NASDAQ:CMTL

Comtech Telecommunications - CMTL Stock Forecast, Price & News

$12.24

-0.43 (-3.39%)

(As of 12/6/2022 12:00 AM ET)

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Today's Range: $12.07
▼
$12.67
50-Day Range: $8.99
▼
$12.67
52-Week Range: $8.42
▼
$26.09

Volume: 130,616 shs
Average Volume: 144,486 shs
Market Capitalization: $339.97 million

P/E Ratio: N/A
Dividend Yield: 3.16%
Price Target: $12.00

Comtech Telecommunications MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 2.0% Downside
$12.00 Price Target
Short Interest: Healthy
1.88% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.23
Upright™ Environmental Score
News Sentiment: 0.40
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.22) to $0.20 Per Share

Overall MarketRank^™

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

1.86 out of 5 stars

Computer And Technology Sector

463rd out of 627 stocks

Radio & T.V. Communications Equipment Industry

21st out of 25 stocks

1.2

Analyst's Opinion

Consensus Rating
Comtech Telecommunications has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.00, Comtech Telecommunications has a forecasted downside of 2.0% from its current price of $12.24.
Amount of Analyst Coverage
Comtech Telecommunications has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.88% of the outstanding shares of Comtech Telecommunications have been sold short.
Short Interest Ratio / Days to Cover
Comtech Telecommunications has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Comtech Telecommunications has recently decreased by 27.02%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Comtech Telecommunications pays a meaningful dividend of 3.16%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Comtech Telecommunications does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Comtech Telecommunications will have a dividend payout ratio of 200.00% in the coming year. This indicates that Comtech Telecommunications may not be able to sustain their current dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Comtech Telecommunications has received a 31.61% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Digital transmission test equipment", "Network gateways", and "Modems" products. See details.
Environmental Sustainability
The Environmental Impact score for Comtech Telecommunications is -1.23.

3.0

News and Social Media Coverage

News Sentiment
Comtech Telecommunications has a news sentiment score of 0.40. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Comtech Telecommunications this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for CMTL on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added Comtech Telecommunications to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Comtech Telecommunications insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.40% of the stock of Comtech Telecommunications is held by insiders.
Percentage Held by Institutions
74.80% of the stock of Comtech Telecommunications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Comtech Telecommunications are expected to grow in the coming year, from ($0.22) to $0.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Comtech Telecommunications is -7.46, 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 -7.46, 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 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Comtech Telecommunications (NASDAQ:CMTL) Stock

Comtech Telecommunications Corp., together with its subsidiaries, designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally. It operates in two segments, Commercial Solutions and Government Solutions. The Commercial Solutions segment offers satellite ground station technologies, including single channel per carrier and time division multiple access modems, amplifiers, frequency converters, and network software to modulate, demodulate, and amplify signals, as well as to carry voice, video, and/or data over networks; and public safety and location technologies, such as 911 call handling and mapping solutions that allow cellular carriers and voice over the Internet carriers to deliver emergency calls to public safety emergency call centers. The Government Solutions segment provides tactical satellite-based networks, such as satellite modems, ruggedized routers, and solid-state drives; sustainment services for the secret Internet Protocol router and non-classified Internet Protocol router access point; and small aperture terminals. This segment also offers high-performance transmission technologies that are used in communication systems comprising electronic warfare, radar, and identification friend or foe (IFF); troposcatter technologies for satellite communication; and high-power radio frequency microwave amplifiers and related switching control technologies that are used in electronic warfare, communications, radar, IFF, and medical applications. The company serves satellite systems integrators, wireless and other communication service providers, satellite broadcasters, prime contractors and system suppliers, medical equipment companies, aviation industry system integrators, oil companies, and domestic and international defense and government customers, as well as end-customers. Comtech Telecommunications Corp. was founded in 1967 and is headquartered in Melville, New York.

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CMTL Stock News Headlines

December 3, 2022 | americanbankingnews.com

Comtech Telecommunications (NASDAQ:CMTL) Upgraded at StockNews.com

December 2, 2022 | americanbankingnews.com

Comtech Telecommunications (NASDAQ:CMTL) Stock Rating Upgraded by StockNews.com

December 1, 2022 | finance.yahoo.com

Methode (MEI) Q2 Earnings and Revenues Top Estimates

November 30, 2022 | finance.yahoo.com

Comtech to Report First Quarter Fiscal 2023 Results on December 8th

November 8, 2022 | finance.yahoo.com

Comtech to Present at the 14th Annual Southwest IDEAS Investor Conference

November 5, 2022 | finance.yahoo.com

Comtech Bags Over $50M On Existing US Military Deal

October 27, 2022 | finance.yahoo.com

Comtech Awarded Incremental Funding to Supply Troposcatter Equipment in Support of U.S. Military Next Generation Troposcatter System

October 12, 2022 | benzinga.com

Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Comtech Telecommunications Corp. and Encourages Investors to Contact the Firm

October 3, 2022 | seekingalpha.com

Comtech awarded over $30M contract for large messaging by Tier-1 MNO

October 3, 2022 | finance.yahoo.com

Tier-1 MNO Awards Multimillion-Dollar Award to Comtech for Large Messaging Contract

September 30, 2022 | seekingalpha.com

Comtech Telecommunications Corp. (CMTL) Q4 2022 Earnings Call Transcript

September 29, 2022 | finance.yahoo.com

Comtech Telecommunications (CMTL) Reports Q4 Loss, Tops Revenue Estimates

September 26, 2022 | seekingalpha.com

Comtech: Weak Profit Growth And A Bearish Chart Ahead Of Q4 Results Thursday

September 22, 2022 | morningstar.com

Comtech Telecommunications Corp CMTL Stock News

September 21, 2022 | finance.yahoo.com

Comtech Awarded Foreign Military Sales Contract to support Ukraine’s War Efforts

September 19, 2022 | finance.yahoo.com

Comtech to Report Fourth Quarter Fiscal 2022 Results on September 29th

September 15, 2022 | finance.yahoo.com

Comtech Awarded London Police Service Next Generation 9-1-1 Contract

September 8, 2022 | finance.yahoo.com

Comtech Telecommunications Corp. (CMTL)

September 8, 2022 | marketwatch.com

Comtech Telecomm Down 53.5% Since SmarTrend Downtrend Call (CMTL)

September 8, 2022 | reuters.com

Comtech Telecommunications Corp

August 30, 2022 | seekingalpha.com

CMTL Comtech Telecommunications Corp.

August 18, 2022 | marketwatch.com

Comtech Telecommunications CMTL Technical Data

August 16, 2022 | finance.yahoo.com

Comtech to Present at the 12th Annual Midwest IDEAS Investor Conference on August 24th & 25th in Chicago, IL

August 16, 2022 | finance.yahoo.com

Comtech (CMTL) Stock Jumps 7.3%: Will It Continue to Soar?

August 16, 2022 | apnews.com

ONGOING INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Comtech Telecommunications Corp. with Losses of $100,000 to Contact the Firm

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CMTL Company Calendar

Last Earnings: 9/29/2022
Ex-Dividend for 11/18 Dividend: 10/18/2022
Dividend Payable: 11/18/2022
Today: 12/07/2022
Next Earnings (Estimated): 12/08/2022
Fiscal Year End: 7/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio & t.v. communications equipment
Sub-Industry: Communications Equipment
Sector: Computer and Technology
Current Symbol: NASDAQ:CMTL
CUSIP: 20582620
CIK: 23197
Web: www.comtechtel.com
Phone: (631) 962-7000
Fax: 631-962-7001
Employees: 1,993
Year Founded: 1967

Price Target and Rating

Average Stock Price Forecast: $12.00
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: -2.0%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.64)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-33,050,000.00
Net Margins: -6.80%
Pretax Margin: -7.62%
Return on Equity: -0.04%
Return on Assets: -0.02%

