#4 - Comtech (NASDAQ:CMTL)
Comtech (NASDAQ: CMTL) – The steel and aluminum industries aren’t the only projected winners from the Trump tariffs. U.S. businesses in the communications technology sector are poised to benefit, particularly those companies that operate as defense contractors.Comtech is a good example of that. The company, which designs and develops innovative products for advanced communication solutions, reported record earnings growth of 232.4 percent for the current year, and they recently announced $32.5 million in new orders from the U.S. Army PM Tactical Network. This is on the heels of the announcement that their Enterprise Solutions group was awarded multi-year contracts totaling $19.5 million with a global telecom partner for services and applications related to its virtual short messaging service center. In its most recent earnings report, Comtech announced net sales of $147.9 million with $14 million in operating income and GAAP net income of $8.2 million or $0.34 per diluted share. The company is maintaining its revenue target of $570-$585 million.
About Comtech Telecommunications
Comtech Telecommunications Corp., together with its subsidiaries, engages in the provision of next-gen telecommunication solutions in the United States and internationally. The company's Satellite and Space Communications segment offers satellite ground station technologies, services and system integration that facilitates the transmission of voice, video, and data over GEO, MEO and LEO satellite constellations, including solid-state and traveling wave tube power amplifiers, modems, VSAT platforms, and frequency converters; and satellite communications and tracking antenna systems, including high precision full motion fixed and mobile X/Y tracking antennas, RF feeds, reflectors, and radomes.
Read More - Current Price
- $3.16
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 1 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $6.38 (101.7% Upside)
