With a one year PEG ratio of 0.15, Tessco Technologies Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than just 2.38% of US stocks.
TESS's price/sales ratio is 0.13; that's higher than the P/S ratio of only 2.11% of US stocks.
Over the past twelve months, TESS has reported earnings growth of -1,846.61%, putting it ahead of only 1.12% of US stocks in our set.
If you're looking for stocks that are quantitatively similar to Tessco Technologies Inc, a group of peers worth examining would be WHLM, MATW, IDT, FNHC, and DBI.
TESSCO Technologies Incorporated (TESS) Company Bio
TESSCO Technologies designs delivers product and value chain solutions to support wireless systems. It provides marketing and sales services, knowledge and supply chain management, product solution delivery and control systems. The company was founded in 1982 and is based in Hunt Valley, Maryland.
TESS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Tessco Technologies Inc. To summarize, we found that Tessco Technologies Inc ranked in the 17th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Tessco Technologies Inc ended up being:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 60. Its equity weight surpasses that of merely 6.85% of free cash flow generating stocks in the Technology sector.
Tessco Technologies Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -38.6. This coverage rate is greater than that of only 3.26% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
IMXI, SMTX, AOSL, BHE, and CNXN can be thought of as valuation peers to TESS, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
TESSCO Technologies Incorporated (NASDAQ: TESS), a leading value-added distributor and solutions provider for the wireless industry, will report financial results for its fiscal third quarter ended December 27, 2020 after the market closes on Monday, February 1, 2021.
HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO Technologies Incorporated (NASDAQ: TESS), its Board of Directors and Mr. Robert Barnhill today issued the following joint statement. “We have recently concluded a difficult and at times contentious consent solicitation process. During the process, we listened to a variety of views from our shareholders on the composition of our board. TESSCO shareholders also were clear that they believe the board and management should now turn its full attention to imp
TESSCO Technologies Incorporated (NASDAQ: TESS) and Federated Wireless, both members of the CBRS Alliance, have agreed to join forces to accelerate adoption of Citizens Broadband Radio Service (CBRS) private networks in a number of industries including manufacturing, transportation, and energy.
Robert B. Barnhill, Jr. (together with the other participants of the consent solicitation, the "Barnhill Participants"), one of the largest stockholders of TESSCO Technologies Incorporated (the "Company" or "TESSCO") (NASDAQ: TESS), delivered written consents to the Company on December 11, 2020 from the holders of at least 67% of the Company's outstanding common stock to remove John D. Beletic, Cathy-Ann Martine-Dolecki and Ronald D. McCray from the Board of Directors (the "Board") and to elect J. Timothy Bryan and Kathleen McLean as directors. The Barnhill Participants also delivered written consents from the holders of at least 67 % of the Company's outstanding common stock to reduce the percentage of shareholders that may cause the Company to call a special meeting of shareholders ...