Tessco Technologies, Inc. Shares Close the Day 10.2% Higher - Daily Wrap
The company saw its shares close the day 10.2% higher than yesterday, with trading volume higher than its 30 day average.
Apr 14, 2021 by Kwhen Finance Editors
Tessco Technologies, Inc. shares closed today 10.2% higher than it did at the end of yesterday. The stock is currently up 15.2% year-to-date, up 29.8% over the past 12 months, and down 47.4% over the past five years. Today, the Dow Jones Industrial Average rose 0.9%, and the S&P 500 rose 1.1%.
Trading Activity
- Shares traded as high as $8.16 and as low as $7.01 this week.
- Shares closed 1e+1% below its 52-week high and 9e+1% above its 52-week low.
- Trading volume this week was 74.6% lower than the 10-day average and 58.4% lower than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 1.5.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was between 30 and 70.
- MACD, a trend-following momentum indicator, indicates an upward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Fundamentals & Catalysts
- Over the past 12 months the company generated $-17,376,800 in earnings before interest and taxes from $466 million in revenue. It currently holds $234,200 in cash and $79 million in debt.
- Its forward price-to-earnings (P/E) ratio of -4.801369737563205 is lower than its current P/E ratio of -3.19, implying that analysts are expecting an increase in earnings.
- The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.02. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
- The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 2.47 which means it currently has $2.47 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
- The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 0.78. This means that the stock is trading at a discount of 1 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
- The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 0.13.
- The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 0.19.
P/E
-3.19
EBITDA
$-17,376,800
P/Book
0.78
Mkt Cap
$63M
P/Sales
0.13
Revenue
$466M
EPS (TTM)
-2.31
PEG Ratio
0.02
EV/Revenue
0.19
Total Cash
$234,200
Debt/Equity
2.47
Forward P/E
-4.80
Current Debt
$79M
Gross Profit
$75M
Dividend Date
-
Earnings Date
2021-05-06
Profit Margin
-0.04
Revenue/Share
52.89
Total Revenue
$466M
Enterprise Val
$87M
Put/Call Ratio
0.00
Revenue/Employee
1192.56
Market Comparative Performance
- The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price beats the performance of its peers in the Information Technology industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis
Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
---|---|---|---|---|---|
Tessco Technologies, Inc. | 10.2 | 15.2 | 29.8 | ||
Dow Jones Industrial Average | 0.9 | 10.9 | 43.6 | -0.1 | 51.3 |
S&P 500 Index | 1.1 | 10.4 | 47.3 | -0.0 | 54.6 |
Information Technology | 1.8 | 9.9 | 65.7 | -0.3 | 76.9 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -39.0%
- The company's stock price performance over the past 12 months lags the peer average by -71.2%
Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
---|---|---|---|---|---|---|
Tessco Technologies, Inc. | TESS | -3.2 | 15.2 | 29.8 | ||
Peer Avg | N/A | -9.7 | 25.0 | 103.5 | -0.2 | 96.7 |
Arrow Electronics Inc. | ARW | 14.7 | 19.5 | 102.7 | -0.6 | 131.8 |
Synnex Corp | SNX | 12.8 | 49.1 | 212.5 | 0.1 | 264.8 |
Avnet Inc. | AVT | -57.6 | 26.5 | 60.8 | ||
Systemax, Inc. | SYX | 25.7 | 24.7 | 165.6 | -0.7 | 183.9 |
Richardson Electronics, Ltd. | RELL | -53.8 | 56.7 | 96.0 | ||
Addvantage Technologies Group | AEY | 0 | -26.8 | -16.4 |
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