NASDAQ:CMTL - Comtech Telecomm. Stock Price, News & Analysis

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

Comtech Telecomm. declared a quarterly dividend on Wednesday, June 5th. Stockholders of record on Wednesday, July 17th will be given a dividend of $0.10 per share on Friday, August 16th. This represents a $0.40 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Tuesday, July 16th. View Comtech Telecomm.'s Dividend History.

Comtech Telecomm. Corp. (NASDAQ:CMTL) released its quarterly earnings results on Wednesday, June, 5th. The communications equipment provider reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.21. The communications equipment provider had revenue of $170.40 million for the quarter, compared to analysts' expectations of $162.30 million. Comtech Telecomm. had a net margin of 3.98% and a return on equity of 6.88%. The business's quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the business earned $0.34 earnings per share. View Comtech Telecomm.'s Earnings History.

Comtech Telecomm. is scheduled to release their next quarterly earnings announcement on Wednesday, September 25th 2019. View Earnings Estimates for Comtech Telecomm..

Comtech Telecomm. updated its FY19 earnings guidance on Wednesday, June, 5th. The company provided EPS guidance of ~$1.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.98. The company issued revenue guidance of ~$660 million, compared to the consensus revenue estimate of $655.20 million.

2 Wall Street analysts have issued 1 year price targets for Comtech Telecomm.'s shares. Their predictions range from $38.00 to $40.00. On average, they expect Comtech Telecomm.'s share price to reach $39.00 in the next year. This suggests a possible upside of 46.1% from the stock's current price. View Analyst Price Targets for Comtech Telecomm..

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comtech Telecomm. in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Comtech Telecomm..

News coverage about CMTL stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Comtech Telecomm. earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the communications equipment provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Comtech Telecomm..

Comtech Telecomm. saw a drop in short interest in July. As of July 31st, there was short interest totalling 569,100 shares, a drop of 11.2% from the June 30th total of 641,100 shares. Based on an average daily volume of 132,100 shares, the short-interest ratio is currently 4.3 days. Currently, 2.5% of the shares of the stock are short sold. View Comtech Telecomm.'s Current Options Chain.

Some companies that are related to Comtech Telecomm. include Commscope (COMM), Loral Space & Communications Ltd. (LORL), Harmonic (HLIT), Casa Systems (CASA), Gilat Satellite Networks (GILT), Maxar Technologies (MAXR), Sierra Wireless (SWIR), CalAmp (CAMP), Cambium Networks (CMBM), Ceragon Networks (CRNT), KVH Industries (KVHI), PC Tel (PCTI), Pointer Telocation (PNTR), Airgain (AIRG) and Energous (WATT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Comtech Telecomm. investors own include Advanced Micro Devices (AMD), Verizon Communications (VZ), Micron Technology (MU), Intel (INTC), NVIDIA (NVDA), PepsiCo (PEP), Smart Global (SGH), Walt Disney (DIS), Cisco Systems (CSCO) and Roku (ROKU).

Comtech Telecomm.'s stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.30%), Vanguard Group Inc. (6.80%), Nuveen Asset Management LLC (1.63%), Renaissance Technologies LLC (1.60%), Bank of New York Mellon Corp (1.51%) and Invesco Ltd. (1.40%). Company insiders that own Comtech Telecomm. stock include Edwin Kantor, Fred Kornberg, John Branscum, Michael Porcelain and Richard L Burt. View Institutional Ownership Trends for Comtech Telecomm..

CMTL stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, RK Capital Management LLC, Marshall Wace LLP, Vanguard Group Inc., JPMorgan Chase & Co., Uniplan Investment Counsel Inc., Royal Bank of Canada and Mondrian Investment Partners LTD. Company insiders that have sold Comtech Telecomm. company stock in the last year include Edwin Kantor and John Branscum. View Insider Buying and Selling for Comtech Telecomm..

CMTL stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Wells Fargo & Company MN, Morgan Stanley, Intrinsic Edge Capital Management LLC, BlackRock Inc., Balter Liquid Alternatives LLC, AQR Capital Management LLC and BBT Capital Management LLC. View Insider Buying and Selling for Comtech Telecomm..

Shares of CMTL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CMTL stock can currently be purchased for approximately $26.70.

Comtech Telecomm. has a market capitalization of $644.54 million and generates $570.59 million in revenue each year. The communications equipment provider earns $29.76 million in net income (profit) each year or $0.75 on an earnings per share basis. Comtech Telecomm. employs 1,852 workers across the globe.View Additional Information About Comtech Telecomm..

The official website for Comtech Telecomm. is http://www.comtechtel.com/.

Comtech Telecomm.'s mailing address is 68 South Service Road Suite 230, Melville NY, 11747. The communications equipment provider can be reached via phone at 631-962-7000.