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

February 15, 2018 - By Dolores Ford

 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.
Renaissance Technologies Limited Liability holds 0% in Comtech Telecommunications Corp. (NASDAQ:CMTL) or 77,900 shares. Panagora Asset Mngmt has invested 0.01% in Comtech Telecommunications Corp. (NASDAQ:CMTL). Prudential Incorporated owns 58,325 shares. Profit Ltd Liability holds 1.42% of its portfolio in Comtech Telecommunications Corp. (NASDAQ:CMTL) for 79,355 shares. 219,516 are owned by Parametric Port Lc. Pnc Financial Services Gru accumulated 602 shares. Wedge Cap Management L Limited Partnership Nc invested in 0.01% or 36,400 shares. Sei owns 18 shares or 0% of their US portfolio. The Ontario – Canada-based Manufacturers Life Insurance The has invested 0% in Comtech Telecommunications Corp. (NASDAQ:CMTL). Hutchin Hill Capital Limited Partnership holds 31,500 shares. Moreover, Morgan Stanley has 0% invested in Comtech Telecommunications Corp. (NASDAQ:CMTL) for 136,142 shares. Art Advsr Ltd Liability Corporation holds 0.01% of its portfolio in Comtech Telecommunications Corp. (NASDAQ:CMTL) for 9,792 shares. Wells Fargo And Commerce Mn accumulated 0% or 32,276 shares. Ellington Mngmt Group Ltd Liability Co reported 0.09% stake. Highbridge Mgmt Limited Liability holds 26,178 shares.

Since December 11, 2017, it had 0 buys, and 2 insider sales for $952,019 activity. KORNBERG FRED also sold $309,750 worth of Comtech Telecommunications Corp. (NASDAQ:CMTL) on Monday, December 11.

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 increased 0.65% or $0.14 during the last trading session, reaching $21.79. About 33,861 shares traded. Comtech Telecommunications Corp. (NASDAQ:CMTL) has declined 38.17% since February 15, 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 Thursday, September 28 by BMO Capital Markets. The firm has “Buy” rating by Ladenburg Thalmann given on Friday, July 22. On Monday, August 10 the stock rating was upgraded by Zacks to “Sell”. The company was downgraded on Friday, October 16 by TheStreet. The stock of Comtech Telecommunications Corp. (NASDAQ:CMTL) earned “Neutral” rating by Citigroup on Wednesday, August 24. Jefferies maintained the stock with “Hold” rating in Thursday, December 7 report. The firm earned “Buy” rating on Friday, June 9 by Noble Financial. The firm earned “Buy” rating on Friday, September 29 by Noble Financial. On Wednesday, October 12 the stock rating was maintained by Jefferies with “Hold”. Jefferies maintained it with “Hold” rating and $16.5000 target in Tuesday, August 8 report.

Comtech Telecommunications Corp. designs, develops, produces, and markets products, systems, and services for communications solutions. The company has market cap of $514.41 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 30.86 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: Businesswire.com which released: “Comtech Telecommunications Corp. Awarded Multi-Million Dollar Order from …” on January 29, 2018, also Businesswire.com with their article: “Comtech Telecommunications Corp. Receives $1.7 Million Contract for …” published on January 11, 2018, Businesswire.com published: “Comtech Telecommunications Corp. to Exhibit at Mobile World Congress 2018” on February 13, 2018. More interesting news about Comtech Telecommunications Corp. (NASDAQ:CMTL) were released by: Businesswire.com and their article: “Comtech Telecommunications Corp. To Participate In NobleCon14 – Noble Capital …” published on January 25, 2018 as well as Businesswire.com‘s news article titled: “Comtech Telecommunications Corp. Received $3.2 Million Order for Solid-State …” with publication date: January 10, 2018.

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