Comtech Telecommunications Corp. (CMTL)

NASDAQ: CMTL · Real-Time Price · USD
2.910
-0.810 (-21.77%)
Nov 1, 2024, 4:00 PM EDT - Market closed
-21.77%
Market Cap 84.00M
Revenue (ttm) 540.40M
Net Income (ttm) -99.99M
Shares Out 28.87M
EPS (ttm) -4.70
PE Ratio n/a
Forward PE 9.09
Dividend n/a
Ex-Dividend Date n/a
Volume 1,004,498
Open 3.630
Previous Close 3.720
Day's Range 2.900 - 3.666
52-Week Range 1.530 - 13.040
Beta 1.58
Analysts Strong Buy
Price Target 18.25 (+527.15%)
Earnings Date Dec 5, 2024

About CMTL

Comtech Telecommunications Corp., together with its subsidiaries, engages in the provision of next-gen telecommunication solutions in the United States and internationally. The company’s Satellite and Space Communications segment offers satellite ground station technologies, services and system integration that facilitates 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; and satellite commun... [Read more]

Sector Technology
Founded 1967
Employees 1,718
Stock Exchange NASDAQ
Ticker Symbol CMTL
Full Company Profile

Financial Performance

In 2024, CMTL's revenue was $540.40 million, a decrease of -1.74% compared to the previous year's $549.99 million. Losses were -$99.99 million, 194.9% more than in 2023.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CMTL stock is "Strong Buy" and the 12-month stock price forecast is $18.25.

Price Target
$18.25
(527.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Comtech Announces Results for its Fourth Quarter of Fiscal 2024

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Oct. 31, 2024-- In a letter to shareholders, Comtech (NASDAQ: CMTL) today announced that its fourth quarter fiscal 2024 financial results are now availa...

1 day ago - Business Wire

Comtech To Host Fourth Quarter and Fiscal Year 2024 Earnings Conference Call

CHANDLER, Ariz.--(BUSINESS WIRE)--Oct. 31, 2024-- Comtech (NASDAQ: CMTL) today announced that it will be hosting an earnings conference call at 4:30 p.m. ET today, to discuss its fourth quarter and fi...

1 day ago - Business Wire

Comtech Announces Leadership Updates

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--October 30, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced that its Board of Directors has appointed John Ra...

2 days ago - Business Wire

Comtech Announces Transformation Strategy and Capital Structure Update

CHANDLER, Ariz.--(BUSINESS WIRE)--Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced that its Board of Directors and management team are executing a strategy to transf...

15 days ago - Business Wire

Ken Peterman, Former CEO of Comtech, Endorses Michael Porcelain's Full Slate of Director Nominees

Peterman Becomes the Third Former CEO of Comtech Calling for a Complete Board Overhaul to Restore Stockholder Value WASHINGTON , Oct. 8, 2024 /PRNewswire/ -- Ken Peterman, former CEO of Comtech Teleco...

25 days ago - PRNewsWire

SES Space & Defense Awards Comtech Order for Next-generation Modems to Operate on O3b mPOWER Constellation

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Oct. 1, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced SES Space & Defense recently awarded the Company an i...

4 weeks ago - Business Wire

Comtech Comments on Director Nominations

CHANDLER, Ariz.--(BUSINESS WIRE)--Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today noted the director nominations submitted by Michael Porcelain, Fred Kornberg and their affil...

5 weeks ago - Business Wire

Comtech's Former CEOs Nominate Full Slate of Candidates for Comtech Board of Directors

Issue Open Letter to Comtech Stockholders Advocating for an Independent Evaluation of Strategic Options for Comtech's 911 Public Safety Business, the Appointment of an External CEO & COO, and Other In...

5 weeks ago - PRNewsWire

Comtech Launches New Digital Common Ground Modem Product Line for DoD and Coalition Customers

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Sept. 11, 2024-- Comtech (NASDAQ: CMTL) (“the Company”), a global technology leader, today announced the launch of the Company's new Digital Common Grou...

