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TESSCO Technologies

Nasdaq:TESS
Snowflake Description

Adequate balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TESS
Nasdaq
$136M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

TESSCO Technologies Incorporated architects and delivers products and value chain solutions to support wireless systems in the United States. The last earnings update was 40 days ago. More info.


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  • TESSCO Technologies has significant price volatility in the past 3 months.
TESS Share Price and Events
7 Day Returns
4.4%
NasdaqGS:TESS
1.7%
US Communications
1.2%
US Market
1 Year Returns
-28.2%
NasdaqGS:TESS
13%
US Communications
3%
US Market
TESS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TESSCO Technologies (TESS) 4.4% 7.1% 42.5% -28.2% -6.1% -53.9%
US Communications 1.7% 5.5% 21.9% 13% 77.2% 86.1%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • TESS underperformed the Communications industry which returned 13% over the past year.
  • TESS underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
TESS
Industry
5yr Volatility vs Market

Value

 Is TESSCO Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for TESSCO Technologies. This is due to cash flow or dividend data being unavailable. The share price is $16.05.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TESSCO Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TESSCO Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:TESS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-30) in USD $0.74
NasdaqGS:TESS Share Price ** NasdaqGS (2019-03-20) in USD $16.05
United States of America Communications Industry PE Ratio Median Figure of 33 Publicly-Listed Communications Companies 30.4x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TESSCO Technologies.

NasdaqGS:TESS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:TESS Share Price ÷ EPS (both in USD)

= 16.05 ÷ 0.74

21.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TESSCO Technologies is good value based on earnings compared to the US Communications industry average.
  • TESSCO Technologies is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does TESSCO Technologies's expected growth come at a high price?
Raw Data
NasdaqGS:TESS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
4.5%per year
United States of America Communications Industry PEG Ratio Median Figure of 21 Publicly-Listed Communications Companies 1.37x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

NasdaqGS:TESS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 21.72x ÷ 4.5%

4.87x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TESSCO Technologies is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on TESSCO Technologies's assets?
Raw Data
NasdaqGS:TESS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-30) in USD $12.96
NasdaqGS:TESS Share Price * NasdaqGS (2019-03-20) in USD $16.05
United States of America Communications Industry PB Ratio Median Figure of 67 Publicly-Listed Communications Companies 1.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqGS:TESS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:TESS Share Price ÷ Book Value per Share (both in USD)

= 16.05 ÷ 12.96

1.24x

* Primary Listing of TESSCO Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TESSCO Technologies is good value based on assets compared to the US Communications industry average.
X
Value checks
We assess TESSCO Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. TESSCO Technologies has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is TESSCO Technologies expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TESSCO Technologies expected to grow at an attractive rate?
  • TESSCO Technologies's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • TESSCO Technologies's earnings growth is positive but not above the United States of America market average.
  • TESSCO Technologies's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:TESS Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:TESS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 4.5%
NasdaqGS:TESS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 4.4%
United States of America Communications Industry Earnings Growth Rate Market Cap Weighted Average 15.2%
United States of America Communications Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:TESS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:TESS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 642 7 1
2019-03-31 610 6 1
NasdaqGS:TESS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-30 611 1 6
2018-09-30 605 4 5
2018-07-01 591 3 6
2018-04-01 580 -9 5
2017-12-24 554 -5 3
2017-09-24 555 -14 3
2017-06-25 544 -11 2
2017-03-26 533 3 1
2016-12-25 525 13 0
2016-09-25 517 17 2
2016-06-26 525 18 4
2016-03-27 531 20 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • TESSCO Technologies's earnings are expected to grow by 4.5% yearly, however this is not considered high growth (20% yearly).
  • TESSCO Technologies's revenue is expected to grow by 4.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:TESS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from TESSCO Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:TESS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31 0.77 0.77 0.77 1.00
2019-03-31 0.76 0.76 0.76 1.00
NasdaqGS:TESS Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-30 0.74
2018-09-30 0.61
2018-07-01 0.68
2018-04-01 0.62
2017-12-24 0.38
2017-09-24 0.34
2017-06-25 0.25
2017-03-26 0.17
2016-12-25 0.04
2016-09-25 0.24
2016-06-26 0.45
2016-03-27 0.65

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if TESSCO Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess TESSCO Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TESSCO Technologies has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has TESSCO Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TESSCO Technologies's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • TESSCO Technologies's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • TESSCO Technologies's 1-year earnings growth exceeds its 5-year average (88.9% vs -35.3%)
  • TESSCO Technologies's earnings growth has exceeded the US Communications industry average in the past year (88.9% vs 19.6%).
Earnings and Revenue History
TESSCO Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TESSCO Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:TESS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-30 610.77 6.22 116.29
2018-09-30 604.74 5.09 116.21
2018-07-01 591.18 5.67 113.41
2018-04-01 580.27 5.20 112.33
2017-12-24 553.96 3.17 108.86
2017-09-24 554.90 2.83 109.31
2017-06-25 544.45 2.05 109.34
2017-03-26 533.30 1.45 108.42
2016-12-25 524.85 0.32 107.73
2016-09-25 517.16 1.97 104.61
2016-06-26 524.88 3.71 103.77
2016-03-27 530.68 5.33 102.93
2015-12-27 529.49 7.08 100.71
2015-09-27 525.17 5.87 95.93
2015-06-28 531.34 6.63 99.63
2015-03-29 549.62 8.59 102.69
2014-12-28 561.19 11.75 104.02
2014-09-28 570.92 14.46 113.04
2014-06-29 568.92 15.51 112.37
2014-03-30 560.09 16.12 99.87
2013-12-29 594.00 16.07 115.50
2013-09-29 653.54 17.02 116.75
2013-06-30 704.26 17.69 117.73
2013-03-31 752.57 17.59 117.82
2012-12-30 788.90 18.20 120.90
2012-09-30 810.69 17.57 122.27
2012-07-01 762.29 15.85 120.54
2012-04-01 733.39 16.20 121.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • TESSCO Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • TESSCO Technologies used its assets less efficiently than the US Communications industry average last year based on Return on Assets.
  • TESSCO Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess TESSCO Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TESSCO Technologies has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is TESSCO Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TESSCO Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TESSCO Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TESSCO Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TESSCO Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 10.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TESSCO Technologies Company Filings, last reported 2 months ago.

NasdaqGS:TESS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-30 109.46 16.91 0.00
2018-09-30 108.04 19.76
2018-07-01 107.87 15.79 0.01
2018-04-01 108.05 10.87 0.02
2017-12-24 108.12 5.97 0.04
2017-09-24 107.86 13.32 0.25
2017-06-25 107.29 8.39 0.16
2017-03-26 108.02 0.06 8.54
2016-12-25 110.20 0.06 8.35
2016-09-25 110.45 0.07 10.75
2016-06-26 110.89 0.08 12.57
2016-03-27 112.53 1.96 16.88
2015-12-27 116.03 2.02 7.47
2015-09-27 114.62 2.08 5.97
2015-06-28 113.08 2.15 6.38
2015-03-29 113.14 2.21 7.52
2014-12-28 115.17 2.27 9.54
2014-09-28 119.18 2.33 2.66
2014-06-29 117.12 2.40 6.24
2014-03-30 114.83 2.46 11.47
2013-12-29 113.16 2.52 8.28
2013-09-29 109.65 2.58 3.23
2013-06-30 105.91 11.79 0.38
2013-03-31 102.80 2.71 4.47
2012-12-30 100.57 2.77 2.59
2012-09-30 101.96 2.83 16.99
2012-07-01 97.16 2.89 14.27
2012-04-01 93.65 2.96 18.21
  • TESSCO Technologies's level of debt (15.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (2.2% vs 15.5% today).
  • Debt is not well covered by operating cash flow (7.9%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 11x coverage).
X
Financial health checks
We assess TESSCO Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. TESSCO Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is TESSCO Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.98%
Current annual income from TESSCO Technologies dividends.
If you bought $2,000 of TESSCO Technologies shares you are expected to receive $100 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • TESSCO Technologies's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • TESSCO Technologies's dividend is above the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:TESS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Communications Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:TESS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-03-31
2019-03-31
NasdaqGS:TESS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-24 0.800 5.105
2018-10-25 0.800 6.665
2018-07-27 0.800 4.987
2018-07-16 0.800 4.465
2018-06-01 0.800 4.646
2018-05-07 0.800 4.441
2017-10-23 0.800 4.191
2017-08-03 0.800 6.134
2017-07-18 0.800 5.723
2017-06-07 0.800 5.877
2017-05-08 0.800 5.602
2017-02-03 0.800 5.647
2017-01-30 0.800 5.638
2016-11-04 0.800 6.328
2016-10-27 0.800 7.022
2016-08-04 0.800 6.392
2016-07-21 0.800 6.042
2016-06-06 0.800 5.990
2016-05-09 0.800 5.826
2016-02-05 0.800 4.778
2016-01-25 0.800 4.756
2015-11-06 0.800 3.964
2015-10-26 0.800 3.598
2015-08-06 0.800 3.639
2015-07-16 0.800 3.441
2015-01-16 0.800 3.586
2015-01-15 0.800 3.158
2014-07-23 0.800 2.675
2014-05-06 0.800 2.574
2014-01-23 0.800 2.261
2013-10-23 0.720 1.884
2013-07-24 0.720 2.185
2013-05-09 0.720 2.897
2013-05-08 0.720 3.321
2012-10-31 0.720 3.310
2012-07-24 0.720 3.664
2012-04-26 0.720 3.479
2012-01-09 0.600 2.990
2011-10-17 0.600 4.325
2011-07-19 0.600 4.270
2011-04-27 0.400 3.444
2011-01-19 0.400 3.385
2010-09-30 0.400 2.549
2010-07-21 0.400 3.228
2010-04-28 0.400 2.419
2010-01-13 0.267 1.877
2009-10-20 0.267 2.526
2009-07-28 0.267 2.435

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of TESSCO Technologies's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess TESSCO Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TESSCO Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TESSCO Technologies has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of TESSCO Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Murray Wright
COMPENSATION $1,505,657
AGE 61
TENURE AS CEO 2.5 years
CEO Bio

Mr. Murray N. Wright has been Chief Executive Officer, President and Director of TESSCO Technologies Inc. since September 2016. Mr. Wright served as the Chief Executive Officer and President at Zones, Inc., from September 01, 2013 to November 11, 2015. Prior to Zones, Inc., Mr. Wright served as the President of Americas at Tech Data Corp. from April 2010 to August 2013. Mr. Wright served as a Senior Vice President of U.S. Sales at Tech Data Corp. since November 27, 2006. Mr. Wright served as the President and General Manager for Lenovo Canada, where he was responsible for the PC company's sales, marketing and channel strategies. Prior to Lenovo, he served as a General Manager for distributor Ingram Micro Canada. He served as Vice President of Americas Sales for Ingram Micro Canada. He spent seven years with the distributor, joined as a Vice President of Sales and leading numerous initiatives to strengthen its operations, customer relations and financial performance. Mr. Wright also served as a General Manager of Sharp Electronics of Canada Ltd., Vice President of Triathlon Leasing Inc. and held several sales management positions with Xerox Canada Inc. He has more than 25 years experience in IT industry including senior executive positions with leading manufacturers and a broadline distributor. He serves as a Director of ActivateIT, Inc. Mr. Wright earned a Bachelor's Degree from Clarkson University in Potsdam, New York.

CEO Compensation
  • Murray's compensation has increased by more than 20% in the past year.
  • Murray's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the TESSCO Technologies management team in years:

5.4
Average Tenure
51
Average Age
  • The average tenure for the TESSCO Technologies management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Bob Barnhill

TITLE
Founder & Executive Chairman
COMPENSATION
$631K
AGE
74
TENURE
37.2 yrs

Murray Wright

TITLE
President
COMPENSATION
$2M
AGE
61
TENURE
2.5 yrs

Aric Spitulnik

TITLE
CFO, Senior VP & Corporate Secretary
COMPENSATION
$669K
AGE
47
TENURE
5.4 yrs

Douglas Rein

TITLE
Senior Vice President of Performance Systems & Operations
COMPENSATION
$754K
AGE
58
TENURE
19.7 yrs

Liz Robinson

TITLE
Senior Vice President of Retail Sales & Product Marketing
COMPENSATION
$693K
AGE
51
TENURE
2 yrs

Charles Kriete

TITLE
Senior Vice President of Commercial Sales
COMPENSATION
$715K
AGE
40
TENURE
2.2 yrs

Joe Cawley

TITLE
CIO & CTO

Mary Smith

TITLE
VP of Sales & GM of Ventev

Ted Perez

TITLE
Controller
AGE
44
TENURE
5.4 yrs

Cynthia King

TITLE
VP & Treasurer
Board of Directors Tenure

Average tenure and age of the TESSCO Technologies board of directors in years:

18.8
Average Tenure
68.5
Average Age
  • The average tenure for the TESSCO Technologies board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Murray Wright

TITLE
President
COMPENSATION
$2M
AGE
61
TENURE
2.5 yrs

Benn Konsynski

TITLE
Independent Director
COMPENSATION
$90K
AGE
67
TENURE
25.3 yrs

Bob Barnhill

TITLE
Founder & Executive Chairman
COMPENSATION
$631K
AGE
74
TENURE
25.3 yrs

Mort Zifferer

TITLE
Independent Director
COMPENSATION
$94K
AGE
70
TENURE
25.3 yrs

John Beletic

TITLE
Lead Director
COMPENSATION
$98K
AGE
66
TENURE
10.6 yrs

Dennis Shaughnessy

TITLE
Independent Director
COMPENSATION
$86K
AGE
71
TENURE
30.2 yrs

Jay Baitler

TITLE
Independent Director
COMPENSATION
$93K
AGE
71
TENURE
12.2 yrs

Paul Gaffney

TITLE
Director
AGE
51
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
27. Jul 18 Sell Robert Barnhill Individual 25. Jul 18 26. Jul 18 -9,988 $17.91 $-178,835
25. Jul 18 Sell Robert Barnhill Individual 20. Jul 18 24. Jul 18 -24,176 $18.02 $-430,208
20. Jul 18 Sell Robert Barnhill Individual 18. Jul 18 19. Jul 18 -22,603 $18.30 $-413,548
05. Jun 18 Sell Robert Barnhill Individual 01. Jun 18 01. Jun 18 -7,240 $18.11 $-131,116
31. May 18 Sell Robert Barnhill Individual 29. May 18 31. May 18 -6,143 $18.08 $-110,810
X
Management checks
We assess TESSCO Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. TESSCO Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Introducing TESSCO Technologies (NASDAQ:TESS), The Stock That Slid 57% In The Last Five Years

It is doubtless a positive to see that the TESSCO Technologies Incorporated (NASDAQ:TESS) share price has gained some 38% in the last three months. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Looking back five years, both TESSCO Technologies's share price and EPS declined; the latter at a rate of 18% per year.

Simply Wall St -

Has TESSCO Technologies Incorporated (NASDAQ:TESS) Been Employing Capital Shrewdly?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Is TESSCO Technologies Incorporated (NASDAQ:TESS) Potentially Undervalued?

TESSCO Technologies Incorporated (NASDAQ:TESS), which is in the communications business, and is based in United States,. … So, could the stock still be trading at a low price relative to its actual value. … Let’s take a look at TESSCO Technologies’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Do You Like TESSCO Technologies Incorporated (NASDAQ:TESS) At This P/E Ratio?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … TESSCO Technologies has a P/E ratio of 20.18, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Does The TESSCO Technologies Incorporated (NASDAQ:TESS) Share Price Fall With The Market?

If you're interested in TESSCO Technologies Incorporated (NASDAQ:TESS), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

What Type Of Shareholder Owns TESSCO Technologies Incorporated's (NASDAQ:TESS)?

Every investor in TESSCO Technologies Incorporated (NASDAQ:TESS) should be aware of the most powerful shareholder groups. … TESSCO Technologies is a smaller company with a market capitalization of US$105m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for TESSCO Technologies

Simply Wall St -

Based On Its ROE, Is TESSCO Technologies Incorporated (NASDAQ:TESS) A High Quality Stock?

TESSCO Technologies has a ROE of 4.7%, based on the last twelve months. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.047 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Are Insiders Selling TESSCO Technologies Incorporated (NASDAQ:TESS) Stock?

So before you buy or sell TESSCO Technologies Incorporated (NASDAQ:TESS), you may well want to know whether insiders have been buying or selling. … TESSCO Technologies Insider Transactions Over The Last Year. … In total, TESSCO Technologies insiders sold more than they bought over the last year.

Simply Wall St -

Is TESSCO Technologies Incorporated (NASDAQ:TESS) Potentially Undervalued?

TESSCO Technologies Incorporated (NASDAQ:TESS), which is in the communications business, and is based in United States,. … A question to answer is whether TESSCO Technologies's current trading price of $11.41 reflective of the actual value of the? … Let’s take a look at TESSCO Technologies’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Read This Before Considering TESSCO Technologies Incorporated (NASDAQ:TESS) For Its Upcoming US$0.20 Dividend

Investors who want to cash in on TESSCO Technologies Incorporated's (NASDAQ:TESS) upcoming dividend of US$0.20 per share have only 2 days left to buy the shares before its ex-dividend date, 13 November 2018, in time for dividends payable on the 28 November 2018. … Below, I'm going to look at the latest data and analyze the stock and its dividend property in further detail. … How I analyze a dividend stock?

Simply Wall St -

Company Info

Description

TESSCO Technologies Incorporated architects and delivers products and value chain solutions to support wireless systems in the United States. 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, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems, as well as program management, connector installation, custom jumper assembly, site kitting, and logistics integration services. It also offers 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, as well as training classes, technical support, and engineering design services. In addition, the company provides 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. Further, it offers mobile devices, such as cellular and smart phones; and data device accessories, including power supplies, cases, screen protectors, speakers, mobile amplifiers, Bluetooth and corded headsets, mounts, car antennas, music accessories, and data and memory cards. 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, value-added resellers, retail carrier stores and their independent agents, and other retailers under the Ventev, Wireless Solutions, and TerraWave brands. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland.

Details
Name: TESSCO Technologies Incorporated
TESS
Exchange: NasdaqGS
Founded: 1982
$135,830,524
8,462,961
Website: http://www.tessco.com
Address: TESSCO Technologies Incorporated
11126 McCormick Road,
Hunt Valley,
Maryland, 21031,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS TESS Common Stock Nasdaq Global Select US USD 28. Sep 1994
Number of employees
Current staff
Staff numbers
768
TESSCO Technologies employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:46
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/01/25
Last earnings filing: 2019/02/08
Last earnings reported: 2018/12/30
Last annual earnings reported: 2018/04/01


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.