Tennant Company is a specialty industrial machinery business based in the US. Tennant Company shares (TNC) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $94.07 – an increase of 1.16% over the previous week. Tennant Company employs 4,500 staff and has a trailing 12-month revenue of around $1.3 billion.
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| Latest market close | $94.07 |
|---|---|
| 52-week range | $71.99 - $123.41 |
| 50-day moving average | $93.76 |
| 200-day moving average | $101.94 |
| Wall St. target price | $128.50 |
| PE ratio | 16.1261 |
| Dividend yield | $1.105 (1.19%) |
| Earnings per share (TTM) | $5.79 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $93.37 from 2024-10-15
| 1 week (2024-10-11) | 0.14% |
|---|---|
| 1 month (2024-09-18) | 0.17% |
| 3 months (2024-07-18) | -13.25% |
| 6 months (2024-04-18) | -18.62% |
| 1 year (2023-10-18) | 24.71% |
|---|---|
| 2 years (2022-10-18) | 57.32% |
| 3 years (2021-10-18) | 21.86% |
| 5 years (2019-10-18) | 38.73% |
Valuing Tennant Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tennant Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tennant Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Tennant Company shares trade at around 16x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Tennant Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.01. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tennant Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Tennant Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $191.3 million.
The EBITDA is a measure of a Tennant Company's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $1.3 billion |
|---|---|
| Operating margin TTM | 11.84% |
| Gross profit TTM | $421.2 million |
| Return on assets TTM | 7.56% |
| Return on equity TTM | 19.2% |
| Profit margin | 8.76% |
| Book value | $32.96 |
| Market Capitalization | $1.8 billion |
TTM: trailing 12 months
Dividend payout ratio: 16.23% of net profits
Recently Tennant Company has paid out, on average, around 16.23% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.19% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tennant Company shareholders could enjoy a 1.19% return on their shares, in the form of dividend payments. In Tennant Company's case, that would currently equate to about $1.105 per share.
While Tennant Company's payout ratio might seem low, this can signify that Tennant Company is investing more in its future growth.
Tennant Company's most recent dividend payout was on 15 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 29 August 2024 (the "ex-dividend date").
Tennant Company's shares were split on a 2:1 basis on 25 July 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Tennant Company shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Tennant Company shares which in turn could have impacted Tennant Company's share price.
Over the last 12 months, Tennant Company's shares have ranged in value from as little as $71.9904 up to $123.4128. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tennant Company's is 0.991. This would suggest that Tennant Company's shares are less volatile than average (for this exchange).
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-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei, and Rongen 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, and other environments. The company markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.
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