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DIS   94.88 (-0.77%)
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NASDAQ:TESS

TESSCO Technologies - TESS Stock Forecast, Price & News

$4.53
-0.02 (-0.44%)
(As of 03/28/2023 12:40 PM ET)
Add
Compare
Today's Range
$4.46
▼
$4.53
50-Day Range
$4.42
▼
$5.04
52-Week Range
$4.03
▼
$6.50
Volume
7,059 shs
Average Volume
8,340 shs
Market Capitalization
$41.81 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
0.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.32mentions of TESSCO Technologies in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.39) to $0.10 Per Share

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 stars

Computer And Technology Sector

559th out of 616 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

7th out of 8 stocks

See Top Rated MarketRank™ Stocks Here

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

March 27, 2023 | marketwatch.com
System Integrator Market 2023-A Detailed Analysis till 2028
March 23, 2023 | americanbankingnews.com
TESSCO Technologies (NASDAQ:TESS) Receives New Coverage from Analysts at StockNews.com
March 28, 2023 | Weiss Ratings (Ad)
Fed's Shocking New Plan to Control Your Money
The 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.com
System Integrator Market forecast to 2028
March 21, 2023 | marketwatch.com
Digital Transformation in the Retail Sector Market Report | Global Forecast From 2023 To 2029
March 20, 2023 | marketwatch.com
Global Microwave Backhaul System Market Size by Type (Professional Services, Network Services) Forecast from 2023 to 2028
March 13, 2023 | tmcnet.com
Global Ambient Commerce Market Report to 2028: Rising Demand for Smart Gadgets and Contactless Shopping Drives Growth
March 2, 2023 | finance.yahoo.com
Hamid Sarshar Named President of TESCO Controls
March 28, 2023 | Stansberry Research (Ad)
The gold catalyst we’ve waited for
If 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. But there is ONE important step you should take today to make sure you come out the other side OK.
February 27, 2023 | marketwatch.com
Operational Technology Market (New Insights Report) By 2023 which is Booming Strong Growth in the Globe till 2029
February 24, 2023 | seekingalpha.com
TESS TESSCO Technologies Incorporated
February 23, 2023 | msn.com
Brexit to blame for supermarket fruit and veg rationing, says retail chief - live updates
February 23, 2023 | msn.com
UK brought its shortages of fruit and vegetables on itself, ex-Sainsbury’s CEO says – business live
February 22, 2023 | marketwatch.com
Office Appliances Market Size In 2023 : Emerging Technologies, Opportunity and Forecast to 2028
February 22, 2023 | bbc.com
Tesco boosts staff pay by a further 7%
February 12, 2023 | marketwatch.com
System Integrator Market Outlook 2023 and Forecast to 2028 with Top Countries Data
February 8, 2023 | benzinga.com
Global Frozen Fruit Market 2022 to 2027: Featuring Greenyard, Euroberry, Cold Alex and Entyce Food Ingredients Among Others
February 7, 2023 | finance.yahoo.com
Tessco Technologies (TESS) Q3 Earnings and Revenues Beat Estimates
February 7, 2023 | finance.yahoo.com
TESSCO Reports Third-Quarter Fiscal 2023 Financial Results
February 7, 2023 | benzinga.com
The Worldwide Frozen Fruit Industry is Expected to Reach $6.37 billion by 2027
February 7, 2023 | marketwatch.com
E-books Market Insights-Industry changing aspects, New Technologies and Forecast to 2029
February 7, 2023 | finance.yahoo.com
Zacks Industry Outlook Highlights Arista Networks, Harmonic and TESSCO Technologies
February 6, 2023 | marketwatch.com
Digital Transformation Market in Retail Market Insights-Industry changing aspects, New Technologies and Forecast to 2029
February 6, 2023 | marketwatch.com
Digital Transformation in the Retail Sectors Market Share 2023 Will Touch New Level in Upcoming Year
January 29, 2023 | marketwatch.com
Operational Technology Market is Set to Grow in forecast period 2029
January 27, 2023 | finance.yahoo.com
Intel (INTC) Misses Q4 Earnings Estimates on Lower Revenues
January 26, 2023 | seekingalpha.com
TESSCO to report Q3 revenue in-line with estimates
See More Headlines
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TESS Company Calendar

Last Earnings
10/27/2021
Today
3/28/2023
Fiscal Year End
3/31/2023
Next Earnings (Estimated)
5/09/2023
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)
($0.04)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-2,700,000.00
Net Margins
-0.07%
Pretax Margin
0.03%
Return on Equity
0.05%
Return on Assets
0.02%

Debt

Debt-to-Equity Ratio
0.86
Current Ratio
2.07
Quick Ratio
1.16

Sales & Book Value

Annual Sales
$417.55 million
Price / Sales
0.10
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$8.45 per share
Price / Book
0.53

Miscellaneous

Outstanding Shares
9,230,000
Free Float
8,510,000
Market Cap
$41.26 million
Optionable
Not Optionable
Beta
0.90

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

Key Competitors

View All Competitors

Institutional Ownership

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