About TESSCO Technologies Incorporated (NASDAQ:TESS)
TESSCO Technologies Incorporated architects and delivers the product and value chain solutions to organizations responsible for building, operating, maintaining and reselling cellular, mobile communications, wireless-fidelity (Wi-Fi), machine-to-machine, Internet of Things and wireless backhaul systems. The Company provides marketing and sales services, knowledge and supply chain management, product-solution delivery and control systems utilizing Internet and information technology. Its customers include a diversified mix of carrier and public network operators, tower owners, program managers, contractors and integrators, wireless Internet service providers, industrial and enterprise self-maintained users (including railroads, utilities, mining operators, oil and gas operators and technicians), governments, manufacturers, value-added resellers, tier 1, 2 and 3 retail carrier stores and their independent agents, dealers and consumers, as well as other local and national retailers.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Communications & Networking
- Sub-Industry: Communications Equipment
- Symbol: NASDAQ:TESS
- CUSIP: 87238610
- Web: www.tessco.com
- Market Cap: $110.08 million
- Outstanding Shares: 8,370,000
- 50 Day Moving Avg: $12.89
- 200 Day Moving Avg: $13.62
- 52 Week Range: $9.75 - $16.25
Sales & Book Value:
- Trailing P/E Ratio: 54.79
- Foreward P/E Ratio: 25.78
- P/E Growth: 1.84
- Annual Revenue: $544.45 million
- Price / Sales: 0.20
- Book Value: $12.84 per share
- Price / Book: 1.02
- Annual Dividend: $0.80
- Dividend Yield: 6.1%
- EBITDA: $7.18 million
- Net Margins: 0.38%
- Return on Equity: 2.36%
- Return on Assets: 1.40%
- Current Ratio: 1.96%
- Quick Ratio: 1.06%
- Average Volume: 22,406 shs.
- Beta: 1.2
- Short Ratio: 0.94
Frequently Asked Questions for TESSCO Technologies Incorporated (NASDAQ:TESS)
What is TESSCO Technologies Incorporated's stock symbol?
TESSCO Technologies Incorporated trades on the NASDAQ under the ticker symbol "TESS."
How often does TESSCO Technologies Incorporated pay dividends? What is the dividend yield for TESSCO Technologies Incorporated?
TESSCO Technologies Incorporated announced a quarterly dividend on Wednesday, July 19th. Shareholders of record on Wednesday, August 9th will be paid a dividend of $0.20 per share on Wednesday, August 23rd. This represents a $0.80 annualized dividend and a yield of 6.08%. The ex-dividend date of this dividend is Monday, August 7th. View TESSCO Technologies Incorporated's Dividend History.
How were TESSCO Technologies Incorporated's earnings last quarter?
TESSCO Technologies Incorporated (NASDAQ:TESS) issued its quarterly earnings results on Thursday, October, 27th. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.01. The business earned $134.60 million during the quarter, compared to analysts' expectations of $129.18 million. TESSCO Technologies Incorporated had a return on equity of 2.36% and a net margin of 0.38%. View TESSCO Technologies Incorporated's Earnings History.
When will TESSCO Technologies Incorporated make its next earnings announcement?
Who are some of TESSCO Technologies Incorporated's key competitors?
Some companies that are related to TESSCO Technologies Incorporated include Aerohive Networks (HIVE), Ooma (OOMA), Clearfield (CLFD), CityFibre Infrastructure Holdings PLC (CITY), UTStarcom Holdings Corp (UTSI), Airgain (AIRG), BATM Advanced Communications Ltd (BVC), SRT Marine Systems PLC (SRT), Communications Systems (JCS), Lantronix (LTRX), Trakm8 Holdings PLC (TRAK), Global Invacom Group Ltd (GINV), XG Technology (XGTI), Audience (ADNC), CityFibre Infrastructure Holdings PLC (CFHL), Emulex (ELX), Envivio (ENVI) and Ixia (XXIA).
Who are TESSCO Technologies Incorporated's key executives?
