$0.79 EPS Expected for Tennant Company (TNC)

July 17, 2017 - By Richard Conner

 $0.79 EPS Expected for Tennant Company (TNC)
Investors sentiment decreased to 1.2 in Q4 2016. Its down 0.02, from 1.22 in 2016Q3. It worsened, 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.
Commonwealth Equity Svcs Incorporated reported 3,393 shares stake. Rhumbline Advisers holds 0% or 27,533 shares in its portfolio. Barclays Public Limited Co holds 869 shares or 0% of its portfolio. National Bank Of Ny Mellon holds 0% or 234,055 shares in its portfolio. Van Eck Assoc holds 0% in Tennant Company (NYSE:TNC) or 10,139 shares. Ftb stated it has 0% of its portfolio in Tennant Company (NYSE:TNC). Tower Research Ltd Company (Trc) invested in 0% or 177 shares. Metropolitan Life Insurance Company owns 12,709 shares for 0.01% of their portfolio. Emerald Advisers Pa has 0.84% invested in Tennant Company (NYSE:TNC) for 276,008 shares. Moreover, Jpmorgan Chase has 0% invested in Tennant Company (NYSE:TNC). State Of Alaska Department Of Revenue reported 1,900 shares stake. Moreover, Plante Moran Finance Advisors Ltd has 0% invested in Tennant Company (NYSE:TNC). Howe & Rusling has invested 0% in Tennant Company (NYSE:TNC). Wexford Capital Ltd Partnership holds 0.06% of its portfolio in Tennant Company (NYSE:TNC) for 8,736 shares. The Virginia-based Thompson Siegel And Walmsley Limited Liability Company has invested 0% in Tennant Company (NYSE:TNC).

Since February 28, 2017, it had 0 insider buys, and 5 insider sales for $2.03 million activity. Zay Richard H. also sold $93,440 worth of Tennant Company (NYSE:TNC) shares. 6,000 shares were sold by Sonnenberg Steven Alan, worth $433,012 on Tuesday, February 28. $414,842 worth of Tennant Company (NYSE:TNC) was sold by Wilson Heidi M on Monday, March 6.

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) has “Buy” rating given on Wednesday, October 28 by Dougherty & Company. The stock of Tennant Company (NYSE:TNC) earned “Hold” rating by Jefferies on Thursday, June 15.

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: Fool.com which released: “Tennant Company Announces Restructuring Plan as Growth Remains Sluggish” on February 23, 2017, also Bizjournals.com with their article: “Tennant plans to build new Golden Valley headquarters” published on July 10, 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: Seekingalpha.com and their article: “Tennant Company’s (TNC) CEO Chris Killingstad on Q1 2017 Results – Earnings …” published on April 24, 2017 as well as Fool.com‘s news article titled: “Tennant Company Loses Money as Sales Growth Speeds Up” with publication date: April 24, 2017.

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