DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION
Loading...
  • Stocks
  • /
  • Capital Goods
Updated 2h ago
TNC logo

Tennant CompanyNYSE:TNC Stock Report

Market Cap US$1.2b
Updated 2h ago
Share Price
n/a
1Y-15.2%
7D-4.5%
1D-0.4%
Portfolio Value
​
View

Tennant Company

NYSE:TNC Stock Report

Market Cap: US$1.2b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Tennant (TNC) Stock Overview

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More details

TNC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends3/6

Rewards

Trading at 13% below our estimate of its fair value

Earnings are forecast to grow 58.98% per year

Analysts in good agreement that stock price will rise by 27.7%

Risk Analysis

Dividend of 1.8% is not well covered by earnings or free cash flows

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Profit margins (1.5%) are lower than last year (4.8%)


TNC Community Fair Values

Create Narrative

See what 31 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystLowTarget
10.7% undervalued intrinsic discount
AnalystLowTarget
•21d ago

Tariffs And Competition Will Strain Automation Markets But Spark Hope

37
0
1
AN
AnalystConsensusTarget
21.7% undervalued intrinsic discount
AnalystConsensusTarget
•5d ago

Autonomous Robots And Sustainable Cleaning Will Expand Market Reach

308
0
13
AN
AnalystHighTarget
26.1% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Automation And ESG Focus Will Unlock Global AMR Demand

35
0
0

Top Analyst Narratives

AN
AnalystLowTarget
10.7% undervalued intrinsic discount
AnalystLowTarget
•21d ago

Tariffs And Competition Will Strain Automation Markets But Spark Hope

37
0
1
AN
AnalystConsensusTarget
21.7% undervalued intrinsic discount
AnalystConsensusTarget
•5d ago

Autonomous Robots And Sustainable Cleaning Will Expand Market Reach

308
0
13
AN
AnalystHighTarget
26.1% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Automation And ESG Focus Will Unlock Global AMR Demand

35
0
0
View all narratives

Tennant Company Competitors

Hillman Solutions

Symbol: NasdaqGM:HLMN
Market cap: US$1.4b

Enerpac Tool Group

Symbol: NYSE:EPAC
Market cap: US$1.8b

Graham

Symbol: NYSE:GHM
Market cap: US$1.0b

Proto Labs

Symbol: NYSE:PRLB
Market cap: US$1.9b

Price History & Performance

Summary of share price highs, lows and changes for Tennant
Historical stock prices
Current Share PriceUS$68.74
52 Week HighUS$91.93
52 Week LowUS$60.18
Beta1.11
1 Month Change-0.74%
3 Month Change-20.88%
1 Year Change-15.17%
3 Year Change-10.42%
5 Year Change-4.41%
Change since IPO1,257.83%

Recent News & Updates

User avatar
Narrative Update • Sep 06

TNC: Completed Buybacks And Updated Guidance Will Support Long Term Upside

The analyst price target for Tennant has been reduced to $87.75 from $93.50, with analysts citing updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E as the key drivers of the change. What’s in the News for Tennant Tennant updated 2026 guidance and now expects full year net sales of US$1,270 million to US$1,310 million and diluted net income per share of US$2.15 to US$2.80.
User avatar
Narrative Update • Aug 21

TNC: 2026 Guidance And Buybacks Will Shape Returns Into 2027

Analysts have trimmed their price target on Tennant to $77 from $85, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News for Tennant Tennant updated earnings guidance for fiscal 2026, indicating full year net sales guidance of $1,270 million to $1,310 million and diluted net income per share guidance of $2.15 to $2.80.
Analysis Article • Aug 09

Tennant Company Just Missed EPS By 62%: Here's What Analysts Think Will Happen Next

It's been a mediocre week for Tennant Company ( NYSE:TNC ) shareholders, with the stock dropping 12% to US$73.89 in the...

Recent updates

User avatar
Narrative Update • Sep 06

TNC: Completed Buybacks And Updated Guidance Will Support Long Term Upside

The analyst price target for Tennant has been reduced to $87.75 from $93.50, with analysts citing updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E as the key drivers of the change. What’s in the News for Tennant Tennant updated 2026 guidance and now expects full year net sales of US$1,270 million to US$1,310 million and diluted net income per share of US$2.15 to US$2.80.
User avatar
Narrative Update • Aug 21

TNC: 2026 Guidance And Buybacks Will Shape Returns Into 2027

Analysts have trimmed their price target on Tennant to $77 from $85, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News for Tennant Tennant updated earnings guidance for fiscal 2026, indicating full year net sales guidance of $1,270 million to $1,310 million and diluted net income per share guidance of $2.15 to $2.80.
Analysis Article • Aug 09

Tennant Company Just Missed EPS By 62%: Here's What Analysts Think Will Happen Next

