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Tennant (TNC) Competitors

$104.90
-0.58 (-0.55%)
(As of 05/17/2024 08:54 PM ET)

TNC vs. SXI, MIDD, UFPT, EPAC, B, KMT, POWL, OI, LZ, and HEES

Should you be buying Tennant stock or one of its competitors? The main competitors of Tennant include Standex International (SXI), Middleby (MIDD), UFP Technologies (UFPT), Enerpac Tool Group (EPAC), Barnes Group (B), Kennametal (KMT), Powell Industries (POWL), O-I Glass (OI), LegalZoom.com (LZ), and H&E Equipment Services (HEES). These companies are all part of the "industrial products" sector.

Tennant vs.

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

90.4% of Standex International shares are owned by institutional investors. Comparatively, 93.3% of Tennant shares are owned by institutional investors. 2.3% of Standex International shares are owned by insiders. Comparatively, 2.6% of Tennant shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Standex International pays an annual dividend of $1.20 per share and has a dividend yield of 0.7%. Tennant pays an annual dividend of $1.12 per share and has a dividend yield of 1.1%. Standex International pays out 19.4% of its earnings in the form of a dividend. Tennant pays out 18.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Standex International has increased its dividend for 13 consecutive years and Tennant has increased its dividend for 52 consecutive years. Tennant is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Tennant received 55 more outperform votes than Standex International when rated by MarketBeat users. However, 64.45% of users gave Standex International an outperform vote while only 62.17% of users gave Tennant an outperform vote.

CompanyUnderperformOutperform
Standex InternationalOutperform Votes
272
64.45%
Underperform Votes
150
35.55%
TennantOutperform Votes
327
62.17%
Underperform Votes
199
37.83%

Standex International has a net margin of 10.11% compared to Standex International's net margin of 9.10%. Standex International's return on equity of 23.16% beat Tennant's return on equity.

Company Net Margins Return on Equity Return on Assets
Standex International10.11% 13.72% 8.37%
Tennant 9.10%23.16%11.82%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Standex International$741.05M2.77$138.99M$6.1828.30
Tennant$1.24B1.60$109.50M$6.0217.43

In the previous week, Tennant had 2 more articles in the media than Standex International. MarketBeat recorded 8 mentions for Tennant and 6 mentions for Standex International. Standex International's average media sentiment score of 0.78 beat Tennant's score of 0.58 indicating that Tennant is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Standex International
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tennant
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Standex International has a beta of 1.06, suggesting that its stock price is 6% more volatile than the S&P 500. Comparatively, Tennant has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500.

Standex International currently has a consensus target price of $191.00, suggesting a potential upside of 9.20%. Tennant has a consensus target price of $106.00, suggesting a potential upside of 1.05%. Given Tennant's higher probable upside, equities analysts clearly believe Standex International is more favorable than Tennant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Standex International
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Tennant
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Tennant beats Standex International on 12 of the 20 factors compared between the two stocks.

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.
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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.
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TNC vs. The Competition

MetricTennantRefrigeration & service industry machinery IndustryIndustrial SectorNYSE Exchange
Market Cap$1.99B$3.59B$9.62B$18.08B
Dividend Yield1.07%0.88%2.01%3.44%
P/E Ratio17.4326.2720.7026.21
Price / Sales1.602.338.6010.64
Price / Cash11.2314.6819.1119.24
Price / Book3.242.783.916.00
Net Income$109.50M$182.52M$466.87M$966.17M
7 Day Performance-1.26%-1.47%11.40%1.85%
1 Month Performance-8.70%0.06%9.64%6.59%
1 Year Performance34.88%19.81%11.08%23.69%

Tennant Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SXI
Standex International
2.6787 of 5 stars
$177.12
+1.2%
$191.00
+7.8%
+25.2%$2.08B$741.05M28.663,800
MIDD
Middleby
4.2063 of 5 stars
$137.01
-0.2%
$158.50
+15.7%
-5.4%$7.37B$4.04B19.0810,722High Trading Volume
UFPT
UFP Technologies
1.2475 of 5 stars
$262.68
+1.3%
$238.50
-9.2%
+70.0%$2.01B$400.07M42.233,293Positive News
EPAC
Enerpac Tool Group
2.3529 of 5 stars
$37.39
-0.6%
$35.00
-6.4%
+47.7%$2.03B$598.20M29.442,100Short Interest ↑
Positive News
B
Barnes Group
1.6323 of 5 stars
$40.35
+3.0%
$40.67
+0.8%
-0.3%$2.05B$1.45B448.336,500Analyst Revision
Positive News
KMT
Kennametal
1.1521 of 5 stars
$26.42
+2.4%
$24.75
-6.3%
-0.8%$2.09B$2.08B19.578,739Short Interest ↓
POWL
Powell Industries
1.0421 of 5 stars
$159.09
-0.8%
N/A+167.0%$1.91B$699.31M18.892,725
OI
O-I Glass
4.4509 of 5 stars
$13.94
+2.3%
$19.56
+40.3%
-39.3%$2.12B$6.87B-8.7723,000Options Volume
Analyst Revision
News Coverage
LZ
LegalZoom.com
3.8004 of 5 stars
$9.60
-1.5%
$14.75
+53.6%
-17.7%$1.81B$660.73M87.281,190Analyst Forecast
HEES
H&E Equipment Services
4.9795 of 5 stars
$48.57
-1.4%
$63.00
+29.7%
+31.3%$1.77B$1.47B10.402,765Dividend Announcement

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This page (NYSE:TNC) was last updated on 5/20/2024 by MarketBeat.com Staff

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