- Feltl & Co. has launched coverage on SuperCom (NASDAQ:SPCB) with a Strong Buy rating and $16 target a day after the company posted a Q4 miss.
- After initially seeing double-digit losses post-earnings, shares are now less than 3% below where they closed on Wednesday. They respectively trade for 4.1x and 12.5x 2014 sales and EPS; 2015 guidance (the subject of some debate) is for 40%+ revenue growth and EPS above $1.20.
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Update (3:20PM ET): SA author/SuperCom bull Dane Capital Management observes management has mentioned it's open to a buyback if shares remain at current levels, and that its 2015 guidance doesn't assume any contribution from potential 8/9-figure deals that are in the company's sales funnel. Shares are now up 6.1%.