Last Chance: Get 30 Days of MarketBeat All Access for FREE, then just $399 $199 for the year.
Start free trial
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
EXTENDED - TODAY ONLY: MarketBeat All Access For Just $399 $199 (save 50%)
Special Offer: Just $199
×
S&P 500   3,963.94
DOW   33,849.46
QQQ   282.71
Wall Street slips as lockdown protests spread in China
Why is Russia reopening dormant copper mines? (Ad)
China virus protests hit Hong Kong after mainland rallies
Is Snowflake Poised for A Rebound After Its Recent Tumble?
Why is Russia reopening dormant copper mines? (Ad)
Need To Cut Costs? Start With These 10 Money Saving Ideas
China’s Zero-COVID Restrictions Can’t Stop JD.com
Why is Russia reopening dormant copper mines? (Ad)
Check Into The Hotel Rebound With These Welcoming Stocks
Impeachment talk at Trump Org. trial: Did witness misspeak?
S&P 500   3,963.94
DOW   33,849.46
QQQ   282.71
Wall Street slips as lockdown protests spread in China
Why is Russia reopening dormant copper mines? (Ad)
China virus protests hit Hong Kong after mainland rallies
Is Snowflake Poised for A Rebound After Its Recent Tumble?
Why is Russia reopening dormant copper mines? (Ad)
Need To Cut Costs? Start With These 10 Money Saving Ideas
China’s Zero-COVID Restrictions Can’t Stop JD.com
Why is Russia reopening dormant copper mines? (Ad)
Check Into The Hotel Rebound With These Welcoming Stocks
Impeachment talk at Trump Org. trial: Did witness misspeak?
S&P 500   3,963.94
DOW   33,849.46
QQQ   282.71
Wall Street slips as lockdown protests spread in China
Why is Russia reopening dormant copper mines? (Ad)
China virus protests hit Hong Kong after mainland rallies
Is Snowflake Poised for A Rebound After Its Recent Tumble?
Why is Russia reopening dormant copper mines? (Ad)
Need To Cut Costs? Start With These 10 Money Saving Ideas
China’s Zero-COVID Restrictions Can’t Stop JD.com
Why is Russia reopening dormant copper mines? (Ad)
Check Into The Hotel Rebound With These Welcoming Stocks
Impeachment talk at Trump Org. trial: Did witness misspeak?
S&P 500   3,963.94
DOW   33,849.46
QQQ   282.71
Wall Street slips as lockdown protests spread in China
Why is Russia reopening dormant copper mines? (Ad)
China virus protests hit Hong Kong after mainland rallies
Is Snowflake Poised for A Rebound After Its Recent Tumble?
Why is Russia reopening dormant copper mines? (Ad)
Need To Cut Costs? Start With These 10 Money Saving Ideas
China’s Zero-COVID Restrictions Can’t Stop JD.com
Why is Russia reopening dormant copper mines? (Ad)
Check Into The Hotel Rebound With These Welcoming Stocks
Impeachment talk at Trump Org. trial: Did witness misspeak?
NASDAQ:TESS

TESSCO Technologies - TESS Stock Forecast, Price & News

$4.88
+0.08 (+1.67%)
(As of 11/28/2022 12:00 AM ET)
Add
Compare
Today's Range
$4.86
▼
$4.92
50-Day Range
$4.03
▼
$4.89
52-Week Range
$4.03
▼
$8.32
Volume
4,592 shs
Average Volume
13,512 shs
Market Capitalization
$44.94 million
P/E Ratio
69.72
Dividend Yield
N/A
Price Target
N/A

TESSCO Technologies MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.96mentions 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.

2.36 out of 5 stars

Computer And Technology Sector

236th out of 631 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

4th out of 9 stocks

See Top Rated MarketRank™ Stocks Here
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.

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.

TESS Stock News Headlines

November 1, 2022 | finance.yahoo.com
Arista (ANET) Beats Q3 Earnings Estimates on Record Revenues
October 29, 2022 | seekingalpha.com
TESSCO Technologies Incorporated (TESS) Q2 2023 Earnings Call Transcript
October 27, 2022 | finance.yahoo.com
TESSCO Reports Strong Second-Quarter Fiscal 2023 Financial Results with Record Revenues
October 27, 2022 | finance.yahoo.com
Tessco Technologies (TESS) Q2 Earnings and Revenues Beat Estimates
October 26, 2022 | msn.com
Earnings Outlook For Tessco Technologies
October 20, 2022 | tmcnet.com
Baicells Pens Partnership with Tessco
October 17, 2022 | msn.com
Police warning to anyone who uses an ATM to withdraw cash
October 14, 2022 | marketwatch.com
Global Halal Meat Market Share Research 2022 Business Statistics, Growth Strategies, Top Manufacturers, Emerging Technologies and Forecast to 2028
October 13, 2022 | finance.yahoo.com
TESSCO Technologies Schedules Second-Quarter Fiscal 2023 Earnings Release and Conference Call
October 11, 2022 | ft.com
Live news updates: UK grocery inflation hits record high in September
October 10, 2022 | fool.co.uk
Can Tesco shares beat the recession?
October 4, 2022 | finance.yahoo.com
Corning (GLW) Focuses on Increased Fiber Optic Production
September 30, 2022 | money.usnews.com
Tessco Technologies, Inc.
September 29, 2022 | marketwatch.com
Air Core Drilling Market Size From 2022 To 2028 And Key Findings and Segments by End Use Industry | 90 Report Pages
September 27, 2022 | benzinga.com
System Integration Market to Reach $1,838.6 Billion by 2031: Allied Market Research
September 20, 2022 | finance.yahoo.com
ADTRAN (ADTN) Appears a Solid Investment Bet Now: Here's Why
September 15, 2022 | msn.com
Tesco expands operations in India; plans to hire 1,000 people
September 9, 2022 | finance.yahoo.com
Corning (GLW) Boosts Fiber Output in EU With Poland Facility
September 8, 2022 | finance.yahoo.com
Cogent (CCOI) Inks Deal to Buy T-Mobile's Wireline Business
September 5, 2022 | msn.com
Expert issues warning over new PayPal scam emptying bank accounts
September 2, 2022 | msn.com
Warning as new Paypal scam is disguised as Tesco giftcard
August 17, 2022 | finance.yahoo.com
Viasat (VSAT) to Power In-Flight Connectivity in Airshare
August 16, 2022 | finance.yahoo.com
Why CommScope (COMM) is an Enticing Pick Post Q2 Earnings
August 16, 2022 | msn.com
Amazon moves physical retail tech teams into cloud division, looking to accelerate third-party adoption
August 10, 2022 | finance.yahoo.com
Akamai (AKAM) Beats Q2 Earnings Estimates on Higher Revenues
See More Headlines
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.

TESS Company Calendar

Last Earnings
10/27/2021
Today
11/29/2022
Next Earnings (Estimated)
2/02/2023
Fiscal Year End
3/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Electronic parts & equipment, not elsewhere classified
Sub-Industry
Communications Equipment
Sector
Computer and Technology
Current Symbol
NASDAQ:TESS
CUSIP
87238610
CIK
927355
Web
www.tessco.com
Phone
(410) 229-1000
Fax
410-527-0005
Employees
589
Year Founded
1982

Profitability

EPS (Most Recent Fiscal Year)
$0.07
Trailing P/E Ratio
69.72
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-2,700,000.00
Net Margins
0.16%
Pretax Margin
-0.06%
Return on Equity
1.09%
Return on Assets
0.40%

Debt

Debt-to-Equity Ratio
0.77
Current Ratio
1.91
Quick Ratio
1.10

Sales & Book Value

Annual Sales
$417.55 million
Price / Sales
0.11
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$8.45 per share
Price / Book
0.58

Miscellaneous

Outstanding Shares
9,210,000
Free Float
8,487,000
Market Cap
$44.94 million
Optionable
Not Optionable
Beta
0.95

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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













TESS Stock - Frequently Asked Questions

How have TESS shares performed in 2022?

TESSCO Technologies' stock was trading at $6.3099 at the start of the year. Since then, TESS shares have decreased by 22.7% and is now trading at $4.88.
View the best growth stocks for 2022 here.

Are investors shorting TESSCO Technologies?

TESSCO Technologies saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 7,400 shares, a drop of 22.9% from the October 31st total of 9,600 shares. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company's stock 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) released its quarterly earnings results on Wednesday, October, 27th. The communications equipment provider reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.04. The communications equipment provider had revenue of $108.54 million for the quarter, compared to the consensus estimate 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 prior year, the business posted ($0.03) EPS.

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

TESSCO Technologies updated its FY 2023 earnings guidance on Thursday, November, 3rd. The company provided 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 $454.64 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.35%), Dimensional Fund Advisors LP (4.34%), Renaissance Technologies LLC (3.60%), Vanguard Group Inc. (2.46%), Capital Management Corp VA (1.27%) and Moors & Cabot Inc. (1.00%). 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 $4.88.

How much money does TESSCO Technologies make?

TESSCO Technologies (NASDAQ:TESS) has a market capitalization of $44.92 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 11/29/2022 by MarketBeat.com Staff