Tennant Company (NYSE:TNC)

CAPS Rating: 5 out of 5

The Company is engaged in designing, manufacturing and marketing of solutions that creates a cleaner, safer world. It provides equipment, parts and consumables & specialty surface coatings to contract cleaners, end-user businesses & federal governments.

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Member Avatar afewgoodstocks11 (27.24) Submitted: 11/27/2013 2:19:08 AM : Outperform Start Price: $36.79 TNC Score: +47.23

I like my start price on this.

Div. (Yield) $0.72 (1.1%)
Current Yield 1.94%

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Member Avatar TMFOpie (97.72) Submitted: 9/11/2013 2:24:57 PM : Outperform Start Price: $55.37 TNC Score: +7.48

Not the largest growth market for this $1B company but a steady performer that is an innovator in the field and has the potential to move growth and margins higher over the next 3 years. Stock has performed well this year and expect it to outperform.

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Member Avatar line70day (< 20) Submitted: 7/13/2012 9:26:43 AM : Outperform Start Price: $37.63 TNC Score: +35.51

specializes in green products -net sales for first Q of the 2012 $173.7M 6% increase as compared to consolidated Net Sales of $172.6 M first Q 1211 supplies goverment & customers

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Member Avatar TMFLomax (48.27) Submitted: 3/12/2012 12:55:13 PM : Outperform Start Price: $40.37 TNC Score: +26.79

http://www.fool.com/investing/general/2012/03/09/rising-star-buy-tennant.aspx

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Member Avatar Lants (31.96) Submitted: 7/28/2011 7:47:41 PM : Outperform Start Price: $39.42 TNC Score: +21.37

Growing revenue, earnings, and dividend yield. Stock price tends to beat S&P.

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Member Avatar scavanna (58.15) Submitted: 4/26/2011 11:23:55 PM : Outperform Start Price: $38.80 TNC Score: +31.21

SA recommendation and dividend

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Member Avatar 94impala (42.53) Submitted: 2/24/2011 5:03:40 PM : Outperform Start Price: $38.56 TNC Score: +28.34

Stock Advisor pick.

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Member Avatar LilSpud (< 20) Submitted: 2/22/2011 12:43:42 PM : Outperform Start Price: $39.15 TNC Score: +26.59

ratings were high .

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Member Avatar bartleyrc (91.49) Submitted: 6/11/2010 10:33:11 AM : Outperform Start Price: $30.39 TNC Score: +45.75

In terms of successful investing, slow and steady usually wins the race. Nothing is more steady and sustainable than providing evironmentally friendly cleaning products on an industrial scale to large clients (Costco, Healtcare institutions, etc.) who have interest in the perceived PR and health benefits of using "green" products. The stock price seems to track with the market, but with greater amplitude (and yes, more risk), but when the market does well, this stock does better, plain and simple. Entry at this point is a bit high, but is at a slight dip, so I think that I will still do well.

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Member Avatar scoobamang (< 20) Submitted: 10/29/2009 12:52:43 AM : Underperform Start Price: $27.06 TNC Score: -67.00

Sounds like it cleans a bunch of stuff nobody's going to be using anytime soon.

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Member Avatar Jimboski93 (< 20) Submitted: 4/17/2009 9:40:34 AM : Underperform Start Price: $12.75 TNC Score: -311.77

way overvalued

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Member Avatar ATXman38 (< 20) Submitted: 5/29/2008 11:50:12 AM : Outperform Start Price: $31.47 TNC Score: +73.19

Tennant is one of those sleepy companies that most people just don't even think about. Yes, we all like our floors to be clean, but how often do you really think about how Costco or GM plants clean?

Tennant has 3 distinct channels- direct sales for the industrial market, distribution for the smaller products and national accounts for both. They are the class of the industry in all three.

Most exciting is their cutting edge technology that is focusing on the green movement. Watch this sector of the company- if they can convince the end-user, the distributors will have to follow suit in order to supply their customers. If that happens, you will see more and more products come into play, and the competition will continue to try and play catch-up.

They are well managed in the field, and well run in the executive ranks. Admittedly, they are a bit top-heavy with senior management, and those guys are paid well. But all in all, they have solid products, solid people, and solid margins. Although they are an industrial company, they are well diversified in the industries they serve. Not recession proof, but I would say recession resistant, more so than most others.

The growth for Tennant lies in their ability to capture more of the market in schools, universities, and the healthcare industry- if they can achieve that this will will be a nice, sleepy pick where you can get 8-12% growth each year.

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Member Avatar SteelBreez99 (90.25) Submitted: 12/11/2007 5:47:27 PM : Outperform Start Price: $39.09 TNC Score: +39.25

VALUE LINES - TIMELY STOCKS IN TIMELY INDUSTRIES

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Member Avatar IamStillLearning (70.96) Submitted: 9/20/2007 2:39:12 AM : Underperform Start Price: $41.89 TNC Score: -28.78

20% short interest.

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Member Avatar somacho (89.88) Submitted: 8/1/2007 5:55:32 PM : Outperform Start Price: $36.98 TNC Score: +44.69

Need can never go away; growth is steady; used their products=excellent

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Member Avatar telekomunikasi (97.48) Submitted: 5/4/2007 5:52:15 PM : Outperform Start Price: $28.22 TNC Score: +106.39

company manages costs, buys back shares, and increases dividends. It may have to cool off for a while, but it will go back up.

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Member Avatar 5SsmallcapDIV (77.39) Submitted: 4/6/2007 2:25:29 PM : Outperform Start Price: $29.02 TNC Score: +93.56

5 Star/Small cap/Pays dividend

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Member Avatar alkamist27 (90.66) Submitted: 3/15/2007 11:05:50 AM : Outperform Start Price: $27.84 TNC Score: +97.97

small cap growth

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Member Avatar NetscribeInduGds (86.51) Submitted: 12/28/2006 5:30:34 AM : Outperform Start Price: $26.10 TNC Score: +117.43

‘On a successful voyage’, if there is one company that would like to reinforce this view, is Tennant (TNC), a world leader in designing, manufacturing and marketing of cleaning equipment and related products. With key offerings include floor maintenance equipment, outdoor cleaning equipment, aftermarket parts, and floor coating and preservation products. Its operations are spread across North America, Europe and other international markets including the Middle East, Asia, Japan, Latin America and Australia, through direct sales and authorized distributors.

Strong operating results in past few years has led the company to win accolades from all over. Tennant’s sales increased 6%, year over year, in recent concluded quarter, driven by new product introductions and margin expansion from more efficient designs of products.

Going forward, multiple aspects should support sustainable earnings growth for TNC. The company intends to expand internationally and is building a low-cost platform to support its manufacturing marks and launch new products. With the company’s Chinese manufacturing facility initiating operations recently, a revenue momentum story is well anticipated. Moreover with the launch of its new M20 integrated Scrubber-Sweeper and T20 Rider Scrubber, the company has achieved its goal of having 30% of sales coming from new products. Likewise its strategic focus on innovations and geographical expansion may prove handy to the company’s goal to achieve a higher operating margin soon.

Though, its high P/E multiple contrary to industry’s envisages a bit skeptical atmosphere, its horizontal acquisition of Hofmans Machinefabriek provides the company with ample opportunities to nurture.

Results 1 - 19 of 19

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