company background image
TESS logo

TESSCO Technologies NasdaqGS:TESS Stock Report

Last Price

US$8.99

Market Cap

US$83.3m

7D

0.1%

1Y

55.8%

Updated

19 Jul, 2023

Data

Company Financials

TESSCO Technologies Incorporated

NasdaqGS:TESS Stock Report

Market Cap: US$83.3m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

TESS Stock Overview

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

TESS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

TESSCO Technologies Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TESSCO Technologies
Historical stock prices
Current Share PriceUS$8.99
52 Week HighUS$9.00
52 Week LowUS$4.03
Beta0.92
1 Month Change0.45%
3 Month Change2.51%
1 Year Change55.81%
3 Year Change56.08%
5 Year Change-49.78%
Change since IPO24.48%

Recent News & Updates

Recent updates

TESSCO Technologies (NASDAQ:TESS) Is Carrying A Fair Bit Of Debt

Nov 08
TESSCO Technologies (NASDAQ:TESS) Is Carrying A Fair Bit Of Debt

TESSCO Technologies EPS misses by $0.09, misses on revenue

May 10

Here's Why TESSCO Technologies (NASDAQ:TESS) Can Afford Some Debt

Apr 13
Here's Why TESSCO Technologies (NASDAQ:TESS) Can Afford Some Debt

A Look At TESSCO Technologies' (NASDAQ:TESS) Share Price Returns

Feb 16
A Look At TESSCO Technologies' (NASDAQ:TESS) Share Price Returns

TESSCO Technologies EPS of -$0.11

Feb 01

Is TESSCO Technologies (NASDAQ:TESS) A Risky Investment?

Dec 25
Is TESSCO Technologies (NASDAQ:TESS) A Risky Investment?

TESS makes third settlement proposal to Robert Barnhill to end consent solicitation

Nov 24

TESSCO Technologies (TESS) Investor Presentation - Slideshow

Nov 19

TESSCO Technologies EPS beats by $0.31, misses on revenue

Oct 28

Shareholder Returns

TESSUS CommunicationsUS Market
7D0.1%-4.6%-3.7%
1Y55.8%12.1%20.2%

Return vs Industry: TESS exceeded the US Communications industry which returned 17.6% over the past year.

Return vs Market: TESS exceeded the US Market which returned 13.9% over the past year.

Price Volatility

Is TESS's price volatile compared to industry and market?
TESS volatility
TESS Average Weekly Movement0.4%
Communications Industry Average Movement7.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: TESS's share price has been volatile over the past 3 months.

Volatility Over Time: TESS's weekly volatility has decreased from 13% to 0% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982557Sandip Mukerjeewww.tessco.com

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.

TESSCO Technologies Incorporated Fundamentals Summary

How do TESSCO Technologies's earnings and revenue compare to its market cap?
TESS fundamental statistics
Market capUS$83.30m
Earnings (TTM)-US$4.35m
Revenue (TTM)US$452.06m

0.2x

P/S Ratio

-19.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TESS income statement (TTM)
RevenueUS$452.06m
Cost of RevenueUS$360.98m
Gross ProfitUS$91.08m
Other ExpensesUS$95.43m
Earnings-US$4.35m

Last Reported Earnings

Mar 26, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.47
Gross Margin20.15%
Net Profit Margin-0.96%
Debt/Equity Ratio96.2%

How did TESS perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.