Tennant Company (TNC) Stock Forecast, Price Target & Predictions
TNC Stock Forecast
Tennant Company stock forecast is as follows: an average price target of $140.00 (represents a 56.09% upside from TNC’s last price of $89.69) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
TNC Price Target
The average price target for Tennant Company (TNC) is $140.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $140.00 to $140.00. This represents a potential 56.09% upside from TNC's last price of $89.69.
TNC Analyst Ratings
According to 2 Wall Street analysts, Tennant Company's rating consensus is 'Buy'. The analyst rating breakdown for TNC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Tennant Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 16, 2024 | Thomas Hayes | C.L. King | - | - | 32.73% | 56.09% |
The latest Tennant Company stock forecast, released on May 16, 2024 by Thomas Hayes from C.L. King, set a price target of $140.00, which represents a 32.73% increase from the stock price at the time of the forecast ($105.48), and a 56.09% increase from TNC last price ($89.69).
Tennant Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $140.00 |
| Last Closing Price | $89.69 | $89.69 | $89.69 |
| Upside/Downside | -100.00% | -100.00% | 56.09% |
In the current month, the average price target of Tennant Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Tennant Company's last price of $89.69. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 06, 2024 | EF Hutton | Buy | Buy | Hold |
| Feb 26, 2024 | EF Hutton | Buy | Buy | Hold |
| Nov 01, 2023 | CJS Securities | Outperform | Upgrade |
Tennant Company's last stock rating was published by EF Hutton on May 06, 2024. The company gave TNC a "Buy" rating, the same as its previous rate.
Tennant Company Financial Forecast
Tennant Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $304.70M | $321.70M | $305.80M | $291.00M | $262.90M | $280.20M | $258.10M | $276.40M | $272.00M | $279.10M | $263.30M | $273.00M | $261.90M | $214.00M | $252.10M | $294.80M | $280.70M |
| Avg Forecast | $335.59M | $333.33M | $331.09M | $328.86M | $335.85M | $324.95M | $341.55M | $318.20M | $323.80M | $319.40M | $327.00M | $310.43M | $309.87M | $296.60M | $291.67M | $272.53M | $291.20M | $287.17M | $274.20M | $279.50M | $281.35M | $273.95M | $271.35M | $244.70M | $271.88M | $237.67M | $230.05M | $256.63M | $294.80M | $285.90M |
| High Forecast | $338.21M | $335.93M | $333.67M | $331.43M | $338.47M | $327.49M | $344.22M | $320.68M | $326.33M | $321.89M | $329.55M | $310.43M | $312.29M | $305.00M | $293.94M | $274.66M | $293.47M | $287.17M | $274.20M | $279.50M | $281.35M | $273.95M | $271.35M | $244.70M | $271.88M | $237.67M | $230.05M | $256.63M | $294.80M | $285.90M |
| Low Forecast | $332.97M | $330.73M | $328.50M | $326.29M | $333.23M | $322.41M | $338.88M | $315.72M | $321.27M | $316.91M | $324.45M | $310.43M | $307.45M | $285.50M | $289.39M | $270.41M | $288.93M | $287.17M | $274.20M | $279.50M | $281.35M | $273.95M | $271.35M | $244.70M | $271.88M | $237.67M | $230.05M | $256.63M | $294.80M | $285.90M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.10% | 1.12% | 1.00% | 0.92% | 1.02% | 0.92% | 0.98% | 0.99% | 1.03% | 1.08% | 1.00% | 1.10% | 0.93% | 0.98% | 1.00% | 0.98% |
Tennant Company's average Quarter revenue forecast for Dec 23 based on 1 analysts is $309.87M, with a low forecast of $307.45M, and a high forecast of $312.29M. TNC's average Quarter revenue forecast represents a 1.70% increase compared to the company's last Quarter revenue of $304.70M (Sep 23).
