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.

Many analysts weighed in on price targets for TNC. The most optimistic analyst gave a price target of 65, which equates to a potential upside of -12.81 percent. The most pessimistic analyst gave a price target of 63, which equates to a potential downside of -15.49 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

TNC has an estimated earnings growth rate of 19.22 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, 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. The PEG ratio of TNC is 1.83.

TNC has a 52-week high of 76.80 and a 52-week low of 60.21. Today's price is 23.82 percent above the 52-week 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 market cap of TNC is $1.32 billion. TNC's next earnings release will be on 0000-00-00, which is days away.