Tesco Corporation Company Profile (NASDAQ:TESO)

About Tesco Corporation (NASDAQ:TESO)

Tesco Corporation logoTesco Corporation is a provider of technology-based solutions for drilling, servicing and completion of wells for the upstream energy industry. The Company's operations consist of top drives and automated pipe handling equipment sales and rentals; aftermarket sales and services, and tubular services, including related products and accessories sales. Its segments include Products, Tubular Services, Research and Engineering, and Corporate and Other. The Products segment includes top drives and automated pipe handling equipment sales, rentals and aftermarket sales and services. The Tubular Services segment includes onshore and offshore tubular services and sales of related products and accessories. The Research and Engineering segment includes internal research, engineering, and development activities related to its products and tubular services. The Corporate and Other segment includes executive management and various global support and compliance functions.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil Related Equipment
  • Sub-Industry: Oil & Gas Equipment & Services
  • Symbol: NASDAQ:TESO
  • CUSIP: 88157K10
  • Web: www.tescocorp.com
  • Market Cap: $210.4 million
  • Outstanding Shares: 46,754,000
Average Prices:
  • 50 Day Moving Avg: $5.02
  • 200 Day Moving Avg: $5.03
  • 52 Week Range: $3.70 - $9.65
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -8.18
  • P/E Growth: -0.08
Sales & Book Value:
  • Annual Revenue: $142.59 million
  • Price / Sales: 1.48
  • Book Value: $6.13 per share
  • Price / Book: 0.73
  • EBITDA: ($34,720,000.00)
  • Net Margins: -47.72%
  • Return on Equity: -18.21%
  • Return on Assets: -16.32%
  • Current Ratio: 5.86%
  • Quick Ratio: 3.78%
  • Average Volume: 649,017 shs.
  • Beta: 1.29
  • Short Ratio: 10.82

Frequently Asked Questions for Tesco Corporation (NASDAQ:TESO)

What is Tesco Corporation's stock symbol?

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

How were Tesco Corporation's earnings last quarter?

Tesco Corporation (NASDAQ:TESO) announced its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.24) by $0.01. The company had revenue of $40.10 million for the quarter, compared to the consensus estimate of $41.01 million. Tesco Corporation had a negative net margin of 47.72% and a negative return on equity of 18.21%. The firm's quarterly revenue was up 19.3% compared to the same quarter last year. During the same period last year, the business posted ($0.39) earnings per share. View Tesco Corporation's Earnings History.

When will Tesco Corporation make its next earnings announcement?

Tesco Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Tesco Corporation.

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

5 brokers have issued twelve-month target prices for Tesco Corporation's stock. Their predictions range from $5.00 to $7.00. On average, they anticipate Tesco Corporation's share price to reach $6.00 in the next twelve months. View Analyst Ratings for Tesco Corporation.

Who are some of Tesco Corporation's key competitors?

Who are Tesco Corporation's key executives?

Tesco Corporation's management team includes the folowing people:

  • Michael W. Sutherlin, Independent Chairman of the Board
  • Fernando Rafael Assing, President, Chief Executive Officer, Director
  • Christopher L. Boone, Chief Financial Officer, Senior Vice President
  • John Terrell Gatlin, Chief Operating Officer, Senior Vice President
  • Darko Ulakovic, Vice President - Products Manufacturing, General Manager - TESCO Manufacturing Facility
  • Douglas R. Ramsay, Director
  • John P. Dielwart, Independent Director
  • Frederick J. Dyment CPA, Independent Director
  • Gary L. Kott, Independent Director
  • Raymond Vance Milligan, Independent Director

Who owns Tesco Corporation stock?

Tesco Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Shell Asset Management Co. (0.07%). Company insiders that own Tesco Corporation stock include Christopher L Boone, Darko Ulakovic, Douglas Christian Greening, Douglas Greening, Fernando Rafael Assing, Fred J Dyment, Gary L Kott, John Dielwart, Michael Irausquin, Michael James Niedermaier, Michael W Sutherlin, Mihial Dean Ferris, Nicholas Mawford, R Vance Milligan, Roy Evan Mcniven, Thomas B Sloan and Thomas B Sloan Jr. View Institutional Ownership Trends for Tesco Corporation.

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 Shell Asset Management Co.. Company insiders that have bought Tesco Corporation stock in the last two years include Fernando Rafael Assing, Michael W Sutherlin, R Vance Milligan, Roy Evan Mcniven and Thomas B Sloan. View Insider Buying and Selling for Tesco Corporation.

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.

What is Tesco Corporation's stock price today?

One share of Tesco Corporation stock can currently be purchased for approximately $4.50.

MarketBeat Community Rating for Tesco Corporation (NASDAQ TESO)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  164 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  347
MarketBeat's community ratings are surveys of what our community members think about Tesco Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Tesco Corporation (NASDAQ:TESO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $6.00 (33.33% upside)
Consensus Price Target History for Tesco Corporation (NASDAQ:TESO)
Price Target History for Tesco Corporation (NASDAQ:TESO)
Analysts' Ratings History for Tesco Corporation (NASDAQ:TESO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/6/2017Cowen and CompanySet Price TargetHold$5.00N/AView Rating Details
8/16/2017FBR & CoSet Price TargetBuy$9.00 -> $7.00HighView Rating Details
8/9/2017Seaport Global SecuritiesReiterated RatingNeutralMediumView Rating Details
12/22/2016Bank of America CorporationInitiated CoverageUnderperformN/AView Rating Details
11/17/2016HSBC Holdings plcUpgradeBuyN/AView Rating Details
9/26/2016Barclays PLCReiterated RatingBuyN/AView Rating Details
3/2/2016Iberia CapitalLower Price TargetSector Perform$9.00 -> $8.00N/AView Rating Details
12/1/2015GuggenheimUpgradeNeutral -> BuyN/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for Tesco Corporation (NASDAQ:TESO)
Earnings by Quarter for Tesco Corporation (NASDAQ:TESO)
Earnings History by Quarter for Tesco Corporation (NASDAQ TESO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017Q3 2017($0.22)N/AView Earnings Details
8/8/2017Q2 2017($0.24)($0.25)$41.01 million$40.10 millionViewListenView Earnings Details
5/9/2017Q1 2017($0.29)($0.29)$35.65 million$36.70 millionViewListenView Earnings Details
2/28/2017Q416($0.35)($0.28)$30.99 million$35.30 millionViewListenView 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
3/31/2015$0.14$0.12$127.72 million$134.50 millionViewN/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)
2017 EPS Consensus Estimate: ($0.93)
2018 EPS Consensus Estimate: ($0.53)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.31)($0.28)($0.30)
Q2 20173($0.26)($0.23)($0.24)
Q3 20173($0.23)($0.20)($0.22)
Q4 20173($0.23)($0.14)($0.18)
Q1 20183($0.20)($0.12)($0.16)
Q2 20183($0.19)($0.07)($0.14)
Q3 20183($0.17)($0.04)($0.12)
Q4 20183($0.17)($0.02)($0.11)
Q1 20191($0.13)($0.13)($0.13)
Q2 20191($0.10)($0.10)($0.10)
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading and Institutional Ownership History for Tesco Corporation (NASDAQ:TESO)
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 91.12%
Insider Trades by Quarter for Tesco Corporation (NASDAQ:TESO)
Institutional Ownership by Quarter for Tesco Corporation (NASDAQ:TESO)
Insider Trades by Quarter for Tesco Corporation (NASDAQ:TESO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/14/2017Thomas B Sloan JrVPSell170$4.70$799.00View SEC Filing  
3/7/2017Fred J DymentDirectorSell20,000$8.76$175,200.00View SEC Filing  
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)


Headline Trends for Tesco Corporation (NASDAQ:TESO)
Latest Headlines for Tesco Corporation (NASDAQ:TESO)
Loading headlines, please wait.



Tesco Corporation (TESO) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.