$0.25 EPS Expected for Comtech Telecommunications Corp. (CMTL)

September 16, 2018 - By Megan Stone

Investors sentiment is 1.15 in Q2 2018. Its the same as in 2018Q1. It is without change, 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.
Cna Fin invested in 79,219 shares or 0.56% of the stock. Sei Invs holds 33,558 shares or 0% of its portfolio. Macquarie Gru Limited has invested 0% in Comtech Telecommunications Corp. (NASDAQ:CMTL). Laurion Cap Mgmt Lp invested in 0% or 14,183 shares. Ameriprise Inc holds 427,178 shares or 0.01% of its portfolio. Chicago Equity Prtnrs Ltd Company holds 131,735 shares. Acadian Asset stated it has 0.01% of its portfolio in Comtech Telecommunications Corp. (NASDAQ:CMTL). Pub Employees Retirement Sys Of Ohio stated it has 4,446 shares. Bluemountain Cap Management Ltd Liability Com has invested 0.01% in Comtech Telecommunications Corp. (NASDAQ:CMTL). Century Cos accumulated 17,662 shares. Robeco Institutional Asset Mngmt Bv holds 0.01% or 49,361 shares in its portfolio. Kbc Group Nv holds 0.01% or 48,570 shares. Royal Bank Of Canada reported 1,514 shares. Geode Limited owns 269,058 shares. Stone Ridge Asset Management Ltd Limited Liability Company holds 22,234 shares or 0.04% of its portfolio.

Since April 3, 2018, it had 0 insider buys, and 3 sales for $1.12 million activity. $49,689 worth of stock was sold by KANTOR EDWIN on Monday, June 11.

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 has “Outperform” rating by BMO Capital Markets on Friday, June 8. The firm earned “Neutral” rating on Friday, June 8 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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