TESSCO Technologies Incorporated's management team includes the folowing people:
- Robert B. Barnhill Jr.,, Executive Chairman of the Board
- Murray N. Wright, President, Chief Executive Officer, Director
- Aric Spitulnik, Chief Financial Officer, Senior Vice President, Secretary
- Charles Kriete, Senior Vice President - Commercial Sales, Product Marketing and Supply Chain
- Liz Robinson, Senior Vice President, Retail Sales and Product Marketing
- Craig Oldham, Senior Vice President-Strategic Marketing
- Douglas A. Rein, Senior Vice President - Performance Systems and Operations
- Mark Wymer, Senior Vice President
- John D. Beletic, Lead Independent Director
- Jay G. Baitler, Independent Director
How do I buy TESSCO Technologies Incorporated stock?
Shares of TESSCO Technologies Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TESSCO Technologies Incorporated's stock price today?
MarketBeat Community Rating for TESSCO Technologies Incorporated (NASDAQ TESS)MarketBeat's community ratings are surveys of what our community members think about TESSCO Technologies Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of TESSCO Technologies Incorporated stock can currently be purchased for approximately $13.15.
Consensus Ratings for TESSCO Technologies Incorporated (NASDAQ:TESS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|Consensus Price Target History for TESSCO Technologies Incorporated (NASDAQ:TESS)
Analysts' Ratings History for TESSCO Technologies Incorporated (NASDAQ:TESS)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for TESSCO Technologies Incorporated (NASDAQ:TESS)Earnings History by Quarter for TESSCO Technologies Incorporated (NASDAQ TESS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/18/2017||Q1 2018||$0.04||$0.08||$126.68 million||$140.01 million||View||N/A|
|5/8/2017||Q4 2017||($0.20)||($0.05)||$121.32 million||$122.60 million||View||Listen|
|1/30/2017||Q3 2017||$0.21||$0.15||$134.73 million||$147.20 million||View||Listen|
|10/27/2016||Q217||$0.11||$0.12||$129.18 million||$134.60 million||View||N/A|
|7/21/2016||Q117||$0.24||$0.01||$116.49 million||$128.90 million||View||Listen|
|5/9/2016||Q416||($0.04)||($0.13)||$121.00 million||$114.20 million||View||Listen|
|1/25/2016||Q3||$0.35||$0.35||$150.39 million||$139.50 million||View||Listen|
|10/26/2015||Q216||$0.26||$0.33||$140.35 million||$142.40 million||View||Listen|
|7/16/2015||Q116||$0.28||$0.20||$135.98 million||$134.70 million||View||Listen|
|5/7/2015||Q4||$0.15||$0.01||$114.21 million||$112.96 million||View||Listen|
|1/15/2015||Q315||$0.35||$0.20||$147.21 million||$135.19 million||View||Listen|
|10/23/2014||Q215||$0.59||$0.42||$157.18 million||$148.52 million||View||Listen|
|7/23/2014||Q314||$0.45||$0.44||$143.57 million||$152.90 million||View||N/A|
|5/6/2014||Q4||$0.40||$0.35||$133.13 million||$124.54 million||View||Listen|
|1/23/2014||Q3||$0.62||$0.53||$154.95 million||$144.90 million||View||Listen|
|7/24/2013||Q1 2014||$0.38||$0.51||$134.24 million||$144.00 million||View||Listen|
Earnings Estimates for TESSCO Technologies Incorporated (NASDAQ:TESS)
2017 EPS Consensus Estimate: $0.17
2018 EPS Consensus Estimate: $0.32
2019 EPS Consensus Estimate: $0.51
