What is Sidoti Csr’s Estimate for Tennant Q1 Earnings?

Tennant Company (NYSE:TNC) – Equities researchers at Sidoti Csr issued their Q1 2027 EPS estimates for shares of Tennant in a note issued to investors on Wednesday, October 15th. Sidoti Csr analyst S. Ferazani forecasts that the industrial products company will post earnings of $1.70 per share for the quarter. The consensus estimate for Tennant’s current full-year earnings is $5.89 per share. Sidoti Csr also issued estimates for Tennant’s Q2 2027 earnings at $1.90 EPS, Q3 2027 earnings at $1.81 EPS and FY2027 earnings at $7.35 EPS.

A number of other equities research analysts have also weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Tennant in a report on Tuesday. Wall Street Zen raised shares of Tennant from a “hold” rating to a “buy” rating in a report on Saturday, September 20th. Finally, Zacks Research raised shares of Tennant to a “hold” rating in a report on Tuesday, August 12th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $125.00.

Tennant Trading Up 0.3%

TNC opened at $79.67 on Thursday. Tennant has a fifty-two week low of $67.32 and a fifty-two week high of $94.94. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.09 and a quick ratio of 1.38. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 24.82, a PEG ratio of 1.72 and a beta of 1.06. The company’s 50 day moving average price is $81.55 and its two-hundred day moving average price is $77.99.

Tennant (NYSE:TNC) last announced its quarterly earnings results on Wednesday, August 6th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by ($0.14). The company had revenue of $318.60 million for the quarter, compared to the consensus estimate of $327.20 million. Tennant had a net margin of 4.84% and a return on equity of 16.41%. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period last year, the firm posted $1.83 earnings per share.

Tennant Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were given a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, August 29th. Tennant’s payout ratio is presently 36.76%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC raised its holdings in Tennant by 429.0% during the first quarter. GAMMA Investing LLC now owns 492 shares of the industrial products company’s stock worth $39,000 after buying an additional 399 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Tennant by 194.8% during the first quarter. Farther Finance Advisors LLC now owns 619 shares of the industrial products company’s stock worth $50,000 after buying an additional 409 shares during the last quarter. Banque Transatlantique SA acquired a new position in Tennant during the first quarter worth $59,000. Alta Fox Capital Management LLC acquired a new position in Tennant during the first quarter worth $73,000. Finally, State of Wyoming acquired a new position in Tennant during the second quarter worth $73,000. Institutional investors and hedge funds own 93.33% of the company’s stock.

About Tennant

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions.