Did they just beat EPS? Comtech Telecommunications (NASDAQ:CMTL)

Earnings results for Comtech Telecommunications (NASDAQ:CMTL)

Comtech Telecommunications last issued its quarterly earnings results on March 10th, 2021. The communications equipment provider reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.11. The company had revenue of $161.30 million for the quarter, compared to the consensus estimate of $138.10 million. Its quarterly revenue was down .2% compared to the same quarter last year. Comtech Telecommunications has generated $0.77 earnings per share over the last year. Comtech Telecommunications has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, June 2nd, 2021 based off prior year’s report dates.

Analyst Opinion on Comtech Telecommunications (NASDAQ:CMTL)

3 Wall Street analysts have issued ratings and price targets for Comtech Telecommunications in the last 12 months. Their average twelve-month price target is $33.67, predicting that the stock has a possible upside of 41.16%. The high price target for CMTL is $43.00 and the low price target for CMTL is $27.00. There are currently 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Comtech Telecommunications has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $33.67, Comtech Telecommunications has a forecasted upside of 41.2% from its current price of $23.85. Comtech Telecommunications has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Comtech Telecommunications (NASDAQ:CMTL)

Comtech Telecommunications pays a meaningful dividend of 1.58%, higher than the bottom 25% of all stocks that pay dividends. Comtech Telecommunications has only been increasing its dividend for 1 years. The dividend payout ratio of Comtech Telecommunications is 51.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Comtech Telecommunications will have a dividend payout ratio of 35.09% next year. This indicates that Comtech Telecommunications will be able to sustain or increase its dividend.

Insiders buying/selling: Comtech Telecommunications (NASDAQ:CMTL)

In the past three months, Comtech Telecommunications insiders have not sold or bought any company stock. Only 5.80% of the stock of Comtech Telecommunications is held by insiders. 78.92% of the stock of Comtech Telecommunications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Comtech Telecommunications (NASDAQ:CMTL

Earnings for Comtech Telecommunications are expected to grow by 14.00% in the coming year, from $1.00 to $1.14 per share. The P/E ratio of Comtech Telecommunications is -7.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Comtech Telecommunications is -7.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Comtech Telecommunications has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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