About Comtech Telecommunications Corp.
Comtech Telecommunications Corp. designs, develops, produces and markets products, systems and services for communications solutions. The Company operates through two segments: Commercial Solutions and Government Solutions. It offers communications solutions, including command and control technologies, safety and security technologies and enterprise technologies. Its Commercial Solutions segment provides satellite communications (such as satellite earth station modems and traveling wave tube amplifiers), public safety systems (such as next generation 911 technologies) and enterprise application technologies (such as messaging and trusted location-based technologies). The Government Solutions segment includes command and control technologies, troposcatter technologies, and radio frequency power and switching technologies. It serves system and network suppliers in the global satellite, defense, broadcast and aerospace industries, and the United States federal government, among others.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Communication Equipment
- Sub-Industry: Communications Equipment
- Exchange: NASDAQ
- Symbol: CMTL
- CUSIP: 20582620
- Previous Close: $11.52
- 50 Day Moving Average: $11.13
- 200 Day Moving Average: $11.70
- 52-Week Range: $23,525,000.00 - $9.52
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 23.04
- P/E Growth: 2.28
- Market Cap: $271.01M
- Outstanding Shares: 23,525,000
- Beta: 1.87
- Net Margins: -2.42%
- Return on Equity: 0.32%
- Return on Assets: 0.17%
Companies Related to Comtech Telecommunications Corp.:
- Debt-to-Equity Ratio: 0.52%
- Current Ratio: 1.65%
- Quick Ratio: 1.22%
What is Comtech Telecommunications Corp.'s stock symbol?
Comtech Telecommunications Corp. trades on the NASDAQ under the ticker symbol "CMTL."
How often does Comtech Telecommunications Corp. pay dividends? What is the dividend yield for Comtech Telecommunications Corp.?
Comtech Telecommunications Corp. declared a quarterly dividend on Wednesday, December 7th. 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 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date of this dividend is Friday, January 13th.
Where is Comtech Telecommunications Corp.'s stock going? Where will Comtech Telecommunications Corp.'s stock price be in 2017?
6 brokers have issued 1-year price objectives for Comtech Telecommunications Corp.'s stock. Their predictions range from $11.75 to $20.00. On average, they expect Comtech Telecommunications Corp.'s share price to reach $16.46 in the next year.
When will Comtech Telecommunications Corp. announce their earnings?
Comtech Telecommunications Corp. is scheduled to release their next quarterly earnings announcement on Wednesday, March, 8th 2017.
What are analysts saying about Comtech Telecommunications Corp. stock?
Here are some recent quotes from research analysts about Comtech Telecommunications Corp. stock:
According to Zacks Investment Research, "Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company believes many of its solutions play a vital role in providing or enhancing communication capabilities when terrestrial communications infrastructure is unavailable or ineffective. The Company conducts business through three complementary segments: telecommunications transmission, mobile data communications and RF microwave amplifiers. The Company sells products to a diverse customer base in the global commercial and government communications markets. The Company believes it is a market leader in the market segments that it serves. " (2/16/2017)
Ladenburg Thalmann Financial Services analysts commented, "The company has multiple opportunities for faster growth. Many of CMTL's lines of business have an opportunity to realize accelerated revenue growth. The company's wireless back-haul solutions should benefit from the roughly 100 high-throughput satellites being launched over the next decade," analyst Glenn Mattson wrote in a note.Related Link: Comtech Telecommunications Granted $45 Million Contract To Provide Statewide ESInetMattson noted that the Troposcatter satellite systems are poised to benefit from multiple deployment opportunities, including a possible larger follow-on order from the U.S. Army.The NG 9-1-1 market is experiencing solid growth with the ESInet software market poised to grow 33 percent over the next four years, according to the research firm Frost and Sullivan.However, Mattson said "unjustly excessive balance sheet concerns are weighing on the stock."Facts And FiguresAs of the third quarter 2016 results, the company had $272 million in net debt and raised $94 million in June 2016. The analyst forecast about $80 million will be used to immediately pay down debt. The company has committed to continue paying its $1.20 dividend in F2017.Mattson expects 2016 EPS of ($0.80) on revenue of $425 million and 2017 EPS of $0.41 on revenue of $644 million."We forecast EBITDA to rise to $69 million in F2017, up from $44 million in F2016. That said, CMTL will come close to tripping its debt covenant in 3Q:F17 should our forecast (which is conservatively below management's guidance) play out," Mattson highlighted."While this scenario presents little room for error, we think the company has ample levers to pull, such as reducing working capital to ensure that no covenants are breached. We think as investors get better clarity on this issue, the stock's deep valuation discount will reverse," (7/22/2016)
Who owns Comtech Telecommunications Corp. stock?
Comtech Telecommunications Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.24%), Royce & Associates LP (5.47%), State Street Corp (2.30%), Guggenheim Capital LLC (1.27%), Renaissance Technologies LLC (1.06%) and Two Sigma Investments LP (0.96%). Company insiders that own Comtech Telecommunications Corp. stock include Edwin Kantor, Robert L Mccollum and Stanton D Sloane.
Who sold Comtech Telecommunications Corp. stock? Who is selling Comtech Telecommunications Corp. stock?
Comtech Telecommunications Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Sentinel Trust Co. LBA, Thrivent Financial for Lutherans, Two Sigma Investments LP, Group One Trading L.P., AQR Capital Management LLC and Barrow Hanley Mewhinney & Strauss LLC.
Who bought Comtech Telecommunications Corp. stock? Who is buying Comtech Telecommunications Corp. stock?
Comtech Telecommunications Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Guggenheim Capital LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd., FMR LLC, State Street Corp, Trexquant Investment LP and Loews Corp.
How do I buy Comtech Telecommunications Corp. stock?
Shares of Comtech Telecommunications Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Comtech Telecommunications Corp. stock cost?
One share of Comtech Telecommunications Corp. stock can currently be purchased for approximately $11.52.