Tennant (TNC) to Release Earnings on Thursday
Tennant (NYSE:TNC) is scheduled to post its quarterly earnings results before the market opens on Thursday, February 22nd. Analysts expect Tennant to post earnings of $0.34 per share for the quarter.
Tennant (NYSE TNC) opened at $60.60 on Thursday. Tennant has a 12-month low of $59.00 and a 12-month high of $76.80. The stock has a market capitalization of $1,093.41, a P/E ratio of 88.53, a price-to-earnings-growth ratio of 2.68 and a beta of 0.91. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.39 and a current ratio of 2.09.
Several research analysts have issued reports on the company. Dougherty & Co restated a “neutral” rating on shares of Tennant in a research report on Sunday, November 12th. Zacks Investment Research lowered Tennant from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $65.00.
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Tennant Company Profile
Tennant Company is engaged in designing, manufacturing and marketing of cleaning solutions. The Company’s segments are Americas; Europe, Middle East, Africa, and Asia Pacific. The Company offers a range of products, including floor maintenance and outdoor cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings and asset management solutions.
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