Magicjack VocalTec (NASDAQ:CALL) Lifts Forecast for Fiscal Q4 and Full Year; Stock Hikes – CALL, VZ, T, CTL

Magicjack VocalTec Ltd (NASDAQ:CALL) reported higher forecasts for fiscal fourth quarter and full year 2012.

Israel based company projects to have over $0.70 a share of operating income in the fiscal fourth quarter. These forecasts hiked based on lower telecom outlays, higher receipts and a reduction in legal, advertising, media and other outlays.

The corporation had 19.3 million shares outstanding at finish of fiscal third quarter of 2012, and cash and investments of $34.3 million.

The Company has shattered share count by almost 500,000 stock and hiked cash and investments by $6 million since previous quarter.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Verizon Communications Inc. (NYSE:VZ) fell -1.33% to settle at $42.90, AT&T Inc. (NYSE:T) moved down -1.01% to end at $33.32 while CenturyLink, Inc. (NYSE:CTL) plunged -1.03% to finish at $38.56 on Friday.

magicJack VocalTec Ltd b(NASDAQ:CALL) last session’s volume of 1.42 million shares was higher than its average volume of 318,899.00 shares. The stock after opening at $17.50 hit high price of $18.50 and then closed at $17.95 by scoring +10.26%.

CALL generated revenue of $139.57 million in the previous twelve months and earned $22.92 million. The Company showed a positive 17.11% in the net profit margin as well as in its operating margin which remained at 10.54%. Company’s annual sales growth for the past five years was 72.27%.

The CALL’s past twelve months’ price to sales ratio was 2.45 and price to cash ratio remained 9.97. As far as the returns are concerned, CALL’s return on investment was recorded as +71.31% and its return on asset stayed at +21.44%.

The stock showed weekly upbeat performance of +5.16% which was maintained for the month at 4.06%. Likewise the negative performance for the quarter was recorded as -25.98% and for the year was +31.79% while the YTD performance remained at +31.41%.

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