Last $64.40 USD
Change Today -1.63 / -2.47%
Volume 67.4K
TNC On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 1:37 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

tennant co (TNC) Snapshot

Open
$65.84
Previous Close
$66.03
Day High
$65.84
Day Low
$64.16
52 Week High
12/31/13 - $69.18
52 Week Low
04/23/13 - $45.93
Market Cap
1.2B
Average Volume 10 Days
57.1K
EPS TTM
$2.28
Shares Outstanding
18.5M
EX-Date
02/27/14
P/E TM
28.2x
Dividend
$0.72
Dividend Yield
1.12%
Current Stock Chart for TENNANT CO (TNC)

Related News

No related news articles were found.

tennant co (TNC) Related Businessweek News

No Related Businessweek News Found

tennant co (TNC) Details

Tennant Company designs, manufactures, and markets cleaning solutions worldwide. The company offers floor maintenance and outdoor cleaning equipment; chemical-free and other cleaning technologies that reduce the need for chemicals in the cleaning process; and coatings and related products for protecting, repairing, and upgrading floors and other surfaces. Its products are used to clean and coat surfaces in factories, transportation facilities, public venues, warehouses, retail, education, healthcare, office buildings, parking lots, and streets, and other environments. The company also provides parts, consumables, and service maintenance and repair; business solutions, such as rental and leasing programs, as well as surface coatings and floor preservation products. Tennant Company markets its products under the Tennant, Nobles, Green Machines, Alfa Uma Empresa Tennant, and Orbio brands. The company sells its products to building service contract cleaners, end-user businesses, healthcare facilities, and schools, as well as local, state, and federal governments through direct sales and service organization, and a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Minneapolis, Minnesota.

2,931 Employees
Last Reported Date: 02/28/14
Founded in 1870

tennant co (TNC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $664.6K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $376.0K
Senior Vice President of Global Operations
Total Annual Compensation: $348.9K
Senior Vice President of Americas
Total Annual Compensation: $317.8K
Senior Vice President of Administration
Total Annual Compensation: $313.0K
Compensation as of Fiscal Year 2013.

tennant co (TNC) Key Developments

Tennant Company Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Full Year 2014

Tennant Company announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, net sales were $183,979,000 against $168,092,000 a year ago. Profit from operations was $9,237,000 against $6,883,000 a year ago. Profit before income taxes was $8,587,000 against $6,212,000 a year ago. Net earnings were $5,795,000 or $0.31 per diluted share against $5,059,000 or $0.27 per diluted share a year ago. Net cash used by operating activities was $3,913,000 against net cash provided by operating activities of $7,263,000 a year ago. Purchases of Property, Plant and Equipment were $3,511,000 against $4,017,000 a year ago. Adjusted profit from operations was $9,237,000 against $8,323,000 a year ago. Adjusted profit before income taxes was $8,587,000 against $7,652,000 a year ago. Adjusted net earnings were $5,795,000 against $5,500,000 a year ago. Adjusted diluted net earnings per share were $0.31 against $0.29 a year ago. Based on its 2014 first quarter results and expectations of future performance, the company continues to estimate 2014 full year net sales in the range of $780 million to $800 million, up 4% to 6%, and earnings in the range of $2.50 to $2.80 per diluted share, an increase of 11% to 24%, compared to 2013, as adjusted. The company anticipates that its 2014 earnings will be stronger in the second half of the year, as its growth investments gain further traction and generate incremental revenues and profits. Capital expenditures are expected in the range of $20 million to $22 million. The company also announced its growth strategy to reach sales of $1 billion by 2017 and reach a 12% or above operating profit margin.

Tennant Company to Report Q1, 2014 Results on Apr 21, 2014

Tennant Company announced that they will report Q1, 2014 results at 1:45 PM, GMT Standard Time on Apr 21, 2014

Tennant Company, Q1 2014 Earnings Call, Apr 21, 2014

Tennant Company, Q1 2014 Earnings Call, Apr 21, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TNC:US $64.40 USD -1.63

TNC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
LS Starrett Co/The $16.23 USD -0.02
View Industry Companies
 

Industry Analysis

TNC

Industry Average

Valuation TNC Industry Range
Price/Earnings 30.3x
Price/Sales 1.6x
Price/Book 4.6x
Price/Cash Flow 29.8x
TEV/Sales 1.5x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TENNANT CO, please visit www.tennantco.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.