The price of TNC is predicted to go up -27.72%, based on the high correlation periods with GSIW. The similarity of these two price pattern on the periods is 96.76%.
TNC
GSIW
Down: -27.72%Similarity: 96.76%
TNC Revenue Forecast
TNC EPS Forecast
TNC FAQs
What is bull’s view on TNC?
TNC stock has a bullish outlook with a price target of $125, representing a 52.98% upside from its current price of $80.30. This optimism is driven by strong financial performance, including a 3.6% increase in Q3 2024 net sales and strategic initiatives like new product launches and ERP modernization. Analysts, such as Northcoast Research, have rated it a "Strong Buy" due to its growth potential and market leadership.
What is bear's view on TNC?
TNC stock is currently trading at $80.30, significantly below its analyst target of $125. The bearish view stems from challenges in EMEA and APAC regions, coupled with muted industrial equipment demand in North America, which could limit near-term growth. Despite strategic initiatives, the stock's upside appears constrained by these headwinds.
What is TNC revenue forecast for next quarter?
The market consensus for TNC's revenue in the upcoming quarter is projected to be approximately $319.133M USD.
What is TNC eps forecast for next quarter?
The market consensus for TNC's eps in the upcoming quarter is projected to be approximately $1.49 USD.