Tennant (NYSE:TNC – Get Free Report) will likely be releasing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Tennant to post earnings of $1.33 per share and revenue of $329.55 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.
Tennant (NYSE:TNC – Get Free Report) last posted its earnings results on Monday, May 4th. The industrial products company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.40 by $0.18. The firm had revenue of $297.90 million for the quarter, compared to analyst estimates of $289.25 million. Tennant had a return on equity of 14.87% and a net margin of 2.55%.Tennant’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.12 earnings per share. On average, analysts expect Tennant to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Tennant Stock Up 0.0%
Shares of NYSE TNC opened at $84.06 on Monday. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 50.64, a price-to-earnings-growth ratio of 2.34 and a beta of 1.13. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.12 and a quick ratio of 1.41. The business has a 50-day moving average of $86.73 and a two-hundred day moving average of $79.38. Tennant has a 1 year low of $60.17 and a 1 year high of $91.93.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on TNC shares. Wall Street Zen raised Tennant from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings upgraded shares of Tennant from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Finally, Zacks Research upgraded shares of Tennant from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.00.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its stake in Tennant by 1,778.6% in the fourth quarter. UMB Bank n.a. now owns 526 shares of the industrial products company’s stock valued at $39,000 after buying an additional 498 shares during the last quarter. State of Wyoming purchased a new stake in Tennant in the 2nd quarter valued at $73,000. BNP Paribas Financial Markets boosted its stake in Tennant by 25.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,936 shares of the industrial products company’s stock worth $150,000 after purchasing an additional 389 shares during the period. Tower Research Capital LLC TRC boosted its stake in Tennant by 40.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,492 shares of the industrial products company’s stock worth $193,000 after purchasing an additional 722 shares during the period. Finally, Aristides Capital LLC purchased a new position in Tennant during the 4th quarter worth $201,000. Institutional investors and hedge funds own 93.33% of the company’s stock.
Tennant Company Profile
Tennant Company is a global provider of solutions that help keep facilities clean, safe and sustainable. The company designs, manufactures and markets a broad range of cleaning machines, chemicals and service programs that address the cleaning needs of customers in diverse industries, including manufacturing, warehousing, food and beverage, healthcare and education. Tennant’s product portfolio encompasses both ride-on and walk-behind floor scrubbers and sweepers, carpet extractors, power brushes, pressure washers and autonomous cleaning machines.
Founded in 1870 and headquartered in Minneapolis, Minnesota, Tennant has grown from a regional manufacturer into a multinational organization with operations in more than 70 countries and sales representation in over 100 markets worldwide.
Featured Articles
- Five stocks we like better than Tennant
- 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story
- AbbVie Quietly Solved Its Biggest Problem—Now What?
- Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade
- Strategy’s Structural Strength: Hidden in a $8 Billion Illusion
Receive News & Ratings for Tennant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tennant and related companies with MarketBeat.com's FREE daily email newsletter.
