Analyst Ratings for Tennant Co. (TNC)

Updated: 2017-07-28

An average rating of Hold has been given to Tennant Co. (NYSE:TNC) by analysts covering the stock. TNC had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 0 analysts, 0 issued an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

TNC was given price targets by several analysts. The highest price target was 65, implying a possible profit of -12.81 percent. The most pessimistic analyst gave a price target of 63, implying potential capital losses of -15.49 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of TNC's earnings is estimated by analysts to be 19.22 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. TNC has a PEG ratio of 1.83.

In the last 52-weeks, TNC has achieved a high of 76.80 and a low of 60.21. Currently the stock is 23.82 percent higher than its low, and below the high by 2.93 percent. TNC has a P/E ratio of 35.17. Investors typically compare the P/E ratio to a company's peers in the industry. The TNC value stock report compares TNC to some of its peers using value stock charts. The stock has a market capitalization of $1.32 billion. TNC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.