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TESSCO Technologies Incorporated TESS

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Price alert · TESS

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8.99 0.00 0.00%

At close · Jul 14

8.99 Day range 9.00

52-week range unavailable

Open
8.99
Prev close
8.99
Mkt cap
83.21M
Vol
5.11K
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.00%
More statistics
Low
8.99
High
9.00
Forward P/E
89.80
Beta
0.92
Short ratio
0.97
Inst. own
46.39%
Dividend
0.00
Ex-div date
Feb 10, 2020
Earnings
Jul 25, 2023
50-d avg
8.86
200-d avg
6.00
1y target
0.00

2Y chart

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Key statistics

Market cap
83.21M
Enterprise value
160.45M
Trailing P/E
0.00
Forward P/E
89.80
PEG ratio
8.94
Price / sales
0.18
Price / book
1.14
EPS (TTM)
-0.47
Beta
0.92
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-0.96%
Revenue (TTM)
452.06M
Revenue growth
2.60%
Free cash flow
-31.16M
Total cash
777.20K
Total debt
78.35M
Return on equity
-5.83%
Shares outstanding
9.27M
Short % of float
0.89%
50-day average
8.86
200-day average
6.00

Analyst view

Consensus: hold

Hold
Price target (mean) 0.00
Ratings (0m) 2 1 buy · 1 hold · 0 sell
  • Strong buy0
  • Buy1
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Jul 25, 2023

Expected Jul 25, 2023. Consensus EPS estimate -0.09.

Earnings history

Financials — quick view

All financials
TESS Revenue — quarterly 104.20M
2020-Q1 20192020-Q2 20192020-Q3 20192020-Q4 20202021-Q1 20202021-Q2 20202021-Q3 20202021-Q4 20212022-Q1 20212022-Q2 20212022-Q3 20212022-Q4 20222023-Q1 20222023-Q2 20222023-Q3 20222023-Q4 2023
TESS Net income — quarterly -5.64M
2020-Q1 20192020-Q2 20192020-Q3 20192020-Q4 20202021-Q1 20202021-Q2 20202021-Q3 20202021-Q4 20212022-Q1 20212022-Q2 20212022-Q3 20212022-Q4 20222023-Q1 20222023-Q2 20222023-Q3 20222023-Q4 2023
TESS EPS — quarterly -0.61
2020-Q1 20192020-Q2 20192020-Q3 20192020-Q4 20202021-Q1 20202021-Q2 20202021-Q3 20202021-Q4 20212022-Q1 20212022-Q2 20212022-Q3 20212022-Q4 20222023-Q1 20222023-Q2 20222023-Q3 20222023-Q4 2023

Earnings

TESS recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jul 25, 2023Jun 1, 20230.00———
May 26, 2023Mar 1, 2023-0.50———
Feb 7, 2023Dec 1, 2022-0.16———
Oct 27, 2022Sep 1, 2022-0.13———
Jul 26, 2022Jun 1, 2022-0.13———
May 10, 2022Mar 1, 2022-0.21———

Upgrades / downgrades

TESS analyst upgrades and downgrades
DateFirmActionFromTo
Apr 13, 2023William BlairdownOutperformMarket Perform

About TESSCO Technologies Incorporated

TESSCO Technologies Incorporated engages in manufacture and distribution of technology products and solutions for wireless infrastructure market in the United States and internationally. It operates in 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.

Sector
Technology
Industry
Communication Equipment
Country
United States
Website
tessco.com

News

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Insider holders

TESS insider holders
InsiderRelationLatest transactionDateShares held
BARNHILL ROBERT B JRBeneficial Owner of more than 10% of a Class of SecuritySaleApr 24, 20231,527,890
BREWER MATTHEW WDirectorStock Award(Grant)Jun 5, 202212,605
BRYAN J TIMOTHYDirectorStock Award(Grant)Jun 5, 202241,610
CAMPBELL STEVEN T.DirectorStock Award(Grant)Jun 5, 202228,521
DISMORE STEPHANIEDirectorStock Award(Grant)Jun 5, 202238,037
IRVIN VERNON LDirectorStock Award(Grant)Jun 5, 202228,920

Institution ownership

TESS institution ownership
Holder% heldSharesValueReported
Tieton Capital Management, LLC4.88%452,5494.06MMar 30, 2023
Blackrock Inc.4.43%410,6573.69MMar 30, 2023
Dimensional Fund Advisors LP4.14%383,7153.45MMar 30, 2023
Renaissance Technologies, LLC3.31%306,7272.75MMar 30, 2023
Vanguard Group, Inc. (The)2.44%225,6922.03MMar 30, 2023
Bridgeway Capital Management, Inc.2.16%200,2591.80MMar 30, 2023

Fund ownership

TESS fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund1.50%138,1251.24MDec 30, 2022
DFA U.S. Targeted Value Portfolio1.06%98,276882.52KJan 30, 2023
Vanguard Extended Market Index Fund0.91%84,101755.23KDec 30, 2022
DFA U.S. Small Cap Series0.72%66,191594.39KJan 30, 2023
DFA U.S. Small Cap Value Series0.61%56,735509.48KJan 30, 2023
Bridgeway Funds Inc-Ultra Small Company Fund0.54%49,629445.67KDec 30, 2022
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