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NASDAQ:CMTL

Comtech Telecommunications (CMTL) Stock Price, News & Analysis

$3.40
+0.25 (+7.94%)
(As of 07/26/2024 ET)
Today's Range
$3.13
$3.50
50-Day Range
$2.12
$4.07
52-Week Range
$1.53
$13.04
Volume
581,305 shs
Average Volume
1.33 million shs
Market Capitalization
$96.87 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.88

Comtech Telecommunications MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
219.9% Upside
$10.88 Price Target
Short Interest
Healthy
5.51% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.78
Upright™ Environmental Score
News Sentiment
0.29mentions of Comtech Telecommunications in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
337.50%
From $0.08 to $0.35 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.

4.33 out of 5 stars

Computer And Technology Sector

143rd out of 612 stocks

Radio & T.V. Communications Equipment Industry

4th out of 19 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

We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
See More Headlines
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Company Calendar

Last Earnings
6/18/2024
Today
7/26/2024
Fiscal Year End
7/31/2024
Next Earnings (Estimated)
10/10/2024

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
$10.88
High Stock Price Target
$18.25
Low Stock Price Target
$3.50
Potential Upside/Downside
+235.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-26,900,000.00
Pretax Margin
-2.18%

Debt

Sales & Book Value

Annual Sales
$549.99 million
Cash Flow
$2.16 per share
Book Value
$15.72 per share

Miscellaneous

Free Float
27,724,000
Market Cap
$92.31 million
Optionable
Optionable
Beta
1.59

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Key Executives

  • 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 CPA (Age 63)
    Treasurer & Assistant Corporate Secretary
    Comp: $387.7k
  • Mr. John Ratigan
    Interim Chief Executive Officer
  • Mr. Anirban Chakraborty
    Chief Technology Officer
  • Ms. Jennie Kerr
    Chief People Officer
  • Mr. Jeffrey Harig
    President of the Government Group of Comtech EF Data Corp.
  • Mr. Daniel Gizinski
    Chief Strategy Officer
  • Mr. Jon E. Opalski (Age 61)
    Divisional Chief Operating Officer

CMTL Stock Analysis - Frequently Asked Questions

How have CMTL shares performed this year?

Comtech Telecommunications' stock was trading at $8.43 at the start of the year. Since then, CMTL shares have decreased by 59.7% and is now trading at $3.40.
View the best growth stocks for 2024 here
.

How were Comtech Telecommunications' earnings last quarter?

Comtech Telecommunications Corp. (NASDAQ:CMTL) released its quarterly earnings results on Tuesday, June, 18th. The communications equipment provider reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.18. The communications equipment provider earned $128.08 million during the quarter, compared to analysts' expectations of $136.42 million. Comtech Telecommunications had a negative net margin of 2.26% and a positive trailing twelve-month return on equity of 3.70%.

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.

Does Comtech Telecommunications have any subsidiaries?

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.

Who are Comtech Telecommunications' major shareholders?

Top institutional shareholders of Comtech Telecommunications include Summit Securities Group LLC (0.09%). 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
.

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.

What other stocks do shareholders of Comtech Telecommunications own?

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

This page (NASDAQ:CMTL) was last updated on 7/26/2024 by MarketBeat.com Staff

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