Tesco Corporation Company Profile (NASDAQ:TESO)

About Tesco Corporation

Tesco Corporation logoTesco Corporation is engaged in designing, assembly and service delivery of technology-based solutions for the upstream energy industry. The Company's product and service offerings consist primarily of equipment sales and services to drilling contractors, and exploration and production companies around the world. The Company operates through four segments: Top Drives, Tubular Services, Research & Engineering, and Corporate and Other. The Company's Top Drive segment includes top drive sales, top drive rentals and after-market sales and services. Its Tubular Services segment includes automated and conventional tubular services. Its Research and Engineering segment includes internal research and development activities related to its automated tubular services and top drive model development, as well as the Casing Drilling technology prior to the sale.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Oil & Gas Equipment & Services
  • Exchange: NASDAQ
  • Symbol: TESO
  • CUSIP: 88157K10
Key Metrics:
  • Previous Close: $8.50
  • 50 Day Moving Average: $8.79
  • 200 Day Moving Average: $7.96
  • 52-Week Range: $5.72 - $9.77
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -8.25
  • P/E Growth: -0.11
  • Market Cap: $392.11M
  • Outstanding Shares: 46,403,000
  • Beta: 1.4
  • Net Margins: -115.95%
  • Return on Equity: -18.80%
  • Return on Assets: -16.90%
  • Current Ratio: 7.41%
  • Quick Ratio: 4.84%
Additional Links:
Companies Related to Tesco Corporation:

Analyst Ratings

Consensus Ratings for Tesco Corporation (NASDAQ:TESO) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $8.67 (1.96% upside)

Analysts' Ratings History for Tesco Corporation (NASDAQ:TESO)
DateFirmActionRatingPrice TargetDetails
1/19/2017Cowen and CompanyDowngradeOutperform -> Market Perform$10.00 -> $9.00View Rating Details
12/22/2016Bank of America CorpInitiated CoverageUnderperformView Rating Details
11/17/2016HSBC Holdings plcUpgradeBuyView Rating Details
9/26/2016Barclays PLCReiterated RatingBuyView Rating Details
8/19/2016Seaport Global SecuritiesReiterated RatingNeutralView Rating Details
8/10/2016FBR & CoSet Price TargetBuy$9.00View Rating Details
3/2/2016Iberia CapitalLower Price TargetSector Perform$9.00 -> $8.00View Rating Details
12/1/2015GuggenheimUpgradeNeutral -> BuyView Rating Details
6/19/2015SidotiInitiated CoverageBuy$17.00View Rating Details
(Data available from 2/22/2015 forward)


Earnings History for Tesco Corporation (NASDAQ:TESO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017ListenView Earnings Details
11/4/2016Q316($0.37)($0.37)$29.20 million$30.40 millionViewListenView Earnings Details
8/9/2016Q216($0.42)($0.39)$32.41 million$33.60 millionViewListenView Earnings Details
5/10/2016Q116($0.35)($0.46)$42.86 million$35.50 millionViewListenView Earnings Details
3/1/2016Q415($0.32)($0.33)$56.37 million$52.20 millionViewListenView Earnings Details
11/4/2015Q315($0.25)($0.32)$65.60 million$61.40 millionViewListenView Earnings Details
8/6/2015Q215($0.07)($0.21)$75.94 million$74.50 millionViewListenView Earnings Details
5/8/2015Q115($0.01)($0.08)$99.34 million$91.70 millionViewN/AView Earnings Details
4/2/2015$0.14$0.12ViewN/AView Earnings Details
11/4/2014Q314$0.34$0.27$154.08 million$141.90 millionViewN/AView Earnings Details
8/1/2014Q214$0.28$0.29$143.08 million$145.10 millionViewN/AView Earnings Details
5/5/2014Q114$0.25$0.21$137.52 million$121.40 millionViewN/AView Earnings Details
2/28/2014Q413$0.30$0.14$133.10 millionViewN/AView Earnings Details
11/4/2013Q313$0.24$0.29$133.08 million$132.20 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.19$0.26$129.10 million$129.00 millionViewListenView Earnings Details
5/6/2013Q1 2013$0.25$0.22$126.22 million$127.10 millionViewListenView Earnings Details
2/28/2013Q4 2012$0.21$0.34$120.47 million$137.60 millionViewListenView Earnings Details
11/5/2012Q312$0.26$0.23$127.77 million$126.40 millionViewN/AView Earnings Details
8/6/2012$0.33$0.34ViewN/AView Earnings Details
11/7/2011$0.23$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Tesco Corporation (NASDAQ:TESO)
Current Year EPS Consensus Estimate: $-1.58 EPS
Next Year EPS Consensus Estimate: $-1.03 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167($0.36)($0.18)($0.31)
Q2 20164($0.44)($0.39)($0.42)
Q3 20164($0.45)($0.30)($0.37)
Q4 20164($0.42)($0.33)($0.36)
Q1 20173($0.41)($0.26)($0.33)
Q2 20173($0.29)($0.18)($0.25)
Q3 20173($0.27)($0.11)($0.21)
Q4 20173($0.26)($0.08)($0.19)
Q1 20181($0.13)($0.13)($0.13)
Q2 20181($0.09)($0.09)($0.09)
(Data provided by Zacks Investment Research)


