Tessco Technologies Reports Q4 Loss, Misses Revenue Estimates
| TESSDelisted Stock | USD 8.99 0.00 0.00% |
Slightly above 56% of TESSCO Technologies' investor base is looking to short. The analysis of current outlook of investing in TESSCO Technologies Incorporated suggests that many traders are alarmed regarding TESSCO Technologies' prospects. TESSCO Technologies' investing sentiment can be driven by a variety of factors including economic data, TESSCO Technologies' earnings reports, geopolitical events, and overall market trends.
TESSCO |
Tessco delivered earnings and revenue surprises of -22 percent and 10.29, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock
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TESSCO Technologies Fundamental Analysis
We analyze TESSCO Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TESSCO Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TESSCO Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
TESSCO Technologies is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
TESSCO Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TESSCO Technologies stock to make a market-neutral strategy. Peer analysis of TESSCO Technologies could also be used in its relative valuation, which is a method of valuing TESSCO Technologies by comparing valuation metrics with similar companies.
Peers
TESSCO Technologies Related Equities
| CMTL | Comtech Telecommunicatio | 8.85 | ||||
| SILC | Silicom | 6.52 | ||||
| KVHI | KVH Industries | 4.36 | ||||
| MYNA | Mynaric AG | 3.60 | ||||
| KN | Knowles Cor | 3.55 | ||||
| TSAT | Telesat Corp | 3.49 | ||||
| ITRN | Ituran Location | 2.65 | ||||
| AVNW | Aviat Networks | 0.76 | ||||
| NTGR | NETGEAR | 0.12 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in TESSCO Stock
If you are still planning to invest in TESSCO Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TESSCO Technologies' history and understand the potential risks before investing.
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