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.

A number of analysts gave price targets for TNC. The maximum price target given was 65, which equates to a potential upside of -12.81 percent. The minimum price target given was 63, implying potential capital losses of -15.49 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of TNC to grow at a rate of 19.22 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TNC is 1.83.

In the trailing 52-weeks, TNC hit 76.80 at the highest peak, while it's lowest trading point was 60.21. The current market price is above the trailing year's low by 23.82 percent, and 2.93 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.