S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
NASDAQ:CMTL

Comtech Telecommunications Stock Forecast, Price & News

$23.07
-0.04 (-0.17%)
(As of 01/14/2022 12:00 AM ET)
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Today's Range
$22.67
$23.35
50-Day Range
$23.07
$27.46
52-Week Range
$20.64
$30.40
Volume
107,460 shs
Average Volume
131,469 shs
Market Capitalization
$607.89 million
P/E Ratio
461.49
Dividend Yield
1.73%
Beta
1.58
30 days | 90 days | 365 days | Advanced Chart
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Comtech Telecommunications logo

About Comtech Telecommunications

Comtech Telecommunications Corp. engages in the design, development, production, and market of products, systems, and services for advanced communications solutions. It operates through the following segments: Commercial Solutions and Government Solutions. The Commercial Solutions segment offers satellite communications, public safety systems, and enterprise application technologies for commercial customers and smaller government customers. The Government Solutions segment comprises mission-critical technologies and transmission technologies for large government end users, international customers, and domestic prime contractors. The company was founded in 1967 and is headquartered in Melville, NY.

Headlines

Comtech's Michael Porcelain Becomes CEO
January 4, 2022 |  nasdaq.com
Comtech and Outerbridge Agree to Unified Slate of Directors
December 16, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:CMTL
CUSIP
20582620
Employees
2,038
Year Founded
1967

Sales & Book Value

Annual Sales
$581.70 million
Cash Flow
$2.43 per share
Book Value
$19.21 per share

Profitability

Net Income
$-73.48 million
Pretax Margin
0.90%

Debt

Price-To-Earnings

Miscellaneous

Free Float
24,819,000
Market Cap
$607.89 million
Optionable
Optionable

Company Calendar

Ex-Dividend for 11/12 Dividend
10/12/2021
Dividend Payable
11/12/2021
Last Earnings
12/09/2021
Today
1/16/2022
Ex-Dividend for 2/18 Dividend
1/18/2022
Dividend Payable
2/18/2022
Next Earnings (Estimated)
3/10/2022
Fiscal Year End
7/31/2022

Social Links


MarketRank

Overall MarketRank

2.27 out of 5 stars

Computer And Technology Sector

305th out of 896 stocks

Radio & T.V. Communications Equipment Industry

12th out of 35 stocks

Analyst Opinion: 2.2Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












Comtech Telecommunications (NASDAQ:CMTL) Frequently Asked Questions

Is Comtech Telecommunications a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comtech Telecommunications in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Comtech Telecommunications stock. 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 analyst ratings for Comtech Telecommunications
or view top-rated stocks.

How has Comtech Telecommunications' stock been impacted by COVID-19?

Comtech Telecommunications' stock was trading at $20.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CMTL stock has increased by 13.0% and is now trading at $23.07.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Comtech Telecommunications?

Comtech Telecommunications saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 401,100 shares, a decrease of 22.4% from the December 15th total of 517,100 shares. Based on an average daily volume of 177,700 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.6% of the shares of the stock are sold short.
View Comtech Telecommunications' Short Interest
.

When is Comtech Telecommunications' next earnings date?

Comtech Telecommunications is scheduled to release its next quarterly earnings announcement on Thursday, March 10th 2022.
View our earnings forecast for Comtech Telecommunications
.

How were Comtech Telecommunications' earnings last quarter?

Comtech Telecommunications Corp. (NASDAQ:CMTL) released its quarterly earnings data on Thursday, December, 9th. The communications equipment provider reported ($0.15) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.22) by $0.07. The communications equipment provider had revenue of $116.76 million for the quarter, compared to analyst estimates of $115.80 million. Comtech Telecommunications had a net margin of 1.13% and a trailing twelve-month return on equity of 3.27%. Comtech Telecommunications's revenue for the quarter was down 13.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.15 EPS.
View Comtech Telecommunications' earnings history
.

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

Comtech Telecommunications announced a quarterly dividend on Thursday, December 9th. Investors of record on Wednesday, January 19th will be given a dividend of $0.10 per share on Friday, February 18th. This represents a $0.40 annualized dividend and a yield of 1.73%. The ex-dividend date is Tuesday, January 18th.
View Comtech Telecommunications' dividend history
.

Is Comtech Telecommunications a good dividend stock?

Comtech Telecommunications pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.73%. Comtech Telecommunications does not yet have a strong track record of dividend growth. The dividend payout ratio of Comtech Telecommunications is 800.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Comtech Telecommunications will have a dividend payout ratio of 50.63% next year. This indicates that Comtech Telecommunications will be able to sustain or increase its dividend.
View Comtech Telecommunications' dividend history.

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

Comtech Telecommunications issued an update on its FY 2022 earnings guidance on Thursday, December, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $580 million-$600 million, compared to the consensus revenue estimate of $584.29 million.

What price target have analysts set for CMTL?

3 brokers have issued 12 month price objectives for Comtech Telecommunications' shares. Their forecasts range from $27.00 to $28.00. On average, they anticipate Comtech Telecommunications' share price to reach $27.50 in the next year. This suggests a possible upside of 19.2% from the stock's current price.
View analysts' price targets for Comtech Telecommunications
or view top-rated stocks among Wall Street analysts.

Who are Comtech Telecommunications' key executives?

Comtech Telecommunications' management team includes the following people:
  • Michael D. Porcelain, President, Chief Executive Officer & Director
  • Michael A. Bondi, Chief Financial Officer
  • Marcus Alston, Chief Trade Compliance Officer
  • Maria Ceriello, Director-Financial Operations
  • Nancy Stallone, Secretary & Treasurer

What is Fred V. Kornberg's approval rating as Comtech Telecommunications' CEO?

24 employees have rated Comtech Telecommunications CEO Fred V. Kornberg on Glassdoor.com. Fred V. Kornberg has an approval rating of 47% among Comtech Telecommunications' 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), Square (SQ) and Gilead Sciences (GILD).

What is Comtech Telecommunications' stock symbol?

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

How do I buy shares of Comtech Telecommunications?

Shares of CMTL 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 $23.07.

How much money does Comtech Telecommunications make?

Comtech Telecommunications has a market capitalization of $607.89 million and generates $581.70 million in revenue each year. The communications equipment provider earns $-73.48 million in net income (profit) each year or $0.05 on an earnings per share basis.

How many employees does Comtech Telecommunications have?

Comtech Telecommunications employs 2,038 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 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, 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, Xicom Technology Europe Ltd., microDATA GIS, microDATA GIS Inc. (a subsidiary of microDATA LLC), and microDATA LLC.

When was Comtech Telecommunications founded?

Comtech Telecommunications was founded in 1967.

What is Comtech Telecommunications' official website?

The official website for Comtech Telecommunications is www.comtechtel.com.

Where are Comtech Telecommunications' headquarters?

Comtech Telecommunications is headquartered at 68 South Service Road Suite 230, Melville NY, 11747.

How can I contact Comtech Telecommunications?

Comtech Telecommunications' 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 or via fax at 631-962-7001.


This page was last updated on 1/16/2022 by MarketBeat.com Staff

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