Tennant Company EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $34.70M | $43.50M | $48.00M | $28.90M | $33.30M | $30.90M | $27.10M | $25.80M | $36.00M | $20.10M | $51.20M | $22.70M | $31.80M | $36.10M | $24.50M | $33.30M | $35.00M |
| Avg Forecast | $42.50M | $42.21M | $41.93M | $41.65M | $42.53M | $41.15M | $43.25M | $40.30M | $41.00M | $40.45M | $41.41M | $39.23M | $39.24M | $37.56M | $36.94M | $35.66M | $24.78M | $36.36M | $34.71M | $32.42M | $35.62M | $34.68M | $34.35M | $33.75M | $34.42M | $30.09M | $29.12M | $20.50M | $37.32M | $36.19M |
| High Forecast | $42.83M | $42.54M | $42.26M | $41.97M | $42.86M | $41.47M | $43.59M | $40.61M | $41.32M | $40.76M | $41.73M | $47.08M | $39.55M | $38.62M | $37.22M | $42.80M | $29.73M | $36.36M | $34.71M | $38.91M | $35.62M | $34.68M | $34.35M | $40.50M | $34.42M | $30.09M | $29.12M | $24.60M | $37.32M | $36.19M |
| Low Forecast | $42.17M | $41.88M | $41.60M | $41.32M | $42.20M | $40.83M | $42.92M | $39.98M | $40.68M | $40.13M | $41.09M | $31.38M | $38.93M | $36.15M | $36.65M | $28.53M | $19.82M | $36.36M | $34.71M | $25.94M | $35.62M | $34.68M | $34.35M | $27.00M | $34.42M | $30.09M | $29.12M | $16.40M | $37.32M | $36.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.18% | 1.35% | 1.17% | 0.92% | 0.89% | 0.84% | 0.72% | 1.04% | 0.59% | 1.52% | 0.66% | 1.06% | 1.24% | 1.20% | 0.89% | 0.97% |
1 analysts predict TNC's average Quarter EBITDA for Dec 23 to be $39.24M, with a high of $39.55M and a low of $38.93M. This is 13.08% upper than Tennant Company's previous annual EBITDA (Sep 23) of $34.70M.
Tennant Company Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.90M | $31.30M | $24.30M | $23.80M | $15.60M | $16.60M | $10.30M | $7.90M | $21.50M | $9.80M | $25.70M | $2.50M | $11.70M | $14.30M | $5.20M | $11.00M | $14.60M |
| Avg Forecast | $33.22M | $31.89M | $33.61M | $31.31M | $30.17M | $28.74M | $33.22M | $29.40M | $25.68M | $27.40M | $32.75M | $14.59M | $23.93M | $21.96M | $22.09M | $13.26M | $7.59M | $21.13M | $16.61M | $12.06M | $12.00M | $16.52M | $18.53M | $16.94M | $9.51M | $7.87M | $7.11M | $4.35M | $11.62M | $8.55M |
| High Forecast | $33.56M | $32.21M | $33.95M | $31.63M | $30.47M | $29.03M | $33.56M | $29.70M | $25.94M | $28.42M | $33.08M | $17.50M | $24.17M | $22.91M | $22.43M | $15.91M | $9.10M | $21.13M | $16.61M | $14.47M | $12.00M | $16.52M | $18.98M | $20.33M | $9.51M | $7.87M | $7.11M | $5.22M | $11.62M | $8.55M |
| Low Forecast | $32.89M | $31.56M | $33.26M | $31.00M | $29.86M | $28.44M | $32.89M | $29.11M | $25.42M | $26.38M | $32.41M | $11.67M | $23.69M | $21.39M | $21.75M | $10.61M | $6.07M | $21.13M | $16.61M | $9.64M | $12.00M | $16.52M | $18.09M | $13.55M | $9.51M | $7.87M | $7.11M | $3.48M | $11.62M | $8.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.42% | 1.83% | 3.14% | 0.74% | 1.00% | 0.85% | 0.66% | 1.30% | 0.53% | 1.52% | 0.26% | 1.49% | 2.01% | 1.20% | 0.95% | 1.71% |
Tennant Company's average Quarter net income forecast for Dec 23 is $23.93M, with a range of $23.69M to $24.17M. TNC's average Quarter net income forecast represents a 4.50% increase compared to the company's last Quarter net income of $22.90M (Sep 23).
