Communications Systems, Inc. (NASDAQ:JCS) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokers have set a twelve-month consensus price objective of $5.00 for the company and are expecting that the company will post ($0.06) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Communications Systems an industry rank of 99 out of 256 based on the ratings given to its competitors.

A number of research firms have issued reports on JCS. Northland Securities set a $5.00 target price on shares of Communications Systems and gave the stock a “buy” rating in a research report on Tuesday, May 14th. ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd.

An institutional investor recently bought a new position in Communications Systems stock. Bremer Bank National Association bought a new position in Communications Systems, Inc. (NASDAQ:JCS) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,150 shares of the communications equipment provider’s stock, valued at approximately $46,000. Bremer Bank National Association owned approximately 0.17% of Communications Systems as of its most recent SEC filing. 26.33% of the stock is owned by institutional investors.

Shares of NASDAQ:JCS traded down $0.01 during mid-day trading on Friday, hitting $3.01. The stock had a trading volume of 1,435 shares, compared to its average volume of 6,921. The company has a current ratio of 4.22, a quick ratio of 2.64 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $28.60 million, a P/E ratio of -4.24 and a beta of 0.90. Communications Systems has a 12-month low of $2.03 and a 12-month high of $3.88. The firm’s 50 day simple moving average is $2.95.

Communications Systems (NASDAQ:JCS) last issued its quarterly earnings results on Monday, May 6th. The communications equipment provider reported $0.03 EPS for the quarter. Communications Systems had a negative net margin of 7.14% and a negative return on equity of 10.14%. The business had revenue of $16.72 million during the quarter. As a group, equities research analysts anticipate that Communications Systems will post 0.02 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Friday, June 14th were given a $0.02 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.08 dividend on an annualized basis and a yield of 2.66%. Communications Systems’s payout ratio is -11.27%.

Communications Systems Company Profile

Communications Systems, Inc, through its subsidiaries, manufactures and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally. The company's Transition Networks segment designs, assembles, and markets media converters, NIDs, network interface cards, Ethernet switches, small form factor pluggable modules, and other connectivity products under the Transition Networks brand name.

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