Tennant Company
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $77.53
- Today's High:
- $78.94
- Open Price:
- $78.49
- 52W Low:
- $55.2181
- 52W High:
- $87.2484
- Prev. Close:
- $78.7
- Volume:
- 50962
Company Statistics
- Market Cap.:
- $1.46 billion
- Book Value:
- 28.079
- Revenue TTM:
- $1.18 billion
- Operating Margin TTM:
- 11.33%
- Gross Profit TTM:
- $421.20 million
- Profit Margin:
- 8.04%
- Return on Assets TTM:
- 7.84%
- Return on Equity TTM:
- 19.88%
Company Profile
Tennant Company had its IPO on 1992-03-03 under the ticker symbol TNC.
The company operates in the Industrials sector and Specialty Industrial Machinery industry. Tennant Company has a staff strength of 4,299 employees.
Stock update
Shares of Tennant Company opened at $78.49 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $77.53 - $78.94, and closed at $77.8.
This is a -1.14% slip from the previous day's closing price.
A total volume of 50,962 shares were traded at the close of the day’s session.
In the last one week, shares of Tennant Company have slipped by -6.76%.
Tennant Company's Key Ratios
Tennant Company has a market cap of $1.46 billion, indicating a price to book ratio of 2.7247 and a price to sales ratio of 1.0736.
In the last 12-months Tennant Company’s revenue was $1.18 billion with a gross profit of $421.20 million and an EBITDA of $182.50 million. The EBITDA ratio measures Tennant Company's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Tennant Company’s operating margin was 11.33% while its return on assets stood at 7.84% with a return of equity of 19.88%.
In Q2, Tennant Company’s quarterly earnings growth was a positive 88.8% while revenue growth was a positive 14.8%.
Tennant Company’s PE and PEG Ratio
- Forward PE
- 21.097
- Trailing PE
- 15.4617
- PEG
- 2.01
Its diluted EPS in the last 12-months stands at $5.09 per share while it has a forward price to earnings multiple of 21.097 and a PEG multiple of 2.01. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Tennant Company’s profitability.
Tennant Company stock is trading at a EV to sales ratio of 1.2976 and a EV to EBITDA ratio of 11.6134. Its price to sales ratio in the trailing 12-months stood at 1.0736.
Tennant Company stock pays annual dividends of $1.045 per share, indicating a yield of 1.35% and a payout ratio of 18.4%.
Balance sheet and cash flow metrics
- Total Assets
- $1.11 billion
- Total Liabilities
- $257.80 million
- Operating Cash Flow
- $-5200000.00
- Capital Expenditure
- $5.30 million
- Dividend Payout Ratio
- 18.4%
Tennant Company ended 2024 with $1.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.11 billion while shareholder equity stood at $520.60 million.
Tennant Company ended 2024 with $0 in deferred long-term liabilities, $257.80 million in other current liabilities, 7000000.00 in common stock, $503.80 million in retained earnings and $185.60 million in goodwill. Its cash balance stood at $95.80 million and cash and short-term investments were $95.80 million. The company’s total short-term debt was $5,300,000 while long-term debt stood at $272.70 million.
Tennant Company’s total current assets stands at $589.80 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $263.50 million compared to accounts payable of $113.00 million and inventory worth $198.40 million.
In 2024, Tennant Company's operating cash flow was $-5200000.00 while its capital expenditure stood at $5.30 million.
Comparatively, Tennant Company paid $0.18 in dividends in 2024.
Other key metrics
- Current Trading Price
- $77.8
- 52-Week High
- $87.2484
- 52-Week Low
- $55.2181
- Analyst Target Price
- $103.33
Tennant Company stock is currently trading at $77.8 per share. It touched a 52-week high of $87.2484 and a 52-week low of $87.2484. Analysts tracking the stock have a 12-month average target price of $103.33.
Its 50-day moving average was $80.64 and 200-day moving average was $72.12 The short ratio stood at 4.06 indicating a short percent outstanding of 0%.
Around 113.3% of the company’s stock are held by insiders while 9551.9% are held by institutions.
Frequently Asked Questions About Tennant Company
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About
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.