Tennant Future Growth

Future criteria checks 0/6

Tennant's earnings are forecast to decline at 7.5% per annum while its annual revenue is expected to grow at 3.5% per year. EPS is expected to decline by 3.7% per annum. Return on equity is forecast to be 13.8% in 3 years.

Key information

-7.5%

Earnings growth rate

-3.7%

EPS growth rate

Machinery earnings growth	9.0%
Revenue growth rate	3.5%
Future return on equity	13.8%
Analyst coverage	Low
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Tennant Company's (NYSE:TNC) Intrinsic Value Is Potentially 28% Above Its Share Price

Dec 15

Tennant Company: A Potential Upside In Cleaning (At The Right Price)

Nov 03

There's Been No Shortage Of Growth Recently For Tennant's (NYSE:TNC) Returns On Capital

Sep 27

If EPS Growth Is Important To You, Tennant (NYSE:TNC) Presents An Opportunity

Sep 11

Here's Why Tennant (NYSE:TNC) Can Manage Its Debt Responsibly

Aug 21

Tennant Company: There's Still Upside To Capture

Aug 17

Is It Time To Consider Buying Tennant Company (NYSE:TNC)?

Aug 07

Tennant (NYSE:TNC) Might Have The Makings Of A Multi-Bagger

Jun 12

Here's Why Tennant (NYSE:TNC) Has Caught The Eye Of Investors

May 29

Tennant Company: Should Shine Bright With Its Attractive Prospects

May 24

When Should You Buy Tennant Company (NYSE:TNC)?

Apr 30

Tennant Q4 2022 Earnings Preview

Feb 22

These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Reasonably Well

Feb 18

Tennant declares $0.265 dividend

Feb 14

At US$65.35, Is Tennant Company (NYSE:TNC) Worth Looking At Closely?

Jan 08

Tennant Company Can Still Move Higher Despite Recent Weakness

Dec 13

Tennant's (NYSE:TNC) Dividend Will Be Increased To $0.265

Nov 17

These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Extensively

Nov 10

Tennant Q3 2022 Earnings Preview

Oct 26

Tennant (NYSE:TNC) Has Some Way To Go To Become A Multi-Bagger

Sep 27

Tennant Company: A Solid Prospect To Clean Up Your Portfolio

Sep 18

Tennant Q2 2022 Earnings Preview

Aug 08

We Think Tennant (NYSE:TNC) Can Stay On Top Of Its Debt

Jul 21

Tennant (NYSE:TNC) Is Reinvesting At Lower Rates Of Return

Jun 27

An Intrinsic Calculation For Tennant Company (NYSE:TNC) Suggests It's 33% Undervalued

Jun 12

Tennant Company: Back Against The Wall

May 09

Earnings and Revenue Growth Forecasts

NYSE:TNC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	1,334	96	104	150	2
12/31/2024	1,288	98	106	143	3
12/31/2023	1,244	110	164	188	N/A
9/30/2023	1,223	102	117	138	N/A
6/30/2023	1,181	95	42	69	N/A
3/31/2023	1,140	80	-11	16	N/A
12/31/2022	1,092	66	-54	-25	N/A
9/30/2022	1,078	50	-67	-32	N/A
6/30/2022	1,087	56	-22	8	N/A
3/31/2022	1,086	50	14	41	N/A
12/31/2021	1,091	65	46	69	N/A
9/30/2021	1,087	60	83	99	N/A
6/30/2021	1,077	50	104	123	N/A
3/31/2021	1,012	54	121	144	N/A
12/31/2020	1,001	34	104	134	N/A
9/30/2020	1,023	42	88	123	N/A
6/30/2020	1,042	45	78	110	N/A
3/31/2020	1,127	46	62	92	N/A
12/31/2019	1,138	46	33	72	N/A
9/30/2019	1,128	43	48	83	N/A
6/30/2019	1,121	38	26	65	N/A
3/31/2019	1,113	36	25	63	N/A
12/31/2018	1,124	33	58	80	N/A
9/30/2018	1,118	22	46	66	N/A
6/30/2018	1,106	16	62	83	N/A
3/31/2018	1,085	1	51	71	N/A
12/31/2017	1,003	-6	31	54	N/A
9/30/2017	936	12	N/A	57	N/A
6/30/2017	874	20	N/A	43	N/A
3/31/2017	820	38	N/A	53	N/A
12/31/2016	809	47	N/A	58	N/A
9/30/2016	803	44	N/A	48	N/A
6/30/2016	807	32	N/A	51	N/A
3/31/2016	806	32	N/A	41	N/A
12/31/2015	812	32	N/A	45	N/A
9/30/2015	822	36	N/A	53	N/A
6/30/2015	820	49	N/A	55	N/A
3/31/2015	824	50	N/A	61	N/A
12/31/2014	822	51	N/A	59	N/A
9/30/2014	801	43	N/A	60	N/A
6/30/2014	787	42	N/A	55	N/A
3/31/2014	768	41	N/A	49	N/A
12/31/2013	752	40	N/A	60	N/A
9/30/2013	744	44	N/A	41	N/A
6/30/2013	734	42	N/A	50	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TNC's earnings are forecast to decline over the next 3 years (-7.5% per year).

Earnings vs Market: TNC's earnings are forecast to decline over the next 3 years (-7.5% per year).

High Growth Earnings: TNC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TNC's revenue (3.5% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: TNC's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TNC's Return on Equity is forecast to be low in 3 years time (13.8%).

Tennant Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 8.4% to US$137

Price target increased by 11% to US$126

Tennant Company Provides Earnings Guidance for the Full-Year of 2024

Tennant Company Increases its Earnings Guidance for Full-Year 2023

Consensus EPS estimates increase by 24%

Price target increased by 18% to US$103

Recent updates

Tennant Company Declares Regular Quarterly Cash Dividend, Payable on June 14, 2024

Tennant Company Cleaned Up Nicely (Rating Downgrade)

Is Tennant (NYSE:TNC) Using Too Much Debt?

Insufficient new directors

New minor risk - Shareholder dilution

Tennant Company, Annual General Meeting, May 01, 2024

Calculating The Fair Value Of Tennant Company (NYSE:TNC)

Price target increased by 8.4% to US$137

Independent Director recently sold US$821k worth of stock

Tennant Company (NYSE:TNC) acquired M&F Management and Financing GmbH.

Senior VP & Chief Commercial Officer notifies of intention to sell stock

Price target increased by 11% to US$126

Full year 2023 earnings: EPS exceeds analyst expectations

Tennant Company Provides Earnings Guidance for the Full-Year of 2024

Upcoming dividend of US$0.28 per share

Third quarter dividend of US$0.28 announced

Tennant Company Declares Quarterly Cash Dividend, Payable on March 15, 2024

Tennant Company to Report Q4, 2023 Results on Feb 22, 2024

Tennant Company Unveils New T1581 Ride-On Scrubber Designed for Cleaning in Industrial Settings

Investor Optimism Abounds Tennant Company (NYSE:TNC) But Growth Is Lacking

Tennant: Resilient In Times Of Turbulence

Tennant (NYSE:TNC) Is Experiencing Growth In Returns On Capital

Is Now The Time To Look At Buying Tennant Company (NYSE:TNC)?

Tennant Company's (NYSE:TNC) Intrinsic Value Is Potentially 28% Above Its Share Price

Upcoming dividend of US$0.28 per share at 1.3% yield

Tennant Company Appoints Brock Christianson as Senior Vice President, Chief Human Resources Officer, Effective November 27, 2023

Tennant Company: A Potential Upside In Cleaning (At The Right Price)

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Tennant Company Increases its Earnings Guidance for Full-Year 2023

Tennant Company Increases Quarterly Cash Dividend, Payable December 15, 2023

Tennant Company to Report Q3, 2023 Results on Oct 31, 2023

There's Been No Shortage Of Growth Recently For Tennant's (NYSE:TNC) Returns On Capital

If EPS Growth Is Important To You, Tennant (NYSE:TNC) Presents An Opportunity

Upcoming dividend of US$0.27 per share at 1.3% yield

Here's Why Tennant (NYSE:TNC) Can Manage Its Debt Responsibly

President notifies of intention to sell stock

Tennant Company: There's Still Upside To Capture

Consensus EPS estimates increase by 24%

Price target increased by 18% to US$103

Is It Time To Consider Buying Tennant Company (NYSE:TNC)?

Tennant Company Revises Earnings Guidance for the Year 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Tennant Company Declares Regular Quarterly Cash Dividend, Payable on September 15, 2023

Tennant Company to Report Q2, 2023 Results on Aug 04, 2023

Tennant (NYSE:TNC) Might Have The Makings Of A Multi-Bagger

Here's Why Tennant (NYSE:TNC) Has Caught The Eye Of Investors

Insider notifies of intention to sell stock

Tennant Company: Should Shine Bright With Its Attractive Prospects

Tennant Company Announces Termination of Carol E. McKnight as Senior Vice President, Chief Administrative Officer, Effective May 26, 2023

Upcoming dividend of US$0.27 per share at 1.4% yield

Senior VP & Chief Commercial Officer recently sold US$296k worth of stock

Investor sentiment improves as stock rises 16%

Price target increased by 9.6% to US$91.00

When Should You Buy Tennant Company (NYSE:TNC)?

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Independent Director notifies of intention to sell stock

Independent Director exercised options and sold US$56k worth of stock

Full year 2022 earnings: EPS exceeds analyst expectations

Upcoming dividend of US$0.27 per share at 1.5% yield

Tennant Q4 2022 Earnings Preview

These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Reasonably Well

Tennant Company Declares Regular Quarterly Cash Dividend, Payable on March 15, 2023

Tennant declares $0.265 dividend

Tennant Company to Report Q4, 2022 Results on Feb 23, 2023

At US$65.35, Is Tennant Company (NYSE:TNC) Worth Looking At Closely?

Tennant Company Can Still Move Higher Despite Recent Weakness

Upcoming dividend of US$0.27 per share

Independent Chairman of the Board notifies of intention to sell stock