Tennant Company SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $88.20M | $87.00M | $81.70M | $79.20M | $71.40M | $79.10M | $76.60M | $89.20M | $76.90M | $86.20M | $69.60M | $91.60M | $79.00M | $61.10M | $82.30M | $90.20M | $84.30M |
| Avg Forecast | $99.79M | $99.12M | $98.45M | $97.79M | $99.87M | $96.62M | $101.56M | $94.62M | $96.28M | $94.97M | $97.23M | $108.48M | $92.14M | $88.19M | $86.73M | $98.62M | $85.66M | $85.39M | $81.53M | $89.66M | $83.66M | $81.46M | $80.69M | $45.88M | $80.84M | $70.67M | $68.41M | $68.86M | $87.66M | $85.01M |
| High Forecast | $100.57M | $99.89M | $99.22M | $98.55M | $100.65M | $97.38M | $102.35M | $95.36M | $97.03M | $95.72M | $97.99M | $130.18M | $92.86M | $90.69M | $87.40M | $118.35M | $102.79M | $85.39M | $81.53M | $107.59M | $83.66M | $81.46M | $80.69M | $55.06M | $80.84M | $70.67M | $68.41M | $82.64M | $87.66M | $85.01M |
| Low Forecast | $99.01M | $98.34M | $97.68M | $97.02M | $99.09M | $95.87M | $100.77M | $93.88M | $95.53M | $94.23M | $96.48M | $86.79M | $91.42M | $84.89M | $86.05M | $78.90M | $68.53M | $85.39M | $81.53M | $71.73M | $83.66M | $81.46M | $80.69M | $36.70M | $80.84M | $70.67M | $68.41M | $55.09M | $87.66M | $85.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 0.83% | 0.92% | 0.84% | 0.97% | 0.85% | 1.07% | 0.94% | 1.07% | 1.52% | 1.13% | 1.12% | 0.89% | 1.20% | 1.03% | 0.99% |
Tennant Company's average Quarter SG&A projection for Dec 23 is $92.14M, based on 1 Wall Street analysts, with a range of $91.42M to $92.86M. The forecast indicates a 4.47% rise compared to TNC last annual SG&A of $88.20M (Sep 23).
Tennant Company EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.23 | $1.70 | $1.32 | $1.29 | $0.84 | $0.90 | $0.56 | $0.43 | $1.16 | $0.53 | $1.39 | $0.14 | $0.64 | $0.78 | $0.28 | $0.60 | $0.81 |
| Avg Forecast | $1.74 | $1.67 | $1.76 | $1.64 | $1.58 | $1.50 | $1.74 | $1.54 | $1.34 | $1.44 | $1.72 | $1.42 | $1.25 | $1.15 | $1.16 | $0.84 | $1.21 | $1.10 | $0.86 | $0.88 | $0.63 | $0.86 | $0.96 | $0.60 | $0.49 | $0.41 | $0.37 | $0.49 | $0.60 | $0.45 |
| High Forecast | $1.76 | $1.69 | $1.78 | $1.66 | $1.60 | $1.52 | $1.76 | $1.56 | $1.36 | $1.49 | $1.73 | $1.42 | $1.27 | $1.20 | $1.17 | $0.85 | $1.23 | $1.10 | $0.86 | $0.88 | $0.63 | $0.86 | $0.99 | $0.60 | $0.49 | $0.41 | $0.37 | $0.49 | $0.60 | $0.45 |
| Low Forecast | $1.72 | $1.65 | $1.74 | $1.62 | $1.56 | $1.49 | $1.72 | $1.52 | $1.33 | $1.38 | $1.70 | $1.42 | $1.24 | $1.12 | $1.14 | $0.83 | $1.20 | $1.10 | $0.86 | $0.88 | $0.63 | $0.86 | $0.94 | $0.60 | $0.49 | $0.41 | $0.37 | $0.49 | $0.60 | $0.45 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.47% | 1.58% | 1.06% | 0.76% | 1.04% | 0.64% | 0.69% | 1.35% | 0.55% | 2.31% | 0.28% | 1.56% | 2.11% | 0.57% | 0.99% | 1.82% |
According to 1 Wall Street analysts, Tennant Company's projected average Quarter EPS for Dec 23 is $1.25, with a low estimate of $1.24 and a high estimate of $1.27. This represents a 1.90% increase compared to TNC previous annual EPS of $1.23 (Sep 23).