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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Laser breakthrough could send stock soaring 2,467% (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
WARNING TO ALL U.S. INVESTORS (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Laser breakthrough could send stock soaring 2,467% (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
WARNING TO ALL U.S. INVESTORS (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Laser breakthrough could send stock soaring 2,467% (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
WARNING TO ALL U.S. INVESTORS (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
NASDAQ:CMTL

Comtech Telecommunications (CMTL) Stock Forecast, Price & News

$11.94
+0.15 (+1.27%)
(As of 05/26/2023 08:46 PM ET)
Compare
Today's Range
$11.74
$12.07
50-Day Range
$10.18
$12.57
52-Week Range
$8.42
$16.87
Volume
118,600 shs
Average Volume
130,469 shs
Market Capitalization
$332.65 million
P/E Ratio
N/A
Dividend Yield
3.35%
Price Target
$12.17

Comtech Telecommunications MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
1.9% Upside
$12.17 Price Target
Short Interest
Healthy
1.50% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.94
Upright™ Environmental Score
News Sentiment
0.44mentions of Comtech Telecommunications in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$17,965 Bought Last Quarter
Proj. Earnings Growth
100.00%
From $0.38 to $0.76 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars

Computer And Technology Sector

294th out of 618 stocks

Radio & T.V. Communications Equipment Industry

14th out of 24 stocks


CMTL stock logo

About Comtech Telecommunications (NASDAQ:CMTL) Stock

Comtech Telecommunications Corp. engages in the provision of emergency systems and wireless and satellite communications. It operates through Satellite and Space Communication and Terrestrial and Wireless Networks segments. The Satellite and Space Communication segment offers satellite ground station technologies, services and system integration that facilitate 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. The Terrestrial and Wireless Networks segment provides SMS Text to 911 services, providing alternate paths for individuals who need to request assistance (via text messaging) method to reach Public Safety Answering Points. The company was founded in 1967 and is headquartered in Melville, NY.

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CMTL Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Comtech Telecommunications (CMTL) Receives a Buy from Noble Financial
Comtech Telecommunications earnings: here's what Wall Street expects
Q2 2023 Comtech Telecommunications Corp Earnings Call
Comtech Welcomes Sirqul as New EVOKE Technology Partner
CMTL.DF - | Stock Price & Latest News | Reuters
See More Headlines
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CMTL Company Calendar

Last Earnings
3/09/2023
Today
5/29/2023
Next Earnings (Estimated)
6/08/2023
Fiscal Year End
7/31/2023

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:CMTL
CUSIP
20582620
Employees
1,993
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$12.17
High Stock Price Forecast
$14.50
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+1.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-33,050,000.00
Pretax Margin
-4.01%

Debt

Sales & Book Value

Annual Sales
$486.24 million
Cash Flow
$1.71 per share
Book Value
$16.96 per share

Miscellaneous

Free Float
26,638,000
Market Cap
$332.65 million
Optionable
Optionable
Beta
1.77

Social Links


Key Executives

  • Ken A. Peterman
    Chairman, President & Chief Executive Officer
  • Maria Hedden
    Chief Operating Officer
  • Michael A. Bondi
    Chief Financial Officer
  • Marcus Alston
    Chief Trade Compliance Officer
  • Maria Ceriello
    Director-Financial Operations













CMTL Stock - Frequently Asked Questions

Should I buy or sell Comtech Telecommunications stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comtech Telecommunications in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 forecast for 2023?

3 Wall Street analysts have issued 12-month price targets for Comtech Telecommunications' shares. Their CMTL share price forecasts range from $10.00 to $14.50. On average, they expect the company's stock price to reach $12.17 in the next twelve months. This suggests a possible upside of 1.9% 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 2023?

Comtech Telecommunications' stock was trading at $12.14 at the start of the year. Since then, CMTL shares have decreased by 1.6% and is now trading at $11.94.
View the best growth stocks for 2023 here
.

Are investors shorting Comtech Telecommunications?

Comtech Telecommunications saw a increase in short interest in May. As of May 15th, there was short interest totaling 381,100 shares, an increase of 9.9% from the April 30th total of 346,900 shares. Based on an average daily volume of 118,400 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.5% of the company's stock are short sold.
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, June 8th 2023.
View our CMTL earnings forecast
.

How were Comtech Telecommunications' earnings last quarter?

Comtech Telecommunications Corp. (NASDAQ:CMTL) released its quarterly earnings data on Thursday, March, 9th. The communications equipment provider reported ($0.23) earnings per share for the quarter. The communications equipment provider had revenue of $133.73 million for the quarter, compared to analysts' expectations of $132.95 million. Comtech Telecommunications had a negative net margin of 4.10% and a positive trailing twelve-month return on equity of 1.13%.

How often does Comtech Telecommunications pay dividends? What is the dividend yield for Comtech Telecommunications?

Comtech Telecommunications declared a quarterly dividend on Thursday, December 8th. Shareholders of record on Wednesday, January 18th will be given a dividend of $0.10 per share on Friday, February 17th. This represents a $0.40 annualized dividend and a dividend yield of 3.35%. The ex-dividend date is Tuesday, January 17th.
Read our dividend analysis for CMTL
.

Is Comtech Telecommunications a good dividend stock?

Comtech Telecommunications (NASDAQ:CMTL) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.35%.
Read our dividend analysis for CMTL.

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

Comtech Telecommunications updated its third quarter 2023 earnings guidance on Thursday, March, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $135.06 million-$137.74 million, compared to the consensus revenue estimate of $132.72 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).

What is Comtech Telecommunications' stock symbol?

Comtech Telecommunications trades on the NASDAQ under the ticker symbol "CMTL."

Who are Comtech Telecommunications' major shareholders?

Comtech Telecommunications' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.67%), Dimensional Fund Advisors LP (5.94%), State Street Corp (3.67%), Royce & Associates LP (3.59%), JPMorgan Chase & Co. (3.19%) and Geode Capital Management LLC (1.88%). Insiders that own company stock include Ken Allen Peterman, Lisa Lesavoy, Maria Hedden, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Comtech Telecommunications' stock price today?

One share of CMTL stock can currently be purchased for approximately $11.94.

How much money does Comtech Telecommunications make?

Comtech Telecommunications (NASDAQ:CMTL) has a market capitalization of $332.65 million and generates $486.24 million in revenue each year. The communications equipment provider earns $-33,050,000.00 in net income (profit) each year or ($1.01) on an earnings per share basis.

How many employees does Comtech Telecommunications have?

The company employs 1,993 workers across the globe.

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.
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How can I contact Comtech Telecommunications?

Comtech Telecommunications' mailing address is 68 South Service Road Suite 230, Melville NY, 11747. The official website for the company is www.comtechtel.com. The communications equipment provider can be reached via phone at (631) 962-7000 or via fax at 631-962-7001.

This page (NASDAQ:CMTL) was last updated on 5/29/2023 by MarketBeat.com Staff

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