Tennant Company (TNC)
NYSE: TNC · Real-Time Price · USD
80.29
-1.42 (-1.74%)
Dec 20, 2024, 4:00 PM EST - Market closed
Tennant Company Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Tennant Company stock have an average target of 137.5, with a low estimate of 125 and a high estimate of 150. The average target predicts an increase of 71.25% from the current stock price of 80.29.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TNC stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northcoast Research | Northcoast Research | Strong Buy Initiates $125 | Strong Buy | Initiates | $125 | +55.69% | Dec 19, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $150 | Strong Buy | Maintains | $150 | +86.82% | May 6, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $140 | Strong Buy | Maintains | $140 | +74.37% | Apr 22, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $115 → $140 | Strong Buy | Maintains | $115 → $140 | +74.37% | Feb 26, 2024 |
| CJS Securities | CJS Securities | Hold → Buy Upgrades $100 | Hold → Buy | Upgrades | $100 | +24.55% | Nov 1, 2023 |
Financial Forecast
Revenue This Year
1.30B
from 1.24B
Increased by 4.13%
Revenue Next Year
1.33B
from 1.30B
Increased by 3.01%
EPS This Year
6.45
from 5.83
Increased by 10.61%
EPS Next Year
6.43
from 6.45
Decreased by -0.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.3B | 1.4B | 1.4B |
| Avg | 1.3B | 1.3B | 1.3B |
| Low | 1.3B | 1.3B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.2% | 10.8% | 4.3% |
| Avg | 4.1% | 3.0% | 0.4% |
| Low | 1.0% | -3.5% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.75 | 7.02 | 7.15 |
| Avg | 6.45 | 6.43 | 6.88 |
| Low | 6.21 | 5.92 | 6.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.8% | 8.9% | 11.2% |
| Avg | 10.6% | -0.3% | 7.0% |
| Low | 6.6% | -8.2% | 3.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.