Comtech Telecommunications Corp Stock Today

CMTL Stock  USD 4.60  0.01  0.22%   

Performance

0 of 100

 
Low
 
High
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Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Comtech Telecommunicatio is selling for 4.60 as of the 18th of March 2024. This is a 0.22 percent increase since the beginning of the trading day. The stock's lowest day price was 4.43. Comtech Telecommunicatio has about a 36 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Comtech Telecommunications Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
18th of February 1992
Category
Technology
Classification
Information Technology
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. Comtech Telecommunications Corp. was founded in 1967 and is headquartered in Melville, New York. The company has 28.47 M outstanding shares of which 1.04 M shares are currently shorted by private and institutional investors with about 3.6 trading days to cover. More on Comtech Telecommunications Corp

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Comtech Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Comtech Telecommunicatio's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Comtech Telecommunicatio or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorStanton Sloane
Thematic IdeaTrump Equities (View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Trump Equities, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Comtech Telecommunicatio report their recommendations after researching Comtech Telecommunicatio's financial statements, talking to executives and customers, or listening in on Comtech Telecommunicatio's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Comtech Telecommunicatio. The Comtech consensus assessment is calculated by taking the average forecast from all of the analysts covering Comtech Telecommunicatio.
Financial Strength
Based on the analysis of Comtech Telecommunicatio's profitability, liquidity, and operating efficiency, Comtech Telecommunications Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Comtech Telecommunicatio is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.970.63
Way Up
Pretty Stable
Gross Profit Margin0.30.3354
Moderately Down
Slightly volatile
Total Current Liabilities256 M243.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total282.3 M268.8 M
Sufficiently Up
Slightly volatile
Total Assets1.2 B1.1 B
Sufficiently Up
Slightly volatile
Total Current Assets273.2 M351.3 M
Significantly Down
Very volatile
Comtech Telecommunicatio's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Comtech Telecommunicatio's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Comtech Telecommunicatio's financial leverage. It provides some insight into what part of Comtech Telecommunicatio's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Comtech Telecommunicatio's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Comtech Telecommunicatio deploys its capital and how much of that capital is borrowed.
Liquidity
Comtech Telecommunicatio cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 214.81 M in liabilities with Debt to Equity (D/E) ratio of 0.32, which is about average as compared to similar companies. Comtech Telecommunicatio has a current ratio of 1.33, which is within standard range for the sector. Debt can assist Comtech Telecommunicatio until it has trouble settling it off, either with new capital or with free cash flow. So, Comtech Telecommunicatio's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Comtech Telecommunicatio sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Comtech to invest in growth at high rates of return. When we think about Comtech Telecommunicatio's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

17.96 Million
Comtech Telecommunications Corp (CMTL) is traded on NASDAQ Exchange in USA. It is located in 68 South Service Road, Melville, NY, United States, 11747 and employs 1,718 people. Comtech Telecommunicatio is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 130.69 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Comtech Telecommunicatio's market, we take the total number of its shares issued and multiply it by Comtech Telecommunicatio's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Comtech Telecommunicatio conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 28.47 M outstanding shares of which 1.04 M shares are currently shorted by private and institutional investors with about 3.6 trading days to cover. Comtech Telecommunications Corp currently holds about 21.65 M in cash with (4.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78.
Check Comtech Telecommunicatio Probability Of Bankruptcy
Ownership Allocation
Comtech Telecommunicatio holds a total of 28.47 Million outstanding shares. The majority of Comtech Telecommunications Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Comtech Telecommunicatio to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Comtech Telecommunicatio. Please pay attention to any change in the institutional holdings of Comtech Telecommunications Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Comtech Ownership Details

Comtech Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Comtech Telecommunicatio jumping above the current price in 90 days from now is close to 99%. The Comtech Telecommunications Corp probability density function shows the probability of Comtech Telecommunicatio stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Comtech Telecommunications Corp has a beta of -0.1439 suggesting as returns on benchmark increase, returns on holding Comtech Telecommunicatio are expected to decrease at a much lower rate. During the bear market, however, Comtech Telecommunications Corp is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Comtech Telecommunicatio is significantly underperforming NYSE Composite.
  Odds Below 4.6HorizonTargetOdds Above 4.6
0.77%90 days
 4.60 
99.22%
Based on a normal probability distribution, the odds of Comtech Telecommunicatio to move above the current price in 90 days from now is close to 99 (This Comtech Telecommunications Corp probability density function shows the probability of Comtech Stock to fall within a particular range of prices over 90 days) .

