Analysts Expect TESSCO Technologies, Inc. (TESS) to Announce $0.08 EPS
Shares of TESSCO Technologies, Inc. (NASDAQ:TESS) have been given a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Zacks has also given TESSCO Technologies an industry rank of 158 out of 265 based on the ratings given to its competitors.
A number of analysts recently issued reports on the company. Zacks Investment Research cut TESSCO Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. TheStreet raised TESSCO Technologies from a “c+” rating to a “b-” rating in a research report on Monday, December 11th.
TESSCO Technologies (TESS) traded down $0.95 on Monday, reaching $19.15. The company had a trading volume of 30,689 shares, compared to its average volume of 92,600. The firm has a market capitalization of $168.40, a PE ratio of 56.32 and a beta of 1.31. TESSCO Technologies has a 52-week low of $12.15 and a 52-week high of $23.65.
TESSCO Technologies (NASDAQ:TESS) last released its quarterly earnings data on Monday, October 23rd. The communications equipment provider reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. The firm had revenue of $145.08 million during the quarter, compared to analysts’ expectations of $141.97 million. TESSCO Technologies had a return on equity of 3.09% and a net margin of 0.51%. equities analysts anticipate that TESSCO Technologies will post 0.48 earnings per share for the current year.
About TESSCO Technologies
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.
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