TESSCO Technologies Incorporated Company Profile (NASDAQ:TESS)

About TESSCO Technologies Incorporated

TESSCO Technologies Incorporated 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
  • Exchange: NASDAQ
  • Symbol: TESS
  • CUSIP: 87238610
Key Metrics:
  • Previous Close: $14.05
  • 50 Day Moving Average: $14.10
  • 200 Day Moving Average: $12.77
  • 52-Week Range: $8,329,000.00 - $9.75
  • Trailing P/E Ratio: 369.74
  • Foreward P/E Ratio: 19.25
  • P/E Growth: 7.18
  • Market Cap: $117.02M
  • Outstanding Shares: 8,329,000
  • Beta: 1.47
Profitability:
  • Net Margins: 0.06%
  • Return on Equity: 1.12%
  • Return on Assets: 0.70%
Debt:
  • Current Ratio: 2.16%
  • Quick Ratio: 1.24%
Additional Links:
Companies Related to TESSCO Technologies Incorporated:

Analyst Ratings

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

Earnings

Earnings History for TESSCO Technologies Incorporated (NASDAQ:TESS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
1/30/2017Q3 2017$0.21$0.15ViewListenView 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$0.01ViewListenView Earnings Details
1/15/2015Q315$0.35$0.20$135.20 millionViewListenView Earnings Details
10/23/2014Q215$0.59$0.42$148.50 millionViewListenView Earnings Details
7/23/2014Q314$0.45$0.44$143.57 million$152.90 millionViewN/AView Earnings Details
5/6/2014Q4$0.40$0.35ViewListenView 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 Incorporated (NASDAQ:TESS)
Current Year EPS Consensus Estimate: $0.20 EPS
Next Year EPS Consensus Estimate: $0.73 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.04)$0.31$0.14
Q2 20162$0.21$0.28$0.25
Q3 20162$0.19$0.25$0.22
Q4 20162$0.27$0.34$0.31
Q1 20172$0.32$0.42$0.37
Q4 20171($0.14)($0.14)($0.14)
Q1 20181$0.02$0.02$0.02
Q2 20181$0.14$0.14$0.14
Q3 20181$0.17$0.17$0.17
Q4 20181($0.09)($0.09)($0.09)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TESSCO Technologies Incorporated (NASDAQ:TESS)
Annual Dividend:$0.80
Dividend Yield:5.69%
Payout Ratio:2,000.00% (Based on Trailing 12 Months of Earnings)
400.00% (Based on Current Year Consensus EPS Estimate)
109.59% (Based on Next Year Consensus EPS Estimate)

Dividend History for TESSCO Technologies Incorporated (NASDAQ:TESS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for TESSCO Technologies Incorporated (NASDAQ:TESS)
Insider Ownership Percentage: 26.70%
Institutional Ownership Percentage: 60.90%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for TESSCO Technologies Incorporated (NASDAQ:TESS)
DateHeadline
News IconCORRECTING and REPLACING ? TESSCO Reports Third Quarter 2017 Financial Results (NASDAQ:TESS)
business.itbusinessnet.com - February 1 at 6:51 AM
businesswire.com logoTESSCO Reports Third Quarter 2017 Financial Results (NASDAQ:TESS)
www.businesswire.com - February 1 at 6:51 AM
News IconiQmetrix and TESSCO Partner on Omnichannel Solutions for Retailers (NASDAQ:TESS)
www.bctechnology.com - February 1 at 6:51 AM
4-traders.com logoTESSCO TECHNOLOGIES INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NASDAQ:TESS)
www.4-traders.com - February 1 at 6:51 AM
finance.yahoo.com logoCORRECTING and REPLACING ─ TESSCO Reports Third Quarter 2017 Financial Results (NASDAQ:TESS)
finance.yahoo.com - January 31 at 3:52 AM
News IconIoT seen to spur infinite opportunities for local businesses (NASDAQ:TESS)
newsbytes.ph - January 30 at 11:29 AM
biz.yahoo.com logoQ3 2017 TESSCO Technologies Inc Earnings Release - After Market Close (NASDAQ:TESS)
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 (NASDAQ:TESS)
finance.yahoo.com - January 19 at 4:08 AM
finance.yahoo.com logoTESSCO Technologies Schedules Third-Quarter Fiscal 2017 Earnings Release and Conference Call (NASDAQ:TESS)
finance.yahoo.com - January 17 at 10:44 AM
capitalcube.com logoTESSCO Technologies, Inc. : TESS-US: Dividend Analysis : November 09th, 2016 (record date) : By the numbers : January 9, 2017 (NASDAQ:TESS)
www.capitalcube.com - January 10 at 1:46 AM
News IconNext Weeks Broker Price Targets For TESSCO Technologies Incorporated (NASDAQ:TESS) (NASDAQ:TESS)
alltheinternetofthings.com - January 6 at 6:06 AM
publicnow.com logoTESSCO and iQmetrix Partner on Omnichannel Solutions for Retailers (NASDAQ:TESS)
www.publicnow.com - January 5 at 7:02 AM
News IconStock Mover of The Day: Do Institutional Investors Love Tessco Technologies Inc (NASDAQ:TESS)? (NASDAQ:TESS)
alltheinternetofthings.com - December 17 at 2:55 AM
News IconThe Wedge Capital Management L L P NC Reached $599000 position of Tessco Technologies Inc ... (NASDAQ:TESS)
alltheinternetofthings.com - December 12 at 3:16 PM
4-traders.com logoTESSCO Technologies : Appoints Pete Peterson as New VP of Sales (NASDAQ:TESS)
www.4-traders.com - December 12 at 3:16 PM
finance.yahoo.com logoTESSCO Technologies Introduces Pete Peterson as New Senior VP of Sales (NASDAQ:TESS)
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 (NASDAQ:TESS)
finance.yahoo.com - November 29 at 3:45 PM
bizjournals.com logoTessco Technologies' new CEO begins plotting company's future (NASDAQ:TESS)
www.bizjournals.com - November 23 at 11:08 AM
businesswire.com logoVentev Mobile Partners with Xcel Source Corp to Bring Canada Premium Mobile Accessories (NASDAQ:TESS)
www.businesswire.com - November 16 at 11:44 AM
4-traders.com logoTESSCO Technologies : to Present at the Southwest IDEAS Investor Conference on November 17 (NASDAQ:TESS)
www.4-traders.com - November 14 at 12:03 PM
publicnow.com logoTESSCO Technologies to Present at the Southwest IDEAS Investor Conference on November 17 (NASDAQ:TESS)
www.publicnow.com - November 14 at 12:03 PM
finance.yahoo.com logoTESSCO TECHNOLOGIES INC Financials (NASDAQ:TESS)
finance.yahoo.com - November 11 at 7:35 PM
News IconBenn Konsynski Purchases 2000 Shares of Tessco Technologies Inc. (TESS) Stock (NASDAQ:TESS)
alltheinternetofthings.com - November 10 at 7:51 PM
biz.yahoo.com logoTESSCO TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report (NASDAQ:TESS)
biz.yahoo.com - November 4 at 7:26 PM
capitalcube.com logoETF’s with exposure to TESSCO Technologies, Inc. : November 2, 2016 (NASDAQ:TESS)
www.capitalcube.com - November 2 at 8:16 PM
sbwire.com logoField Network Test Equipment Market Growth to Be Driven by Technological Advancements (NASDAQ:TESS)
www.sbwire.com - November 1 at 8:01 PM
capitalcube.com logoTESSCO Technologies, Inc. :TESS-US: Earnings Analysis: Q2, 2017 By the Numbers : October 31, 2016 (NASDAQ:TESS)
www.capitalcube.com - October 31 at 7:32 PM
finance.yahoo.com logoEdited Transcript of TESS earnings conference call or presentation 28-Oct-16 12:30pm GMT (NASDAQ:TESS)
finance.yahoo.com - October 31 at 8:18 AM
openpr.com logoField Network Test Equipment Market : Rapidly growing LTE network infrastructure in APAC is anticipated to drive the growth of market, 2021 (NASDAQ:TESS)
www.openpr.com - October 28 at 7:28 PM
4-traders.com logoTESSCO Technologies : posts 2Q profit (NASDAQ:TESS)
www.4-traders.com - October 27 at 7:50 PM
reuters.com logoBRIEF-Tessco reports second quarter financial results (NASDAQ:TESS)
www.reuters.com - October 27 at 7:50 PM
sg.finance.yahoo.com logoTessco posts 2Q profit (NASDAQ:TESS)
sg.finance.yahoo.com - October 27 at 7:50 PM
biz.yahoo.com logoQ2 2017 TESSCO Technologies Inc Earnings Release - After Market Close (NASDAQ:TESS)
biz.yahoo.com - October 27 at 12:48 PM
News IconBig American solution provider enters Canadian market (NASDAQ:TESS)
www.computerdealernews.com - October 26 at 7:40 PM
publicnow.com logoTESSCO Technologies Schedules Second-Quarter Fiscal 2017 Earnings Release and Conference Call (NASDAQ:TESS)
www.publicnow.com - October 18 at 10:16 AM
capitalcube.com logoTESSCO Technologies, Inc. : TESS-US: Dividend Analysis : August 03rd, 2016 (record date) : By the numbers : October 12, 2016 (NASDAQ:TESS)
www.capitalcube.com - October 12 at 7:36 PM
biz.yahoo.com logoTESSCO TECHNOLOGIES INC Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:TESS)
biz.yahoo.com - October 6 at 7:22 PM
capitalcube.com logoETF’s with exposure to TESSCO Technologies, Inc. : September 9, 2016 (NASDAQ:TESS)
www.capitalcube.com - September 9 at 7:12 PM
News IconLearn details of the RF test equipment market overview (NASDAQ:TESS)
www.whatech.com - September 8 at 11:29 AM
News IconSpencer Stuart Recruits CEO for TESSCO Technologies (NASDAQ:TESS)
huntscanlon.com - September 8 at 11:29 AM
bizjournals.com logoTessco Technologies names new CEO (NASDAQ:TESS)
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 (NASDAQ:TESS)
finance.yahoo.com - September 1 at 10:52 AM
finance.yahoo.com logo8:31 am TESSCO Tech appoints Murray Wright as President and CEO (NASDAQ:TESS)
finance.yahoo.com - September 1 at 10:52 AM
biz.yahoo.com logoTESSCO TECHNOLOGIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhib (NASDAQ:TESS)
biz.yahoo.com - September 1 at 10:52 AM
News IconWorldwide Field Network Test Equipment Market Competitive Landscape by 2015 – 2021 (NASDAQ:TESS)
www.digitaljournal.com - August 25 at 8:00 PM
sbwire.com logoTest and Measurement Market in Malaysia to Grow at a CAGR of 6.15% During the Period 2016 - 2020; Finds New Report (NASDAQ:TESS)
www.sbwire.com - August 17 at 8:05 PM
capitalcube.com logoETF’s with exposure to TESSCO Technologies, Inc. : July 29, 2016 (NASDAQ:TESS)
www.capitalcube.com - July 29 at 1:57 PM
biz.yahoo.com logoTESSCO TECHNOLOGIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vot (NASDAQ:TESS)
biz.yahoo.com - July 27 at 4:07 PM
capitalcube.com logoTESSCO Technologies, Inc. :TESS-US: Earnings Analysis: Q1, 2017 By the Numbers : July 26, 2016 (NASDAQ:TESS)
www.capitalcube.com - July 26 at 10:13 AM
finance.yahoo.com logoEdited Transcript of TESS earnings conference call or presentation 22-Jul-16 12:30pm GMT (NASDAQ:TESS)
finance.yahoo.com - July 25 at 7:30 AM

Social

What is TESSCO Technologies Incorporated's stock symbol?

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

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

TESSCO Technologies Incorporated announced a quarterly dividend on Monday, January 30th. Stockholders of record on Wednesday, February 15th will be paid a dividend of $0.20 per share on Wednesday, March 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date of this dividend is Monday, February 13th.

When will TESSCO Technologies Incorporated announce their earnings?

TESSCO Technologies Incorporated is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

Who owns TESSCO Technologies Incorporated stock?

TESSCO Technologies Incorporated's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include ROYCE & ASSOCIATES LP Total Shares: 595,664 (7.15%), Royce & Associates LP (7.28%), FMR LLC (6.65%), Dimensional Fund Advisors LP (5.47%), Renaissance Technologies LLC (4.54%) and Brown Advisory Inc. (0.95%).

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

TESSCO Technologies Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, FMR LLC, GSA Capital Partners LLP and Dimensional Fund Advisors LP.

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

TESSCO Technologies Incorporated's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd. and Renaissance Technologies LLC.

How do I buy TESSCO Technologies Incorporated stock?

Shares of TESSCO Technologies Incorporated 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 Incorporated stock cost?

One share of TESSCO Technologies Incorporated stock can currently be purchased for approximately $14.05.

TESSCO Technologies Incorporated (NASDAQ:TESS) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for TESSCO Technologies Incorporated (NASDAQ:TESS)

Earnings History Chart

Earnings by Quarter for TESSCO Technologies Incorporated (NASDAQ:TESS)

Dividend History Chart

Dividend Payments by Quarter for TESSCO Technologies Incorporated (NASDAQ:TESS)

Last Updated on 2/27/2017 by MarketBeat.com Staff