EPS for Comtech Telecomm. Corp. (CMTL) Expected At $0.29

September 17, 2017 - By Migdalia James

 EPS for Comtech Telecomm. Corp. (CMTL) Expected At $0.29
Investors sentiment increased to 1.2 in 2016 Q4. Its up 0.12, from 1.08 in 2016Q3. It is positive, as 22 investors sold Comtech Telecomm. Corp. shares while 29 reduced holdings. 24 funds opened positions while 37 raised stakes. 18.53 million shares or 2.31% more from 18.12 million shares in 2016Q3 were reported.
Bnp Paribas Arbitrage owns 8,379 shares. Ghp Inv Advsrs, a Colorado-based fund reported 10,375 shares. Invesco invested in 0% or 196,830 shares. Nine Chapters Ltd has 0.21% invested in Comtech Telecomm. Corp. (NASDAQ:CMTL) for 10,600 shares. New York State Teachers Retirement Sys accumulated 58,338 shares. Deutsche Bankshares Ag owns 108,358 shares. Huber Capital Mgmt Ltd Limited Liability Company, California-based fund reported 2.31 million shares. New York-based State Bank Of New York Mellon Corporation has invested 0% in Comtech Telecomm. Corp. (NASDAQ:CMTL). Capstone Asset Management owns 23,052 shares for 0.01% of their portfolio. California State Teachers Retirement Systems stated it has 46,515 shares. Moreover, Trexquant Inv L P has 0.07% invested in Comtech Telecomm. Corp. (NASDAQ:CMTL). Blackrock Advisors Ltd Llc reported 12,057 shares stake. Loews invested in 0% or 17,110 shares. Commercial Bank Of Montreal Can holds 123 shares. State Of Alaska Department Of Revenue invested 0% in Comtech Telecomm. Corp. (NASDAQ:CMTL).

Investors wait Comtech Telecomm. Corp. (NASDAQ:CMTL) to report on October, 5. its quarterly earnings Wall Street analysts expect $0.29 earnings per share, up $0.13 or 81.25 % from last year’s $0.16 same quarter earnings. This translates into $6.84 million profit for CMTL giving the stock a 17.48 P/E. This is assuming the current $0.29 EPS is accurate. Comtech Telecomm. Corp.’s Wall Street analysts see 123.08 % EPS growth, taking into account the $0.13 EPS reproted in the previous quarter, The stock decreased 0.88% or $0.18 on September 15, reaching $20.28. About 241,325 shares traded or 61.47% up from the average. Comtech Telecomm. Corp. (NASDAQ:CMTL) has declined 38.17% since September 17, 2016 and is downtrending. It has underperformed by 54.87% the S&P500.

Comtech Telecomm. 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 13 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Monday, August 10 by Zacks. The firm has “Buy” rating given on Wednesday, June 7 by BMO Capital Markets. On Friday, June 9 the stock rating was maintained by Noble Financial with “Buy”. On Tuesday, June 6 the stock rating was maintained by Jefferies with “Hold”. As per Monday, July 10, the company rating was maintained by Northland Capital. The firm earned “Neutral” rating on Wednesday, August 24 by Citigroup. The firm has “Neutral” rating by given on Monday, October 10. As per Friday, October 16, the company rating was downgraded by TheStreet. The stock of Comtech Telecomm. Corp. (NASDAQ:CMTL) earned “Hold” rating by Jefferies on Tuesday, August 2. BMO Capital Markets initiated it with “Outperform” rating and $19 target in Monday, June 20 report.

Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for communications solutions. The company has market cap of $478.00 million. The Firm operates through two divisions: Commercial Solutions and Government Solutions. It has a 40.39 P/E ratio. It offers communications solutions, including command and control technologies, safety and security technologies and enterprise technologies.

More notable recent Comtech Telecomm. Corp. (NASDAQ:CMTL) news were published by: Newsday.com which released: “Comtech Telecommunications wins tax breaks to stay on LI” on June 26, 2017, also Businesswire.com with their article: “Comtech Telecommunications Corp. Receives $1.5 Million Contract for …” published on September 05, 2017, Businesswire.com published: “Comtech Telecommunications Corp. to Exhibit at Mobile World Congress Americas 2017” on September 12, 2017. More interesting news about Comtech Telecomm. Corp. (NASDAQ:CMTL) were released by: Businesswire.com and their article: “Comtech Telecommunications Corp. Receives $1.9 Million Contract for Military …” published on August 08, 2017 as well as Businesswire.com‘s news article titled: “Comtech Telecommunications Corp. Develops Search and Rescue Real-Time Aircraft …” with publication date: September 11, 2017.

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