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AMZN   111.11 (+5.67%)
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NVDA   215.20 (+2.76%)
NIO   12.01 (-0.74%)
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AMD   87.60 (+3.50%)
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MU   63.03 (+0.69%)
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PYPL   86.73 (+4.61%)
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AAPL   149.42 (+2.74%)
MSFT   259.99 (+2.86%)
META   189.65 (+23.86%)
GOOGL   107.55 (+7.09%)
AMZN   111.11 (+5.67%)
TSLA   191.21 (+5.40%)
NVDA   215.20 (+2.76%)
NIO   12.01 (-0.74%)
BABA   109.23 (-3.18%)
AMD   87.60 (+3.50%)
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MU   63.03 (+0.69%)
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CGC   3.13 (+1.62%)
GE   82.99 (+0.81%)
DIS   111.33 (+1.77%)
AMC   6.16 (+7.88%)
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PYPL   86.73 (+4.61%)
NFLX   365.87 (+1.07%)
QQQ   308.42 (+2.49%)
AAPL   149.42 (+2.74%)
MSFT   259.99 (+2.86%)
META   189.65 (+23.86%)
GOOGL   107.55 (+7.09%)
AMZN   111.11 (+5.67%)
TSLA   191.21 (+5.40%)
NVDA   215.20 (+2.76%)
NIO   12.01 (-0.74%)
BABA   109.23 (-3.18%)
AMD   87.60 (+3.50%)
T   20.33 (+0.74%)
MU   63.03 (+0.69%)
F   14.27 (+3.48%)
CGC   3.13 (+1.62%)
GE   82.99 (+0.81%)
DIS   111.33 (+1.77%)
AMC   6.16 (+7.88%)
PFE   43.74 (-0.52%)
PYPL   86.73 (+4.61%)
NFLX   365.87 (+1.07%)
NASDAQ:TESS

TESSCO Technologies - TESS Stock Forecast, Price & News

$4.89
+0.04 (+0.82%)
(As of 02/1/2023 12:00 AM ET)
Add
Compare
Today's Range
$4.86
$4.99
50-Day Range
$4.64
$5.11
52-Week Range
$4.03
$6.50
Volume
14,038 shs
Average Volume
11,489 shs
Market Capitalization
$45.04 million
P/E Ratio
69.87
Dividend Yield
N/A
Price Target
N/A

TESSCO Technologies MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.06mentions of TESSCO Technologies in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.34) to ($0.29) Per Share

Overall MarketRank

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

1.62 out of 5 stars

Computer And Technology Sector

517th out of 614 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

8th out of 9 stocks


TESS stock logo

About TESSCO Technologies (NASDAQ:TESS) Stock

TESSCO 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.

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TESS Stock News Headlines

The Biggest "Missing Ingredient" in the $7 Trillion EV Market
China has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.
TESSCO to report Q3 revenue in-line with estimates
AT&T (T) Tops Q4 Earnings Estimates, Falters on Revenues
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
Motorola (MSI) Wins Hytera Patent Breach Suit in Australia
Earnings Outlook For Tessco Technologies
See More Headlines
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TESS Company Calendar

Last Earnings
10/27/2021
Today
2/02/2023
Next Earnings (Estimated)
2/02/2023
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
-0.06%

Debt

Sales & Book Value

Annual Sales
$417.55 million
Book Value
$8.45 per share

Miscellaneous

Free Float
8,487,000
Market Cap
$45.04 million
Optionable
Not Optionable
Beta
0.88

Social Links


Key Executives

  • Sandip Mukerjee
    President, Chief Executive Officer & Director
  • Aric M. Spitulnik
    CFO, Secretary, Chief Accounting Officer & SVP
  • Thad Lowe
    Chief Technology Officer & SVP
  • Jesse B. Hillman
    Chief Information Officer
  • Cindy King
    Treasurer & Vice President













TESS Stock - Frequently Asked Questions

How have TESS shares performed in 2023?

TESSCO Technologies' stock was trading at $4.90 at the beginning of 2023. Since then, TESS shares have decreased by 0.2% and is now trading at $4.89.
View the best growth stocks for 2023 here
.

Are investors shorting TESSCO Technologies?

TESSCO Technologies saw a increase in short interest in January. As of January 15th, there was short interest totaling 10,500 shares, an increase of 377.3% from the December 31st total of 2,200 shares. Based on an average daily volume of 16,500 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company's shares are sold short.
View TESSCO Technologies' Short Interest
.

When is TESSCO Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our TESS earnings forecast
.

How were TESSCO Technologies' earnings last quarter?

TESSCO Technologies Incorporated (NASDAQ:TESS) announced its quarterly earnings results on Wednesday, October, 27th. The communications equipment provider reported ($0.14) EPS 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 net margin of 0.16% and a trailing twelve-month return on equity of 1.09%. During the same period in the previous year, the company earned ($0.03) earnings per share.

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

TESSCO Technologies issued an update on its third quarter 2023 earnings guidance on Tuesday, January, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $113.00 million-$115.00 million, compared to the consensus revenue estimate of $114.57 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 variety of institutional and retail investors. Top institutional investors include Legato Capital Management LLC (0.11%). Insiders that own company stock include Cathy-Ann Martine-Dolecki, 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 $4.89.

How much money does TESSCO Technologies make?

TESSCO Technologies (NASDAQ:TESS) has a market capitalization of $45.04 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 $0.07 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.

This page (NASDAQ:TESS) was last updated on 2/2/2023 by MarketBeat.com Staff