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GOOGL   100.99 (+6.09%)
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NVDA   169.23 (+8.24%)
NIO   12.78 (+21.71%)
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MSFT   255.14 (+6.16%)
META   118.10 (+7.89%)
GOOGL   100.99 (+6.09%)
AMZN   96.54 (+4.46%)
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NVDA   169.23 (+8.24%)
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BABA   87.56 (+9.64%)
AMD   77.63 (+5.78%)
T   19.28 (+1.42%)
MU   57.65 (+4.59%)
CGC   3.62 (+5.85%)
F   13.90 (+1.09%)
GE   85.97 (+0.36%)
DIS   97.87 (+3.36%)
AMC   7.23 (-2.69%)
PYPL   78.41 (+0.99%)
PFE   50.13 (+1.29%)
NFLX   305.53 (+8.75%)
NASDAQ:TESS

TESSCO Technologies - TESS Stock Forecast, Price & News

$4.95
+0.05 (+1.02%)
(As of 11/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$4.91
$4.95
50-Day Range
$4.03
$4.90
52-Week Range
$4.03
$8.32
Volume
10,032 shs
Average Volume
25,964 shs
Market Capitalization
$45.56 million
P/E Ratio
70.72
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

255th out of 632 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

6th out of 9 stocks

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.

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TESS Stock News Headlines

Earnings Outlook For Tessco Technologies
Baicells Pens Partnership with Tessco
Can Tesco shares beat the recession?
Tessco Technologies, Inc.
ADTRAN (ADTN) Appears a Solid Investment Bet Now: Here's Why
See More Headlines
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TESS Company Calendar

Last Earnings
10/27/2021
Today
11/30/2022
Next Earnings (Estimated)
2/02/2023
Fiscal Year End
3/31/2023

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
$-2,700,000.00
Pretax Margin
-0.06%

Debt

Sales & Book Value

Annual Sales
$417.55 million
Book Value
$8.41 per share

Miscellaneous

Free Float
8,487,000
Market Cap
$45.56 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













TESS Stock - Frequently Asked Questions

How have TESS shares performed in 2022?

TESSCO Technologies' stock was trading at $6.3099 at the beginning of the year. Since then, TESS shares have decreased by 21.6% and is now trading at $4.95.
View the best growth stocks for 2022 here
.

Are investors shorting TESSCO Technologies?

TESSCO Technologies saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 7,400 shares, a decrease of 22.9% from the October 31st total of 9,600 shares. Based on an average trading volume of 17,700 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.
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) issued its earnings results on Wednesday, October, 27th. The communications equipment provider reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.04. The communications equipment provider earned $108.54 million during the quarter, compared to analysts' expectations 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 quarter last year, the firm earned ($0.03) earnings per share.

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 earnings per share 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 a number of 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 $4.95.

How much money does TESSCO Technologies make?

TESSCO Technologies (NASDAQ:TESS) has a market capitalization of $45.56 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 11/30/2022 by MarketBeat.com Staff