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TNC

TNC - Tennant Co Stock Price, Fair Value and News

108.51USD+4.54 (+4.37%)Market Closed

Market Summary

TNC
USD108.51+4.54
Market Closed
4.37%

TNC Stock Price

View Fullscreen

TNC RSI Chart

TNC Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

18.16

Price/Sales (Trailing)

1.65

EV/EBITDA

12

Price/Free Cashflow

14.61

TNC Price/Sales (Trailing)

TNC Profitability

EBT Margin

10.16%

Return on Equity

18.48%

Return on Assets

9.86%

Free Cashflow Yield

6.85%

TNC Fundamentals

TNC Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

1.7%

Rev. Growth (Qtr)

-0.13%

TNC Earnings

Earnings (TTM)

113.6M

Earnings Growth (Yr)

16.87%

Earnings Growth (Qtr)

-8.39%

Breaking Down TNC Revenue

Last 7 days

11.9%

Last 30 days

12.7%

Last 90 days

-6.2%

Trailing 12 Months

36.0%

How does TNC drawdown profile look like?

TNC Financial Health

Current Ratio

2.15

Debt/Equity

0.34

Debt/Cashflow

0.77

TNC Investor Care

Dividend Yield

0.99%

Dividend/Share (TTM)

1.08

Shares Dilution (1Y)

2.69%

Diluted EPS (TTM)

6.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.2B000
20231.1B1.2B1.2B1.2B
20221.1B1.1B1.1B1.1B
20211.0B1.1B1.1B1.1B
20201.1B1.0B1.0B1.0B
20191.1B1.1B1.1B1.1B
20181.1B1.1B1.1B1.1B
20171.0B1.0B1.0B1.0B
2016819.8M873.7M935.5M1.0B
2015817.9M815.6M813.1M808.6M
2014767.9M786.7M800.8M822.0M
2013733.4M734.1M744.4M752.0M
2012755.1M753.4M744.6M739.0M
2011690.2M725.3M743.6M754.0M
2010613.8M631.8M649.7M667.7M
2009000595.9M
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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Tracking the Latest Insider Buys and Sells of Tennant Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 06, 2024
huml david w.
gifted
-
-
-13,682
president and ceo
Jun 06, 2024
huml david w.
gifted
-
-
13,682
president and ceo
May 15, 2024
sheahan mark w
acquired
-
-
1,043
-
May 08, 2024
mulligan donal l
acquired
-
-
1,073
-
May 08, 2024
morse timothy r.
acquired
-
-
1,073
-
May 08, 2024
windley david
acquired
-
-
1,073
-
May 08, 2024
arvani azita
acquired
-
-
1,073
-
May 08, 2024
green maria c
acquired
-
-
1,073
-
May 08, 2024
hider andrew p.
acquired
-
-
1,073
-

1–10 of 50

Which funds bought or sold TNC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 15, 2024
JFS WEALTH ADVISORS, LLC
new
-
788
788
-%
Jul 12, 2024
Annex Advisory Services, LLC
added
12.35
-60,120
604,427
0.02%
Jul 12, 2024
Kopion Asset Management, LLC
reduced
-15.47
-1,577,460
3,418,030
2.43%
Jul 12, 2024
Harbour Capital Advisors, LLC
reduced
-0.11
-102,034
425,788
0.10%
Jul 12, 2024
SG Americas Securities, LLC
added
87.05
440,000
1,296,000
0.01%
Jul 10, 2024
CONTRAVISORY INVESTMENT MANAGEMENT, INC.
reduced
-3.21
-76,324
276,223
0.06%
Jul 10, 2024
Clean Yield Group
unchanged
-
-33,963
144,295
0.05%
Jul 10, 2024
Linden Thomas Advisory Services, LLC
sold off
-100
-209,048
-
-%
Jul 10, 2024
CWM, LLC
added
290
26,000
38,000
-%
Jul 10, 2024
CVA Family Office, LLC
new
-
1,378
1,378
-%

1–10 of 50

Are Funds Buying or Selling TNC?

Are funds buying TNC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TNC
No. of Funds

Unveiling Tennant Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
arrowmark colorado holdings llc
0%
0
SC 13G/A
Feb 14, 2024
mairs & power inc
6.57%
1,227,944
SC 13G/A
Feb 13, 2024
vanguard group inc
12.05%
2,250,515
SC 13G/A
Jan 22, 2024
blackrock inc.
16.7%
3,128,203
SC 13G/A
Feb 15, 2023
arrowmark colorado holdings llc
9.33%
1,735,429
SC 13G/A
Feb 14, 2023
mairs & power inc
8.8%
1,632,438
SC 13G/A
Feb 09, 2023
vanguard group inc
11.54%
2,146,009
SC 13G/A
Jan 23, 2023
blackrock inc.
16.4%
3,054,544
SC 13G/A
Feb 14, 2022
mairs & power inc
9.1%
1,683,174
SC 13G/A
Feb 14, 2022
arrowmark colorado holdings llc
10.90%
2,020,661
SC 13G/A

