Analysts See $0.25 EPS for Comtech Telecommunications Corp. (CMTL)

September 16, 2018 - By Linda Rogers

Investors sentiment is 1.15 in Q2 2018. Its the same as in 2018Q1. It is the same, as 12 investors sold Comtech Telecommunications Corp. shares while 48 reduced holdings. only 23 funds opened positions while 46 raised stakes. 19.93 million shares or 1.25% less from 20.19 million shares in 2018Q1 were reported.
American Century Inc owns 17,662 shares or 0% of their US portfolio. Strs Ohio has 26,900 shares. Macquarie Gru Ltd has 1,727 shares. State Of Wisconsin Inv Board has invested 0.03% in Comtech Telecommunications Corp. (NASDAQ:CMTL). Blackrock owns 3.44 million shares. Convergence Invest Prtnrs Ltd Company holds 0.15% or 34,599 shares. State Board Of Administration Of Florida Retirement Systems holds 0% or 10,899 shares. Pub Sector Pension Board holds 14,971 shares. California Public Employees Retirement Sys reported 0.01% of its portfolio in Comtech Telecommunications Corp. (NASDAQ:CMTL). Jpmorgan Chase Co reported 0% in Comtech Telecommunications Corp. (NASDAQ:CMTL). Great West Life Assurance Co Can owns 29,426 shares. Gsa Cap Partners Limited Liability Partnership reported 18,687 shares. Foundry Prtn Limited Com has 130,211 shares. Sg Americas Secs Lc holds 3,544 shares. D E Shaw And accumulated 21,807 shares or 0% of the stock.

Since April 3, 2018, it had 0 insider purchases, and 3 selling transactions for $1.12 million activity. KORNBERG FRED sold $970,500 worth of stock.

Analysts expect Comtech Telecommunications Corp. (NASDAQ:CMTL) to report $0.25 EPS on September, 26.They anticipate $0.06 EPS change or 19.35 % from last quarter’s $0.31 EPS. CMTL’s profit would be $5.91 million giving it 33.22 P/E if the $0.25 EPS is correct. After having $0.34 EPS previously, Comtech Telecommunications Corp.’s analysts see -26.47 % EPS growth. The stock decreased 1.57% or $0.53 during the last trading session, reaching $33.22. About 106,360 shares traded. Comtech Telecommunications Corp. (NASDAQ:CMTL) has risen 61.11% since September 16, 2017 and is uptrending. It has outperformed by 45.49% the S&P500.

Comtech Telecommunications Corp. (NASDAQ:CMTL) Ratings Coverage

Among 3 analysts covering Comtech Telecomms (NASDAQ:CMTL), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Comtech Telecomms has $37 highest and $33 lowest target. $35.33’s average target is 6.35% above currents $33.22 stock price. Comtech Telecomms had 4 analyst reports since May 17, 2018 according to SRatingsIntel. The stock of Comtech Telecommunications Corp. (NASDAQ:CMTL) has “Outperform” rating given on Friday, June 8 by BMO Capital Markets. As per Friday, June 8, the company rating was maintained by Citigroup.

Comtech Telecommunications Corp. designs, develops, produces, and markets products, systems, and services for communications solutions. The company has market cap of $785.39 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 26.81 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.

Another recent and important Comtech Telecommunications Corp. (NASDAQ:CMTL) news was published by Tucson.com which published an article titled: “Comtech EF Data Announces New Durostream WAN Optimization Appliances with Packet Protection” on August 27, 2018.

Comtech Telecommunications Corp. (NASDAQ:CMTL) Institutional Positions Chart

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