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 (NYSE:TNC) and Middleby (NASDAQ:MIDD) are both industrial products companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitability, community ranking, earnings, valuation and media sentiment.
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 1.12 beat Tennant's score of 0.97 indicating that Middleby is being referred to more favorably in the news media.
Tennant presently has a consensus price target of $106.00, suggesting a potential upside of 3.33%. Middleby has a consensus price target of $153.43, suggesting a potential upside of 19.02%. Given Middleby's higher probable upside, analysts plainly believe Middleby is more favorable than Tennant.
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.
Middleby has a net margin of 9.82% compared to Tennant's net margin of 9.10%. Tennant's return on equity of 23.16% beat Middleby's return on equity.
93.3% of Tennant shares are held by institutional investors. Comparatively, 98.6% of Middleby shares are held by institutional investors. 2.6% of Tennant shares are held by insiders. Comparatively, 1.2% of Middleby shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
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.
Tennant has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500. Comparatively, Middleby has a beta of 1.58, indicating that its stock price is 58% more volatile than the S&P 500.
Summary
Middleby beats Tennant on 13 of the 18 factors compared between the two stocks.
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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.
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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