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NASDAQ:CMTL

Comtech Telecommunications (CMTL) Stock Price, News & Analysis

Comtech Telecommunications logo
$3.03 +0.10 (+3.41%)
(As of 11/20/2024 ET)

About Comtech Telecommunications Stock (NASDAQ:CMTL)

Key Stats

Today's Range
$2.86
$3.28
50-Day Range
$2.47
$4.81
52-Week Range
$1.53
$12.51
Volume
436,297 shs
Average Volume
994,390 shs
Market Capitalization
$87.47 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.38
Consensus Rating
Moderate Buy

Company Overview

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. This segment also provides over-the-horizon microwave troposcatter equipment that can transmit digitized voice, video, and data over distances up to 200 miles using the troposphere and diffraction, including the Comtech; and solid-state, RF microwave high-power amplifiers and control components designed for radar, electronic warfare, data link, medical and aviation applications, as well as engages in the procurement and supply chain management of electrical, electronic, and electromechanical parts for satellite, launch vehicle, and manned space applications. Its Terrestrial and Wireless Networks segment offers next generation 911 solutions, which includes emergency call routing, location validation, policy-based routing rules, logging, and security functionality; emergency services IP network transport infrastructure for emergency services communications and support; call handling applications for public safety answering points; wireless emergency alerts solutions for network operators; and software and equipment for location-based and text messaging services for various applications including for public safety, commercial, and government services. The company was founded in 1967 and is headquartered in Melville, New York.

Comtech Telecommunications Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
87th Percentile Overall Score

CMTL MarketRank™: 

Comtech Telecommunications scored higher than 87% of companies evaluated by MarketBeat, and ranked 158th out of 649 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Comtech Telecommunications has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Comtech Telecommunications has only been the subject of 1 research reports in the past 90 days.

  • Read more about Comtech Telecommunications' stock forecast and price target.
  • Earnings Growth

    Earnings for Comtech Telecommunications are expected to grow in the coming year, from ($0.17) to $0.15 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Comtech Telecommunications is -0.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Comtech Telecommunications is -0.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Comtech Telecommunications has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Comtech Telecommunications' valuation and earnings.
  • Percentage of Shares Shorted

    2.90% of the float of Comtech Telecommunications has been sold short.
  • Short Interest Ratio / Days to Cover

    Comtech Telecommunications has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Comtech Telecommunications has recently decreased by 30.04%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Comtech Telecommunications does not currently pay a dividend.

  • Dividend Growth

    Comtech Telecommunications does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Comtech Telecommunications will have a dividend payout ratio of 66.67% next year. This indicates that Comtech Telecommunications will be able to sustain or increase its dividend.

  • Read more about Comtech Telecommunications' dividend.
  • Percentage of Shares Shorted

    2.90% of the float of Comtech Telecommunications has been sold short.
  • Short Interest Ratio / Days to Cover

    Comtech Telecommunications has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Comtech Telecommunications has recently decreased by 30.04%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Comtech Telecommunications has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Comtech Telecommunications this week, compared to 2 articles on an average week.
  • Search Interest

    Only 18 people have searched for CMTL on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Comtech Telecommunications to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days.
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CMTL Stock News Headlines

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Comtech Telecommunications Board Restructure and Investor Agreement
Comtech in ‘amicable resolution’ with Porcelain/Kornberg/Timoshenko Group
See More Headlines

CMTL Stock Analysis - Frequently Asked Questions

Comtech Telecommunications' stock was trading at $8.43 at the beginning of 2024. Since then, CMTL shares have decreased by 64.1% and is now trading at $3.03.
View the best growth stocks for 2024 here
.

Comtech Telecommunications Corp. (NASDAQ:CMTL) posted its quarterly earnings data on Thursday, December, 9th. The communications equipment provider reported ($0.15) earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $0.07. The company's quarterly revenue was down 13.7% on a year-over-year basis.

Comtech Telecommunications subsidiaries include UHP Networks Inc., NG-911 Inc., Gilat Satellite Networks Ltd., CGC Technology Limited, GD NG-911, Solacom Technologies Inc., TeleCommunication Systems Inc., and others.

Comtech Telecommunications' top institutional investors include Needham Investment Management LLC (5.20%), Royce & Associates LP (3.43%), Invenomic Capital Management LP (2.53%) and TCW Group Inc. (2.52%). Insiders that own company stock include Mark R Quinlan, Michael Porcelain, Michael Bondi, Ken Allen Peterman, Yacov A Shamash, Lisa Lesavoy, Maria Hedden, Wendi B Carpenter and Donald E Walther.
View institutional ownership trends
.

Shares of CMTL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Comtech Telecommunications investors own include Marinus Pharmaceuticals (MRNS), Plug Power (PLUG), American Water Works (AWK), FuelCell Energy (FCEL), Waste Connections (WCN), Humana (HUM) and DiamondRock Hospitality (DRH).

Company Calendar

Last Earnings
12/09/2021
Today
11/21/2024
Next Earnings (Estimated)
12/05/2024
Fiscal Year End
7/31/2025

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:CMTL
CUSIP
20582620
Employees
1,676
Year Founded
1967

Price Target and Rating

Average Stock Price Target
$6.38
High Stock Price Target
$9.25
Low Stock Price Target
$3.50
Potential Upside/Downside
+110.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-99,990,000.00
Pretax Margin
-18.56%

Debt

Sales & Book Value

Annual Sales
$540.40 million
Cash Flow
$3.19 per share
Book Value
$10.75 per share

Miscellaneous

Free Float
28,088,000
Market Cap
$87.47 million
Optionable
Optionable
Beta
1.61

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This page (NASDAQ:CMTL) was last updated on 11/21/2024 by MarketBeat.com Staff
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