Comtech Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Comtech Telecommunicatio that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Comtech Telecommunicatio's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Comtech Telecommunicatio's value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-12-31
522.5 K
Arnhold & S. Bleichroeder Advisers, Llc2023-12-31
509 K
Marshall Wace Asset Management Ltd2023-12-31
488.8 K
Acacia Research Corp2023-09-30
480.8 K
Pacific Ridge Capital Partners, Llc2023-12-31
478.6 K
Citadel Advisors Llc2023-09-30
391 K
Penn Mutual Asset Management Llc2023-12-31
343.8 K
Amvescap Plc.2023-12-31
262 K
Northern Trust Corp2023-12-31
259.3 K
Blackrock Inc2023-12-31
1.9 M
Vanguard Group Inc2023-12-31
1.4 M
View Comtech Telecommunicatio Diagnostics

Comtech Telecommunicatio Historical Income Statement

Comtech Telecommunications Corp Income Statement is one of the three primary financial statements used for reporting Comtech's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Comtech Telecommunicatio revenue and expense. Comtech Telecommunicatio Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Comtech Telecommunicatio's Cost Of Revenue is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 229.5 M this year, although the value of Total Revenue will most likely fall to about 328.3 M. View More Fundamentals

Comtech Stock Against Markets

Picking the right benchmark for Comtech Telecommunicatio stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Comtech Telecommunicatio stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Comtech Telecommunicatio is critical whether you are bullish or bearish towards Comtech Telecommunications Corp at a given time. Please also check how Comtech Telecommunicatio's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Comtech Telecommunicatio without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Comtech Telecommunicatio Corporate Directors

Comtech Telecommunicatio corporate directors refer to members of a Comtech Telecommunicatio board of directors. The board of directors generally takes responsibility for the Comtech Telecommunicatio's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Comtech Telecommunicatio's board members must vote for the resolution. The Comtech Telecommunicatio board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Yacov ShamashDirectorProfile
Ira KaplanIndependent DirectorProfile
Edwin KantorLead Independent DirectorProfile
Robert PaulIndependent DirectorProfile

How to buy Comtech Stock?

Before investing in Comtech Telecommunicatio, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Comtech Telecommunicatio. To buy Comtech Telecommunicatio stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Comtech Telecommunicatio. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Comtech Telecommunicatio stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Comtech Telecommunications Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Comtech Telecommunications Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Comtech Telecommunications Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Comtech Stock please use our How to Invest in Comtech Telecommunicatio guide.

Already Invested in Comtech Telecommunications Corp?

The danger of trading Comtech Telecommunications Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Comtech Telecommunicatio is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Comtech Telecommunicatio. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Comtech Telecommunicatio is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Comtech Telecommunicatio is a strong investment it is important to analyze Comtech Telecommunicatio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comtech Telecommunicatio's future performance. For an informed investment choice regarding Comtech Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comtech Telecommunications Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Comtech Stock analysis

When running Comtech Telecommunicatio's price analysis, check to measure Comtech Telecommunicatio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comtech Telecommunicatio is operating at the current time. Most of Comtech Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Comtech Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comtech Telecommunicatio's price. Additionally, you may evaluate how the addition of Comtech Telecommunicatio to your portfolios can decrease your overall portfolio volatility.
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Is Comtech Telecommunicatio's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comtech Telecommunicatio. If investors know Comtech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comtech Telecommunicatio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.87
Earnings Share
(0.86)
Revenue Per Share
20.218
Quarterly Revenue Growth
0.158
Return On Assets
0.0065
The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comtech Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.