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 73.61% upside from TNC’s last price of $80.64) 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 73.61% upside from TNC's last price of $80.64.
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 | $140.00 | $105.48 | 32.73% | 73.61% |
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 73.61% increase from TNC last price ($80.64).
Tennant Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $140.00 |
| Last Closing Price | $80.64 | $80.64 | $80.64 |
| Upside/Downside | -100.00% | -100.00% | 73.61% |
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 $80.64. 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 | $367.60M | $352.50M | $359.00M | $332.80M | $337.90M | $327.17M | $342.57M | $319.13M | $323.20M | $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 | $371.31M | $356.06M | $362.63M | $336.16M | $341.31M | $330.47M | $346.03M | $322.36M | $326.46M | $322.63M | $330.30M | $310.43M | $313.00M | $305.00M | $294.61M | $275.29M | $294.14M | $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 | $363.05M | $348.14M | $354.56M | $328.68M | $333.72M | $323.12M | $338.33M | $315.19M | $319.20M | $315.45M | $322.96M | $310.43M | $306.03M | $285.50M | $288.06M | $269.16M | $287.60M | $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 | 2 | 2 | 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 $306.03M, and a high forecast of $313.00M. 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 | 2 | 2 | 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 | $46.55M | $44.63M | $45.46M | $42.14M | $42.78M | $41.43M | $43.38M | $40.41M | $40.92M | $40.44M | $41.40M | $39.23M | $39.24M | $37.56M | $36.93M | $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 | $47.02M | $45.08M | $45.92M | $42.56M | $43.22M | $41.84M | $43.81M | $40.82M | $41.34M | $40.85M | $41.82M | $47.08M | $39.63M | $38.62M | $37.30M | $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 | $45.97M | $44.08M | $44.89M | $41.62M | $42.26M | $40.91M | $42.84M | $39.91M | $40.42M | $39.94M | $40.89M | $31.38M | $38.75M | $36.15M | $36.47M | $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 $39.63M and a low of $38.75M. This is 13.07% 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 | 2 | 2 | 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 | $34.94M | $32.84M | $33.61M | $30.74M | $30.49M | $28.51M | $32.14M | $28.45M | $26.22M | $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 | $35.40M | $33.27M | $34.05M | $31.14M | $30.89M | $28.89M | $32.56M | $28.82M | $26.57M | $28.42M | $33.18M | $17.50M | $24.25M | $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 | $34.38M | $32.31M | $33.07M | $30.25M | $30.00M | $28.06M | $31.62M | $27.99M | $25.80M | $26.38M | $32.22M | $11.67M | $23.55M | $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 $23.55M to $24.25M. 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 | 2 | 2 | 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 | $109.31M | $104.82M | $106.75M | $98.96M | $100.48M | $97.28M | $101.86M | $94.89M | $96.10M | $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 | $110.41M | $105.88M | $107.83M | $99.96M | $101.49M | $98.27M | $102.89M | $95.85M | $97.07M | $95.93M | $98.22M | $130.18M | $93.07M | $90.69M | $87.60M | $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 | $107.95M | $103.52M | $105.43M | $97.74M | $99.23M | $96.08M | $100.60M | $93.72M | $94.92M | $93.80M | $96.03M | $86.79M | $91.00M | $84.89M | $85.66M | $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 $91.00M to $93.07M. 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 | 2 | 2 | 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 | $1.83 | $1.72 | $1.76 | $1.61 | $1.60 | $1.49 | $1.68 | $1.49 | $1.37 | $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 | $1.85 | $1.74 | $1.78 | $1.63 | $1.62 | $1.51 | $1.71 | $1.51 | $1.39 | $1.49 | $1.74 | $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 | $1.80 | $1.69 | $1.73 | $1.58 | $1.57 | $1.47 | $1.66 | $1.47 | $1.35 | $1.38 | $1.69 | $1.42 | $1.23 | $1.12 | $1.14 | $0.82 | $1.19 | $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 $1.23 and a high estimate of $1.27. This represents a 1.90% increase compared to TNC previous annual EPS of $1.23 (Sep 23).
Tennant Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TNC | Tennant | $80.64 | $140.00 | 73.61% | Buy |
| FELE | Franklin Electric | $98.90 | $120.00 | 21.33% | Buy |
| DCI | Donaldson | $67.91 | $81.00 | 19.28% | Hold |
| IEX | IDEX | $212.28 | $232.00 | 9.29% | Buy |
| WTS | Watts Water | $204.13 | $212.00 | 3.86% | Buy |
| NPO | EnPro Industries | $174.73 | $180.00 | 3.02% | Buy |
| KAI | Kadant | $354.03 | $355.00 | 0.27% | |
| EPAC | Enerpac Tool Group | $42.39 | $23.00 | -45.74% | Hold |