Tennant Company (TNC)
NYSE: TNC · IEX Real-Time Price · USD
117.35
+2.16 (1.88%)
Apr 23, 2024, 12:28 PM EDT - Market open
Tennant Company Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Tennant Company stock have an average target of 120, with a low estimate of 100 and a high estimate of 140. The average target predicts an increase of 2.26% from the current stock price of 117.35.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 $140 | Strong Buy | Maintains | $140 | +19.31% | Apr 22, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $115 → $140 | Strong Buy | Maintains | $115 → $140 | +19.31% | Feb 26, 2024 |
| CJS Securities | CJS Securities | Hold → Buy Upgrades $100 | Hold → Buy | Upgrades | $100 | -14.78% | Nov 1, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $100 → $115 | Strong Buy | Maintains | $100 → $115 | -2.00% | Aug 7, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $98 → $100 | Strong Buy | Maintains | $98 → $100 | -14.78% | May 1, 2023 |
Financial Forecast
Revenue This Year
1.30B
from 1.24B
Increased by 4.62%
Revenue Next Year
1.35B
from 1.30B
Increased by 3.54%
EPS This Year
6.52
from 5.83
Increased by 11.86%
EPS Next Year
6.91
from 6.52
Increased by 6.01%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.4B | 1.4B |
| Avg | 1.3B | 1.3B |
| Low | 1.3B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.6% | 8.2% |
| Avg | 4.6% | 3.5% |
| Low | 0.7% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 6.89 | 7.32 |
| Avg | 6.52 | 6.91 |
| Low | 6.24 | 6.59 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 18.1% | 12.2% |
| Avg | 11.9% | 6.0% |
| Low | 7.1% | 1.0% |
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.