Tennant Company (TNC) Analysts See $0.79 EPS

July 17, 2017 - By Richard Conner

 Tennant Company (TNC) Analysts See $0.79 EPS
Investors sentiment decreased to 1.2 in Q4 2016. Its down 0.02, from 1.22 in 2016Q3. It dropped, as 9 investors sold Tennant Company shares while 46 reduced holdings. 24 funds opened positions while 42 raised stakes. 15.54 million shares or 1.69% more from 15.28 million shares in 2016Q3 were reported.
D E Shaw And Inc has 12,018 shares. Td Asset Inc owns 0% invested in Tennant Company (NYSE:TNC) for 11,491 shares. Dubuque Commercial Bank holds 5,835 shares or 0.07% of its portfolio. Thompson Siegel And Walmsley Ltd Limited Liability Company accumulated 0% or 53 shares. Moreover, Pinebridge Ltd Partnership has 0.02% invested in Tennant Company (NYSE:TNC). Deutsche National Bank & Trust Ag owns 17,813 shares. Van Eck holds 10,139 shares or 0% of its portfolio. Invesco stated it has 0% in Tennant Company (NYSE:TNC). Bnp Paribas Arbitrage Sa owns 0% invested in Tennant Company (NYSE:TNC) for 3,971 shares. Hsbc Pcl owns 0% invested in Tennant Company (NYSE:TNC) for 5,448 shares. Moreover, Capstone Asset Mngmt has 0.01% invested in Tennant Company (NYSE:TNC) for 4,253 shares. 12,541 were reported by Sector Pension Invest Board. 452,182 are owned by Blackrock Institutional Trust Commerce Na. Granahan Inv Management Inc Ma owns 0.85% invested in Tennant Company (NYSE:TNC) for 345,670 shares. State Of Tennessee Treasury Department holds 0.01% or 14,098 shares.

Since February 28, 2017, it had 0 insider purchases, and 5 selling transactions for $2.03 million activity. On Monday, March 6 Wilson Heidi M sold $414,842 worth of Tennant Company (NYSE:TNC) or 5,790 shares. Shares for $433,012 were sold by Sonnenberg Steven Alan. PAULSON THOMAS sold $537,842 worth of stock or 7,500 shares. Zay Richard H. also sold $93,440 worth of Tennant Company (NYSE:TNC) shares.

Analysts expect Tennant Company (NYSE:TNC) to report $0.79 EPS on July, 25.They anticipate $0.06 EPS change or 7.06 % from last quarter’s $0.85 EPS. TNC’s profit would be $14.04 million giving it 23.86 P/E if the $0.79 EPS is correct. After having $0.31 EPS previously, Tennant Company’s analysts see 154.84 % EPS growth. The stock decreased 0.46% or $0.35 on July 17, reaching $75.4. About 55,021 shares traded or 3.60% up from the average. Tennant Company (NYSE:TNC) has risen 37.00% since July 17, 2016 and is uptrending. It has outperformed by 20.30% the S&P500.

Tennant Company (NYSE:TNC) Ratings Coverage

Among 2 analysts covering Tennant Co (NYSE:TNC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Tennant Co had 4 analyst reports since October 28, 2015 according to SRatingsIntel. The stock of Tennant Company (NYSE:TNC) earned “Hold” rating by Jefferies on Thursday, June 15. Dougherty & Company maintained Tennant Company (NYSE:TNC) on Wednesday, October 28 with “Buy” rating.

Tennant Company is engaged in designing, manufacturing and marketing of cleaning solutions. The company has market cap of $1.34 billion. The Company’s divisions are Americas; Europe, Middle East, Africa, and Asia Pacific. It has a 35.56 P/E ratio. The Firm 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.

More notable recent Tennant Company (NYSE:TNC) news were published by: Bizjournals.com which released: “Tennant plans to build new Golden Valley headquarters” on July 10, 2017, also Fool.com with their article: “Tennant Company Loses Money as Sales Growth Speeds Up” published on April 24, 2017, Tcbmag.com published: “Tennant Co. Makes Largest-Ever Acquisition, Buying IPC Group For $350M” on February 24, 2017. More interesting news about Tennant Company (NYSE:TNC) were released by: Fool.com and their article: “Tennant Company Announces Restructuring Plan as Growth Remains Sluggish” published on February 23, 2017 as well as Seekingalpha.com‘s news article titled: “Tennant Company’s (TNC) CEO Chris Killingstad on Q1 2017 Results – Earnings …” with publication date: April 24, 2017.

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