Dividend History for Tesco Corporation (NASDAQ:TESO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Tesco Corporation (NASDAQ:TESO)
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 94.50%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/4/2017Fernando Rafael AssingCEOSell2,857$8.55$24,427.35View SEC Filing  
1/3/2017Christopher L BooneCFOSell3,529$8.25$29,114.25View SEC Filing  
1/3/2017Fernando Rafael AssingCEOSell5,214$8.25$43,015.50View SEC Filing  
1/3/2017Nicholas MawfordVPSell757$8.25$6,245.25View SEC Filing  
12/21/2016Fernando Rafael AssingCEOSell4,224$9.03$38,142.72View SEC Filing  
12/13/2016Christopher L BooneCFOSell1,106$8.80$9,732.80View SEC Filing  
12/13/2016Douglas GreeningVPSell494$8.80$4,347.20View SEC Filing  
12/13/2016Fernando Rafael AssingCEOSell11,533$8.80$101,490.40View SEC Filing  
12/13/2016John DielwartDirectorSell1,090$8.80$9,592.00View SEC Filing  
12/8/2016Fernando Rafael AssingCEOSell30,444$8.44$256,947.36View SEC Filing  
12/7/2016John DielwartDirectorSell1,374$8.60$11,816.40View SEC Filing  
12/6/2016Christopher L BooneCFOSell2,751$8.16$22,448.16View SEC Filing  
12/6/2016Michael IrausquinVPSell696$8.16$5,679.36View SEC Filing  
12/6/2016Thomas B SloanInsiderSell1,892$8.16$15,438.72
12/4/2016Michael W SutherlinDirectorBuy5,500$7.73$42,515.00
12/4/2016Thomas B SloanInsiderBuy7,333$7.73$56,684.09
11/17/2016Michael IrausquinVPSell4,098$7.05$28,890.90View SEC Filing  
11/11/2016Fernando Rafael AssingCEOSell3,333$7.15$23,830.95View SEC Filing  
11/11/2016Gary L KottDirectorSell15,432$7.06$108,949.92View SEC Filing  
11/11/2016Nicholas MawfordVPSell191$7.06$1,348.46View SEC Filing  
3/8/2016Michael James NiedermaierInsiderSell1,102$11.42$12,584.84
1/6/2016Christopher L BooneCFOSell866$7.09$6,139.94View SEC Filing  
1/6/2016Fernando Rafael AssingDirectorSell6,318$7.10$44,847.69
1/6/2016Mihial Dean FerrisSVPSell3,679$7.09$26,084.11View SEC Filing  
1/6/2016Roy Evan McnivenInsiderSell398$7.11$2,828.27
1/5/2016Douglas GreeningVPSell229$7.36$1,685.44View SEC Filing  
1/5/2016Nicholas MawfordInsiderSell1,245$7.36$9,158.72
12/31/2015Roy Evan McnivenInsiderBuy1,395$0.00$0.00
12/30/2015Douglas Christian GreeningInsiderSell345$7.27$2,508.01
12/23/2015Fernando Rafael AssingDirectorSell2,368$7.55$17,889.06
12/23/2015Roy Evan McnivenInsiderSell312$7.56$2,359.47
12/19/2015Fernando Rafael AssingDirectorBuy6,667$0.00$0.00
12/18/2015Christopher L BooneCFOSell1,087$7.09$7,706.83View SEC Filing  
12/18/2015Darko UlakovicInsiderSell458$7.09$3,245.53
12/18/2015Fernando Rafael AssingDirectorSell6,913$7.08$48,972.38
12/18/2015Michael IrausquinVPSell334$7.09$2,368.06View SEC Filing  
12/18/2015Mihial Dean FerrisSVPSell765$7.11$5,439.15View SEC Filing  
11/18/2015R. Vance MilliganDirectorBuy11,500$7.82$89,892.05
5/10/2015Michael W SutherlinDirectorBuy1,167$0.00$0.00
5/10/2015Mihial Dean FerrisInsiderBuy2,168$0.00$0.00
1/5/2015Fernando Rafael AssingCEOSell5,329$12.35$65,813.15View SEC Filing  
1/5/2015Julio M QuintanaDirectorSell21,507$12.12$260,664.84View SEC Filing  
1/5/2015Mihial Dean FerrisSVPSell2,812$12.21$34,334.52View SEC Filing  
12/12/2014Mihial Dean FerrisSVPSell3,000$12.29$36,870.00View SEC Filing  
9/12/2014Mihial Dean FerrisSVPSell1,671$20.09$33,570.39View SEC Filing  
8/12/2014Fernando Rafael AssingCOOSell1,753$19.76$34,639.28View SEC Filing  
6/9/2014V Luxembourg Holdings S.A LrpMajor ShareholderSell1,066,182$21.25$22,656,367.50View SEC Filing  
5/20/2014Julio QuintanaCEOSell4,562$21.05$96,030.10View SEC Filing  
5/12/2014Gary KottDirectorSell9,633$21.54$207,494.82View SEC Filing  
5/12/2014Mihial Dean FerrisSVPSell4,400$21.48$94,512.00View SEC Filing  
4/7/2014Fernando Rafael AssingCOOSell29,591$17.93$530,566.63View SEC Filing  
3/13/2014Julio QuintanaCEOSell12,252$17.00$208,284.00View SEC Filing  
3/12/2014Julio QuintanaCEOSell67,741$17.01$1,152,274.41View SEC Filing  
3/11/2014Julio QuintanaCEOSell101,237$17.19$1,740,264.03View SEC Filing  
12/13/2013Mihial Dean FerrisSVPSell41,533$18.26$758,392.58View SEC Filing  
12/12/2013Mihial Dean FerrisSVPSell4,667$18.21$84,986.07View SEC Filing  
12/11/2013Jeffrey FosterVPSell2,491$18.01$44,862.91View SEC Filing  
11/13/2013Fernando Rafael AssingCOOSell2,923$18.65$54,513.95View SEC Filing  
11/13/2013Julio QuintanaCEOSell11,065$18.63$206,140.95View SEC Filing  
8/13/2013Fernando Rafael AssingCOOSell1,240$14.95$18,538.00View SEC Filing  
8/13/2013Mihial Dean FerrisSVPSell1,664$14.97$24,910.08View SEC Filing  
5/15/2013Julio Manuel QuintanaDirectorSell4,036$12.48$50,367.67View SEC Filing  
11/14/2012Julio M QuintanaCEOSell6,637$10.00$66,370.00View SEC Filing  
8/10/2012Mihial Dean FerrisSVPSell2,900$11.28$32,712.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Tesco Corporation (NASDAQ:TESO)
News IconApplications for 3% Tesco Bank account suspended after MoneySavers' stampede (NASDAQ:TESO)
www.moneysavingexpert.com - February 13 at 3:40 PM
News IconStrike at eight Tesco stores set for tomorrow in dispute over pay (NASDAQ:TESO)
www.irishtimes.com - February 13 at 3:40 PM
News IconTrouble at till …Tesco’s pricing problems are a lesson to us all! (NASDAQ:TESO)
henrytapper.com - February 13 at 3:40 PM
News IconTesco freezes current account openings after 3pc interest guarantee (NASDAQ:TESO)
www.telegraph.co.uk - February 13 at 3:40 PM
News IconUnion issues '11th hour' call for talks with Tesco (NASDAQ:TESO)
www.newstalk.com - February 13 at 3:40 PM
uk.finance.yahoo.com logoTesco Bank suspends applications for 3% current account as 60,000 punters swamp process in just four days (NASDAQ:TESO)
uk.finance.yahoo.com - February 13 at 3:40 PM
News IconTesco scheme a ‘fulfilling experience’ (NASDAQ:TESO)
www.farminglife.com - February 13 at 3:40 PM
News IconTesco, energy, pensioners and employment (NASDAQ:TESO)
blogs.spectator.co.uk - February 13 at 3:40 PM
News IconTesco customers overcharged by out-of-date offers (NASDAQ:TESO)
www.bbc.co.uk - February 13 at 3:40 PM
News IconTesco Bank freezes new sign-ups to its 3% interest current account after tens of thousands rush to sign up every day (NASDAQ:TESO)
www.dailymail.co.uk - February 13 at 3:40 PM
News IconNine Tesco shops face strikes starting next week (NASDAQ:TESO)
www.sundayworld.com - February 9 at 6:05 AM
News IconTesco staff to strike at nine stores from next Tuesday (NASDAQ:TESO)
www.irishtimes.com - February 9 at 6:05 AM
biz.yahoo.com logoTESCO CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:TESO)
biz.yahoo.com - February 8 at 7:15 AM
finance.yahoo.com logoTesco Corporation Schedules Fourth Quarter and Full Year 2016 Earnings Release and Conference Call for February 28 (NASDAQ:TESO)
finance.yahoo.com - February 8 at 7:15 AM
News IconNintendo Switch: Release date, games and everything you need to know (NASDAQ:TESO)
www.manchestereveningnews.co.uk - February 6 at 9:06 PM
News IconGrowthWorks Commercialization Fund Ltd. Applies to Extend Time for Annual General Meeting (NASDAQ:TESO)
www.finanzen.ch - January 31 at 3:52 AM
bloomberg.com logoTesco's Booker Prize at Risk (NASDAQ:TESO)
www.bloomberg.com - January 30 at 11:29 AM
nytimes.com logoThe New York Times (NASDAQ:TESO)
www.nytimes.com - January 28 at 6:55 AM
live-pr.com logoNow Available: Tesco PLC - Strategy, SWOT and Corporate Finance Report (NASDAQ:TESO)
www.live-pr.com - January 28 at 6:55 AM
wsj.com logoTesco's Steal Leaves Booker Investors Short (NASDAQ:TESO)
www.wsj.com - January 27 at 12:34 PM
News Icon'An absolute field day': Tesco and Booker's £3.7 billion merger could be a competition headache (NASDAQ:TESO)
www.businessinsider.com - January 27 at 6:42 AM
News IconTesco to buy Booker in landmark £3.7 billion merger (NASDAQ:TESO)
eleganthomesinla.com - January 27 at 6:11 AM
News IconVice President of Tesco Corporation (NASDAQ:TESO), Greening Douglas, sells 865 shares worth $7,058 (NASDAQ:TESO)
empowerednews.net - January 27 at 6:11 AM
feeds.reuters.com logoTesco to buy UK wholesaler Booker for $4.64 billion (NASDAQ:TESO)
feeds.reuters.com - January 27 at 5:22 AM
bloomberg.com logoTesco’s Lewis Charts New Course With $4.6 Billion Booker Buy (NASDAQ:TESO)
www.bloomberg.com - January 27 at 5:22 AM
marketwatch.com logoLondon Markets: FTSE 100 seesaws, but Tesco soars on deal and dividend news (NASDAQ:TESO)
www.marketwatch.com - January 27 at 4:55 AM
cnbc.com logoLive: Massive spike in Tesco shares as firm buys Booker for $4.6 billion (NASDAQ:TESO)
www.cnbc.com - January 27 at 4:36 AM
seekingalpha.com logoTesco to buy U.K. wholesaler Booker for £3.7B (NASDAQ:TESO)
seekingalpha.com - January 27 at 3:48 AM
cnbc.com logoTesco to buy UK wholesaler Booker for $4.6 billion (NASDAQ:TESO)
www.cnbc.com - January 27 at 3:06 AM
nytimes.com logoRBS Adds $3.8 Billion to Mortgage Inquiry Provisions as Rivals Settle - New York Times (NASDAQ:TESO)
www.nytimes.com - January 26 at 7:46 AM
