NASDAQ:TESS TESSCO Technologies - TESS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TESSCO Technologies Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. $4.53 -0.02 (-0.44%) (As of 03/28/2023 12:40 PM ET) Add Compare Share Share Today's Range$4.46▼$4.5350-Day Range$4.42▼$5.0452-Week Range$4.03▼$6.50Volume7,059 shsAverage Volume8,340 shsMarket Capitalization$41.81 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media TESSCO Technologies MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.04% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.32Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.39) to $0.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.56 out of 5 starsComputer And Technology Sector559th out of 616 stocksElectronic Parts & Equipment, Not Elsewhere Classified Industry7th out of 8 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for TESSCO Technologies. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.04% of the float of TESSCO Technologies has been sold short.Short Interest Ratio / Days to CoverTESSCO Technologies has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TESSCO Technologies has recently decreased by 7.41%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTESSCO Technologies does not currently pay a dividend.Dividend GrowthTESSCO Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TESS. Previous Next 1.8 News and Social Media Coverage News SentimentTESSCO Technologies has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for TESSCO Technologies this week, compared to 1 article on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TESSCO Technologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.80% of the stock of TESSCO Technologies is held by insiders.Percentage Held by InstitutionsOnly 28.55% of the stock of TESSCO Technologies is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for TESSCO Technologies are expected to grow in the coming year, from ($0.39) to $0.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TESSCO Technologies is -112.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TESSCO Technologies is -112.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTESSCO Technologies has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TESSCO Technologies (NASDAQ:TESS) StockTESSCO 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.Read More 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. Email Address TESS Stock News HeadlinesMarch 27, 2023 | marketwatch.comSystem Integrator Market 2023-A Detailed Analysis till 2028March 23, 2023 | americanbankingnews.comTESSCO Technologies (NASDAQ:TESS) Receives New Coverage from Analysts at StockNews.comMarch 28, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 21, 2023 | marketwatch.comSystem Integrator Market forecast to 2028March 21, 2023 | marketwatch.comDigital Transformation in the Retail Sector Market Report | Global Forecast From 2023 To 2029March 20, 2023 | marketwatch.comGlobal Microwave Backhaul System Market Size by Type (Professional Services, Network Services) Forecast from 2023 to 2028March 13, 2023 | tmcnet.comGlobal Ambient Commerce Market Report to 2028: Rising Demand for Smart Gadgets and Contactless Shopping Drives GrowthMarch 2, 2023 | finance.yahoo.comHamid Sarshar Named President of TESCO ControlsMarch 28, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. 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February 27, 2023 | marketwatch.comOperational Technology Market (New Insights Report) By 2023 which is Booming Strong Growth in the Globe till 2029February 24, 2023 | seekingalpha.comTESS TESSCO Technologies IncorporatedFebruary 23, 2023 | msn.comBrexit to blame for supermarket fruit and veg rationing, says retail chief - live updatesFebruary 23, 2023 | msn.comUK brought its shortages of fruit and vegetables on itself, ex-Sainsbury’s CEO says – business liveFebruary 22, 2023 | marketwatch.comOffice Appliances Market Size In 2023 : Emerging Technologies, Opportunity and Forecast to 2028February 22, 2023 | bbc.comTesco boosts staff pay by a further 7%February 12, 2023 | marketwatch.comSystem Integrator Market Outlook 2023 and Forecast to 2028 with Top Countries DataFebruary 8, 2023 | benzinga.comGlobal Frozen Fruit Market 2022 to 2027: Featuring Greenyard, Euroberry, Cold Alex and Entyce Food Ingredients Among OthersFebruary 7, 2023 | finance.yahoo.comTessco