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.

ILLEGAL ACTIVITY NOTICE: “Tennant (TNC) Scheduled to Post Quarterly Earnings on Thursday” was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this piece of content on another website, it was stolen and republished in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.chaffeybreeze.com/2018/02/20/tennant-tnc-scheduled-to-post-quarterly-earnings-on-thursday.html.

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)

Receive News & Ratings for Tennant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tennant and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply