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BABA   79.48 (+1.03%)
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T   15.79 (+0.96%)
F   11.99 (-4.77%)
MU   68.31 (-4.71%)
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GE   101.31 (-1.06%)
DIS   87.99 (+0.19%)
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NASDAQ:TESS

TESSCO Technologies (TESS) Stock Forecast, Price & News

$8.87
+0.02 (+0.23%)
(As of 03:43 PM ET)
Compare
Today's Range
$8.79
$8.87
50-Day Range
$4.43
$8.85
52-Week Range
$4.03
$8.91
Volume
96,235 shs
Average Volume
37,926 shs
Market Capitalization
$81.87 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
0.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.07mentions of TESSCO Technologies in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$464,506 Sold Last Quarter
Proj. Earnings Growth
N/A

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 stars

Computer And Technology Sector

616th out of 621 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

7th out of 7 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 Ignored EV Story Few Investors Know About
Lithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.
TESS - TESSCO Technologies Incorporated
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
Microwave Backhaul Market Size by 2031
See More Headlines
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TESS Company Calendar

Last Earnings
10/27/2021
Today
5/31/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
3/31/2024

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
$-4,350,000.00
Pretax Margin
0.03%

Debt

Sales & Book Value

Annual Sales
$452.07 million
Book Value
$8.45 per share

Miscellaneous

Free Float
8,510,000
Market Cap
$81.69 million
Optionable
Not Optionable
Beta
0.94

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

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 twelve months. 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 beginning of 2023. Since then, TESS shares have increased by 80.6% and is now trading at $8.85.
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) announced its earnings results on Wednesday, October, 27th. The communications equipment provider reported ($0.14) earnings per share for the quarter, topping 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 trailing twelve-month return on equity of 5.91% and a negative net margin of 0.96%. During the same period in the previous year, the business posted ($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 a variety of retail and institutional investors. Top institutional shareholders 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 $8.85.

How much money does TESSCO Technologies make?

TESSCO Technologies (NASDAQ:TESS) has a market capitalization of $81.69 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.

This page (NASDAQ:TESS) was last updated on 5/31/2023 by MarketBeat.com Staff

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