TESS Stock: TESSCO Technologies Incorporated Stock Price, Analysis & Insights
Get live tess stock price $8.99, comprehensive TESSCO Technologies Incorporated stock analysis, charts, news, and expert forecast. Real-time tess stock data and investment insights.
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Company Overview
TESSCO Technologies Incorporated manufactures and distributes technology products and solutions for wireless infrastructure market in the United States and internationally. It operates through two segments, Carrier and Commercial. 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 products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems. It also provides 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. In addition, the company offers 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. 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, national solutions providers, and value-added resellers under the Ventev brand. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland.
Company Information
- CEO
- Sandip Mukerjee
- Sector
- Technology
- Industry
- Communication Equipment
- Employees
- 557
Contact Information
- Website
- https://www.tessco.com
- Address
- 11126 McCormick Road
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Technology sector with established market position
Business Model & Strategy
TESSCO Technologies Incorporated operates in the Communication Equipment industry, focusing on technology development, software services, and digital solutions. Under the leadership of CEO Sandip Mukerjee, the company navigates Technology sector dynamics while pursuing growth opportunities. The Communication Equipment model requires continuous innovation, talent acquisition, and competitive differentiation to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
TESSCO Technologies Incorporated competes in the Communication Equipment within the broader Technology. With 83.3 million in market capitalization, the company is positioned as a emerging competitor in its sector. The Technology is characterized by rapid innovation cycles, platform competition, and disruptive trends. As a publicly traded company on the NASDAQ Global Select, TESSCO Technologies Incorporated provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating TESSCO Technologies Incorporated should consider industry-specific trends, competitive positioning, and Technology sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for TESSCO Technologies Incorporated shareholders
- ⚠Market volatility can significantly impact stock price, especially for smaller companies
- ⚠Sector-specific risks in Technology may affect company performance
- ⚠Past performance does not guarantee future results for TESSCO Technologies Incorporated
- ⚠Investors should consider how TESSCO Technologies Incorporated fits within their overall portfolio allocation
- ⚠Valuation metrics suggest potential, but require fundamental analysis
Market Cap
83.30M
P/E Ratio
-19.13
Beta
0.92
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Technology leader with 83.30M market capitalization
- Trading Volume: 5.11K shares traded today
- Price Range: 52-week range of $4.03 - $9.00
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for TESSCO Technologies Incorporated
TESSCO Technologies Incorporated (TESS) operates in the Communication Equipment industry within the Technology sector. With a current market capitalization of 83.30M, the company represents a significant player in its market. The stock is currently trading at $8.99 with a positivedaily change of 0.11%.
The company's 557 employee base and presence on the NASDAQ Global Selectexchange position it as a Technology sector leader. Investors should consider the stock's P/E ratio of -19.13, beta of 0.92, and 52-week price range from $4.03 to $9.00when evaluating investment opportunities.
Why Invest in TESSCO Technologies Incorporated?
Strengths
- • Established market presence in Technology
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Sandip Mukerjee
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Technology Sector
The Technology sector includes companies that develop and provide technology products and services, including software, hardware, and digital solutions.