capitalcube.com logoTesco Corp. – Value Analysis (NASDAQ:TESO) : January 24, 2017 (NASDAQ:TESO)
www.capitalcube.com - January 25 at 6:28 AM
capitalcube.com logoTesco Corp. breached its 50 day moving average in a Bearish Manner : TESO-US : January 23, 2017 (NASDAQ:TESO)
www.capitalcube.com - January 23 at 11:29 PM
News IconCoop Switzerland, Marks & Spencer, Migros and Waitrose show leadership on farm animal welfare, reports shows (NASDAQ:TESO)
www.retailtimes.co.uk - January 23 at 8:07 AM
News IconDeloitte Survey: Schwarz top among European Retailers, Tesco ranks ninth (NASDAQ:TESO)
www.internationalsupermarketnews.com - January 23 at 8:07 AM
us.rd.yahoo.com logoTesco downgraded by Cowen (NASDAQ:TESO)
us.rd.yahoo.com - January 21 at 7:55 PM
News IconTractor Supply Company (NASDAQ:TSCO) Noted As 'Outperform' In Update From Wedbush (NASDAQ:TESO)
vgtoday.net - January 20 at 7:03 AM
newsmaker.com.au logoGlobal Automotive Robotics Market Key Players Harmonic Drive System, ABB Group, Kawasaki, KUKA, Nab Tesco and Fanuc Corporation Forecast to 2022 (NASDAQ:TESO)
www.newsmaker.com.au - January 16 at 12:52 PM
News IconCAN YOU BUY VIAGRA IN TESCO - Levitra Rx - 10,949 Orders Today (NASDAQ:TESO)
www.fuelsnews.com - January 13 at 12:22 AM
News IconBarclays PLC Analysts Give Microsoft Corporation (MSFT) a $70.00 Price Target (NASDAQ:TESO)
baddgoddess.com - January 13 at 12:22 AM
forbes.com logoTesco, Sainsbury's And Morrisons Have All Beaten Christmas Sales Forecasts. Time To Buy Back In? (NASDAQ:TESO)
www.forbes.com - January 12 at 8:54 AM
News IconHere are the Christmas winners and losers from the High Street's 'Super Thursday' (NASDAQ:TESO)
www.businessinsider.com - January 12 at 4:46 AM
marketwatch.com logoLondon Markets: FTSE 100 falls after retailers reveal Christmas trading figures (NASDAQ:TESO)
www.marketwatch.com - January 12 at 4:46 AM
feeds.reuters.com logoTesco caps year of recovery with solid Christmas trading (NASDAQ:TESO)
feeds.reuters.com - January 12 at 2:38 AM
feeds.reuters.com logoUPDATE 1-Tesco caps year of recovery with solid Christmas trading (NASDAQ:TESO)
feeds.reuters.com - January 12 at 2:38 AM
feeds.reuters.com logoUPDATE 3-UK supermarkets Morrisons and Tesco join Christmas winners list (NASDAQ:TESO)
feeds.reuters.com - January 10 at 7:38 AM
feeds.reuters.com logoUPDATE 1-Tesco named the Christmas winner as UK grocery inflation returns - Kantar (NASDAQ:TESO)
feeds.reuters.com - January 10 at 4:24 AM
News IconSolid Christmas for UK supermarkets before uncertain 2017 (NASDAQ:TESO)
www.businessinsider.com - January 8 at 3:55 AM
einnews.com logoShould Tesco ban people shopping in their pyjamas? (NASDAQ:TESO)
brazilbusiness.einnews.com - January 7 at 2:09 AM
publicnow.com logo11/22/16 Tesco Expands Its Successful Logistics Relationship with C.H. Robinson (NASDAQ:TESO)
www.publicnow.com - January 6 at 6:06 AM
fxpips.com logoManufacturing Stocks Review, Post Yuletide Market Report (NASDAQ:TESO)
www.fxpips.com - December 27 at 8:49 AM


What is Tesco Corporation's stock symbol?

Tesco Corporation trades on the NASDAQ under the ticker symbol "TESO."

Where is Tesco Corporation's stock going? Where will Tesco Corporation's stock price be in 2017?

7 equities research analysts have issued 1-year target prices for Tesco Corporation's stock. Their predictions range from $8.00 to $9.00. On average, they anticipate Tesco Corporation's stock price to reach $8.67 in the next year.

When will Tesco Corporation announce their earnings?

Tesco Corporation is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Tesco Corporation stock?

Tesco Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (14.88%), Dimensional Fund Advisors LP (5.65%), State Street Corp (1.99%), Royce & Associates LP (1.54%), Franklin Resources Inc. (1.20%) and Renaissance Technologies LLC (0.58%). Company insiders that own Tesco Corporation stock include Christopher L Boone, Darko Ulakovic, Douglas Christian Greening, Douglas Greening, Fernando Rafael Assing, Gary L Kott, John Dielwart, Michael Irausquin, Michael James Niedermaier, Michael W Sutherlin, Mihial Dean Ferris, Nicholas Mawford, R Vance Milligan, Roy Evan Mcniven and Thomas B Sloan.

Who sold Tesco Corporation stock? Who is selling Tesco Corporation stock?

Tesco Corporation's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Dimensional Fund Advisors LP, Renaissance Technologies LLC and Two Sigma Investments LP. Company insiders that have sold Tesco Corporation stock in the last year include Christopher L Boone, Douglas Greening, Fernando Rafael Assing, Gary L Kott, John Dielwart, Michael Irausquin, Michael James Niedermaier, Nicholas Mawford and Thomas B Sloan.

Who bought Tesco Corporation stock? Who is buying Tesco Corporation stock?

Tesco Corporation's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, Teza Capital Management LLC, Comerica Bank and Thrivent Financial for Lutherans. Company insiders that have bought Tesco Corporation stock in the last two years include Fernando Rafael Assing, Michael W Sutherlin, Mihial Dean Ferris, R Vance Milligan, Roy Evan Mcniven and Thomas B Sloan.

How do I buy Tesco Corporation stock?

Shares of Tesco Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Tesco Corporation stock cost?

One share of Tesco Corporation stock can currently be purchased for approximately $8.50.

Tesco Corporation (NASDAQ:TESO) Chart for Wednesday, February, 22, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Tesco Corporation (NASDAQ:TESO)

Earnings History Chart

Earnings by Quarter for Tesco Corporation (NASDAQ:TESO)

Dividend History Chart

Dividend Payments by Quarter for Tesco Corporation (NASDAQ:TESO)

Last Updated on 2/22/2017 by MarketBeat.com Staff