TESSCO Technologies Inc (TESS) Forecast, Price Target & Analyst Ratings

NASDAQ:TESS • US8723861071

8.99 USD
+0.01 (+0.11%)
At close: Jul 14, 2023
8.99 USD
0 (0%)
After Hours: 7/14/2023, 8:02:40 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TESSCO Technologies Inc (TESS).

Forecast Snapshot

Consensus Price Target

Price Target
$0.00
-100.00% Downside

Next Earnings Forecast

Earnings Estimate
Release DateJul 25, 2023
PeriodQ1 / 2024
EPS Estimate-$0.09
Revenue Estimate125.66M

ChartMill Buy Consensus

Rating
43.33%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$0.00
Upside
-100.00%
From current price of $8.99 to mean target of $0.00, Based on 6 analyst forecasts
Low
$0.00
Median
$0.00
High
$0.00

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

TESS Current Analyst RatingTESS Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

TESS Historical Analyst RatingsTESS Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6

Analyst Ratings Consensus

ChartMill Buy Consensus
43.33%
TESS was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about TESS.
In the previous month the buy percentage consensus was at a similar level.
TESS was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-04-13William BlairDowngrade Outperform -> Market Perform

Next Earnings Forecast Details

Next Earnings Details

Release DateJul 25, 2023
PeriodQ1 / 2024
EPS Estimate-$0.09
Revenue Estimate125.66M
Revenue Q2Q12.04%
EPS Q2Q-53.00%
Number of Analysts3

Next Earnings Revisions

Revenue (1 Month)
0.14%
Revenue (3 Months)
0.14%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

TESS is expected to report earnings on 7/25/2023. The consensus EPS estimate for the next earnings is -0.09 USD and the consensus revenue estimate is 125.66M USD.
The next earnings revenue estimate has been revised upward by 0.14% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025
Revenue
YoY % growth
TESS revenue by date.TESS revenue by date.
373.341M
-30.90%
417.545M
11.84%
452.065M
8.27%
499.7M
10.54%
542.13M
8.49%
EBITDA
YoY % growth
TESS ebitda by date.TESS ebitda by date.
-14.047M
-17.35%
-1.022M
92.73%
1.755M
271.78%
13.046M
643.40%
N/A
EBIT
YoY % growth
TESS ebit by date.TESS ebit by date.
-17.792M
-11.20%
-3.507M
80.29%
-2.114M
39.73%
-2.129M
-0.72%
N/A
Operating Margin
TESS operating margin by date.TESS operating margin by date.
-4.77%-0.84%-0.47%-0.43%N/A
EPS
YoY % growth
TESS eps by date.TESS eps by date.
-1.43
42.34%
-0.37
74.13%
-0.50
-35.14%
0.10
120.40%
0.10

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth
-0.09
-53.00%
-0.08
-168.00%
0.16
226.40%
0.11
118.39%
Revenue
Q2Q % growth
125.66M
12.04%
130.95M
8.66%
124.75M
8.59%
113.52M
8.94%
EBITDA
Q2Q % growth
2.107M
616.91%
2.318M
-9.56%
4.468M
73.98%
4.152M
740.54%
EBIT
Q2Q % growth
-590.58K
-138.14%
-496.74K
-133.30%
1.785M
83.02%
1.431M
131.68%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TESS Yearly Revenue VS EstimatesTESS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
TESS Yearly EPS VS EstimatesTESS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1 -1 -2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

TESSCO Technologies Inc / TESS Forecast FAQ

Can you provide the upcoming earnings date for TESSCO Technologies Inc?

TESSCO Technologies Inc (TESS) will report earnings on 2023-07-25, after the market close.


Can you provide the consensus estimates for TESSCO Technologies Inc next earnings?

The consensus EPS estimate for the next earnings of TESSCO Technologies Inc (TESS) is -0.09 USD and the consensus revenue estimate is 125.66M USD.