Comtech Telecomm. (NASDAQ:CMTL) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of expects a loss for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.08). The company issued revenue guidance of slightly above $121.6 million, compared to the consensus revenue estimate of $126.06 million.Comtech Telecomm. also updated its FY18 guidance to $0.44-0.46 EPS.

Shares of Comtech Telecomm. (NASDAQ:CMTL) traded up $0.07 during mid-day trading on Wednesday, hitting $20.76. 163,600 shares of the company were exchanged, compared to its average volume of 242,219. The stock has a market cap of $488.64, a PE ratio of 60.85, a P/E/G ratio of 10.09 and a beta of 1.91. The company has a quick ratio of 1.25, a current ratio of 1.67 and a debt-to-equity ratio of 0.37. Comtech Telecomm. has a 12 month low of $9.65 and a 12 month high of $22.90.

Comtech Telecomm. (NASDAQ:CMTL) last announced its quarterly earnings results on Wednesday, December 6th. The communications equipment provider reported ($0.07) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.17) by $0.10. The company had revenue of $121.57 million for the quarter, compared to analysts’ expectations of $106.94 million. Comtech Telecomm. had a net margin of 2.88% and a return on equity of 1.70%. Comtech Telecomm.’s revenue was down 10.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.11) EPS. sell-side analysts anticipate that Comtech Telecomm. will post 0.41 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, November 17th. Investors of record on Wednesday, October 18th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date was Tuesday, October 17th. Comtech Telecomm.’s payout ratio is currently 59.70%.

A number of analysts recently commented on CMTL shares. Zacks Investment Research upgraded shares of Comtech Telecomm. from a hold rating to a buy rating and set a $22.00 price target on the stock in a research note on Wednesday, October 4th. Northland Securities reaffirmed a buy rating on shares of Comtech Telecomm. in a report on Friday, November 17th. BMO Capital Markets reaffirmed a buy rating and set a $21.00 target price on shares of Comtech Telecomm. in a report on Thursday, September 28th. Noble Financial reaffirmed a buy rating on shares of Comtech Telecomm. in a report on Friday, September 29th. Finally, BidaskClub raised shares of Comtech Telecomm. from a sell rating to a hold rating in a report on Monday, August 14th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. Comtech Telecomm. presently has a consensus rating of Hold and an average target price of $19.10.

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About Comtech Telecomm.

Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for communications solutions. The Company operates through two segments: Commercial Solutions and Government Solutions. It offers communications solutions, including command and control technologies, safety and security technologies and enterprise technologies.

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