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Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
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College athletes will need school approval for NIL deals under bill passed by Utah Legislature
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
California authorizes expansion of Waymo's driverless car services to LA, SF peninsula
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
College athletes will need school approval for NIL deals under bill passed by Utah Legislature
NASDAQ:CMTL

Comtech Telecommunications (CMTL) Stock Price, News & Analysis

$6.60
-0.16 (-2.37%)
(As of 03/1/2024 ET)
Today's Range
$6.51
$6.73
50-Day Range
$5.92
$8.61
52-Week Range
$5.77
$16.58
Volume
139,481 shs
Average Volume
259,414 shs
Market Capitalization
$187.97 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.25

Comtech Telecommunications MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
85.6% Upside
$12.25 Price Target
Short Interest
Healthy
3.55% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.85
Upright™ Environmental Score
News Sentiment
0.43mentions of Comtech Telecommunications in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
36.78%
From $0.87 to $1.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.58 out of 5 stars

Computer And Technology Sector

46th out of 595 stocks

Radio & T.V. Communications Equipment Industry

2nd out of 22 stocks

CMTL stock logo

About Comtech Telecommunications Stock (NASDAQ:CMTL)

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.

CMTL Stock Price History

CMTL Stock News Headlines

Comtech Telecommunications Corp. (CC6.F)
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Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Comtech Telecommunications Corp CMTL
Q1 2024 Comtech Telecommunications Corp Earnings Call
What Wall Street expects from Comtech Telecommunications's earnings
Should Value Investors Buy Aviat Networks (AVNW) Stock?
See More Headlines
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Company Calendar

Last Earnings
12/07/2023
Today
3/02/2024
Next Earnings (Estimated)
3/14/2024
Fiscal Year End
7/31/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:CMTL
CUSIP
20582620
Employees
1,718
Year Founded
1967

Price Target and Rating

Average Stock Price Target
$12.25
High Stock Price Target
$18.25
Low Stock Price Target
$7.50
Potential Upside/Downside
+85.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-26,900,000.00
Pretax Margin
-3.84%

Debt

Sales & Book Value

Annual Sales
$549.99 million
Cash Flow
$1.99 per share
Book Value
$15.72 per share

Miscellaneous

Free Float
27,710,000
Market Cap
$187.97 million
Optionable
Optionable
Beta
1.51

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Key Executives

  • Mr. Ken A. Peterman (Age 67)
    Chairman, President & CEO
    Comp: $1.71M
  • Mr. Michael A. Bondi (Age 51)
    Chief Financial Officer
    Comp: $406.99k
  • Ms. Maria Hedden (Age 55)
    Chief Operating Officer
    Comp: $528.02k
  • Mr. Donald E. Walther (Age 56)
    Chief Legal Officer & Corporate Secretary
    Comp: $776.66k
  • Ms. Nancy M. Stallone (Age 64)
    Treasurer & Assistant Corporate Secretary
    Comp: $387.7k
  • Mr. Anirban Chakraborty
    Chief Technology Officer
  • Mr. Brian Duggan (Age 82)
    Vice President of International Marketing
  • Mr. John Ratigan
    Chief Corporate Development Officer
  • Ms. Jennie Kerr
    Chief People Officer
  • Mr. Jeffrey Harig
    President of the Government Group of Comtech EF Data Corp.














CMTL Stock Analysis - Frequently Asked Questions

Should I buy or sell Comtech Telecommunications stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comtech Telecommunications in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CMTL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMTL, but not buy additional shares or sell existing shares.
View CMTL analyst ratings
or view top-rated stocks.

What is Comtech Telecommunications' stock price target for 2024?

2 analysts have issued twelve-month target prices for Comtech Telecommunications' shares. Their CMTL share price targets range from $7.50 to $18.25. On average, they anticipate the company's stock price to reach $12.25 in the next year. This suggests a possible upside of 85.6% from the stock's current price.
View analysts price targets for CMTL
or view top-rated stocks among Wall Street analysts.

How have CMTL shares performed in 2024?

