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Model output · Signal date 2026-10-16

Tennant Co (TNC) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE

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Rating · 90D Neutral Total
90-day forecast Sign up free to reveal
30-day forecast Total
Rank in coverage Middle 30% of 5172 stocks scored
Rank correlation · 90D 44.0% Spearman, 357 dates
Market Cap $1.11B small-cap · #5 of 5 peers
Summary

Tennant Co (TNC) stock forecast summary

On Oct. 16, 2026, TNC is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5172 stocks scored that day.

Tennant Co is a small-cap company with a market capitalization of $1.11B. It ranks number 5 by market capitalization among the 5 Refrigeration & Service Industry Machinery issuers in our coverage with a current forecast.

For TNC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 44.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 31.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, TNC included.

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Price

TNC price chart and AI forecast

TNC
Cross-section · 2026-10-16

How TNC ranks among 5172 stocks

90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Tennant Co (TNC) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Refrigeration & Service Industry Machinery peers listed below that report each metric.

Valuation & Market

MetricTNCIndustry medianRank
Market Cap $1.11B $3.21B 5/5
P/E Ratio 37.99x – –
P/B Ratio 2.09x 2.28x 4/5
Dividend Yield 1.95% – –
EPS $1.72 – –
Book Value/Share $31.29 – –
Revenue/Share $71.37 – –
FCF/Share $-0.16 – –

Profitability & Margins

MetricTNCIndustry medianRank
ROE 3.4% – –
ROA 1.4% – –
ROIC 4.0% – –
Gross Margin 38.8% – –
Operating Margin 3.2% – –
Net Margin 1.5% – –
EBT Margin 2.0% – –
Tax Rate 25.6% – –

Financial Health

MetricTNCIndustry medianRank
Current Ratio 2.04x – –
Quick Ratio 1.37x – –
D/E Ratio 1.38x 1.27x 2/5
Financial Leverage 2.38x – –
Interest Coverage 3.2x – –
Working Capital $314M – –

Cash Flow

MetricTNCIndustry medianRank
Operating Cash Flow $17M – –
Free Cash Flow -$3M – –
Capital Spending -$19M – –
OCF Growth YoY -81.5% – –
FCF Growth YoY -104.1% – –
FCF/Sales -0.2% – –
CapEx/Sales 1.6% – –

Operational Efficiency

MetricTNCIndustry medianRank
Asset Turnover 0.96x – –
Receivables Turnover 4.2x – –
Inventory Turnover 3.7x – –
Fixed Assets Turnover 6.5x – –
Days Sales Outstanding 86 days – –
Days Inventory 99 days – –
Payables Period 55 days – –
Cash Conversion Cycle 129 days – –

Income Statement

MetricTNCIndustry medianRank
Total Revenue $1.22B – –
Operating Income $39M – –
Net Income $18M – –
R&D Expense $45M – –
SG&A Expense $388M – –
Cost of Goods Sold $745M – –

Dividend & Shareholder Information

MetricTNCIndustry medianRank
Dividends Per Share $1.27 – –
Payout Ratio 73.8% – –
Shares Outstanding 17M – –
Net Income Growth -69.8% – –
EPS Growth -31.8% – –

Balance Sheet Highlights (USD millions)

Total Current Assets$614M48.3% of assets
Cash & Short-term Investments$77M6.1% of assets
Accounts Receivable$286M22.5% of assets
Inventory$202M15.9% of assets
Total Liabilities$736M57.9% of assets
Short-term Debt$187M14.7% of assets
Quarterly Financial Reports

TNC quarterly financials and insider trading

Industry Peers · Refrigeration & Service Industry Machinery

Tennant Co (TNC) industry peers

Companies classified under the same SEC industry code as Tennant Co (Refrigeration & Service Industry Machinery): 5 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Total) Market Cap P/E Ratio P/B Ratio
TNC Tennant Co ▶ $1.11B 38.0x 2.1x
MIDD Middleby Corp ▼ $4.87B – 1.8x
ALH Alliance Laundry Holdings Inc. ▶ $4.25B 23.8x 8.5x
SXI Standex International Corp/De/ ▶ $3.21B 30.6x 4.3x
MFP Midera Food Processing, Inc. ▶ $1.79B – 2.3x

Where TNC sits on the market map

Technology · Refrigeration & Service Industry Machinery
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News

Tennant Co (TNC) stock news

source: Insider Monkey

Tennant Company (NYSE:TNC) Q1 2026 Earnings Call Transcript May 5, 2026 Operator: Good morning. My name is Abby, and I will be your conference operator today. Tennant Company (NYSE:TNC) is included ...

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FAQ

Tennant Co (TNC) stock forecast FAQ

What is the Tennant Co (TNC) stock forecast?

On Oct. 16, 2026, TNC is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5172 stocks scored that day.

How accurate are Tennant Co stock predictions?

For TNC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 44.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 31.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Tennant Co forecasts updated?

Tennant Co forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Tennant Co's industry peers?

5 issuers in our coverage, TNC included, share the SEC industry code Refrigeration & Service Industry Machinery. The largest are: Middleby Corp (MIDD), Alliance Laundry Holdings Inc. (ALH), Standex International Corp/De/ (SXI), Midera Food Processing, Inc. (MFP).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.