With 0.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.6 million shares. The 52-week range on CMTL shows that it touched its highest point at $5.89 and its lowest point at $1.53 during that stretch. It currently has a 1-year price target of $5.50. Beta for the stock currently stands at 1.11.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CMTL was up-trending over the past week, with a rise of 5.21%, but this was down by -13.68% over a month. Three-month performance dropped to -41.62% while six-month performance fell -32.67%. The stock lost -66.72% in the past year, while it has lost -49.63% so far this year. A look at the trailing 12-month EPS for CMTL yields -9.90 with Next year EPS estimates of -0.90. For the next quarter, that number is -0.72. This implies an EPS growth rate of -31.70% for this year and 85.54% for next year.
Float and Shares Shorts:
At present, 43.93 million CMTL shares are outstanding with a float of 26.10 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CMTL since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.57032 being high and -$2.14968 being low. For CMTL, this leads to a yearly average estimate of -$1.36. Based on analyst estimates, the high estimate for the next quarter is -$0.31 and the low estimate is -$0.41. The average estimate for the next quarter is thus -$0.36.
