28-Mar-2024
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Tennant Company to Host Investor Day on May 13, 2024
Business Wire (Wed, 20-Mar 9:00 AM ET)
Business Wire (Fri, 1-Mar 2:00 AM ET)
Tennant Company Reports Record 2023 Fourth-Quarter and Full-Year Results
Business Wire (Thu, 22-Feb 8:55 AM ET)
Business Wire (Thu, 22-Feb 8:45 AM ET)
Tennant Company Declares Regular Quarterly Cash Dividend
Business Wire (Tue, 13-Feb 4:30 PM ET)
Business Wire (Tue, 13-Feb 9:00 AM ET)
Tennant Company to Report Fourth Quarter and Full-Year Fiscal 2023 Results on February 22, 2024
Business Wire (Thu, 8-Feb 9:00 AM ET)
Tennant Company Unveils New T1581 Ride-on Scrubber Designed for Cleaning in Industrial Settings
Business Wire (Tue, 30-Jan 9:00 AM ET)
Tennant Co is a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in four geographic business units including North America; Latin America; Europe, Middle East, Africa; and Asia Pacific. The company offers products and solutions consisting of mechanized cleaning equipment, detergent-free, and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.
Tennant Company trades on the NYSE stock market under the symbol TNC.
As of March 28, 2024, TNC stock price climbed to $121.61 with 125,581 million shares trading.
TNC has a beta of 1.44, meaning it tends to be more sensitive to market movements. TNC has a correlation of 0.39 to the broad based SPY ETF.
TNC has a market cap of $2.31 billion. This is considered a Mid Cap stock.
Last quarter Tennant Company reported $311 million in Revenue and $1.92 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.67.
In the last 3 years, TNC stock traded as high as $123.22 and as low as $54.90.
The top ETF exchange traded funds that TNC belongs to (by Net Assets): IJR, VTI, IWM, VB, VXF.
TNC has outperformed the market in the last year with a price return of +88.3% while the SPY ETF gained +33.6%. TNC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +31.4% and +7.9%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
TNC support price is $119.16 and resistance is $123.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TNC stock will trade within this expected range on the day.