Comtech Telecomm. Corp. (CMTL) Given the "buy" consensus rating by brokerage firms



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  Comtech Telecomm. logo "title =" Comtech Telecomm. logo "clbad =" companylogo "/> Comtech Telecomm Corp. (NASDAQ: CMTL) has received a consensual rating of" Buy "from the ten research companies that currently cover the stock, reports MarketBeat. Five of them have issued a purchase recommendation and two have issued a firm buy recommendation with regard to the company.The average goal of the brokers who have covered the stock during the last year is $ 33.83 </p>
<p> BidaskClub lowered Comtech Telecomm from a "strong-buy" rating to a "buy" rating in a research report on Thursday, July 26, 2009. The Comtech Telecomm's day from a "c +" On June 13, Zacks Investment Research pbaded Comtech Telecomm from a "hold" rating to a "strong-buy" rating and set a price target of $ 37.00 on the title in a research report on MB On June 11, Citigroup increased its price target on Comtech Telecomm from $ 33.00 to $ 34.00 and donated born in the company a note "hold" in a research report on Friday, June 8. Finally, BMO Capital Markets increased its price target on Comtech Telecomm. from $ 35.00 to $ 37.00 and gave the company an "outperformance" rating in a research report on Friday, June 8th. </p>
<p>  In other Comtech telecommunications companies. news, director Edwin Kantor sold 1,557 shares in a deal on Tuesday, June 12. The stock was sold at an average price of $ 31.91, for a total value of $ 49,683.87. As a result of the transaction, the director now holds directly 3,538 shares of the company, valued at approximately $ 112,897.58. The sale has been disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this link. 7.00% of the stock is currently held by insiders of the company. </p>
<p>  Large investors recently bought and sold shares in the company. Piedmont Investment Advisors LLC has acquired a new equity position in Comtech Telecomm. in the second quarter, $ 175,000. Campbell & CO Investment Adviser LLC has acquired a new equity position in Comtech Telecomm. in the second quarter, $ 215,000. Element Capital Management LLC has bought a new equity position in Comtech Telecomm. in the first quarter, $ 225,000. Robeco Institutional Asset Management BV bought a new position in shares of Comtech Telecomm. in the 1st quarter worth $ 246,000. Finally, Meeder Asset Management Inc. strengthened its position in Comtech Telecomm shares. 176.3% in the second quarter. Meeder Asset Management Inc. now holds 8,240 shares of the $ 263,000 communications equipment provider after purchasing an additional 5,258 shares in the last quarter. Institutional investors and hedge funds own 88.04% of the company's shares. </p>
<p> CMTL's shares rose from $ 0.69 Tuesday to mid-day to $ 33.72. 962 shares of the company were exchanged, compared to 109,865 on average. Comtech Telecomm. has its lowest of $ 17.11 in one year and its highest of $ 35.38 in one year. The stock has a market capitalization of $ 790.71 million, a price / earnings ratio of 98.91, a price / earnings ratio of 11.34 and a beta of 1.50. The company has a debt ratio of 0.33, a ratio of 1.72 and a ratio of 1.22. </p>
<p> Comtech Telecomm. (NASDAQ: CMTL) last published its quarterly results on Wednesday, June 6th. The communications equipment provider reported earnings per share of $ 0.34 for the quarter, outpacing the $ 0.22 consensus estimate from Zack by $ 0.12. Comtech Telecomm. had a return on equity of 3.21% and a net margin of 5.38%. The company achieved a turnover of $ 147.85 million during the quarter, compared with $ 145.37 million for badysts. During the same period last year, the company posted earnings per share of $ 0.19. Company revenues rose 15.7% from one year to the next. Share badysts are waiting for Comtech Telecomm. will display 0.59 earnings per share for the current fiscal year. </p>
<p> The company also recently unveiled a quarterly dividend to be paid on Friday, August 17. Shareholders of record on Monday, July 16 will receive a dividend of $ 0.10. The ex-dividend date is Friday, July 13th. This represents a dividend of $ 0.40 on an annualized basis and a return of 1.19%. The distribution ratio of Comtech Telecomm. Is 117.65%. </p>
<p> <strong> About Comtech Telecomm. </strong> </p>
<p> Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for communications solutions. The Company's Commercial Solutions segment provides terrestrial equipment, such as single-channel carrier modems and solid-state amplifiers that facilitate the transmission of voice, video and data, as well as wave amplifiers used to amplify signals from satellite earth stations; and security solutions and security technology that enable 911 C. </p>
<p> More reading: What is the book value of one hand? <br /><!--ViewCount:ArticleHistoryID=22162602&PostDate=2018-7-31&type=c&id=442310--><!--Keyword: Comtech Telecomm.,NASDAQ:CMTL,CMTL,Computer and Technology,20582620,Ratings,Consensus--><!--Ratings:4,6,NASDAQ:CMTL--></p>
<p style=  Analyst Recommendations for Comtech Telecomm. (NASDAQ: CMTL) "title =" Analyst Recommendations for Comtech Telecomm. (NASDAQ: CMTL) "/> </p>
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