TNC — Tennant Company

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates TNC Bearish with a Setup Score of 11, net conviction 29, actionability 4. How the Setup Score works →

Total Setup Score11
Directional BiasBearish
Net Conviction29
Actionability4 (in range)

Key signals behind this score

About Tennant Company

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers manual and autonomous mechanized cleaning equipment for industrial and commercial use, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, and equipment maintenance and repair services. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$65.93
Market Cap$1.12B
Float16.6M
Shares Outstanding17.0M
P/E (Forward)11.79
P/E (TTM)63.40
Price/Sales (TTM)0.92
vs. Analyst Target+33.1% to analyst PT
Profit Margin1.50%
Operating Margin (TTM)5.31%
Revenue (TTM)$1.22B
Earnings Growth (YoY)-59.30%
Dividend Rate1.2%
Analyst Target Price$87.75 (3 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.00B $33.7M $408M $112M
2021 $1.09B $64.9M $438M $135M
2022 $1.09B $66.3M $421M $135M
2023 $1.24B $110M $528M $188M
2024 $1.29B $83.7M $550M $169M
2025 $1.20B $43.8M $484M $126M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $303M $14.9M
Dec 2025 $292M -$4.4M
Mar 2026 $298M $200,000
Jun 2026 $324M $7.6M

Ownership & Float

Insider Ownership2.2%
Institutional Ownership110.2%
Short Float8.2%
% of All Funds Holding2.71%
Number of Funds Holding238

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$68.96Near-term / short-term trend
Weekly40-Week SMA$77.00Medium-term trend
Weekly80-Week SMA$77.10Cyclical trend (business cycle)
Weekly200-Week SMA$82.87Secular trend (multi-year)
Monthly10-Month SMA$74.70Near-term monthly trend
Monthly20-Month SMA$76.16Medium-term monthly trend
Monthly40-Month SMA$84.76Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$85.00 resistance 1.32x 1 months ago
$61.00 support 2.43x 6 months ago
$88.00 resistance 1.63x 21 months ago

Historical Earnings Reactions (124 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.25% 0.00% 45.97% 6.06% -17.45%
1 Day -0.36% 0.00% 42.74% 16.74% -23.43%
1 Week -0.08% 0.11% 52.42% 39.02% -26.22%
2 Weeks -0.07% -0.87% 45.97% 30.59% -32.72%
1 Month 0.69% -0.64% 47.97% 25.56% -35.96%

Next earnings: November 2, 2026 (21 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-1.3%31.4%51
Feb0.7%62.7%51
Mar2.2%60.8%51
Apr2.1%49.0%51
May1.6%56.9%51
Jun1.6%54.9%51
Jul1.9%58.8%51
Aug-0.9%47.1%51
Sep0.0%45.1%51
Oct-2.0%40.0%50
Nov2.7%64.0%50
Dec1.5%56.9%51

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.02% 39.7% 2402
Tuesday 0.06% 39.0% 2605
Wednesday 0.04% 38.7% 2606
Thursday -0.01% 39.6% 2556
Friday 0.11% 41.4% 2541

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 110.2%

Insider Transactions — Smart Summary

Total insider ownership: 2.2%

12-Month Insider Activity Summary

Total Filings10
Net Value-$1.2M
Net Shares Change77,925
% of Float0.5%
C-Suite Filings2
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Mulligan Donal L +$1.0M 2 2 buy
Huml David W. PRESIDENT AND CEO -$608,552.71 1 1 buy
Zay Richard H. CHIEF COMMERCIAL OFFICER -$605,103.125 1 1 sell
Glerum James T Jr. +$499,979.668 1 1 buy
ALLEN PATRICK E +$208,250.4 1 1 buy
Morse Timothy R. +$102,270 1 1 buy
Windley David -$5,309.166 1 1 sell
EICHER CAROL S -$468.8 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-03-02 – 2026-03-02 6 6 +$389,513.643 1 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-09-23 ALLEN PATRICK E +$208,250.4 Transaction at $69.42, now -5.0%
2026-08-13 Mulligan Donal L +$538,720 Transaction at $67.34, now -2.1%
2026-08-13 Morse Timothy R. +$102,270 Transaction at $68.18, now -3.3%
2026-03-02 Huml David W. PRESIDENT AND CEO -$608,552.71 Transaction at $63.56, now +3.7%
2026-05-11 Zay Richard H. CHIEF COMMERCIAL OFFICER -$605,103.125 Transaction at $88.02, now -25.1%
2026-03-02 Mulligan Donal L +$504,129.6 Transaction at $63.02, now +4.6%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Tennant Company (TNC) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for TNC on Trend Edge →