Comtech Telecommunications' stock was trading at $8.43 at the start of the year. Since then, CMTL shares have decreased by 21.7% and is now trading at $6.60.
View the best growth stocks for 2024 here
.

Are investors shorting Comtech Telecommunications?

Comtech Telecommunications saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 1,010,000 shares, an increase of 23.9% from the January 31st total of 815,300 shares. Based on an average daily trading volume, of 373,600 shares, the short-interest ratio is presently 2.7 days.
View Comtech Telecommunications' Short Interest
.

When is Comtech Telecommunications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our CMTL earnings forecast
.

How were Comtech Telecommunications' earnings last quarter?

Comtech Telecommunications Corp. (NASDAQ:CMTL) announced its quarterly earnings data on Thursday, December, 7th. The communications equipment provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by $0.02. The communications equipment provider earned $151.91 million during the quarter, compared to analysts' expectations of $151.87 million.

What ETFs hold Comtech Telecommunications' stock?

ETFs with the largest weight of Comtech Telecommunications (NASDAQ:CMTL) stock in their portfolio include Procure Space ETF (UFO).SPDR S&P Telecom ETF (XTL).

What guidance has Comtech Telecommunications issued on next quarter's earnings?

Comtech Telecommunications issued an update on its second quarter 2024 earnings guidance on Monday, December, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $153.4 million-$156.5 million, compared to the consensus revenue estimate of $152.6 million.

What is Fred V. Kornberg's approval rating as Comtech Telecommunications' CEO?

24 employees have rated Comtech Telecommunications Chief Executive Officer Fred V. Kornberg on Glassdoor.com. Fred V. Kornberg has an approval rating of 47% among the company's employees. This puts Fred V. Kornberg in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Comtech Telecommunications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Comtech Telecommunications investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Cisco Systems (CSCO), Gilat Satellite Networks (GILT), Intel (INTC), Marvell Technology (MRVL), Verizon Communications (VZ), Walt Disney (DIS), Block (SQ) and Gilead Sciences (GILD).

Who are Comtech Telecommunications' major shareholders?

Comtech Telecommunications' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.08%), Dimensional Fund Advisors LP (4.80%), Balyasny Asset Management L.P. (3.19%), Freshford Capital Management LLC (2.74%), Charles Schwab Investment Management Inc. (1.83%) and First Eagle Investment Management LLC (1.79%). Insiders that own company stock include Donald E Walther, Ken Allen Peterman, Lisa Lesavoy, Maria Hedden, Mark R Quinlan, Michael Bondi, Michael Porcelain, Wendi B Carpenter and Yacov A Shamash.
View institutional ownership trends
.

How do I buy shares of Comtech Telecommunications?

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.

Does Comtech Telecommunications have any subsidiaries?
The following companies are subsidiares of Comtech Telecommunications: Beijing Comtech EF Data Equipment Repair Service Co. Ltd., CGC Technology Limited, CGC Technology Limited, CPI International, Comtech AeroAstro Inc., Comtech EF Data Pte. Ltd., Comtech EFData, Comtech Mobile Datacom Corporation, Comtech NextGen LLC, Comtech PST Corp., Comtech Satellite Network Technologies Inc., Comtech Solacom Technologies Inc., Comtech Systems Inc., Comtech Tactical Europe LLC, Comtech Technologies Inc., Comtech Technologies LLC, Comtech Tolt Technologies, Comtech UK Holdings Limited, DigiCast Networks, GD NG-911, Gilat Satellite Networks Ltd., Insite Consulting, Memotec Inc., NG-911 Inc., NG-911 Inc., NextGen Communications Inc., RF Microwave Amplifier Business, Radyne, Sheet Metal Precision Limited, Solacom Technologies (US) Inc., Solacom Technologies Inc., Stampede Technologies, TeleCommunication Systems Inc., TeleCommunication Systems Inc., UHP Networks Inc., Xicom Technology Europe Ltd., microDATA GIS, microDATA GIS Inc., and microDATA LLC.
Read More
This page (NASDAQ:CMTL) was last updated on 3/2/2024 by MarketBeat.com Staff

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