It's been a mediocre week for Tennant Company ( NYSE:TNC ) shareholders, with the stock dropping 12% to US$73.89 in the...
User avatar
Narrative Update • Aug 07

TNC: Robotics Rollout And ERP Recovery Will Ultimately Unlock Margin Upside

Analysts have reduced their price target on Tennant to $93 from $99 after updated assumptions led to revised expectations for fair value, discount rate, revenue growth, profit margin and future P/E. What’s in the News for Tennant Tennant Company is the subject of a securities fraud investigation by Bleichmar Fonti & Auld LLP after operational disruptions from a new ERP system rollout in North America led to a reported 23% drop in the stock price and significant impacts on order processing, shipping and related remediation costs.
User avatar
Narrative Update • Jun 26

TNC: Buybacks And Robotics Expansion Will Support Balanced Long Term Outlook

The analyst price target for Tennant has been revised from $83.75 to $93.50. Analysts cite updated assumptions around profit margin, discount rate, revenue growth, and future P/E as key drivers of the change.
Seeking Alpha • Jun 26

Tennant Company Offers Growth And Value

Summary Tennant Company remains a 'buy' after a 34.7% rally, with shares still attractively valued versus peers. Management guides for 2026 revenue of $1.24–$1.28 billion and adjusted EPS of $4.70–$5.30, anticipating improved profitability. TNC is investing in autonomous robotic machines, targeting $250 million in AMR revenue by 2028, up from $27 million this quarter. Despite margin pressure and recent profit declines, robust buybacks and long-term growth initiatives support continued bullishness. Read the full article on Seeking Alpha
User avatar
Narrative Update • Jun 11

TNC: ERP Legal Risks And Robotics Expansion Will Shape Returns Into 2026

Analysts have revised their price target for Tennant from $67 to $85, citing updated assumptions around revenue growth, profit margins, and a slightly higher future P/E multiple as key drivers of the change. What's in the News Bleichmar Fonti & Auld LLP is investigating Tennant Company for potential securities fraud related to its ERP system rollout, after the company previously indicated the implementation was progressing smoothly but later reported operational disruptions that led to significant lost sales and order processing issues (source: BFA Law).
User avatar
Narrative Update • May 28

TNC: Robotics Expansion And Guidance Confidence Will Ultimately Unlock Margin Upside

Analysts have kept their price target for Tennant steady at $99.00. They cite only small updates to assumptions around discount rate, revenue growth, profit margin and future P/E that do not materially change their overall view.
User avatar
Narrative Update • May 08

TNC: Tariff And Shipment Pressures Will Ultimately Unlock Margin Upside

Analysts now place Tennant's fair value at $99, up from $91. This reflects updated views on its margin outlook and longer term cash generation following recent research commentary that highlighted near term profitability and cash flow pressures.
User avatar
Narrative Update • Apr 24

TNC: Tariff And Shipment Headwinds Will Set Stage For Future Upside

Analysts have reduced Tennant's average price target, with one firm lowering its view from $93 to $67 after a "weak" Q4 report and concerns that shipment constraints, stabilization costs, and tariff inflation could weigh on profitability and cash flow into 2026. Analyst Commentary Recent research points to a more cautious stance on Tennant, with the average price target reduced and one firm moving its rating to Hold while trimming its target from $93 to $67.
User avatar
Narrative Update • Apr 10

TNC: Profitability And Cash Flow Headwinds Will Pressure Shares Into 2026

Analysts have cut Tennant's price target from $93 to $67, citing weaker Q4 results and ongoing pressure on near-term profitability and cash flow from shipment constraints, stabilization costs, and tariff inflation, which they expect to continue into 2026. Analyst Commentary Bearish analysts are signaling a shift in sentiment on Tennant, pointing to weaker recent results and a tougher setup for the next couple of years.
User avatar
Narrative Update • Mar 27

TNC: Shipment And Tariff Pressures Will Set Stage For Future Upside

Analysts have reduced Tennant's fair value estimate from $125.00 to $91.00, citing weaker Q4 results and expectations for continued pressure on near term profitability and cash flow due to shipment constraints, stabilization costs, and tariff inflation. Analyst Commentary Recent research points to a more cautious stance on Tennant, with at least one firm moving to a Hold rating and resetting its price target to $67 from $93 after the latest Q4 report.
User avatar
Narrative Update • Mar 12

TNC: Reset Margins And Buybacks Will Support Long Term Upside

Analysts have reset Tennant's fair value estimate from $99 to $83.75, citing lower expected profit margins and near term pressure on profitability and cash flow following what they view as a weak Q4 and ongoing shipment, stabilization, and tariff headwinds that some expect to extend into 2026. Analyst Commentary Recent research has shifted sentiment around Tennant, with the latest report cutting the rating to Hold and lowering the price target to US$67 from US$93 following what is characterized as a weak Q4.
User avatar
Narrative Update • Feb 26