Recent SEC filings of Tennant Co

View All Filings
Date Filed Form Type Document
Jun 27, 2024
11-K
Employee Benefit Details
Jun 10, 2024
4
Insider Trading
May 30, 2024
SD
SD
May 23, 2024
144
Notice of Insider Sale Intent
May 17, 2024
4
Insider Trading
May 16, 2024
3
Insider Trading
May 16, 2024
8-K
Current Report
May 10, 2024
4
Insider Trading
May 10, 2024
3
Insider Trading
May 10, 2024
4
Insider Trading

Peers (Alternatives to Tennant Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
178.3B
69.5B
4.50% 83.64%
50.78
2.56
16.04% -60.91%
178.1B
67.0B
12.17% 40.05%
15.84
2.66
8.59% 58.17%
42.3B
34.0B
12.35% 17.35%
20.52
1.24
12.85% -19.64%
40.7B
6.7B
5.40% 11.49%
30.91
6.05
7.11% 10.53%
12.5B
15.3B
5.97% 5.08%
-906.26
0.81
13.36% -103.70%
MID-CAP
10.5B
6.9B
0.81% 34.73%
61.19
1.52
3.19% 62.26%
8.6B
15.5B
12.59% 64.57%
28.26
0.56
7.53% 3145.00%
6.8B
4.4B
10.65% 37.06%
28.98
1.53
17.31% 1.26%
4.5B
2.4B
11.00% 22.28%
31.59
1.91
4.48% -49.27%
2.2B
1.7B
5.67% -6.27%
16.52
1.31
8.96% 15.52%
SMALL-CAP
1.8B
1.4B
1.88% -39.06%
30.07
1.25
-13.54% -25.70%
1.2B
145.6M
25.08% 382.44%
-58.1
8.24
37.42% 67.34%
1.1B
627.3M
3.68% 100.88%
27.89
1.7
36.84% 37.55%
450.8M
35.8M
-34.45% -85.74%
-0.48
12.58
-27.93% -18.06%
229.1M
100.1M
12.11% 325.16%
-28.08
2.29
2.80% 39.07%

Tennant Co News

Latest updates
MarketBeat8 hours ago
American Banking and Market News45 hours ago
Defense World28 Jun 202407:00 am
Yahoo Finance10 Jun 202407:00 am
TradingView4 months ago

Tennant Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.1%311311305322306291263280258276272279263273262214252295281300263
Gross Profit5.1%13813113214012611510110699.0010110911511311210490.00103119114121108
Operating Expenses-------------77.0010186.0068.0088.0099.0093.0010197.00
  S&GA Expenses-6.1%90.0096.0088.0087.0082.0079.0071.0079.0077.0079.0077.0086.0079.0095.0078.0060.0081.0090.0084.0093.0090.00
  R&D Expenses-4.7%10.0011.009.009.008.008.008.008.008.008.008.008.007.009.007.007.007.009.008.008.007.00
EBITDA Margin2.1%0.15*0.14*0.15*0.14*0.12*0.11*0.10*0.10*0.09*0.11*0.10*0.10*---------
Interest Expenses87.5%5.002.004.006.005.002.003.001.001.003.001.002.004.004.004.005.005.007.005.005.00-4.20
Income Taxes174.4%7.00-9.007.009.008.001.004.004.004.004.001.00-2.607.002.001.004.001.003.002.002.001.00
Earnings Before Taxes59.5%35.0022.0030.0040.0032.0025.0020.0020.0015.0012.0022.007.0033.004.0013.0018.006.0014.0017.0017.007.00
EBT Margin2.1%0.10*0.10*0.10*0.10*0.08*0.07*0.06*0.06*0.05*0.07*0.06*0.05*---------
Net Income-8.4%28.0031.0023.0031.0024.0024.0016.0017.0010.008.0022.0010.0026.003.0012.0014.005.0011.0015.0015.005.00
Net Income Margin3.3%0.09*0.09*0.08*0.08*0.07*0.06*0.05*0.05*0.05*0.06*0.05*0.05*---------
Free Cashflow-100.2%-0.1056.0051.0034.0024.008.00-24.10-19.00-15.10-0.9021.0016.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets3.4%1,1521,1131,0591,1081,1011,0851,0051,0251,0501,0621,0671,0811,0811,0831,0641,0281,1501,0631,0451,0711,041
  Current Assets-1.4%561569555590582575522521525527526522531494491461585481480479452
    Cash Equivalents-24.2%89.0011797.0096.0091.0077.0059.0074.0011012414113517514112599.0019275.0072.0072.0047.00
  Inventory3.1%181176185198204207200189184161158148161128134150155150161160158
  Net PPE---182185183180166169171173170172171186178179174173168173175
  Goodwill2.6%192187181186185182169180190193198202199208201194191195185193190
Liabilities0.1%536535513586608613579591613627624644659677668655792702705736721
  Current Liabilities-4.9%260274245258257262244265266290276284277254244252225275270260267
  Long Term Debt6.8%207194216273294295276261277263265266272298308298463308322346330
Shareholder's Equity6.5%615577545522493472427434437435443438421406395373359361340335320
  Retained Earnings4.2%571547522504477458439428416411407390385363365357347346339329318
  Additional Paid-In Capital33.3%87.0065.0071.0054.0053.0056.0057.0055.0055.0054.0061.0065.0059.0055.0052.0049.0049.0046.0040.0035.0032.00
Accumulated Depreciation1.1%307304300297287279261262265258268263255252259250242239244241231
Shares Outstanding0%19.0019.0019.0019.0018.0019.0018.0018.0019.0018.0019.0019.00---------
Minority Interest0%1.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.002.002.002.00
Float----1,487---1,091---1,476---1,108---1,095-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-95.5%2,90063,80054,40039,10031,10013,700-15,200-13,500-10,1006,50025,10019,40018,40036,30049,00039,8008,70025,70035,30022,500-11,600
  Share Based Compensation6.7%3,2003,0004,7002,7001,2003,4001,7009001,800-2,5003,9003,1001,3001,900-2,8002,7003,7001,7003,300
Cashflow From Investing-657.5%-60,600-8,000-3,200-5,200-6,800-5,500-8,900-1,500-8,600-10,900-4,100-3,10019,800-4,400-7,100-6,000-12,400-18,100-2,900-5,000-29,600
Cashflow From Financing175.8%26,900-35,500-49,000-27,800-10,3009,30011,000-20,5008,300-12,200-13,700-56,800-1,800-18,300-19,800-127,700123,000-4,600-14,500-9,8001,500
  Dividend Payments0%5,3005,3005,0004,9004,9004,9004,8004,6004,6004,6004,3004,4004,2004,2004,0004,1004,0004,0004,0004,0004,000
  Buy Backs-89.0%1,10010,0001,7005,0005,0005,000---7,5007,500----------
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TNC Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net sales$ 311.0$ 305.8
Cost of sales173.5180.3
Gross profit137.5125.5
Selling and administrative expense89.981.7
Research and development expense10.17.9
Operating income37.535.9
Interest expense, net(2.3)(3.7)
Net foreign currency transaction loss(0.2)(0.1)
Other income (expense), net0.1(0.1)
Income before income taxes35.132.0
Income tax expense6.77.7
Net income$ 28.4$ 24.3
Net income per share  
Basic (in dollars per share)$ 1.52$ 1.32
Diluted (in dollars per share)$ 1.49$ 1.30
Weighted average shares outstanding  
Basic (in shares)18,665,57018,449,430
Diluted (in shares)19,077,76718,682,268

