This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
|Zacks Rank||Definition||Annualized Return|
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank
Top Performer for FridayMarch 27, 2009 | Comments : 0 Recommended this article: (0)
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at firstname.lastname@example.org or call 800-767-3771 ext. 9339.
Of course, the company is grappling with the economic environment, and sales declined 3.5% to $324.7 million from $336.4 million.
All things considered though, COMS is performing rather well under difficult conditions. The company was able to offset weaknesses in some geographies through a strong performance from its China business, record revenue in its TippingPoint segment and "stringent" cost management.
For this fiscal year, ending May 2009, earnings estimates have improved 12.5% over the past 7 days, which is the big reason for its Zacks #1 Rank. However, expectations for next fiscal year have declined a bit in the past week, so it's uncertain how long the positive business momentum will last.
But for now, shares of the company are up approximately 6.2% on Friday, which is enough to make COMS a top-performing Zacks #1 Rank.
COMS is 1 of 2 companies from the Computer-Networks industry on today's Zacks #1 Rank List, which includes 200 stocks. Network Equipment Technologies, Inc. (NWK) is the other company.
Please login to Zacks.com or register to post a comment.