TESSCO Technologies Incorporated Company Profile (NASDAQ:TESS)

About TESSCO Technologies Incorporated (NASDAQ:TESS)

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: Communications & Networking
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:TESS
  • CUSIP: 87238610
  • Web: www.tessco.com
Capitalization:
  • Market Cap: $110.08 million
  • Outstanding Shares: 8,370,000
Average Prices:
  • 50 Day Moving Avg: $12.89
  • 200 Day Moving Avg: $13.62
  • 52 Week Range: $9.75 - $16.25
P/E:
  • Trailing P/E Ratio: 54.79
  • Foreward P/E Ratio: 25.78
  • P/E Growth: 1.84
Sales & Book Value:
  • Annual Revenue: $544.45 million
  • Price / Sales: 0.20
  • Book Value: $12.84 per share
  • Price / Book: 1.02
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 6.1%
Profitability:
  • EBITDA: $7.18 million
  • Net Margins: 0.38%
  • Return on Equity: 2.36%
  • Return on Assets: 1.40%
Debt:
  • Current Ratio: 1.96%
  • Quick Ratio: 1.06%
Misc:
  • Average Volume: 22,406 shs.
  • Beta: 1.2
  • Short Ratio: 0.94
 

Frequently Asked Questions for TESSCO Technologies Incorporated (NASDAQ:TESS)

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 Wednesday, July 19th. Shareholders of record on Wednesday, August 9th will be paid a dividend of $0.20 per share on Wednesday, August 23rd. This represents a $0.80 annualized dividend and a yield of 6.08%. The ex-dividend date of this dividend is Monday, August 7th. View TESSCO Technologies Incorporated's Dividend History.

How were TESSCO Technologies Incorporated's earnings last quarter?

TESSCO Technologies Incorporated (NASDAQ:TESS) issued its quarterly earnings results on Thursday, October, 27th. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.01. The business earned $134.60 million during the quarter, compared to analysts' expectations of $129.18 million. TESSCO Technologies Incorporated had a return on equity of 2.36% and a net margin of 0.38%. View TESSCO Technologies Incorporated's Earnings History.

When will TESSCO Technologies Incorporated make its next earnings announcement?

TESSCO Technologies Incorporated is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for TESSCO Technologies Incorporated.

Who are some of TESSCO Technologies Incorporated's key competitors?

Who are TESSCO Technologies Incorporated's key executives?

TESSCO Technologies Incorporated's management team includes the folowing people:

  • Robert B. Barnhill Jr.,, Executive Chairman of the Board
  • Murray N. Wright, President, Chief Executive Officer, Director
  • Aric Spitulnik, Chief Financial Officer, Senior Vice President, Secretary
  • Charles Kriete, Senior Vice President - Commercial Sales, Product Marketing and Supply Chain
  • Liz Robinson, Senior Vice President, Retail Sales and Product Marketing
  • Craig Oldham, Senior Vice President-Strategic Marketing
  • Douglas A. Rein, Senior Vice President - Performance Systems and Operations
  • Mark Wymer, Senior Vice President
  • John D. Beletic, Lead Independent Director
  • Jay G. Baitler, Independent Director

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.

What is TESSCO Technologies Incorporated's stock price today?

One share of TESSCO Technologies Incorporated stock can currently be purchased for approximately $13.15.


MarketBeat Community Rating for TESSCO Technologies Incorporated (NASDAQ TESS)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  52 (Vote Outperform)
Underperform Votes:  69 (Vote Underperform)
Total Votes:  121
MarketBeat's community ratings are surveys of what our community members think about TESSCO Technologies Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TESSCO Technologies Incorporated (NASDAQ:TESS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for TESSCO Technologies Incorporated (NASDAQ:TESS)
Price Target History for TESSCO Technologies Incorporated (NASDAQ:TESS)
Analysts' Ratings History for TESSCO Technologies Incorporated (NASDAQ:TESS)
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No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for TESSCO Technologies Incorporated (NASDAQ:TESS)
Earnings by Quarter for TESSCO Technologies Incorporated (NASDAQ:TESS)
Earnings History by Quarter for TESSCO Technologies Incorporated (NASDAQ TESS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017$0.10N/AView Earnings Details
7/18/2017Q1 2018$0.04$0.08$126.68 million$140.01 millionViewN/AView Earnings Details
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 Incorporated (NASDAQ:TESS)
2017 EPS Consensus Estimate: $0.17
2018 EPS Consensus Estimate: $0.32
2019 EPS Consensus Estimate: $0.51
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$0.10$0.10$0.10
Q3 20181$0.07$0.07$0.07
Q4 20181$0.11$0.11$0.11
Q1 20191$0.09$0.09$0.09
Q2 20191$0.13$0.13$0.13
Q3 20191$0.14$0.14$0.14
Q4 20191$0.15$0.15$0.15
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TESSCO Technologies Incorporated (NASDAQ:TESS)
Most Recent Dividend:8/23/2017
Annual Dividend:$0.80
Dividend Yield:6.08%
Payout Ratio:320.00% (Trailing 12 Months of Earnings)
222.22% (Based on This Year's Estimates)
156.86% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TESSCO Technologies Incorporated (NASDAQ:TESS)

Dividend History by Quarter for TESSCO Technologies Incorporated (NASDAQ TESS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/19/2017Quarterly$0.205.56%8/7/20178/9/20178/23/2017
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 Incorporated (NASDAQ:TESS)
Insider Ownership Percentage: 26.90%
Institutional Ownership Percentage: 58.66%
Insider Trades by Quarter for TESSCO Technologies Incorporated (NASDAQ:TESS)
Institutional Ownership by Quarter for TESSCO Technologies Incorporated (NASDAQ:TESS)
Insider Trades by Quarter for TESSCO Technologies Incorporated (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

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Chart

TESSCO Technologies Incorporated (TESS) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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