NASDAQ:TESS - TESSCO Technologies Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$17.80 +0.09 (+0.51 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$17.80
Today's Range$17.11 - $17.9750
52-Week Range$10.20 - $20.00
Volume6,215 shs
Average Volume36,472 shs
Market Capitalization$150.64 million
P/E Ratio27.38
Dividend Yield4.42%
Beta1.4
TESSCO Technologies Incorporated architects and delivers products and value chain solutions to support wireless systems in the United States. 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, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems, as well as program management, connector installation, custom jumper assembly, site kitting, and logistics integration services. It also offers 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, as well as training classes, technical support, and engineering design services. In addition, the company provides 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. Further, it offers mobile devices, such as cellular and smart phones; and data device accessories, including power supplies, cases, screen protectors, speakers, mobile amplifiers, Bluetooth and corded headsets, mounts, car antennas, music accessories, and data and memory cards. 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, value-added resellers, retail carrier stores and their independent agents, and other retailers under the Ventev, Wireless Solutions, and TerraWave brands. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland.

Receive TESS News and Ratings via Email

Sign-up to receive the latest news and ratings for TESS and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Electronic parts & equipment, not elsewhere classified
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:TESS
CUSIP87238610
Phone410-229-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$606.81 million
Cash Flow$1.0325 per share
Book Value$12.88 per share

Profitability

Net Income$5.55 million

Miscellaneous

Employees768
Market Cap$150.64 million
Next Earnings Date7/15/2019 (Estimated)
OptionableNot Optionable

TESSCO Technologies (NASDAQ:TESS) Frequently Asked Questions

What is TESSCO Technologies' stock symbol?

TESSCO Technologies trades on the NASDAQ under the ticker symbol "TESS."

How often does TESSCO Technologies pay dividends? What is the dividend yield for TESSCO Technologies?

TESSCO Technologies announced a quarterly dividend on Tuesday, May 7th. Stockholders of record on Wednesday, May 22nd will be given a dividend of $0.20 per share on Wednesday, June 5th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date is Tuesday, May 21st. View TESSCO Technologies' Dividend History.

How were TESSCO Technologies' earnings last quarter?

TESSCO Technologies, Inc. (NASDAQ:TESS) announced its quarterly earnings data on Monday, May, 6th. The communications equipment provider reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.10. The communications equipment provider earned $144.96 million during the quarter, compared to analyst estimates of $147.88 million. TESSCO Technologies had a return on equity of 5.11% and a net margin of 0.91%. View TESSCO Technologies' Earnings History.

When is TESSCO Technologies' next earnings date?

TESSCO Technologies is scheduled to release their next quarterly earnings announcement on Monday, July 15th 2019. View Earnings Estimates for TESSCO Technologies.

What is the consensus analysts' recommendation for TESSCO Technologies?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TESSCO Technologies in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TESSCO Technologies.

Has TESSCO Technologies been receiving favorable news coverage?

Media stories about TESS stock have been trending negative on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TESSCO Technologies earned a coverage optimism score of -2.7 on InfoTrie's scale. They also assigned news coverage about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of TESSCO Technologies' key competitors?

What other stocks do shareholders of TESSCO Technologies own?

Who are TESSCO Technologies' key executives?

TESSCO Technologies' management team includes the folowing people:
  • Mr. Robert B. Barnhill Jr., Founder & Exec. Chairman (Age 75)
  • Mr. Murray N. Wright, Pres, CEO & Director (Age 62)
  • Mr. Aric M. Spitulnik, CFO, Sr. VP & Corp. Sec. (Age 48)
  • Mr. Douglas A. Rein, Sr. VP of Performance Systems & Operations (Age 59)
  • Ms. Elizabeth S. Robinson, Sr. VP of Retail Sales & Product Marketing (Age 52)

Who are TESSCO Technologies' major shareholders?

TESSCO Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Deprince Race & Zollo Inc. (10.25%), Dimensional Fund Advisors LP (7.43%), Renaissance Technologies LLC (5.27%), Tieton Capital Management LLC (3.90%), Crawford Investment Counsel Inc. (3.47%) and BlackRock Inc. (2.34%). Company insiders that own TESSCO Technologies stock include Morton Zifferer and Robert B Barnhill Jr. View Institutional Ownership Trends for TESSCO Technologies.

Which institutional investors are selling TESSCO Technologies stock?

TESS stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Deprince Race & Zollo Inc., BlackRock Inc., Northern Trust Corp, O Shaughnessy Asset Management LLC, California Public Employees Retirement System, Acadian Asset Management LLC and Wells Fargo & Company MN. View Insider Buying and Selling for TESSCO Technologies.

Which institutional investors are buying TESSCO Technologies stock?

TESS stock was acquired by a variety of institutional investors in the last quarter, including Moors & Cabot Inc., Tieton Capital Management LLC, Janney Montgomery Scott LLC, Raymond James & Associates, Dimensional Fund Advisors LP, Bailard Inc., Crawford Investment Counsel Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for TESSCO Technologies.

How do I buy shares of TESSCO Technologies?

Shares of TESS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TESSCO Technologies' stock price today?

One share of TESS stock can currently be purchased for approximately $17.80.

How big of a company is TESSCO Technologies?

TESSCO Technologies has a market capitalization of $150.64 million and generates $606.81 million in revenue each year. The communications equipment provider earns $5.55 million in net income (profit) each year or $0.65 on an earnings per share basis. TESSCO Technologies employs 768 workers across the globe.

What is TESSCO Technologies' official website?

The official website for TESSCO Technologies is http://www.tessco.com/.

How can I contact TESSCO Technologies?

TESSCO Technologies' mailing address is 11126 McCormick Road, Hunt Valley MD, 21031. The communications equipment provider can be reached via phone at 410-229-1000 or via email at [email protected]


MarketBeat Community Rating for TESSCO Technologies (NASDAQ TESS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  145 (Vote Underperform)
Total Votes:  251
MarketBeat's community ratings are surveys of what our community members think about TESSCO Technologies and other stocks. Vote "Outperform" if you believe TESS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TESS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/25/2019 by MarketBeat.com Staff

Featured Article: Candlestick

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel