CMVT -- Contrarian Alert!
Comverse Technology, Inc. (CMVT @$17.69) designs, develops, manufactures, markets and supports software, systems and related services for multimedia communication and information processing applications.
Market Cap (intraday): 3.57B Forward P/E (fye 31-Jan-07) 1: 16.08 PEG Ratio (5 yr expected): 0.95 Price/Sales (ttm): 3.73 Price/Book (mrq): 2.15 EBITDA (ttm): 15.068/Revenue (ttm):7.14 Qtrly Revenue Growth (yoy): 21.80% Qtrly Earnings Growth (yoy): 140.00% Total Cash Per Share (mrq): 11.51 Book Value Per Share (mrq): 9.592 52-Week High (03-Mar-06): 29.64 52-Week Low (15-Nov-06): 16.95
Insiders and institutional support:
CMVT is included in 10 market indices. One ETF and 10 mutual funds, each has CMVT as one of its top 10 holdings.
Approximately 500,000 insiders' shares opitons were awarded with exercise price at $24.00.
Capitulated volume: CMVT traded 58,280,220 shares on Nov. 15, vs. an avg. daily vol (3m): 3,750,520 shares.
Conclusion: Value + Insiders and institutional support + capitulated volume = Timely contrarian investment with favorable risk/reward potential.
pcyhuang |