Technologies (TESS) Q3 Earnings and Revenues Beat EstimatesFebruary 7, 2023 | finance.yahoo.comTESSCO Reports Third-Quarter Fiscal 2023 Financial ResultsFebruary 7, 2023 | benzinga.comThe Worldwide Frozen Fruit Industry is Expected to Reach $6.37 billion by 2027February 7, 2023 | marketwatch.comE-books Market Insights-Industry changing aspects, New Technologies and Forecast to 2029February 7, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Arista Networks, Harmonic and TESSCO TechnologiesFebruary 6, 2023 | marketwatch.comDigital Transformation Market in Retail Market Insights-Industry changing aspects, New Technologies and Forecast to 2029February 6, 2023 | marketwatch.comDigital Transformation in the Retail Sectors Market Share 2023 Will Touch New Level in Upcoming YearJanuary 29, 2023 | marketwatch.comOperational Technology Market is Set to Grow in forecast period 2029January 27, 2023 | finance.yahoo.comIntel (INTC) Misses Q4 Earnings Estimates on Lower RevenuesJanuary 26, 2023 | seekingalpha.comTESSCO to report Q3 revenue in-line with estimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address TESS Company Calendar Last Earnings10/27/2021Today3/28/2023Fiscal Year End3/31/2023Next Earnings (Estimated)5/09/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electronic parts & equipment, not elsewhere classified Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNASDAQ:TESS CUSIP87238610 CIK927355 Webwww.tessco.com Phone(410) 229-1000Fax410-527-0005Employees589Year Founded1982Profitability EPS (Most Recent Fiscal Year)($0.04) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-2,700,000.00 Net Margins-0.07% Pretax Margin0.03% Return on Equity0.05% Return on Assets0.02% Debt Debt-to-Equity Ratio0.86 Current Ratio2.07 Quick Ratio1.16 Sales & Book Value Annual Sales$417.55 million Price / Sales0.10 Cash FlowN/A Price / Cash FlowN/A Book Value$8.45 per share Price / Book0.53Miscellaneous Outstanding Shares9,230,000Free Float8,510,000Market Cap$41.26 million OptionableNot Optionable Beta0.90 Social Links Key ExecutivesSandip MukerjeePresident, Chief Executive Officer & DirectorAric M. SpitulnikCFO, Secretary, Chief Accounting Officer & SVPThad LoweChief Technology Officer & SVPJesse B. HillmanChief Information OfficerCindy KingTreasurer & Vice PresidentKey CompetitorsData I/ONASDAQ:DAIOEMCORENASDAQ:EMKRDeswell IndustriesNASDAQ:DSWLExpion360NASDAQ:XPONRF IndustriesNASDAQ:RFILView All CompetitorsInstitutional OwnershipMillennium Management LLCBought 21,156 shares on 2/15/2023Ownership: 0.229%Renaissance Technologies LLCSold 24,654 shares on 2/13/2023Ownership: 3.328%Tieton Capital Management LLCSold 13,586 shares on 2/10/2023Ownership: 5.226%Moors & Cabot Inc.Sold 60,250 shares on 2/10/2023Ownership: 0.345%Dimensional Fund Advisors LPBought 3,152 shares on 2/9/2023Ownership: 4.373%View All Institutional Transactions TESS Stock - Frequently Asked Questions How have TESS shares performed in 2023? TESSCO Technologies' stock was trading at $4.90 at the start of the year. Since then, TESS shares have decreased by 8.8% and is now trading at $4.47. 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, May 9th 2023. View our TESS earnings forecast. How were TESSCO Technologies' earnings last quarter? TESSCO Technologies Incorporated (NASDAQ:TESS) issued its quarterly earnings data 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 had revenue of $108.54 million for the quarter, compared to analyst estimates of $101.50 million. TESSCO Technologies had a positive trailing twelve-month return on equity of 0.05% and a negative net margin of 0.07%. During the same period in the prior year, the firm posted ($0.03) EPS. 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 many different retail and institutional investors. Top institutional shareholders include Tieton Capital Management LLC (5.23%), Dimensional Fund Advisors LP (4.37%), Renaissance Technologies LLC (3.33%), Moors & Cabot Inc. (1.35%), Essex Investment Management Co. LLC (1.29%) and Moors & Cabot Inc. (0.35%). 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 $4.47. How much money does TESSCO Technologies make? TESSCO Technologies (NASDAQ:TESS) has a market capitalization of $41.26 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 ($0.04) 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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