Is Tennant Stock a Good Investment?

Tennant Investment Advice

TNC

To provide specific investment advice or recommendations on Tennant Company stock, we recommend investors consider the following general factors when evaluating Tennant Company. This will help you to make an informed decision on whether to include Tennant in one of your diversified portfolios:

Examine Tennant's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Tennant's leadership team and their track record. Good management can help Tennant navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Tennant's business and its evolving consumer preferences.
Compare Tennant's performance and market position to its competitors. Analyze how Tennant is positioned in terms of product offerings, innovation, and market share.
Check if Tennant pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Tennant's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Tennant Company stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Tennant Company is a good investment.

Sell

Buy

Hold

Macroaxis provides recommendation on Tennant Company to complement and cross-verify current analyst consensus on Tennant Company. Our trade recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Tennant Company is not overpriced, please validate all Tennant fundamentals, including its price to sales, debt to equity, number of employees, as well as the relationship between the net income and short ratio . Given that Tennant Company has a price to earning of 23.12 X, we advise you to double-check Tennant Company market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Market Performance	Very Weak	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Very Low	Details
Economic Sensitivity	Actively responds to the market	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Strong	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Possible Manipulator	Details

Examine Tennant Stock

Researching Tennant's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are owned by institutional investors. The book value of Tennant was at this time reported as 34.29. The company has Price/Earnings To Growth (PEG) ratio of 2.01. Tennant Company recorded earning per share (EPS) of 5.67. The entity last dividend was issued on the 29th of November 2024. The firm had 2:1 split on the 26th of July 2006.

To determine if Tennant is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Tennant's research are outlined below:

	Tennant Company generated a negative expected return over the last 90 days
	Tennant Company has a strong financial position based on the latest SEC filings
	Over 95.0% of the company shares are owned by institutional investors
	Latest headline from kalkinemedia.com: Presley Tennant Embraces the Real and Raw in a Relationship in New Song Love You With The Lights On

Tennant Quarterly Gross Profit

133.8 Million

Tennant uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Tennant Company. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tennant's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	22nd of February 2024 Upcoming Quarterly Report	View
	26th of April 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	22nd of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Tennant's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Tennant's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
1993-05-04	1993-03-31	0.04	0.03	-0.01	25
2005-05-02	2005-03-31	0.18	0.2	0.02	11
2004-10-21	2004-09-30	0.14	0.16	0.02	14
1993-10-15	1993-09-30	0.18	0.16	-0.02	11
2010-04-22	2010-03-31	0.18	0.21	0.03	16
2004-04-22	2004-03-31	0.11	0.14	0.03	27
2002-07-23	2002-06-30	0.15	0.18	0.03	20
1994-10-17	1994-09-30	0.17	0.2	0.03	17

Know Tennant's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Tennant is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tennant Company backward and forwards among themselves. Tennant's institutional investor refers to the entity that pools money to purchase Tennant's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Gamco Investors, Inc. Et Al	2024-09-30	474.8 K
Geode Capital Management, Llc	2024-09-30	436.9 K
Nuveen Asset Management, Llc	2024-06-30	351 K
Charles Schwab Investment Management Inc	2024-09-30	253.1 K
Assenagon Asset Management Sa	2024-09-30	233.6 K
Bank Of New York Mellon Corp	2024-06-30	193.4 K
Northern Trust Corp	2024-09-30	187 K
Prudential Financial Inc	2024-09-30	183.6 K
Gabelli Funds Llc	2024-09-30	170.4 K
Blackrock Inc	2024-06-30	3.1 M
Vanguard Group Inc	2024-09-30	2.4 M

Note, although Tennant's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Tennant's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.69 B.

Market Cap

1.8 Billion

Tennant's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.13	0.09
Return On Capital Employed	0.17	0.18
Return On Assets	0.10	0.08
Return On Equity	0.19	0.14

The company has Net Profit Margin of 0.09 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.

Determining Tennant's profitability involves analyzing its financial statements and using various financial metrics to determine if Tennant is a good buy. For example, gross profit margin measures Tennant's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Tennant's profitability and make more informed investment decisions.

Tennant's Earnings Breakdown by Geography

Please note, the presentation of Tennant's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tennant's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Tennant's management manipulating its earnings.

Evaluate Tennant's management efficiency

Tennant Company has Return on Asset of 0.0733 % which means that on every $100 spent on assets, it made $0.0733 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1809 %, implying that it generated $0.1809 on every 100 dollars invested. Tennant's management efficiency ratios could be used to measure how well Tennant manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.18, whereas Return On Tangible Assets are forecasted to decline to 0.09. At present, Tennant's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 73.7 M, whereas Intangible Assets are forecasted to decline to about 45.1 M.

	Last Reported	Projected for Next Year
Book Value Per Share	31.24	32.81
Tangible Book Value Per Share	17.71	18.60
Enterprise Value Over EBITDA	9.56	15.26
Price Book Value Ratio	2.97	2.30
Enterprise Value Multiple	9.56	15.26
Price Fair Value	2.97	2.30
Enterprise Value	1.8 B	1.9 B

Leadership effectiveness at Tennant Company is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.

Dividend Yield

0.0132

Forward Dividend Yield

0.0132

Forward Dividend Rate

1.18

Beta

0.997

Basic technical analysis of Tennant Stock

As of the 24th of November, Tennant has the Risk Adjusted Performance of (0.01), coefficient of variation of (5,196), and Variance of 3.54. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tennant Company, as well as the relationship between them.

Tennant's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tennant insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tennant's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tennant insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		David Huml over a week ago Disposition of 2165 shares by David Huml of Tennant at 110.81 subject to Rule 16b-3
		Barb Balinski over two months ago Disposition of 1500 shares by Barb Balinski of Tennant at 96.6053 subject to Rule 16b-3
		Carol Eicher over six months ago Acquisition by Carol Eicher of 1073 shares of Tennant subject to Rule 16b-3
		Fay West over six months ago Disposition of 1128 shares by Fay West of Tennant at 106.99 subject to Rule 16b-3
		Kristin Erickson over six months ago Disposition of 556 shares by Kristin Erickson of Tennant at 110.0 subject to Rule 16b-3
		Kristin Erickson over six months ago Disposition of 556 shares by Kristin Erickson of Tennant at 73.2 subject to Rule 16b-3
		Kristin Erickson over six months ago Disposition of 1270 shares by Kristin Erickson of Tennant at 66.97 subject to Rule 16b-3
		David Huml over six months ago Disposition of 13093 shares by David Huml of Tennant at 67.7 subject to Rule 16b-3
		David Huml over six months ago Disposition of 2165 shares by David Huml of Tennant at 110.81 subject to Rule 16b-3
		Richard Zay over a year ago Exercise or conversion by Richard Zay of 4055 shares of Tennant subject to Rule 16b-3
		Richard Zay over a year ago Acquisition by Richard Zay of 3887 shares of Tennant subject to Rule 16b-3

Tennant's Outstanding Corporate Bonds

Tennant issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tennant Company uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tennant bonds can be classified according to their maturity, which is the date when Tennant Company has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Pactiv 8375 percent Corp Bond US880394AE11	View
	Pactiv 795 percent Corp Bond US880394AB71	View
	Boeing Co 2196 Corp Bond US097023DG73	View
	THC 5125 01 NOV 27 Corp Bond US88033GDB32	View
	THC 6125 01 OCT 28 Corp Bond US88033GDK31	View
	THC 425 01 JUN 29 Corp Bond US88033GDM96	View
	THC 4625 15 JUN 28 Corp Bond US88033GDH02	View
	THC 625 01 FEB 27 Corp Bond US88033GDS66	View

View All Tennant Corporate Bonds

Understand Tennant's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Tennant's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	(0.01)
	Market Risk Adjusted Performance	(0.02)
	Mean Deviation	1.32
	Coefficient Of Variation	(5,196)
	Standard Deviation	1.88
	Variance	3.54
	Information Ratio	(0.09)
	Jensen Alpha	(0.25)
	Total Risk Alpha	(0.34)
	Treynor Ratio	(0.03)
	Maximum Drawdown	12.4
	Value At Risk	(2.88)
	Potential Upside	2.56
	Skewness	1.05
	Kurtosis	5.77

	Risk Adjusted Performance	(0.01)
	Market Risk Adjusted Performance	(0.02)
	Mean Deviation	1.32
	Coefficient Of Variation	(5,196)
	Standard Deviation	1.88
	Variance	3.54
	Information Ratio	(0.09)
	Jensen Alpha	(0.25)
	Total Risk Alpha	(0.34)
	Treynor Ratio	(0.03)
	Maximum Drawdown	12.4
	Value At Risk	(2.88)
	Potential Upside	2.56
	Skewness	1.05
	Kurtosis	5.77

Consider Tennant's intraday indicators

Tennant intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tennant stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0258
	Daily Balance Of Power	0.766
	Rate Of Daily Change	1.02
	Day Median Price	89.76
	Day Typical Price	89.73
	Market Facilitation Index	2.35
	Price Action Indicator	0.83
	Period Momentum Indicator	1.8
	Relative Strength Index	31.5

Tennant Corporate Filings

10Q	1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations	View Verify
8K	31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
F4	30th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
	27th of June 2024 Other Reports	View Verify

Tennant time-series forecasting models is one of many Tennant's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tennant's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Tennant Stock media impact

Far too much social signal, news, headlines, and media speculation about Tennant that are available to investors today. That information is available publicly through Tennant media outlets and privately through word of mouth or via Tennant internal channels. However, regardless of the origin, that massive amount of Tennant data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Tennant news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Tennant relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Tennant's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Tennant alpha.

Tennant Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Tennant can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Tennant Company Historical Investor Sentiment

Investor biases related to Tennant's public news can be used to forecast risks associated with an investment in Tennant. The trend in average sentiment can be used to explain how an investor holding Tennant can time the market purely based on public headlines and social activities around Tennant Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Tennant's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tennant and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Tennant news discussions. The higher the estimate score, the more favorable the investor's outlook on Tennant.

Tennant Corporate Directors

Donal Mulligan	Independent Director	Profile
Carol Eicher	Independent Director	Profile
David Windley	Independent Director	Profile
Azita Arvani	Independent Director	Profile

When determining whether Tennant Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tennant's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tennant Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tennant Company Stock: