NASDAQ:TESS TESSCO Technologies (TESS) Stock Forecast, Price & News $8.89 +0.02 (+0.23%) (As of 01:31 PM ET) Add Compare Share Share Today's Range$8.85▼$8.9250-Day Range$4.43▼$8.8752-Week Range$4.03▼$8.92Volume58,400 shsAverage Volume38,338 shsMarket Capitalization$82.23 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media TESSCO Technologies MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.38% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.07Based on 9 Articles This WeekInsider TradingSelling Shares$464,506 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.0.82 out of 5 starsComputer And Technology Sector1213th out of 1,226 stocksElectronic Parts & Equipment, Not Elsewhere Classified Industry13th out of 14 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for TESSCO Technologies. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.38% of the float of TESSCO Technologies has been sold short.Short Interest Ratio / Days to CoverTESSCO Technologies has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TESSCO Technologies has recently increased by 16.87%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldTESSCO Technologies does not currently pay a dividend.Dividend GrowthTESSCO Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TESS. Previous Next 1.1 News and Social Media Coverage News SentimentTESSCO Technologies has a news sentiment score of -0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for TESSCO Technologies this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added TESSCO Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TESSCO Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $464,506.00 in company stock.Percentage Held by InsidersOnly 7.80% of the stock of TESSCO Technologies is held by insiders.Percentage Held by InstitutionsOnly 28.55% of the stock of TESSCO Technologies is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TESSCO Technologies is -18.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TESSCO Technologies is -18.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTESSCO Technologies has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TESSCO Technologies (NASDAQ:TESS) StockTESSCO Technologies, Inc. is a technology distributor, manufacturer, and solutions provider serving commercial and retail customers in the wireless infrastructure, and mobile device accessories markets. The company was founded by Robert B. Barnhill Jr. in 1982 and is headquartered in Hunt Valley, MD.Read More Receive TESS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TESSCO Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address TESS Stock News HeadlinesJune 1, 2023 | americanbankingnews.comTESSCO Technologies Incorporated to Post Q4 2024 Earnings of $0.11 Per Share, William Blair Forecasts (NASDAQ:TESS)May 29, 2023 | msn.comTessco Technologies's Return On Capital Employed InsightsJune 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 28, 2023 | benzinga.comTessco Technologies Q4 EPS $(0.61) Misses $(0.50) Estimate, Sales $104.20M Miss $116.16M EstimateMay 28, 2023 | ca.finance.yahoo.comTESS - TESSCO Technologies IncorporatedMay 26, 2023 | msn.comTessco Technologies (TESS) Reports Q4 Loss, Misses Revenue EstimatesMay 26, 2023 | msn.comTESSCO Technologies GAAP EPS of -$0.61 misses by $0.11, revenue of $104.2M misses by $12MMay 26, 2023 | msn.comRecap: Tessco Technologies Q4 EarningsJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 26, 2023 | finance.yahoo.comTESSCO Reports Fourth-Quarter Fiscal 2023 Financial ResultsMay 25, 2023 | americanbankingnews.comTESSCO Technologies (NASDAQ:TESS) Now Covered by Analysts at StockNews.comMay 19, 2023 | msn.comEuropean gas prices fall back to normal levels in defeat for Putin's energy war - latest updatesMay 19, 2023 | bbc.co.ukTesco chairman John Allan to quit after claims over behaviourMay 18, 2023 | americanbankingnews.comTESSCO Technologies (NASDAQ:TESS) Research Coverage Started at StockNews.comMay 17, 2023 | msn.comWhat is the 3G switch-off? How to find out if your mobile phone will still work in coming monthsMay 16, 2023 | msn.comUK unemployment rate rises to 3.9% as company payrolls shrink – business liveMay 13, 2023 | marketwatch.comMicrowave Backhaul System Market Competitive Landscape: 2023-2031May 10, 2023 | americanbankingnews.comTESSCO Technologies (NASDAQ:TESS) Coverage Initiated by Analysts at StockNews.comMay 2, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on TESSCO Technologies (NASDAQ:TESS)April 28, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Arista Networks, Corning and TESSCOApril 27, 2023 | finance.yahoo.com3 Communication Stocks Likely to Transcend Industry HeadwindsApril 27, 2023 | americanbankingnews.comRobert B. Barnhill, Jr. Sells 34,402 Shares of TESSCO Technologies Incorporated (NASDAQ:TESS) StockApril 25, 2023 | marketwatch.comMicrowave Backhaul Market Size by 2031April 20, 2023 | marketwatch.comSystem Integrators in Automotive Market Growth Forecast 2023 to 2030 Research Report | Prime Controls, Tesco Controls, Matrix TechnologiesApril 16, 2023 | businesswire.comTESSCO TECHNOLOGIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of TESSCO ...April 15, 2023 | americanbankingnews.comTESSCO Technologies Incorporated (NASDAQ:TESS) Major Shareholder Robert B. Barnhill, Jr. Sells 2,695 SharesApril 15, 2023 | americanbankingnews.comTESSCO Technologies Incorporated (NASDAQ:TESS) Major Shareholder Robert B. Barnhill, Jr. Sells 2,305 SharesSee More Headlines TESS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TESS Company Calendar Last Earnings10/27/2021Today6/01/2023Next Earnings (Estimated)7/25/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electronic parts & equipment, not elsewhere classified Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNASDAQ:TESS CUSIP87238610 CIK927355 Webwww.tessco.com Phone(410) 229-1000Fax410-527-0005Employees589Year Founded1982Profitability EPS (Most Recent Fiscal Year)($0.47) Trailing P/E RatioN/A Forward P/E Ratio88.70 P/E GrowthN/ANet Income$-4,350,000.00 Net Margins-0.96% Pretax Margin-0.96% Return on Equity-5.99% Return on Assets-2.02% Debt Debt-to-Equity Ratio0.96 Current Ratio1.98 Quick Ratio1.16 Sales & Book Value Annual Sales$452.07 million Price / Sales0.18 Cash FlowN/A Price / Cash FlowN/A Book Value$7.90 per share Price / Book1.12Miscellaneous Outstanding Shares9,250,000Free Float8,510,000Market Cap$82.05 million OptionableNot Optionable Beta0.94 Social Links Key ExecutivesSandip MukerjeePresident, Chief Executive Officer & DirectorAric M. SpitulnikCFO, Secretary, Chief Accounting Officer & SVPThad LoweChief Technology Officer & SVPJesse B. HillmanChief Information OfficerCindy KingTreasurer & Vice PresidentKey CompetitorsVOXX InternationalNASDAQ:VOXXRichardson ElectronicsNASDAQ:RELLSono-TekNASDAQ:SOTKSangoma TechnologiesNASDAQ:SANGQuickLogicNASDAQ:QUIKView All CompetitorsInsiders & InstitutionsTwo Sigma Advisers LPSold 5,500 shares on 5/15/2023Ownership: 0.126%BlackRock Inc.Bought 9,350 shares on 5/12/2023Ownership: 4.449%Dimensional Fund Advisors LPSold 19,062 shares on 5/12/2023Ownership: 4.157%Bank of America Corp DEBought 1,428 shares on 5/12/2023Ownership: 0.063%Tieton Capital Management LLCSold 28,733 shares on 5/10/2023Ownership: 4.903%View All Insider TransactionsView All Institutional Transactions TESS Stock - Frequently Asked Questions Should I buy or sell TESSCO Technologies stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TESSCO Technologies in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TESS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TESS, but not buy additional shares or sell existing shares. View TESS analyst ratings or view top-rated stocks. How have TESS shares performed in 2023? TESSCO Technologies' stock was trading at $4.90 at the start of the year. Since then, TESS stock has increased by 81.0% and is now trading at $8.87. View the best growth stocks for 2023 here. When is TESSCO Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our TESS earnings forecast. How were TESSCO Technologies' earnings last quarter? TESSCO Technologies Incorporated (NASDAQ:TESS) issued its earnings results on Wednesday, October, 27th. The communications equipment provider reported ($0.14) earnings per share for the quarter, beating analysts' consensus estimates of ($0.18) by $0.04. The communications equipment provider earned $108.54 million during the quarter, compared to analyst estimates of $101.50 million. TESSCO Technologies had a negative net margin of 0.96% and a negative trailing twelve-month return on equity of 5.99%. During the same quarter in the previous year, the firm earned ($0.03) EPS. What is Sandip Murkejee's approval rating as TESSCO Technologies' CEO? 8 employees have rated TESSCO Technologies Chief Executive Officer Sandip Murkejee on Glassdoor.com. Sandip Murkejee has an approval rating of 57% among the company's employees. This puts Sandip Murkejee in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of TESSCO Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other TESSCO Technologies investors own include Energy Transfer (ET), Ford Motor (F), Martin Midstream Partners (MMLP), AT&T (T), Alamos Gold (AGI), CBL & Associates Properties (CBL), PhenixFIN (MCC), NGL Energy Partners (NGL), SandRidge Permian Trust (PER) and TELUS (TU). What is TESSCO Technologies' stock symbol? TESSCO Technologies trades on the NASDAQ under the ticker symbol "TESS." Who are TESSCO Technologies' major shareholders? TESSCO Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Tieton Capital Management LLC (4.90%), BlackRock Inc. (4.45%), Dimensional Fund Advisors LP (4.16%), Moors & Cabot Inc. (0.32%), Two Sigma Advisers LP (0.13%) and Bank of America Corp DE (0.06%). Insiders that own company stock include Cathy-Ann Martine-Dolecki, J Timothy Bryan, Kathleen Mclean, Lakeview Investment Group & Tr, Paul J Gaffney and Robert B Barnhill Jr. View institutional ownership trends. How do I buy shares of TESSCO Technologies? Shares of TESS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TESSCO Technologies' stock price today? One share of TESS stock can currently be purchased for approximately $8.87. How much money does TESSCO Technologies make? TESSCO Technologies (NASDAQ:TESS) has a market capitalization of $82.05 million and generates $452.07 million in revenue each year. The communications equipment provider earns $-4,350,000.00 in net income (profit) each year or ($0.47) on an earnings per share basis. How many employees does TESSCO Technologies have? The company employs 589 workers across the globe. Does TESSCO Technologies have any subsidiaries? The following companies are subsidiares of TESSCO Technologies: Cartwright Communications, GW Service Solutions Inc., GigaWave Technologies, NetForce Solutions, TCPM Inc., TESSCO Business Services LLC, TESSCO Communications Incorporated, TESSCO Financial Corporation, TESSCO Incorporated, TESSCO Integrated Solutions LLC, TESSCO Service Solutions Inc., Ventev Wireless Infrastructure, and Wireless Solutions Incorporated.Read More How can I contact TESSCO Technologies? TESSCO Technologies' mailing address is 11126 McCormick Road, Hunt Valley MD, 21031. The official website for the company is www.tessco.com. The communications equipment provider can be reached via phone at (410) 229-1000, via email at tess@investorrelations.com, or via fax at 410-527-0005. 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