Richard Zay - Tennant Senior Vice President - Technology and Innovation

TNC Stock  USD 91.20  1.51  1.68%   

President

Mr. Richard H. Zay is Senior Vice President The Americas and RD of the company. He joined the Company in June 2010 as Vice President, Global Marketing and was named Senior Vice President, Global Marketing in October 2013. In 2014, he was named Senior Vice President of the Americas business unit for Tennant and in 2018 he assumed responsibility for Tennant Research and Development as well. From 2006 to 2010, he held various positions with Whirlpool Corporationrationration, a manufacturer of major home appliances, most recently as General Manager, KitchenAid Brand. From 1993 to 2006, he held various positions with Maytag Corporationrationration, including Vice President, JennAir Brand, Director of Marketing, Maytag Brand, and Director of Cooking Category Management. since 2021.
Age 53
Tenure 3 years
Address 10400 Clean Street, Eden Prairie, MN, United States, 55344-2650
Phone763 540 1200
Webhttps://www.tennantco.com

Richard Zay Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Zay against Tennant stock is an integral part of due diligence when investing in Tennant. Richard Zay insider activity provides valuable insight into whether Tennant is net buyers or sellers over its current business cycle. Note, Tennant insiders must abide by specific rules, including filing SEC forms every time they buy or sell Tennant'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Tennant Management Efficiency

The company has Return on Asset of 0.0733 % which means that on every $100 spent on assets, it made $0.0733 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1809 %, implying that it generated $0.1809 on every 100 dollars invested. Tennant's management efficiency ratios could be used to measure how well Tennant manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.18, whereas Return On Tangible Assets are forecasted to decline to 0.09. At present, Tennant's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 73.7 M, whereas Intangible Assets are forecasted to decline to about 45.1 M.
Tennant Company has 242.4 M in debt with debt to equity (D/E) ratio of 0.7, which is OK given its current industry classification. Tennant Company has a current ratio of 2.1, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Tennant to invest in growth at high rates of return.
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. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota. Tennant operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 4250 people. Tennant Company (TNC) is traded on New York Stock Exchange in USA. It is located in 10400 Clean Street, Eden Prairie, MN, United States, 55344-2650 and employs 4,500 people. Tennant is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Tennant Company Leadership Team

Elected by the shareholders, the Tennant's board of directors comprises two types of representatives: Tennant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tennant. The board's role is to monitor Tennant's management team and ensure that shareholders' interests are well served. Tennant's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tennant's outside directors are responsible for providing unbiased perspectives on the board's policies.
Donal Mulligan, Independent Director
Carol Eicher, Independent Director
Fay West, Chief Financial Officer, Senior Vice President
Lorenzo Bassi, VP Relations
Pat Schottler, Senior Officer
Patrick Schottler, Senior Officer
Thomas Stueve, Treasury Tax
Thomas Paulson, Interim Chief Financial Officer and Interim Principal Accounting Officer
Steven Sonnenberg, Independent Chairman of the Board
Daniel Glusick, Senior Vice President - Global Operations
Barb Balinski, Senior Vice President - Innovation and Technology
Barbara Balinski, Senior Technology
David Windley, Independent Director
Mary Talbott, Senior Vice President General Counsel, Corporate Secretary
Fay CPA, CFO VP
Azita Arvani, Independent Director
Kristin Stokes, Senior Vice President General Counsel and Corporate Secretary
Andrew Cebulla, Interim Chief Financial Officer and Interim Principal Accounting Officer
William Austen, Independent Director
David Huml, President, Chief Executive Officer, Chief Operating Officer, Director
Carol McKnight, Senior Vice President, Chief Administrative Officer
Richard Zay, Senior Vice President - Technology and Innovation
Kathryn Lovik, Global Director
Hans Killingstad, President, Chief Executive Officer, Director
Kristin Erickson, General VP
Jason Peterson, Global Director
David Wichmann, Independent Director
David Cox, Ex Officer
Timothy Morse, Independent Director
Maria Green, Independent Director
Brock Christianson, Senior Officer

Tennant Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tennant a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tennant Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tennant's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tennant Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tennant Company Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tennant. If investors know Tennant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tennant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Dividend Share
1.12
Earnings Share
5.67
Revenue Per Share
67.733
Quarterly Revenue Growth
0.036
The market value of Tennant Company is measured differently than its book value, which is the value of Tennant that is recorded on the company's balance sheet. Investors also form their own opinion of Tennant's value that differs from its market value or its book value, called intrinsic value, which is Tennant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tennant's market value can be influenced by many factors that don't directly affect Tennant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tennant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.