Tennant Company (TNC)
NYSE: TNC · IEX Real-Time Price · USD
98.66
+0.89 (0.91%)
Jul 2, 2024, 4:00 PM EDT - 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 125, with a low estimate of 100 and a high estimate of 150. The average target predicts an increase of 26.70% from the current stock price of 98.66.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 6, 2024.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy Maintains $150 | Strong Buy | Maintains | $150 | +52.04% | May 6, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $140 | Strong Buy | Maintains | $140 | +41.90% | Apr 22, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $115 → $140 | Strong Buy | Maintains | $115 → $140 | +41.90% | Feb 26, 2024 |
| CJS Securities | CJS Securities | Hold → Buy Upgrades $100 | Hold → Buy | Upgrades | $100 | +1.36% | Nov 1, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $100 → $115 | Strong Buy | Maintains | $100 → $115 | +16.56% | Aug 7, 2023 |
Financial Forecast
Revenue This Year
1.30B
from 1.24B
Increased by 4.29%
Revenue Next Year
1.36B
from 1.30B
Increased by 4.78%
EPS This Year
6.72
from 5.83
Increased by 15.32%
EPS Next Year
7.29
from 6.72
Increased by 8.41%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.4B | 1.4B |
| Avg | 1.3B | 1.4B |
| Low | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.7% | 10.9% |
| Avg | 4.3% | 4.8% |
| Low | 0.3% | - |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 7.10 | 7.85 |
| Avg | 6.72 | 7.29 |
| Low | 6.43 | 6.86 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 21.7% | 16.8% |
| Avg | 15.3% | 8.4% |
| Low | 10.3% | 2.0% |
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.