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for TESSCO Technologies Incorporated (NASDAQ:TESS)
|Most Recent Dividend:||8/23/2017|
|Payout Ratio:||320.00% (Trailing 12 Months of Earnings) |
222.22% (Based on This Year's Estimates)
156.86% (Based on Next Year's Estimates)
Dividend History by Quarter for TESSCO Technologies Incorporated (NASDAQ TESS)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for TESSCO Technologies Incorporated (NASDAQ:TESS)
Insider Ownership Percentage: 26.90%Insider Trades by Quarter for TESSCO Technologies Incorporated (NASDAQ:TESS)
Institutional Ownership Percentage: 58.66%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/22/2017||Murray N Wright||Insider||Buy||1,000||$14.45||$14,450.00|| |
|11/8/2016||Benn Konsynski||Director||Buy||2,000||$9.95||$19,900.00|| |
|9/11/2014||Robert B Barnhill Jr||CEO||Sell||7,000||$30.75||$215,250.00|| |
|9/9/2014||Robert B Barnhill Jr||CEO||Sell||8,694||$30.87||$268,383.78|| |
|9/4/2014||Robert B Barnhill Jr||CEO||Sell||2,306||$30.90||$71,255.40|| |
|6/25/2014||Robert B Barnhill Jr||CEO||Sell||4,264||$30.30||$129,199.20|| |
|6/24/2014||Robert B Barnhill Jr||CEO||Sell||8,964||$30.30||$271,609.20|| |
|6/19/2014||Robert B Barnhill Jr||CEO||Sell||3,937||$30.42||$119,763.54|| |
|6/16/2014||Robert B Barnhill Jr||CEO||Sell||5,770||$30.66||$176,908.20|| |
|6/11/2014||Robert B Barnhill Jr||CEO||Sell||9,065||$31.12||$282,102.80|| |
|6/5/2014||Robert B Barnhill Jr||CEO||Sell||10,107||$30.36||$306,848.52|| |
|6/3/2014||Robert B Barnhill Jr||CEO||Sell||15,893||$30.72||$488,232.96|| |
|5/29/2014||Robert B Barnhill Jr||CEO||Sell||24,000||$31.20||$748,800.00|| |
|3/14/2014||Benn Konsynski||Director||Sell||2,597||$38.23||$99,283.31|| |
|3/6/2014||Gerald T Garland||VP||Sell||1,158||$38.55||$44,640.90|| |
|2/20/2014||John D Beletic||Director||Sell||7,046||$36.66||$258,306.36|| |
|11/21/2013||Jay G Baitler||Director||Sell||4,457||$37.48||$167,048.36|| |
|11/18/2013||Jay G Baitler||Director||Sell||4,403||$37.31||$164,275.93|| |
|11/13/2013||Jay G Baitler||Director||Sell||4,999||$36.16||$180,763.84|| |
|11/8/2013||Jay G Baitler||Director||Sell||7,544||$35.13||$265,020.72|| |
|11/6/2013||Benn Konsynski||Director||Sell||1,056||$36.00||$38,016.00|| |
|10/29/2013||John D Beletic||Director||Sell||9,000||$34.13||$307,170.00|| |
|9/11/2013||Gerald T Garland||VP||Sell||7,000||$32.11||$224,770.00|| |
|9/4/2013||Benn Konsynski||Director||Sell||4,000||$32.34||$129,360.00|| |
|8/6/2013||Morton Zifferer||Director||Sell||6,285||$32.14||$201,999.90|| |
|8/1/2013||Said Tofighi||VP||Sell||1,200||$32.13||$38,556.00|| |
|7/31/2013||Said Tofighi||VP||Sell||36,000||$32.18||$1,158,480.00|| |
|7/30/2013||John D Beletic||Director||Sell||8,000||$32.44||$259,520.00|| |
|7/29/2013||Gerald T Garland||VP||Sell||10,000||$31.92||$319,200.00|| |
|6/13/2013||Douglas A Rein||VP||Sell||70,000||$23.02||$1,611,400.00|| |
|5/24/2013||Said Tofighi||VP||Sell||9,901||$22.74||$225,148.74|| |
|5/22/2013||Gerald T Garland||VP||Sell||10,000||$22.57||$225,700.00|| |
|8/20/2012||John D Beletic||Director||Sell||1,832||$19.20||$35,174.40|| |
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TESSCO Technologies Incorporated (TESS) Chart for Sunday, October, 22, 2017