cash / Debt-295-269-31822.3627.2965.1849.5721.8019.168.70
Assets1,063993994470432487456421424404
Liabilities702676696191180206192186203188
Book Value360314297279252281264235221216
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Tennant Company
Country United States
Employees 4,373
CEO H. Chris Killingstad

Stock Information

Ticker Symbol TNC
Stock Exchange New York Stock Exchange
Sector Industrials
Industry Specialty Industrial Machinery
Unique Identifier NYSE: TNC

Description

Tennant Company 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 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. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, and IPC brands, as well as private-label brands. 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 and businesses through direct sales and service organization, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Minneapolis, Minnesota.