TESSCO Technologies Company Profile (NASDAQ:TESS)

About TESSCO Technologies (NASDAQ:TESS)

TESSCO Technologies logoTESSCO Technologies Incorporated architects and delivers the product and value chain solutions to organizations responsible for building, operating, maintaining and reselling cellular, mobile communications, wireless-fidelity (Wi-Fi), machine-to-machine, Internet of Things and wireless backhaul systems. The Company provides marketing and sales services, knowledge and supply chain management, product-solution delivery and control systems utilizing Internet and information technology. Its customers include a diversified mix of carrier and public network operators, tower owners, program managers, contractors and integrators, wireless Internet service providers, industrial and enterprise self-maintained users (including railroads, utilities, mining operators, oil and gas operators and technicians), governments, manufacturers, value-added resellers, tier 1, 2 and 3 retail carrier stores and their independent agents, dealers and consumers, as well as other local and national retailers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:TESS
  • CUSIP: 87238610
  • Web: www.tessco.com
Capitalization:
  • Market Cap: $120.87 million
  • Outstanding Shares: 8,572,000
Average Prices:
  • 50 Day Moving Avg: $14.31
  • 200 Day Moving Avg: $13.62
  • 52 Week Range: $9.75 - $16.25
P/E:
  • Trailing P/E Ratio: 82.94
  • Foreward P/E Ratio: 48.62
  • P/E Growth: 2.82
Sales & Book Value:
  • Annual Revenue: $533.3 million
  • Price / Sales: 0.23
  • Book Value: $12.60 per share
  • Price / Book: 1.12
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 5.4%
Profitability:
  • EBIDTA: $7.83 million
  • Net Margins: 0.06%
  • Return on Equity: 1.12%
  • Return on Assets: 0.70%
Debt:
  • Current Ratio: 2.16%
  • Quick Ratio: 1.24%
Misc:
  • Average Volume: 22,863 shs.
  • Beta: 1.47
  • Short Ratio: 0.18
 

Frequently Asked Questions for TESSCO Technologies (NASDAQ:TESS)

What is TESSCO Technologies' stock symbol?

TESSCO Technologies trades on the NASDAQ under the ticker symbol "TESS."

How often does TESSCO Technologies pay dividends? What is the dividend yield for TESSCO Technologies?

TESSCO Technologies declared a quarterly dividend on Tuesday, May 9th. Shareholders of record on Wednesday, May 24th will be given a dividend of $0.20 per share on Wednesday, June 7th. This represents a $0.80 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date is Monday, May 22nd. View TESSCO Technologies' Dividend History.

How were TESSCO Technologies' earnings last quarter?

TESSCO Technologies, Inc. (NASDAQ:TESS) released its quarterly earnings results on Monday, May, 8th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.15. The company had revenue of $122.60 million for the quarter, compared to analyst estimates of $121.32 million. TESSCO Technologies had a net margin of 0.06% and a return on equity of 1.12%. View TESSCO Technologies' Earnings History.

Who are some of TESSCO Technologies' key competitors?

Who owns TESSCO Technologies stock?

TESSCO Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Deprince Race & Zollo Inc. (7.26%), FMR LLC (6.54%), Royce & Associates LP (5.54%), Dimensional Fund Advisors LP (5.44%), Renaissance Technologies LLC (4.48%) and Tieton Capital Management LLC (3.70%). Company insiders that own TESSCO Technologies stock include Benn Konsynski and Murray N Wright. View Institutional Ownership Trends for TESSCO Technologies.

Who sold TESSCO Technologies stock? Who is selling TESSCO Technologies stock?

TESSCO Technologies' stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Wedge Capital Management L L P NC, Renaissance Technologies LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for TESSCO Technologies.

Who bought TESSCO Technologies stock? Who is buying TESSCO Technologies stock?

TESSCO Technologies' stock was purchased by a variety of institutional investors in the last quarter, including Tieton Capital Management LLC, Crawford Investment Counsel Inc., HPM Partners LLC, Algert Global LLC, Morgan Stanley, Goldman Sachs Group Inc., Dimensional Fund Advisors LP and Vanguard Group Inc.. Company insiders that have bought TESSCO Technologies stock in the last two years include Benn Konsynski and Murray N Wright. View Insider Buying and Selling for TESSCO Technologies.

How do I buy TESSCO Technologies stock?

Shares of TESSCO Technologies 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 TESSCO Technologies stock cost?

One share of TESSCO Technologies stock can currently be purchased for approximately $14.10.

Analyst Ratings

Consensus Ratings for TESSCO Technologies (NASDAQ:TESS) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for TESSCO Technologies (NASDAQ:TESS)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for TESSCO Technologies (NASDAQ:TESS)
Earnings by Quarter for TESSCO Technologies (NASDAQ:TESS)
Earnings History by Quarter for TESSCO Technologies (NASDAQ:TESS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q4 2017($0.20)($0.05)$121.32 million$122.60 millionViewListenView Earnings Details
1/30/2017Q3 2017$0.21$0.15$134.73 million$147.20 millionViewListenView Earnings Details
10/27/2016Q217$0.11$0.12$129.18 million$134.60 millionViewN/AView Earnings Details
7/21/2016Q117$0.24$0.01$116.49 million$128.90 millionViewListenView Earnings Details
5/9/2016Q416($0.04)($0.13)$121.00 million$114.20 millionViewListenView Earnings Details
1/25/2016Q3$0.35$0.35$150.39 million$139.50 millionViewListenView Earnings Details
10/26/2015Q216$0.26$0.33$140.35 million$142.40 millionViewListenView Earnings Details
7/16/2015Q116$0.28$0.20$135.98 million$134.70 millionViewListenView Earnings Details
5/7/2015Q4$0.15$0.01$114.21 million$112.96 millionViewListenView Earnings Details
1/15/2015Q315$0.35$0.20$147.21 million$135.19 millionViewListenView Earnings Details
10/23/2014Q215$0.59$0.42$157.18 million$148.52 millionViewListenView Earnings Details
7/23/2014Q314$0.45$0.44$143.57 million$152.90 millionViewN/AView Earnings Details
5/6/2014Q4$0.40$0.35$133.13 million$124.54 millionViewListenView Earnings Details
1/23/2014Q3$0.62$0.53$154.95 million$144.90 millionViewListenView Earnings Details
7/24/2013Q1 2014$0.38$0.51$134.24 million$144.00 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TESSCO Technologies (NASDAQ:TESS)
2017 EPS Consensus Estimate: $0.17
2018 EPS Consensus Estimate: $0.27
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.32$0.42$0.37
Q4 20171($0.20)($0.20)($0.20)
Q1 20181$0.04$0.04$0.04
Q2 20181$0.14$0.14$0.14
Q3 20181$0.17$0.17$0.17
Q4 20181($0.08)($0.08)($0.08)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TESSCO Technologies (NASDAQ:TESS)
Next Dividend:6/7/2017
Annual Dividend:$0.80
Dividend Yield:5.67%
Payout Ratio:2,000.00% (Trailing 12 Months of Earnings)
148.15% (Based on This Year's Estimates)
275.86% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TESSCO Technologies (NASDAQ:TESS)

Dividend History by Quarter for TESSCO Technologies (NASDAQ:TESS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/9/2017Quarterly$0.205.33%5/22/20175/24/20176/7/2017
1/30/2017Quarterly$0.205.67%2/13/20172/15/20173/1/2017
10/28/2016Quarterly$0.2011/7/201611/9/201611/23/2016
7/21/2016Quarterly$0.208/1/20168/3/20168/17/2016
5/10/2016Quarterly$0.205/23/20165/25/20166/8/2016
1/26/2016Quarterly$0.202/8/20162/10/20162/24/2016
10/27/2015Quarterly$0.2011/6/201511/11/201511/25/2015
7/17/2015quarterly$0.203.19%7/29/20157/31/20158/14/2015
5/8/2015quarterly$0.203.21%5/18/20155/20/20156/3/2015
1/20/2015quarterly$0.203.35%2/2/20152/4/20152/18/2015
10/23/2014quarterly$0.202.67%11/3/201411/5/201411/22/2014
7/23/2014quarterly$0.202.59%8/4/20148/6/20148/20/2014
5/6/2014quarterly$0.202.54%5/20/20145/22/20146/4/2014
1/24/2014quarterly$0.202.38%2/3/20142/5/20142/19/2014
10/23/2013quarterly$0.181.93%11/4/201311/6/201311/20/2013
7/24/2013quarterly$0.182.16%8/5/20138/7/20138/21/2013
5/8/2013quarterly$0.183.35%5/20/20135/22/20136/6/2013
1/22/2013quarterly$0.183.32%1/28/20131/30/20132/13/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TESSCO Technologies (NASDAQ:TESS)
Insider Ownership Percentage: 26.70%
Institutional Ownership Percentage: 60.90%
Insider Trades by Quarter for TESSCO Technologies (NASDAQ:TESS)
Institutional Ownership by Quarter for TESSCO Technologies (NASDAQ:TESS)
Insider Trades by Quarter for TESSCO Technologies (NASDAQ:TESS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017Murray N WrightInsiderBuy1,000$14.45$14,450.00View SEC Filing  
11/8/2016Benn KonsynskiDirectorBuy2,000$9.95$19,900.00View SEC Filing  
9/11/2014Robert B Barnhill JrCEOSell7,000$30.75$215,250.00View SEC Filing  
9/9/2014Robert B Barnhill JrCEOSell8,694$30.87$268,383.78View SEC Filing  
9/4/2014Robert B Barnhill JrCEOSell2,306$30.90$71,255.40View SEC Filing  
6/25/2014Robert B Barnhill JrCEOSell4,264$30.30$129,199.20View SEC Filing  
6/24/2014Robert B Barnhill JrCEOSell8,964$30.30$271,609.20View SEC Filing  
6/19/2014Robert B Barnhill JrCEOSell3,937$30.42$119,763.54View SEC Filing  
6/16/2014Robert B Barnhill JrCEOSell5,770$30.66$176,908.20View SEC Filing  
6/11/2014Robert B Barnhill JrCEOSell9,065$31.12$282,102.80View SEC Filing  
6/5/2014Robert B Barnhill JrCEOSell10,107$30.36$306,848.52View SEC Filing  
6/3/2014Robert B Barnhill JrCEOSell15,893$30.72$488,232.96View SEC Filing  
5/29/2014Robert B Barnhill JrCEOSell24,000$31.20$748,800.00View SEC Filing  
3/14/2014Benn KonsynskiDirectorSell2,597$38.23$99,283.31View SEC Filing  
3/6/2014Gerald T GarlandVPSell1,158$38.55$44,640.90View SEC Filing  
2/20/2014John D BeleticDirectorSell7,046$36.66$258,306.36View SEC Filing  
11/21/2013Jay G BaitlerDirectorSell4,457$37.48$167,048.36View SEC Filing  
11/18/2013Jay G BaitlerDirectorSell4,403$37.31$164,275.93View SEC Filing  
11/13/2013Jay G BaitlerDirectorSell4,999$36.16$180,763.84View SEC Filing  
11/8/2013Jay G BaitlerDirectorSell7,544$35.13$265,020.72View SEC Filing  
11/6/2013Benn KonsynskiDirectorSell1,056$36.00$38,016.00View SEC Filing  
10/29/2013John D BeleticDirectorSell9,000$34.13$307,170.00View SEC Filing  
9/11/2013Gerald T GarlandVPSell7,000$32.11$224,770.00View SEC Filing  
9/4/2013Benn KonsynskiDirectorSell4,000$32.34$129,360.00View SEC Filing  
8/6/2013Morton ZiffererDirectorSell6,285$32.14$201,999.90View SEC Filing  
8/1/2013Said TofighiVPSell1,200$32.13$38,556.00View SEC Filing  
7/31/2013Said TofighiVPSell36,000$32.18$1,158,480.00View SEC Filing  
7/30/2013John D BeleticDirectorSell8,000$32.44$259,520.00View SEC Filing  
7/29/2013Gerald T GarlandVPSell10,000$31.92$319,200.00View SEC Filing  
6/13/2013Douglas A ReinVPSell70,000$23.02$1,611,400.00View SEC Filing  
5/24/2013Said TofighiVPSell9,901$22.74$225,148.74View SEC Filing  
5/22/2013Gerald T GarlandVPSell10,000$22.57$225,700.00View SEC Filing  
8/20/2012John D BeleticDirectorSell1,832$19.20$35,174.40View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TESSCO Technologies (NASDAQ:TESS)
Latest Headlines for TESSCO Technologies (NASDAQ:TESS)
Source:
DateHeadline
americanbankingnews.com logoTESSCO Technologies, Inc. (TESS) Insider Purchases $14,450.00 in Stock
www.americanbankingnews.com - May 23 at 8:34 PM
finance.yahoo.com logoTESSCO Technologies to Present at the East Coast IDEAS Investor Conference on May 18
finance.yahoo.com - May 16 at 11:44 AM
finance.yahoo.com logoTESSCO Technologies Announces Exclusive US Distribution Agreement with STRAX Brands
finance.yahoo.com - May 12 at 3:40 PM
americanbankingnews.com logoTESSCO Technologies, Inc. (TESS) Expected to Post Q4 2018 Earnings of ($0.08) Per Share
www.americanbankingnews.com - May 11 at 2:58 PM
americanbankingnews.com logoTESSCO Technologies, Inc. (TESS) Upgraded to "Strong-Buy" by Zacks Investment Research
www.americanbankingnews.com - May 11 at 11:56 AM
americanbankingnews.com logoTESSCO Technologies, Inc. (TESS) Posts Earnings Results, Beats Expectations By $0.15 EPS
www.americanbankingnews.com - May 10 at 10:58 PM
americanbankingnews.com logoTESSCO Technologies, Inc. (TESS) Releases Earnings Results, Beats Expectations By $0.15 EPS
www.americanbankingnews.com - May 10 at 8:28 PM
americanbankingnews.com logoTESSCO Technologies, Inc. (TESS) Announces Earnings Results, Beats Estimates By $0.15 EPS
www.americanbankingnews.com - May 10 at 6:20 PM
americanbankingnews.com logoTESSCO Technologies, Inc. (tess) Declares Quarterly Dividend of $0.20
www.americanbankingnews.com - May 10 at 4:16 PM
americanbankingnews.com logoResearch Analysts Issue Forecasts for TESSCO Technologies, Inc.'s Q1 2018 Earnings (TESS)
www.americanbankingnews.com - May 10 at 12:59 PM
finance.yahoo.com logoEdited Transcript of TESS earnings conference call or presentation 9-May-17 12:30pm GMT
finance.yahoo.com - May 10 at 10:25 AM
americanbankingnews.com logoTESSCO Technologies, Inc. (TESS) Issues Earnings Results
www.americanbankingnews.com - May 9 at 11:49 AM
finance.yahoo.com logoInvestor Network: TESSCO TECHNOLOGIES INC. to Host Earnings Call
finance.yahoo.com - May 9 at 10:09 AM
finance.yahoo.com logoTESSCO Reports Fourth Quarter and Fiscal Year 2017 Financial Results
finance.yahoo.com - May 8 at 7:39 PM
marketbeat.com logoTessco reports 4Q loss
marketbeat.com - May 8 at 6:22 PM
americanbankingnews.com logoTESSCO Technologies, Inc. (TESS) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - May 6 at 7:20 AM
americanbankingnews.com logoTESSCO Technologies (TESS) Earns Daily News Impact Rating of 0.31
www.americanbankingnews.com - May 3 at 8:42 PM
americanbankingnews.com logoTESSCO Technologies (TESS) Getting Somewhat Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 7:22 PM
americanbankingnews.com logoTESSCO Technologies (TESS) Receiving Positive News Coverage, Report Shows
www.americanbankingnews.com - April 26 at 5:16 PM
finance.yahoo.com logoTESSCO Technologies Schedules Fourth-Quarter Fiscal 2017 Earnings Release and Conference Call
finance.yahoo.com - April 25 at 9:25 AM
americanbankingnews.com logoTESSCO Technologies (TESS) Earning Somewhat Favorable News Coverage, Report Finds
www.americanbankingnews.com - April 21 at 9:52 PM
finance.yahoo.com logoTESSCO, Wireless Design & Development Choose 2017 Innovation Award Winners
finance.yahoo.com - April 7 at 12:58 PM
americanbankingnews.com logo TESSCO Technologies, Inc. (TESS) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 5 at 1:12 PM
americanbankingnews.com logoTESSCO Technologies, Inc. to Post Q4 2017 Earnings of ($0.20) Per Share, William Blair Forecasts (TESS)
www.americanbankingnews.com - March 30 at 11:07 AM
americanbankingnews.com logoBrokers Issue Forecasts for TESSCO Technologies, Inc.'s FY2017 Earnings (TESS)
www.americanbankingnews.com - March 29 at 11:55 AM
us.rd.yahoo.com logo4:02 pm TESSCO Tech announces a sales force reorganization, as well as cost reduction initiatives; estimated re-tax cost reduction charges of $0.8 mln expected for Q4 2017
us.rd.yahoo.com - March 28 at 8:55 AM
finance.yahoo.com logoSpeck to Bring Their Slim Protection Solutions to TESSCO One Innovation Showcase
finance.yahoo.com - March 28 at 8:55 AM
finance.yahoo.com logoTESSCO Technologies Announces Sales Reorganization and Cost Reduction Initiatives
finance.yahoo.com - March 27 at 7:24 PM
finance.yahoo.com logoCommScope Headlines TESSCO One as Exclusive Commercial Platinum Sponsor
finance.yahoo.com - March 27 at 8:49 AM
finance.yahoo.com logoWilsonPro to Bring Latest Signal Booster Technology to TESSCO One Innovation Showcase
finance.yahoo.com - March 21 at 9:57 AM
finance.yahoo.com logoTESSCO Technologies Announces Wireless Week as 2017 TESSCO One Media Partner
finance.yahoo.com - March 9 at 8:08 PM
reuters.com logoBRIEF-Tessco Technologies signs deal with Gear4 as exclusive U.S. distributor
www.reuters.com - February 27 at 5:00 PM
businesswire.com logoTESSCO Reports Third Quarter 2017 Financial Results
www.businesswire.com - February 1 at 6:51 AM
finance.yahoo.com logoCORRECTING and REPLACING ─ TESSCO Reports Third Quarter 2017 Financial Results
finance.yahoo.com - January 31 at 3:52 AM
biz.yahoo.com logoQ3 2017 TESSCO Technologies Inc Earnings Release - After Market Close
biz.yahoo.com - January 30 at 11:29 AM
finance.yahoo.com logoTESSCO Technologies Introduces Charles Kriete as New Senior VP of Product Management and Solutions
finance.yahoo.com - January 19 at 4:08 AM
finance.yahoo.com logoTESSCO Technologies Schedules Third-Quarter Fiscal 2017 Earnings Release and Conference Call
finance.yahoo.com - January 17 at 10:44 AM
finance.yahoo.com logoTESSCO Technologies Introduces Pete Peterson as New Senior VP of Sales
finance.yahoo.com - December 8 at 11:31 PM
finance.yahoo.com logoTESSCO Technologies to Present at the LD Micro Main Event on December 7
finance.yahoo.com - November 29 at 3:45 PM
bizjournals.com logoTessco Technologies' new CEO begins plotting company's future
www.bizjournals.com - November 23 at 11:08 AM
businesswire.com logoVentev Mobile Partners with Xcel Source Corp to Bring Canada Premium Mobile Accessories
www.businesswire.com - November 16 at 11:44 AM
finance.yahoo.com logoTESSCO TECHNOLOGIES INC Financials
finance.yahoo.com - November 11 at 7:35 PM
biz.yahoo.com logoTESSCO TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 4 at 7:26 PM
finance.yahoo.com logoEdited Transcript of TESS earnings conference call or presentation 28-Oct-16 12:30pm GMT
finance.yahoo.com - October 31 at 8:18 AM
reuters.com logoBRIEF-Tessco reports second quarter financial results
www.reuters.com - October 27 at 7:50 PM
biz.yahoo.com logoQ2 2017 TESSCO Technologies Inc Earnings Release - After Market Close
biz.yahoo.com - October 27 at 12:48 PM
biz.yahoo.com logoTESSCO TECHNOLOGIES INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - October 6 at 7:22 PM
bizjournals.com logoTessco Technologies names new CEO
www.bizjournals.com - September 1 at 7:36 PM
finance.yahoo.com logoTESSCO Board Names Murray Wright as New CEO; Robert Barnhill Becomes Executive Chairman
finance.yahoo.com - September 1 at 10:52 AM
finance.yahoo.com logo8:31 am TESSCO Tech appoints Murray Wright as President and CEO
finance.yahoo.com - September 1 at 10:52 AM

Social

Chart

TESSCO Technologies (TESS) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff