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Tesco Corp. (NASDAQ:TESO) has earned an average recommendation of “Hold” from the fifteen analysts that are currently covering the company, Analyst Ratings Net reports. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $237.21.

Several analysts have recently commented on the stock. Analysts at Global Hunter Securities cut their price target on shares of Tesco Corp. from $22.00 to $1.00 in a research note on Wednesday. Analysts at Cowen and Company raised their price target on shares of Tesco Corp. from $20.00 to $24.00 in a research note on Tuesday, May 13th.

Tesco Corp. (NASDAQ:TESO) traded down 1.42% on Thursday, hitting $19.47. The stock had a trading volume of 88,030 shares. Tesco Corp. has a one year low of $13.45 and a one year high of $22.50. The stock’s 50-day moving average is $20.74 and its 200-day moving average is $20.14. The company has a market cap of $782.7 million and a price-to-earnings ratio of 24.09.

Tesco Corp. (NASDAQ:TESO) last released its earnings data on Friday, August 1st. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.01. The company had revenue of $145.10 million for the quarter, compared to the consensus estimate of $143.08 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. Analysts expect that Tesco Corp. will post $1.21 EPS for the current fiscal year.

Tesco Corporation (NASDAQ:TESO) is engaged in designing, manufacturing, and service delivery of technology based solutions for the upstream energy industry.

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