Tesco (NASDAQ:TESO) is scheduled to be announcing its earnings results before the market opens on Monday, February 26th. Analysts expect the company to announce earnings of ($0.19) per share for the quarter.
Shares of Tesco (TESO) opened at $3.70 on Monday. The stock has a market capitalization of $173.00, a P/E ratio of -2.94 and a beta of 1.17. Tesco has a twelve month low of $3.60 and a twelve month high of $9.65.
In related news, CEO Fernando Rafael Assing sold 7,146 shares of the stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $4.20, for a total transaction of $30,013.20. Following the sale, the chief executive officer now owns 164,247 shares in the company, valued at approximately $689,837.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 21,065 shares of company stock worth $87,128 in the last 90 days. 1.70% of the stock is currently owned by insiders.
Several research firms recently weighed in on TESO. B. Riley restated a “buy” rating on shares of Tesco in a report on Wednesday, November 1st. Zacks Investment Research upgraded Tesco from a “sell” rating to a “hold” rating in a report on Thursday, November 30th. Finally, Goldman Sachs Group upgraded Tesco from a “neutral” rating to a “buy” rating in a report on Monday, December 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. Tesco presently has a consensus rating of “Hold” and a consensus price target of $6.00.
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Tesco Company Profile
Tesco Corporation is a provider of technology-based solutions for drilling, servicing and completion of wells for the upstream energy industry. The Company’s operations consist of top drives and automated pipe handling equipment sales and rentals; aftermarket sales and services, and tubular services, including related products and accessories sales.
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