Tessco Technologies Inc (TESS) Files 10-K for the Fiscal Year Ended on March 31, 2017

Tessco Technologies Inc ( TESS ) files its latest 10-K with SEC for the fiscal year ended on March 31, 2017. Tessco Technologies Inc architects and delivers product and value chain solutions to support wireless systems. Its product categories base station infrastructure; network systems; installation, test and maintenance; and mobile devices and accessories. Tessco Technologies Inc has a market cap of $107.440 million; its shares were traded at around $12.90 with a P/E ratio of 71.66 and P/S ratio of 0.22. The dividend yield of Tessco Technologies Inc stocks is 6.21%. Tessco Technologies Inc had annual average EBITDA growth of 5.80% over the past ten years.

For the last quarter Tessco Technologies Inc reported a revenue of $122.6 million, compared with the revenue of $114.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $533.3 million, an increase of 0.5% from last year. For the last five years Tessco Technologies Inc had an average revenue decline of 7.3% a year.

The reported diluted earnings per share was 17 cents for the year, a decline of 73.8% from the previous year. Over the last five years Tessco Technologies Inc had an average EPS decline of 37.8% a year. The Tessco Technologies Inc had an operating margin of 0.48%, compared with the operating margin of 1.7% a year before. The 10-year historical median operating margin of Tessco Technologies Inc is 2.63%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Tessco Technologies Inc has the cash and cash equivalents of $8.54 million, compared with $16.9 million in the previous year. The long term debt was $0.03 million, compared with $1.71 million in the previous year. Tessco Technologies Inc has a financial strength rank of 8 (out of 10).

At the current stock price of $12.90, Tessco Technologies Inc is traded at close to its historical median P/S valuation band of $13.92 . The P/S ratio of the stock is 0.22, while the historical median P/S ratio is 0.22. The stock gained 17.31% during the past 12 months.

CEO Recent Trades:

  • President and CEO Murray N Wright bought 1,000 shares of TESS stock on 05/22/2017 at the average price of $14.45. The price of the stock has decreased by 10.73% since.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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