7 weeks ago - Business Wire

Comtech Relocates Corporate Headquarters to Chandler, AZ

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--Aug. 16, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced the relocation of its corporate headquarters from Me...

2 months ago - Business Wire

Investors Of Comtech Telecommunications Corp With Losses Over $100,000 Are Encouraged By The Schall Law Firm To Make Contact

LOS ANGELES, CA / ACCESSWIRE / July 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...

3 months ago - Accesswire

Investors Of Comtech Telecommunications Corp With Losses Exceeding $100,000 Are Urged By The Schall Law Firm To Contact

LOS ANGELES, CA / ACCESSWIRE / July 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...

3 months ago - Accesswire

Comtech Telecommunications (CMTL) Delays Filings Again, Deepening Financial Uncertainty – Hagens Berman

SAN FRANCISCO, July 24, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Comtech Telecommunications Corp. (NASDAQ: CMTL) investors who suffered substantial losses to take action by submitting your losses ...

3 months ago - GlobeNewsWire

Comtech Telecommunications Corporation Investors With Over $100,000 Losses Are Encouraged By The Schall Law Firm To Reach Out

LOS ANGELES, CA / ACCESSWIRE / July 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...

3 months ago - Accesswire

Investigation Into Comtech Telecommunications (CMTL) Announced by Hagens Berman

SAN FRANCISCO, July 19, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Comtech Telecommunications Corp. (NASDAQ: CMTL) investors who suffered substantial losses to take action by submitting your losses ...

3 months ago - GlobeNewsWire

Investors Of Comtech Telecommunications Corporation With Losses Exceeding $100,000 Are Urged By The Schall Law Firm To Connect

LOS ANGELES, CA / ACCESSWIRE / July 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...

3 months ago - Accesswire

Investors Of Comtech Telecommunications Corp With Losses Exceeding $100,000 Are Invited By The Schall Law Firm To Contact

LOS ANGELES, CA / ACCESSWIRE / July 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...

3 months ago - Accesswire

Comtech Telecommunications Corp Investors With Losses Surpassing $100,000 Are Welcomed By The Schall Law Firm To Reach Out

LOS ANGELES, CA / ACCESSWIRE / July 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...

3 months ago - Accesswire

The Schall Law Firm Invites Comtech Telecommunications Corp Investors With Over $100,000 In Losses To Contact Them

LOS ANGELES, CA / ACCESSWIRE / July 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...

3 months ago - Accesswire

Comtech Telecommunications Corp Investors With Losses Over $100,000 Are Encouraged By The Schall Law Firm To Reach Out

LOS ANGELES, CA / ACCESSWIRE / July 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...

4 months ago - Accesswire

The Schall Law Firm Encourages Comtech Telecommunications Corp Investors With Losses Over $100,000 To Reach Out

LOS ANGELES, CA / ACCESSWIRE / July 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommu...

4 months ago - Accesswire

Comtech Completes First Province-wide Migration to NG9-1-1 Infrastructure in Canada

CHANDLER, Ariz.--(BUSINESS WIRE)---- $CMTL #5G--July 11, 2024-- Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced it recently completed the full migration and deploym...

4 months ago - Business Wire

Comtech Telecommunications Corp Investors With Over $100,000 In Losses Are Encouraged By The Schall Law Firm To Reach Out

LOS ANGELES, CA / ACCESSWIRE / July 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommun...

4 months ago - Accesswire

Investors Of Comtech Telecommunications Corp With Losses Surpassing $100,000 Are Urged By The Schall Law Firm To Make Contact

LOS ANGELES, CA / ACCESSWIRE / July 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommun...

4 months ago - Accesswire

Comtech Telecommunications Corp Investors With Losses Exceeding $100,000 Are Encouraged By The Schall Law Firm To Reach Out

LOS ANGELES, CA / ACCESSWIRE / July 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Comtech Telecommun...

4 months ago - Accesswire