TNC Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash, cash equivalents, and restricted cash$ 88.8$ 117.1
Receivables, less allowances of $7.1 and $7.2, respectively257.3247.6
Inventories181.4175.9
Prepaid and other current assets33.628.5
Total current assets561.1569.1
Property, plant and equipment, less accumulated depreciation of $307.4 and $304.0, respectively184.7187.7
Operating lease assets40.441.7
Goodwill192.2187.4
Intangible assets, net72.363.1
Other assets101.064.4
Total assets1,151.71,113.4
LIABILITIES AND EQUITY  
Current portion of long-term debt7.26.4
Accounts payable124.9111.4
Employee compensation and benefits46.767.3
Other current liabilities81.688.6
Total current liabilities260.4273.7
Long-term debt207.4194.2
Long-term operating lease liabilities27.127.4
Employee benefits13.713.3
Deferred income taxes8.45.0
Other liabilities18.821.5
Total long-term liabilities275.4261.4
Total liabilities535.8535.1
Commitments and contingencies (Note 12)
Common Stock, $0.375 par value; 60,000,000 shares authorized; 19,006,838 and 18,631,384 shares issued and outstanding, respectively7.17.0
Additional paid-in capital86.564.9
Retained earnings570.5547.4
Accumulated other comprehensive loss(49.5)(42.3)
Total Tennant Company shareholders' equity614.6577.0
Noncontrolling interest1.31.3
Total equity615.9578.3
Total liabilities and total equity$ 1,151.7$ 1,113.4
TNC
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 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, IPC, VLX, 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, parking lots and streets, and other environments. It 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.
 CEO
 WEBSITEtennantco.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES4299

Tennant Co Frequently Asked Questions


What is the ticker symbol for Tennant Co? What does TNC stand for in stocks?

TNC is the stock ticker symbol of Tennant Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Tennant Co (TNC)?

As of Tue Jul 16 2024, market cap of Tennant Co is 2.06 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TNC stock?

You can check TNC's fair value in chart for subscribers.

What is the fair value of TNC stock?

You can check TNC's fair value in chart for subscribers. The fair value of Tennant Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Tennant Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TNC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Tennant Co a good stock to buy?

The fair value guage provides a quick view whether TNC is over valued or under valued. Whether Tennant Co is cheap or expensive depends on the assumptions which impact Tennant Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TNC.

What is Tennant Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jul 16 2024, TNC's PE ratio (Price to Earnings) is 18.16 and Price to Sales (PS) ratio is 1.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TNC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Tennant Co's stock?

In the past 10 years, Tennant Co has provided 0.051 (multiply by 100 for percentage) rate of return.