Analysts See $-0.06 EPS for Comtech Telecommunications Corp. (CMTL)

February 23, 2018 - By Michael Collier

 Analysts See $ 0.06 EPS for Comtech Telecommunications Corp. (CMTL)
Investors sentiment decreased to 1.31 in 2017 Q3. Its down 0.53, from 1.84 in 2017Q2. It dived, as 13 investors sold Comtech Telecommunications Corp. shares while 32 reduced holdings. 21 funds opened positions while 38 raised stakes. 19.30 million shares or 1.38% less from 19.57 million shares in 2017Q2 were reported.
16,640 are owned by Metropolitan Life. Ellington Mgmt Lc invested 0.09% in Comtech Telecommunications Corp. (NASDAQ:CMTL). Parametric Portfolio Associates Limited Liability holds 219,516 shares. Tiaa Cref Invest Mngmt Lc has 82,893 shares. Comerica National Bank holds 0% of its portfolio in Comtech Telecommunications Corp. (NASDAQ:CMTL) for 24,792 shares. Paradigm Mgmt Ny invested in 73,098 shares or 0.13% of the stock. Ameriprise Finance Inc has 145,354 shares for 0% of their portfolio. Kennedy Capital invested in 96,536 shares or 0.04% of the stock. Adage Prtnrs Group reported 18,499 shares. Vanguard Grp Inc has 1.33M shares. Foundry Prns Ltd Llc holds 0.19% or 228,775 shares in its portfolio. Great West Life Assurance Com Can holds 0% in Comtech Telecommunications Corp. (NASDAQ:CMTL) or 32,948 shares. Fmr Ltd Com stated it has 0% of its portfolio in Comtech Telecommunications Corp. (NASDAQ:CMTL). Trexquant Invest L P, Connecticut-based fund reported 30,543 shares. Hutchin Hill Cap Ltd Partnership holds 0.02% or 31,500 shares.

Since December 11, 2017, it had 0 insider purchases, and 2 insider sales for $952,019 activity. Another trade for 15,000 shares valued at $309,750 was sold by KORNBERG FRED.

Analysts expect Comtech Telecommunications Corp. (NASDAQ:CMTL) to report $-0.06 EPS on March, 14.They anticipate $0.07 EPS change or 700.00 % from last quarter’s $0.01 EPS. After having $-0.07 EPS previously, Comtech Telecommunications Corp.’s analysts see -14.29 % EPS growth. The stock decreased 2.87% or $0.67 during the last trading session, reaching $22.71. About 204,976 shares traded or 21.83% up from the average. Comtech Telecommunications Corp. (NASDAQ:CMTL) has declined 38.17% since February 23, 2017 and is downtrending. It has underperformed by 54.87% the S&P500.

Comtech Telecommunications Corp. (NASDAQ:CMTL) Ratings Coverage

Among 8 analysts covering Comtech Telecomm. Corp. (NASDAQ:CMTL), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Comtech Telecomm. Corp. had 22 analyst reports since August 10, 2015 according to SRatingsIntel. The company was maintained on Monday, July 10 by Northland Capital. The stock of Comtech Telecommunications Corp. (NASDAQ:CMTL) has “Outperform” rating given on Monday, June 20 by BMO Capital Markets. Noble Financial maintained the stock with “Buy” rating in Friday, September 29 report. The stock of Comtech Telecommunications Corp. (NASDAQ:CMTL) has “Buy” rating given on Thursday, December 7 by BMO Capital Markets. The rating was initiated by Citigroup on Wednesday, August 24 with “Neutral”. The firm has “Neutral” rating by given on Monday, October 10. On Monday, August 10 the stock rating was upgraded by Zacks to “Sell”. The rating was initiated by Ladenburg Thalmann on Friday, July 22 with “Buy”. Jefferies maintained the shares of CMTL in report on Wednesday, October 12 with “Hold” rating. Jefferies maintained it with “Hold” rating and $12.5000 target in Tuesday, June 6 report.

Comtech Telecommunications Corp. designs, develops, produces, and markets products, systems, and services for communications solutions. The company has market cap of $536.13 million. The company's Commercial Solutions segment provides ground equipment, such as single channel per carrier modems and solid state amplifiers that facilitate the transmission of voice, video, and data, as well as offers traveling wave tube amplifiers comprising high power narrow-band amplifiers that are used to amplify signals from satellite earth stations; and safety and security technology solutions that enable 911 c. It has a 32.17 P/E ratio. This segment also offers enterprise application technologies, including location technology, such as Trusted Location, a software scoring system that allows providers to determine mobile location and identify fraudulent behavior and other security risks; Look4, an application that enables clients to build their own applications; Indoor Location, a solution that enables the determination of a cell phone user's geospatial position; text messaging platforms that are used by wireless carriers to provide short-messaging services and to communicate with 911 public safety answering points; and VirtuMedix, a digital health platform that enables virtual healthcare.

More notable recent Comtech Telecommunications Corp. (NASDAQ:CMTL) news were published by: Seekingalpha.com which released: “Comtech Telecommunications bags orders worth $11.0M” on January 23, 2018, also Businesswire.com with their article: “Comtech Telecommunications Corp. Awarded $1.1 Million Order for Infrastructure …” published on November 08, 2017, Nasdaq.com published: “Comtech Telecommunications Corp. (CMTL) Ex-Dividend Date Scheduled for January …” on January 12, 2018. More interesting news about Comtech Telecommunications Corp. (NASDAQ:CMTL) were released by: Newsday.com and their article: “Comtech Telecomm reports narrower loss, stronger outlook” published on December 07, 2017 as well as Businesswire.com‘s news article titled: “Comtech Telecommunications Corp. Receives $19.1 Million Follow-On Contract to …” with publication date: January 17, 2018.

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