TNC: Share Repurchases And 2026 Earnings Outlook Will Support Bullish Case

Analysts have reset their fair value estimate for Tennant to $99 from $109, reflecting the use of a higher discount rate and updated assumptions for revenue growth, profit margins, and future P/E. What's in the News Tennant issued 2026 earnings guidance, calling for net sales of $1.24b to $1.28b and diluted net income per share of $4.05 to $4.65 (Key Developments).
Analysis Article • Jan 27

Tennant's (NYSE:TNC) Returns Have Hit A Wall

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Nov 07

Tennant Company Just Missed Earnings - But Analysts Have Updated Their Models

Last week, you might have seen that Tennant Company ( NYSE:TNC ) released its third-quarter result to the market. The...
Analysis Article • Nov 04

Tennant's (NYSE:TNC) Upcoming Dividend Will Be Larger Than Last Year's

The board of Tennant Company ( NYSE:TNC ) has announced that it will be increasing its dividend by 5.1% on the 15th of...
Analysis Article • Sep 26

Tennant Company's (NYSE:TNC) Price In Tune With Earnings

Tennant Company's ( NYSE:TNC ) price-to-earnings (or "P/E") ratio of 24.2x might make it look like a sell right now...
User avatar
Narrative Update • Aug 27

Autonomous Robots And Sustainable Cleaning Will Expand Market Reach

Despite stronger revenue growth forecasts, a substantial decline in net profit margin has driven a reduction in Tennant’s consensus analyst price target from $125.00 to $109.00. What's in the News Tennant completed the repurchase of 179,824 shares for $13.28 million under its 2016 buyback program, totaling 791,635 shares and $66.88 million; no shares were repurchased under the 2025 program.
Analysis Article • Aug 10

Tennant Company Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

NYSE:TNC 1 Year Share Price vs Fair Value Explore Tennant's Fair Values from the Community and select yours The...
Analysis Article • Jul 29

These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jul 14

At US$83.62, Is Tennant Company (NYSE:TNC) Worth Looking At Closely?

Tennant Company ( NYSE:TNC ), might not be a large cap stock, but it saw a significant share price rise of 23% in the...
Analysis Article • May 24

Returns Are Gaining Momentum At Tennant (NYSE:TNC)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analysis Article • May 04

Earnings Miss: Tennant Company Missed EPS By 28% And Analysts Are Revising Their Forecasts

Tennant Company ( NYSE:TNC ) just released its latest first-quarter report and things are not looking great. Results...
Analysis Article • Apr 23

It's Unlikely That Shareholders Will Increase Tennant Company's (NYSE:TNC) Compensation By Much This Year

Key Insights Tennant will host its Annual General Meeting on 29th of April Salary of US$947.5k is part of CEO Dave...
Analysis Article • Apr 10

Is Tennant Company (NYSE:TNC) Trading At A 35% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Tennant fair value estimate is US$114 Current share price of...
Analysis Article • Mar 26

Here's Why Tennant (NYSE:TNC) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

TNCUS MachineryUS Market
7D-4.5%-1.6%-2.2%
1Y-15.2%26.4%13.1%

Return vs Industry: TNC underperformed the US Machinery industry which returned 26.4% over the past year.

Return vs Market: TNC underperformed the US Market which returned 13.1% over the past year.

Price Volatility

Is TNC's price volatile compared to industry and market?
TNC volatility
TNC Average Weekly Movement5.9%
Machinery Industry Average Movement6.1%
Market Average Movement6.9%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: TNC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TNC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18704,484Dave Humlwww.tennantco.com

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 manual and autonomous mechanized cleaning equipment for industrial and commercial use, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, and equipment maintenance and repair services. It also provides business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.

Tennant Company Fundamentals Summary

How do Tennant's earnings and revenue compare to its market cap?
TNC fundamental statistics
Market capUS$1.18b
Earnings (TTM)US$18.30m
Revenue (TTM)US$1.22b
64.0x
P/E Ratio
1.0x
P/S Ratio

Is TNC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNC income statement (TTM)
RevenueUS$1.22b
Cost of RevenueUS$745.10m
Gross ProfitUS$471.70m
Other ExpensesUS$453.40m
EarningsUS$18.30m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.07
Gross Margin38.77%
Net Profit Margin1.50%
Debt/Equity Ratio66.8%

How did TNC perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
118%
Payout Ratio

Does TNC pay a reliable dividends?

See TNC dividend history and benchmarks
When do you need to buy TNC by to receive an upcoming dividend?
Tennant dividend dates
Ex Dividend DateAug 31 2026
Dividend Pay DateSep 15 2026
Days until Ex dividend12 days
Days until Dividend pay date3 days

Does TNC pay a reliable dividends?

See TNC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 23:37
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tennant Company is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael ShliskyColliers Securities
Dmitriy PozdnyakovFreedom Broker
Scott GrahamJefferies LLC

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide