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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Bear market expert makes new prediction (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Bear market expert makes new prediction (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Bear market expert makes new prediction (Ad)
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Bear market expert makes new prediction (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Bear market expert makes new prediction (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Bear market expert makes new prediction (Ad)
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Bear market expert makes new prediction (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Bear market expert makes new prediction (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Bear market expert makes new prediction (Ad)
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
NASDAQ:CMTL

Comtech Telecommunications - CMTL Stock Forecast, Price & News

$12.48
+0.36 (+2.97%)
(As of 03/31/2023 12:00 AM ET)
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Today's Range
$12.24
$12.49
50-Day Range
$11.70
$16.69
52-Week Range
$8.42
$16.87
Volume
83,948 shs
Average Volume
122,031 shs
Market Capitalization
$347.74 million
P/E Ratio
N/A
Dividend Yield
3.21%
Price Target
$12.17

Comtech Telecommunications MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.5% Downside
$12.17 Price Target
Short Interest
Healthy
1.20% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.22
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$573,590 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

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

1.63 out of 5 stars

Computer And Technology Sector

519th out of 618 stocks

Radio & T.V. Communications Equipment Industry

23rd out of 26 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

Comtech Telecommunications (CMTL) Receives a Buy from Noble Financial
Did You See These Trend Reversals?
Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. pixel
Comtech Telecommunications earnings: here's what Wall Street expects
Q2 2023 Comtech Telecommunications Corp Earnings Call
Did You See These Trend Reversals?
Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. pixel
Comtech Welcomes Sirqul as New EVOKE Technology Partner
CMTL.DF - | Stock Price & Latest News | Reuters
Comtech Unveils New Corporate Logo and Brand Identity
Friday 1/13 Insider Buying Report: CMTL, PHAT
Comtech Telecommunications: Still A Lot To Prove
Methode (MEI) Q2 Earnings and Revenues Top Estimates
See More Headlines
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CMTL Company Calendar

Ex-Dividend for 2/17 Dividend
1/17/2023
Dividend Payable
2/17/2023
Last Earnings
3/09/2023
Today
4/01/2023
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
-2.5%
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
$513.96 million
Cash Flow
$1.76 per share
Book Value
$16.01 per share

Miscellaneous

Free Float
26,638,000
Market Cap
$347.74 million
Optionable
Optionable
Beta
1.73

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 research 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 research 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 twelve-month target prices for Comtech Telecommunications' stock. Their CMTL share price forecasts range from $10.00 to $14.50. On average, they predict the company's stock price to reach $12.17 in the next year. This suggests that the stock has a possible downside of 2.5%.
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 increased by 2.8% and is now trading at $12.48.
View the best growth stocks for 2023 here
.

Are investors shorting Comtech Telecommunications?

Comtech Telecommunications saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 304,400 shares, an increase of 11.7% from the February 28th total of 272,500 shares. Based on an average daily volume of 142,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.2% of the company's shares 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) posted its quarterly earnings data on Thursday, March, 9th. The communications equipment provider reported ($0.23) EPS for the quarter. The communications equipment provider earned $133.73 million during the quarter, compared to analyst estimates of $132.95 million. Comtech Telecommunications had a positive trailing twelve-month return on equity of 1.13% and a negative net margin of 4.10%.

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

Comtech Telecommunications announced a quarterly dividend on Thursday, December 8th. Stockholders 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 3.21%. 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 3.30%.
Read our dividend analysis for CMTL.

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

Comtech Telecommunications issued an update on its third quarter 2023 earnings guidance on Thursday, March, 9th. The company provided earnings per share 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."

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 $12.48.

How much money does Comtech Telecommunications make?

Comtech Telecommunications (NASDAQ:CMTL) has a market capitalization of $347.74 million and generates $513.96 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 4/1/2023 by MarketBeat.com Staff