Markets

Tesco (TESO): How Do the Books Stack Up?

Tesco Corporation (NASDAQ:TESO)’s interesting series of developments are underway around the US stock market these days. Now trading with a market value of 186.61M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. As the day-to-day narrative ebbs and flows for this company, it is more important than ever to step back and get a bird’s eye view of the fundamental reality under the surface of this story.

Tesco Corporation (NASDAQ:TESO) Fundamentals That Matter

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For TESO, the company currently has 75.25 million of cash on the books. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 324.44 million in total assets, balanced by 38 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.

Tesco Corporation (TESO) saw -12.33 million in free cash flow last quarter, representing a quarterly net change in cash of -11.39 million. Perhaps most importantly where cash movements are concerned, the company saw about -11.54 million in net operating cash flow.



Tesco Corporation (NASDAQ:TESO) Revenue Growth Potential

As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 40.14 million in total revenues. That represents a quarterly year/year change in revenues of 0.19 in sequential terms, the TESO saw sales decline by 0.09.

But what about the bottom line? After all, that’s what really matters in the end. Tesco Corporation (TESO) is intriguing when broken down to its core data. The cost of selling goods last quarter was 44.71 million, yielding a gross basic income of -4.57 million . For shareholders, given the total diluted outstanding shares of 46.74 million, this means overall earnings per share of -0.26. Note, this compares with a consensus analyst forecast of -0.21 in earnings per share for its next fiscal quarterly report.




Is Tesco Corporation (NASDAQ:TESO) Valuation Attractive

Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about -0.55 in total earnings per share. If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 9,999. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on Tesco Corporation.

Previous ArticleNext Article

Related Post

Why You Should Want To Trade Envision Healthcare C... It's worth it to have a look at Envision Healthcare Corporation (NYSE:EVHC) as there may be a chasm between the bulls and the bears as far as recent t...
The Fundamental Case for and Against Apache Corpor... Apache Corporation (NYSE:APA) is in the highlights and many would want to know whether now might be a good time for it to present much upside. Now tra...
Looking at the Big Picture for New Gold Inc. (NGD) New Gold Inc. (NYSE:NGD) is one of the active stocks and its unusual movement is raising eyebrows among traders. Now trading with a market value of 1....
Fundamentals in Focus for Glu Mobile Inc. (GLUU) It is interesting to note that Glu Mobile Inc. (NASDAQ:GLUU) is active and made a solid movement in the last trading day. Now trading with a market va...
PPG Industries, Inc. (PPG): Does This Move Make An... It is interesting to note that PPG Industries, Inc. (NYSE:PPG) is active and made a solid movement in the last trading day. Now trading with a market ...