Tennant (TNC) Scheduled to Post Quarterly Earnings on Thursday

Tennant (NYSE:TNC) will be issuing its quarterly earnings data before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.34 per share for the quarter.

Tennant (NYSE TNC) opened at $62.30 on Tuesday. Tennant has a 1-year low of $59.00 and a 1-year high of $76.80. The company has a debt-to-equity ratio of 1.29, a current ratio of 2.09 and a quick ratio of 1.39. The company has a market cap of $1,112.15, a P/E ratio of 91.62, a P/E/G ratio of 2.73 and a beta of 0.91.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be issued a $0.21 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $0.84 annualized dividend and a yield of 1.35%. Tennant’s payout ratio is 123.53%.

TNC has been the topic of several research reports. Zacks Investment Research upgraded shares of Tennant from a “strong sell” rating to a “hold” rating in a report on Saturday, January 13th. Dougherty & Co restated a “neutral” rating on shares of Tennant in a report on Sunday, November 12th. Two research analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. Tennant currently has a consensus rating of “Hold” and an average price target of $65.00.

In other news, insider Thomas Paulson sold 6,694 shares of Tennant stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $72.90, for a total transaction of $487,992.60. Following the sale, the insider now owns 24,035 shares in the company, valued at $1,752,151.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 5.70% of the company’s stock.

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Tennant Company Profile

Tennant Company is engaged in designing, manufacturing and marketing of cleaning solutions. The Company’s segments are Americas; Europe, Middle East, Africa, and Asia Pacific. The Company offers a range of products, including floor maintenance and outdoor cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings and asset management solutions.

Earnings History for Tennant (NYSE:TNC)

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