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Tennant (TNC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

TNC Stock Forecast

Tennant (TNC) stock forecast, based on 2 Wall Street analysts, predicts a 12-month average price target of $140.00, with a high of $140.00 and a low of $140.00. This represents a 62.77% increase from the last price of $86.01.

$80 $92 $104 $116 $128 $140 High: $140 Avg: $140 Low: $140 Last Closed Price: $86.01

TNC Stock Rating

Tennant stock's rating consensus is Buy, based on 2 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 2 0 2 Strong Sell Sell Hold Buy Strong Buy

TNC Forecast vs Benchmarks

TypeNameUpside
StockTennant62.77%
SectorIndustrials Stocks 15.95%
IndustryIndustrial Machinery Stocks10.90%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$140.00
Last Closing Price$86.01$86.01$86.01
Upside/Downside--62.77%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2512---3
Dec, 2412---3
Nov, 24112--4
Oct, 24112--4
Sep, 24112--4
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 16, 2024Thomas HayesC.L. King$140.00$105.4832.73%62.77%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
May 06, 2024EF HuttonBuyBuyhold
Feb 26, 2024EF HuttonBuyBuyhold
Nov 01, 2023CJS SecuritiesOutperformupgrade

Financial Forecast

EPS Forecast

$1 $2 $3 $4 $5 $6 $7 $8 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$1.84$3.51$3.58$5.92---
Avg Forecast$2.92$4.31$3.85$5.90$6.42$6.58$7.26
High Forecast$2.91$4.28$3.79$5.76$6.26$6.42$6.59
Low Forecast$2.94$4.33$3.90$6.02$6.54$6.71$7.93
Surprise %-36.99%-18.56%-7.01%0.34%---

Revenue Forecast

$950M $1B $1B $1B $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$1.00B$1.09B$1.09B$1.24B---
Avg Forecast$999.88M$1.10B$1.09B$1.24B$1.28B$1.33B$1.37B
High Forecast$996.12M$1.09B$1.08B$1.22B$1.26B$1.30B$1.34B
Low Forecast$1.00B$1.10B$1.10B$1.26B$1.30B$1.35B$1.39B
Surprise %0.11%-0.45%-0.02%0.10%---

Net Income Forecast

$0 $30M $60M $90M $120M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$33.70M$64.90M$66.30M$109.50M---
Avg Forecast$50.18M$80.86M$37.90M$109.50M$120.18M$123.24M$124.50M
High Forecast$40.14M$80.47M$30.32M$87.60M$117.52M$120.51M$123.74M
Low Forecast$60.22M$81.26M$45.48M$131.40M$122.84M$125.97M$149.00M
Surprise %-32.84%-19.74%74.93%----

TNC Forecast FAQ

Is Tennant stock a buy?

Tennant stock has a consensus rating of Buy, based on 2 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Tennant is a favorable investment for most analysts.

What is Tennant's price target?

Tennant's price target, set by 2 Wall Street analysts, averages $140 over the next 12 months. The price target range spans from $140 at the low end to $140 at the high end, suggesting a potential 62.77% change from the previous close price of $86.01.

How does Tennant stock forecast compare to the average forecast of its sector, industry, and investment themes?

Tennant stock forecast shows a 62.77% upside, outperforming the average forecast for the industrials stocks sector (15.95%) and outperforming the industrial machinery stocks industry (10.90%).

What is the breakdown of analyst ratings for Tennant over the past three months?

  • January 2025: 33.33% Strong Buy, 66.67% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 33.33% Strong Buy, 66.67% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 25.00% Strong Buy, 25.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Tennant’s EPS forecast?

Tennant's average annual EPS forecast for its fiscal year ending in December is 6.42 for 2024, a 8.45% increase from the reported $5.92 in 2023. The prediction for 2025 is $6.58, and $7.26 for 2026.

What is Tennant’s revenue forecast?

Tennant's average annual revenue forecast for its fiscal year ending in December is $1.28B for 2024, a 3.01% increase from the reported $1.24B in 2023. The forecast for 2025 is $1.33B, and $1.37B for 2026.

What is Tennant’s net income forecast?

For its fiscal year ending in December, Tennant's average annual net income forecast is $120.18M for 2024, reflecting an 9.75% increase from the reported $109.5M in 2023. The projection for 2025 is $123.24M, and $124.5M for 2026.