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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
US Dollar Replaced By "Biden Bucks"? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
US Dollar Replaced By "Biden Bucks"? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
US Dollar Replaced By "Biden Bucks"? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
NASDAQ:TESS

TESSCO Technologies - TESS Stock Forecast, Price & News

$5.30
-0.12 (-2.21%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$5.30
$5.63
50-Day Range
$5.30
$6.06
52-Week Range
$5.08
$8.32
Volume
26,948 shs
Average Volume
12,566 shs
Market Capitalization
$48.39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

TESSCO Technologies MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.50mentions of TESSCO Technologies in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.40) to ($0.31) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Computer And Technology Sector

511th out of 665 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

9th out of 11 stocks

TESS stock logo

About TESSCO Technologies (NASDAQ:TESS) Stock

TESSCO Technologies Incorporated manufactures and distributes technology products and solutions for wireless infrastructure market in the United States and internationally. It operates through two segments, Carrier and Commercial. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems. It also provides network systems products, such as fixed and mobile broadband radio equipment, wireless networking filtering and distributed antenna systems, two-way radios, and security and surveillance products. In addition, the company offers installation, test, and maintenance products comprising analysis equipment; and various frequency, voltage, and power-measuring devices, as well as tools, hardware, GPS and safety products, and replacement and component parts and supplies to install, tune, and maintain wireless communications equipment. The company sells its products to carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, federal governments, state and local governments, manufacturers, national solutions providers, and value-added resellers under the Ventev brand. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on TESSCO Technologies in a research report on Tuesday. They set a "hold" rating for the company.

TESSCO Technologies Stock Down 2.2 %

TESSCO Technologies stock traded down $0.12 during midday trading on Friday, reaching $5.30. 26,948 shares of the company were exchanged, compared to its average volume of 12,566. The firm's 50-day simple moving average is $5.76 and its 200-day simple moving average is $5.89. TESSCO Technologies has a 1 year low of $5.08 and a 1 year high of $8.32. The company has a current ratio of 1.81, a quick ratio of 1.08 and a debt-to-equity ratio of 0.63.

TESSCO Technologies (NASDAQ:TESS - Get Rating) last posted its quarterly earnings data on Tuesday, July 26th. The communications equipment provider reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.13) by $0.07. The firm had revenue of $112.16 million during the quarter, compared to analysts' expectations of $107.60 million. TESSCO Technologies had a negative return on equity of 2.13% and a negative net margin of 0.30%. On average, research analysts forecast that TESSCO Technologies will post -0.4 EPS for the current year.

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TESS Stock News Headlines

Tessco Technologies Tops Q4 EPS by 9c
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TESS Company Calendar

Last Earnings
7/26/2022
Today
8/13/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Electronic parts & equipment, not elsewhere classified
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:TESS
CUSIP
87238610
Employees
589
Year Founded
1982

Profitability

Net Income
$-2,700,000.00
Pretax Margin
-0.64%

Debt

Sales & Book Value

Annual Sales
$417.55 million
Book Value
$8.30 per share

Miscellaneous

Free Float
8,421,000
Market Cap
$48.39 million
Optionable
Not Optionable
Beta
0.86

Social Links


Key Executives

  • Mr. Sandip Mukerjee (Age 59)
    Pres, CEO & Director
    Comp: $982.2k
  • Mr. Aric M. Spitulnik (Age 51)
    CFO, Principal Accounting Officer, Sr. VP & Corp. Sec.
    Comp: $430.65k
  • Mr. Thad W. Lowe (Age 53)
    Sr. VP, Gen. Mang. of Ventev & CTO
    Comp: $322.57k
  • Mr. Douglas A. Rein (Age 62)
    Exec. Officer
    Comp: $362.82k
  • Ms. Tammy S. Ridgley (Age 50)
    Sr. VP of Customer Success, Product Management & Vendor Management
    Comp: $301.33k
  • Mr. Jesse Hillman
    Chief Information Officer
  • Ms. Elizabeth S. Robinson (Age 55)
    Sr. VP of Retail Sales & Product Marketing
  • Mr. Thomas Perez (Age 48)
    Controller
  • Ms. Cynthia L. King
    VP & Treasurer













TESS Stock - Frequently Asked Questions

How have TESS shares performed in 2022?

TESSCO Technologies' stock was trading at $6.3099 at the beginning of 2022. Since then, TESS shares have decreased by 16.0% and is now trading at $5.30.
View the best growth stocks for 2022 here
.

When is TESSCO Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our TESS earnings forecast
.

How were TESSCO Technologies' earnings last quarter?

TESSCO Technologies Incorporated (NASDAQ:TESS) released its quarterly earnings data on Tuesday, July, 26th. The communications equipment provider reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.07. The communications equipment provider earned $112.16 million during the quarter, compared to the consensus estimate of $107.60 million. TESSCO Technologies had a negative net margin of 0.30% and a negative trailing twelve-month return on equity of 2.13%.

What guidance has TESSCO Technologies issued on next quarter's earnings?

TESSCO Technologies issued an update on its FY 2023 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $450.00 million-$475.00 million, compared to the consensus revenue estimate of $450.05 million.

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 a number of retail and institutional investors. Top institutional investors include Tieton Capital Management LLC (5.44%), Renaissance Technologies LLC (4.12%), Capital Management Corp VA (2.70%) and Moors & Cabot Inc. (1.12%). Insiders that own company stock include Cathy-Ann Martine-Dolecki, Charles Kriete, J Timothy Bryan, Kathleen Mclean, Lakeview Investment Group & Tr and Paul J Gaffney.
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 $5.30.

How much money does TESSCO Technologies make?

TESSCO Technologies (NASDAQ:TESS) has a market capitalization of $48.39 million and generates $417.55 million in revenue each year. The communications equipment provider earns $-2,700,000.00 in net income (profit) each year or ($0.14) 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

When was TESSCO Technologies founded?

TESSCO Technologies was founded in 1982.

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.

This page (NASDAQ:TESS) was last updated on 8/14/2022 by MarketBeat.com Staff

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