Free Trial

Tennant (TNC) Competitors

$102.66
+0.98 (+0.96%)
(As of 05/31/2024 ET)

TNC vs. MIDD, GTLS, WTS, MLI, FLS, TKR, VMI, KAI, NPO, and JBT

Should you be buying Tennant stock or one of its competitors? The main competitors of Tennant include Middleby (MIDD), Chart Industries (GTLS), Watts Water Technologies (WTS), Mueller Industries (MLI), Flowserve (FLS), Timken (TKR), Valmont Industries (VMI), Kadant (KAI), Enpro (NPO), and John Bean Technologies (JBT). These companies are all part of the "industrial machinery" industry.

Tennant vs.

Middleby (NASDAQ:MIDD) and Tennant (NYSE:TNC) are both industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, valuation, institutional ownership, media sentiment, risk, profitability, dividends, community ranking and analyst recommendations.

Middleby has higher revenue and earnings than Tennant. Tennant is trading at a lower price-to-earnings ratio than Middleby, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Middleby$3.96B1.75$400.88M$7.1817.95
Tennant$1.24B1.57$109.50M$6.0217.05

Middleby has a beta of 1.58, meaning that its stock price is 58% more volatile than the S&P 500. Comparatively, Tennant has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500.

Middleby presently has a consensus target price of $153.43, indicating a potential upside of 19.02%. Tennant has a consensus target price of $106.00, indicating a potential upside of 3.25%. Given Tennant's higher possible upside, research analysts plainly believe Middleby is more favorable than Tennant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Middleby
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63
Tennant
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Middleby has a net margin of 9.82% compared to Middleby's net margin of 9.10%. Middleby's return on equity of 23.16% beat Tennant's return on equity.

Company Net Margins Return on Equity Return on Assets
Middleby9.82% 15.88% 7.25%
Tennant 9.10%23.16%11.82%

98.6% of Middleby shares are owned by institutional investors. Comparatively, 93.3% of Tennant shares are owned by institutional investors. 1.2% of Middleby shares are owned by company insiders. Comparatively, 2.6% of Tennant shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

In the previous week, Middleby had 7 more articles in the media than Tennant. MarketBeat recorded 10 mentions for Middleby and 3 mentions for Tennant. Middleby's average media sentiment score of 0.83 beat Tennant's score of 0.76 indicating that Tennant is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Middleby
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tennant
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Middleby received 45 more outperform votes than Tennant when rated by MarketBeat users. However, 62.17% of users gave Tennant an outperform vote while only 59.05% of users gave Middleby an outperform vote.

CompanyUnderperformOutperform
MiddlebyOutperform Votes
372
59.05%
Underperform Votes
258
40.95%
TennantOutperform Votes
327
62.17%
Underperform Votes
199
37.83%

Summary

Middleby beats Tennant on 12 of the 18 factors compared between the two stocks.

Get Tennant News Delivered to You Automatically

Sign up to receive the latest news and ratings for TNC and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TNC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

TNC vs. The Competition

MetricTennantRefrigeration & service industry machinery IndustryIndustrial SectorNYSE Exchange
Market Cap$1.95B$3.49B$9.24B$17.81B
Dividend Yield1.10%0.91%1.99%3.55%
P/E Ratio17.0525.6220.5325.81
Price / Sales1.572.288.5511.39
Price / Cash10.9114.0618.9818.95
Price / Book3.172.703.895.90
Net Income$109.50M$182.52M$462.55M$976.46M
7 Day Performance0.14%0.55%-1.37%0.62%
1 Month Performance-10.52%-3.32%3.11%4.79%
1 Year Performance38.37%22.88%11.47%24.00%

Tennant Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MIDD
Middleby
4.1783 of 5 stars
$126.54
+2.0%
$153.43
+21.2%
-3.2%$6.80B$4.04B17.6210,722Analyst Revision
GTLS
Chart Industries
3.6481 of 5 stars
$153.85
0.0%
$197.57
+28.4%
+40.7%$6.58B$3.35B153.8511,637Analyst Forecast
WTS
Watts Water Technologies
3.8195 of 5 stars
$197.24
-0.4%
$199.50
+1.1%
+23.5%$6.58B$2.06B24.475,100Positive News
MLI
Mueller Industries
1.7974 of 5 stars
$57.90
-0.6%
N/A+58.3%$6.58B$3.42B11.604,509Insider Selling
FLS
Flowserve
3.6319 of 5 stars
$48.69
-0.8%
$51.55
+5.9%
+50.2%$6.41B$4.32B27.5116,000Short Interest ↑
TKR
Timken
4.0748 of 5 stars
$86.21
-0.3%
$87.91
+2.0%
+19.1%$6.07B$4.70B16.4219,000
VMI
Valmont Industries
2.8852 of 5 stars
$251.09
-0.3%
$262.00
+4.3%
-4.7%$5.07B$4.17B33.0811,125Analyst Downgrade
KAI
Kadant
3.6969 of 5 stars
$279.41
+1.5%
$360.00
+28.8%
+49.3%$3.28B$957.67M29.113,100Positive News
NPO
Enpro
0.9953 of 5 stars
$148.58
+0.7%
$158.00
+6.3%
+50.3%$3.11B$1.06B-1,061.213,500
JBT
John Bean Technologies
3.3442 of 5 stars
$94.06
-1.2%
$121.00
+28.6%
-11.8%$2.99B$1.66B5.025,100Positive News

Related Companies and Tools

This page (NYSE:TNC) was last updated on 6/2/2024 by MarketBeat.com Staff

From Our Partners