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TNC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
90.900
Open
87.350
VWAP
89.67
Vol
437.22K
Mkt Cap
1.55B
Low
87.350
Amount
39.20M
EV/EBITDA(TTM)
15.45
Total Shares
17.04M
EV
1.82B
EV/OCF(TTM)
53.34
P/S(TTM)
1.37
Tennant Company is engaged in designing, manufacturing, and marketing solutions. It offers products and solutions consisting of manual and autonomous mechanized cleaning equipment for both industrial and commercial uses, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and business solutions, such as financing, rental and leasing programs, and machine-to-machine asset management solutions. Its products are used in various environments, including retail establishments, distribution centers, factories and warehouses, public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals, and clinics, and more. It markets its offerings under the brands: Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei and Rongen brands, as well as private-label brands. It has a portfolio of differentiated technology solutions that includes IRIS, ec-H2O NanoClean, and ReadySpace.
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Events Timeline

(ET)
2026-06-17
09:30:00
Tennant Company Appoints Richard Zay as COO
select
2026-05-11 (ET)
2026-05-11
09:10:00
Tennant Company Launches X2 ROVR SCRUB Autonomous Floor Scrubber
select
2026-05-04 (ET)
2026-05-04
16:40:00
Tennant Company Authorizes Repurchase of 2 Million Shares
select
2026-05-04
16:30:00
Tennant Reports Q1 Revenue of $297.9M, Beating Expectations
select
2026-05-04
16:30:00
Sees FY26 Revenue at $1.24B-$1.28B
select
2026-04-14 (ET)
2026-04-14
09:00:00
Tennant Company Signs 3-Year Exclusivity Agreement with Brain Corp
select
2026-04-07 (ET)
2026-04-07
08:50:00
Tennant Company Launches First Autonomous Robotic Sweeper X16 SWEEP
select
2026-02-23 (ET)
2026-02-23
19:10:00
Tennant Reports Q1 Revenue of $291.6M, Below Expectations
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2026-02-23
19:10:00
Company Sees FY26 Revenue of $1.24B to $1.28B
select

News

seekingalpha
5.0
06-17seekingalpha
Tennant Company Appoints New COO Richard H. Zay
  • Executive Appointment: Tennant Company announced the appointment of Richard H. Zay as Chief Operating Officer, effective July 1, 2026, bringing over 25 years of experience in sales, marketing, and operational leadership, which is expected to enhance operational efficiency.
  • Leadership Background: Zay has held senior leadership roles at Tennant since 2010 and previously served in leadership positions at Whirlpool and Maytag, providing a wealth of experience that will bring new strategic perspectives and market insights to the company.
  • Stock Price Reaction: Following the announcement, Tennant's shares rose by 0.59%, reflecting market optimism regarding the new COO's potential impact, which may bolster investor confidence.
  • Financial Outlook: Tennant reaffirmed its adjusted EPS target for 2026 at $4.70 to $5.30 while aiming for $250 million in AMR revenue by 2028, demonstrating the company's confidence in future growth and strategic planning.
Newsfilter
5.0
06-17Newsfilter
Tennant Company Appoints New COO
  • Executive Appointment: Tennant Company announced that Richard H. Zay will become Chief Operating Officer effective July 1, 2026, bringing over 25 years of industry experience from previous roles at Whirlpool and Maytag, which is expected to enhance operational efficiency and financial performance.
  • Expanded Leadership Role: In his new position, Zay will oversee global customer-facing business units, supply chain, manufacturing operations, R&D, and marketing, aiming to improve overall efficiency and customer satisfaction through rigorous execution and cross-functional collaboration, thereby strengthening market competitiveness.
  • Driving Technological Innovation: Zay has been instrumental in advancing the adoption of new technologies like robotics, committed to leveraging innovative thinking and technology applications to enhance organizational efficiency and ensure Tennant's leadership in the cleaning equipment market.
  • Industry Contribution and Leadership: Beyond his role at Tennant, Zay has served as President and Secretary of the Association of American Cleaning Equipment Manufacturers, demonstrating his commitment to industry leadership and community service, further solidifying the company's position in the industry.
Globenewswire
7.0
06-03Globenewswire
Tennant Company Under Investigation for Securities Fraud
  • Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the rollout of its new enterprise resource planning (ERP) system, which may undermine investor confidence.
  • Stock Price Plunge: On February 24, 2026, Tennant's stock dropped from $82.30 to $63.02, a decline of over 23%, primarily due to severe operational disruptions caused by the ERP system's implementation in North America, resulting in approximately $30 million in lost sales.
  • Financial Impact: Tennant anticipates spending over $20 million in 2026 to remediate issues related to the ERP system, significantly higher than the planned $5 million, which will exert considerable pressure on the company's financial health.
  • Investor Action: Investors are encouraged to contact BFA Law to understand their legal rights, indicating the firm's commitment to potential litigation, which may prompt increased attention and action from other investors.
Globenewswire
7.0
05-29Globenewswire
Tennant Company Under Investigation for Securities Fraud
  • Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the implementation of its new enterprise resource planning (ERP) system, which may involve misleading statements to investors.
  • Stock Price Plunge: On February 24, 2026, Tennant's stock plummeted over 23% from $82.30 to $63.02 due to severe operational disruptions caused by the ERP rollout in North America, resulting in an estimated $30 million loss in sales.
  • Increased Expenditures: Tennant anticipates spending over $20 million in 2026 to remediate the issues stemming from the ERP system, significantly higher than the $5 million originally planned, which will adversely affect the company's financial health.
  • Legal Options: Investors are encouraged to contact BFA Law to discuss their rights, with all representation on a contingency fee basis, meaning shareholders are not responsible for any litigation costs, providing a potential avenue for legal recourse for affected shareholders.
Globenewswire
7.0
05-27Globenewswire
Tennant Company Under Investigation for Securities Fraud
  • Investigation Background: Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential securities fraud related to the implementation of its new enterprise resource planning (ERP) system, indicating possible misconduct in the company's disclosures to investors.
  • Stock Price Plunge: On February 24, 2026, Tennant's stock price dropped 23.4%, from $82.30 to $63.02, primarily due to severe operational disruptions caused by the ERP rollout in North America, which hindered the processing and shipping of customer orders.
  • Financial Losses: Tennant incurred approximately $30 million in lost sales due to ERP issues and anticipates spending over $20 million in 2026 for remediation, significantly exceeding the planned $5 million, highlighting major project management failures.
  • Legal Options: Investors are encouraged to contact BFA Law to understand their legal rights, suggesting that the company's legal risks may further impact its market reputation and shareholder confidence.
Globenewswire
7.0
05-25Globenewswire
Tennant Company Under Investigation for Securities Fraud
  • Investigation Background: Bleichmar Fonti & Auld LLP has announced an investigation into Tennant Company for potential securities fraud related to the implementation of its new enterprise resource planning (ERP) system, which may undermine investor confidence.
  • Stock Price Plunge: On February 24, 2026, Tennant's stock dropped 23.4%, falling from $82.30 to $63.02, primarily due to severe operational disruptions caused by the ERP rollout in North America, resulting in approximately $30 million in lost sales.
  • Operational Issues: Following the ERP implementation, Tennant was unable to process and ship customer orders, with remediation costs expected to exceed $20 million, significantly higher than the initially planned $5 million, indicating a misjudgment by management regarding the project's impact.
  • Legal Options: Investors are encouraged to contact BFA Law to understand their legal rights, with the firm offering representation on a contingency fee basis, ensuring that investors do not incur litigation costs.
Wall Street analysts forecast TNC stock price to rise
2 Analyst Rating
Wall Street analysts forecast TNC stock price to rise
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
107.00
Averages
111.00
High
115.00
Current: 0.000
sliders
Low
107.00
Averages
111.00
High
115.00
Freedom Capital
Buy -> Hold
downgrade
$93 -> $67
AI Analysis
2026-02-26
Reason
Freedom Capital
Price Target
$93 -> $67
AI Analysis
2026-02-26
downgrade
Buy -> Hold
Reason
Freedom Capital downgraded Tennant to Hold from Buy with a price target of $67, down from $93. The firm views the company's Q4 report as "weak." Tennant's near-term profitability and cash flow were hit by shipment constraints, stabilization costs, and tariff inflation, the analyst tells investors in a research note. Freedom sees these issues persisting into 2026.
Roth Capital
initiated
$102
2025-10-24
Reason
Roth Capital
Price Target
$102
2025-10-24
initiated
Reason
Roth Capital initiated coverage of Tennant with a Buy rating and $102 price target. The firm sees "numerous catalysts" for the company to add to its mid-teens market share in the ~9B market for mechanized cleaning. Tennant is positioned to capitalized on its "differentiated" product portfolio, including autonomous equipment, and "unmatched service offering providing a lasting competitive advantage," the analyst tells investors in a research note. Roth views the stock as "meaningfully undervalued" at current levels.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TNC
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Valuation Metrics

The current forward P/E ratio for Tennant Co (TNC.N) is 18.98, compared to its 5-year average forward P/E of 15.47. For a more detailed relative valuation and DCF analysis to assess Tennant Co's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
15.47
Current PE
18.98
Overvalued PE
18.60
Undervalued PE
12.33

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
10.35
Current EV/EBITDA
23.36
Overvalued EV/EBITDA
13.95
Undervalued EV/EBITDA
6.75

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.20
Current PS
1.15
Overvalued PS
1.39
Undervalued PS
1.02

Financials

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Whales Holding TNC

M
Mairs and Power, Inc.
Holding
TNC
+12.68%
3M Return
T
Turtle Creek Asset Management Inc.
Holding
TNC
+6.86%
3M Return
I
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+2.03%
3M Return
G
Glencore plc
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-1.48%
3M Return

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Frequently Asked Questions

What is Tennant Co (TNC) stock price today?

The current price of TNC is 90.75 USD — it has increased 5.68

What is Tennant Co (TNC)'s business?

Tennant Company is engaged in designing, manufacturing, and marketing solutions. It offers products and solutions consisting of manual and autonomous mechanized cleaning equipment for both industrial and commercial uses, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and business solutions, such as financing, rental and leasing programs, and machine-to-machine asset management solutions. Its products are used in various environments, including retail establishments, distribution centers, factories and warehouses, public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals, and clinics, and more. It markets its offerings under the brands: Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei and Rongen brands, as well as private-label brands. It has a portfolio of differentiated technology solutions that includes IRIS, ec-H2O NanoClean, and ReadySpace.

What is the price predicton of TNC Stock?

Wall Street analysts forecast TNC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TNC is111.00 USD with a low forecast of 107.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Tennant Co (TNC)'s revenue for the last quarter?

Tennant Co revenue for the last quarter amounts to 297.90M USD, increased 2.72

What is Tennant Co (TNC)'s earnings per share (EPS) for the last quarter?

Tennant Co. EPS for the last quarter amounts to 0.01 USD, decreased -98.55

How many employees does Tennant Co (TNC). have?

Tennant Co (TNC) has 4484 emplpoyees as of June 21 2026.

What is Tennant Co (TNC) market cap?

Today TNC has the market capitalization of 1.55B USD.