Comtech Telecommunications (CMTL) Given Daily Media Impact Score of 0.21

Media headlines about Comtech Telecommunications (NASDAQ:CMTL) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Comtech Telecommunications earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media coverage about the communications equipment provider an impact score of 46.9974506088396 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

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Shares of NASDAQ:CMTL opened at $29.71 on Friday. Comtech Telecommunications has a one year low of $13.11 and a one year high of $31.40. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.82 and a quick ratio of 1.29. The stock has a market capitalization of $721.12, a PE ratio of 87.38, a price-to-earnings-growth ratio of 11.20 and a beta of 1.49.

Comtech Telecommunications (NASDAQ:CMTL) last announced its earnings results on Wednesday, March 7th. The communications equipment provider reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.15. Comtech Telecommunications had a net margin of 4.87% and a return on equity of 2.20%. The business had revenue of $133.70 million during the quarter, compared to analysts’ expectations of $124.65 million. During the same period in the prior year, the company earned $0.01 earnings per share. The business’s revenue was down 3.8% compared to the same quarter last year. sell-side analysts predict that Comtech Telecommunications will post 0.55 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 18th. Stockholders of record on Wednesday, April 18th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, April 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.35%. Comtech Telecommunications’s payout ratio is 117.65%.

Several equities analysts have issued reports on the stock. BidaskClub upgraded shares of Comtech Telecommunications from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research raised shares of Comtech Telecommunications from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a report on Tuesday, March 13th. Jefferies Group reaffirmed a “hold” rating on shares of Comtech Telecommunications in a report on Thursday, March 15th. BMO Capital Markets upped their target price on shares of Comtech Telecommunications to $35.00 and gave the company an “outperform” rating in a report on Friday, March 9th. Finally, Northland Securities set a $26.00 target price on shares of Comtech Telecommunications and gave the company a “buy” rating in a report on Sunday, December 10th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $25.10.

In related news, insider Richard L. Burt sold 82,700 shares of the stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $30.46, for a total transaction of $2,519,042.00. Following the completion of the transaction, the insider now directly owns 178,315 shares of the company’s stock, valued at $5,431,474.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Edwin Kantor sold 3,318 shares of the stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $30.49, for a total transaction of $101,165.82. Following the transaction, the director now directly owns 4,057 shares of the company’s stock, valued at $123,697.93. The disclosure for this sale can be found here. 7.00% of the stock is currently owned by corporate insiders.

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About Comtech Telecommunications

Comtech Telecommunications Corp. designs, develops, produces, and markets products, systems, and services for communications solutions. The company's Commercial Solutions segment provides ground-based 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.

Insider Buying and Selling by Quarter for Comtech Telecommunications (NASDAQ:CMTL)

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