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 1.36
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $486.24 million
Price / Sales: 0.70
Cash Flow: $1.65 per share
Price / Cash Flow: 7.40
Book Value: $16.96 per share
Price / Book: 0.72

Miscellaneous

Outstanding Shares: 27,775,000
Free Float: 26,553,000
Market Cap: $339.97 million
Optionable: Optionable
Beta: 1.68

Social Links

Key Executives

Mr. Ken A. Peterman (Age 65)
Chairman, Pres & CEO
Comp: $12.66k

Mr. Michael A. Bondi (Age 49)
Chief Financial Officer
Comp: $433.49k

Ms. Maria Hedden (Age 53)
Chief Operating Officer
Comp: $490.16k

Ms. Yelena Simonyuk
Chief Legal Officer

Ms. Nancy M. Stallone (Age 62)
VP of Fin., Treasurer & Corp. Sec.
Comp: $370.25k

Mr. Robert Samuels
VP of Investor Relations & Corp. Communications

Mr. Brian Duggan (Age 80)
VP of International Marketing

Ms. Jennie Reilly
Chief People Officer

Colonel Michael Atcheson
Pres of Mission-Critical Technologies

Ms. Lajuana Johnson
Sr. VP of Product & Strategy

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 equities research analysts have issued 1 year target prices for Comtech Telecommunications' stock. Their CMTL share price forecasts range from $10.00 to $14.00. On average, they anticipate the company's share price to reach $12.00 in the next year. This suggests that the stock has a possible downside of 2.0%.
View analysts price targets for CMTL or view top-rated stocks among Wall Street analysts.
How have CMTL shares performed in 2022?: Comtech Telecommunications' stock was trading at $23.69 on January 1st, 2022. Since then, CMTL shares have decreased by 48.3% and is now trading at $12.24.
View the best growth stocks for 2022 here.
Are investors shorting Comtech Telecommunications?: Comtech Telecommunications saw a decline in short interest in November. As of November 15th, there was short interest totaling 521,500 shares, a decline of 27.0% from the October 31st total of 714,600 shares. Based on an average daily trading volume, of 124,400 shares, the short-interest ratio is currently 4.2 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, December 8th 2022.
View our CMTL earnings forecast.
How were Comtech Telecommunications' earnings last quarter?: Comtech Telecommunications Corp. (NASDAQ:CMTL) issued its quarterly earnings results on Thursday, September, 29th. The communications equipment provider reported ($0.02) EPS for the quarter, topping analysts' consensus estimates of ($0.07) by $0.05. The communications equipment provider earned $126.98 million during the quarter, compared to analysts' expectations of $122.63 million. Comtech Telecommunications had a negative net margin of 6.80% and a negative trailing twelve-month return on equity of 0.04%.
How often does Comtech Telecommunications pay dividends? What is the dividend yield for Comtech Telecommunications?: Comtech Telecommunications announced a quarterly dividend on Thursday, September 29th. Shareholders of record on Wednesday, October 19th will be given a dividend of $0.10 per share on Friday, November 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date is Tuesday, October 18th.
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 3.16%.
Read our dividend analysis for CMTL.

What guidance has Comtech Telecommunications issued on next quarter's earnings?: Comtech Telecommunications updated its first quarter 2023 earnings guidance on Monday, October, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $128.25 million-$130.79 million, compared to the consensus revenue estimate of $114.01 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.65%), Vanguard Group Inc. (6.77%), Dimensional Fund Advisors LP (5.56%), Royce & Associates LP (3.76%), State Street Corp (3.47%) and Boothbay Fund Management LLC (2.29%). Insiders that own company stock include Lisa Lesavoy, Maria Hedden, Michael Bondi, Michael Porcelain 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 $12.24.
How much money does Comtech Telecommunications make?: Comtech Telecommunications (NASDAQ:CMTL) has a market capitalization of $339.97 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 ($1.64) 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 12/7/2022 by MarketBeat.com Staff

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