The provider of marketing and sales services, knowledge and supply chain management, product-solution delivery and control systems utilizing Internet and information technology has seen a mixed track record. While current year estimate revisions over the past few weeks hasn’t been in a trend, the consensus for earnings moved downward from $2.10 per share to $1.48 per share. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
TESS currently has a Zacks Rank #5 (Strong Sell).
Some better-ranked stocks in the same sector include 8×8 Inc. (EGHT), ClearOne, Inc. (CLRO) and SeaChange International Inc. (SEAC). All these stocks hold a Zacks Rank #1 (Strong Buy).
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