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Comtech Telecommunications Corp. (CMTL)

NASDAQ: CMTL · IEX Real-Time Price · USD
24.27 0.43 (1.80%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap639.17M
Revenue (ttm)581.70M
Net Income (ttm)-73.48M
Shares Out25.12M
EPS (ttm)-2.86
PE Ration/a
Forward PEn/a
Dividend$0.40 (1.65%)
Ex-Dividend DateOct 12, 2021
Volume161,654
Open24.29
Previous Close23.84
Day's Range23.59 - 24.44
52-Week Range14.05 - 30.01
Beta1.82
AnalystsBuy
Price Target29.25 (+20.5%)
Est. Earnings Daten/a

About CMTL

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. It operates in two segments, Commercial Solutions and Government Solutions. The Commercial Solutions segment offers satellite ground station technologies, including single channel per carrier and time division multiple access modems, amplifiers, frequency converters, and network software to modulate, demodulate, and amplify signals, as we...

IndustryCommunications Equipment
Founded1967
CEOFred Kornberg
Employees2,038
Stock ExchangeNASDAQ
Ticker SymbolCMTL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CMTL stock is "Buy." The 12-month stock price forecast is 29.25, which is an increase of 20.52% from the latest price.

Price Target
$29.25
(20.52% upside)
Analyst Consensus: Buy

News

Comtech Telecommunications Corp. Awarded $4.6 Million in Orders from the U.S. Army for Mobile Satellite Equipment

MELVILLE, N.Y.--(BUSINESS WIRE)--October 13, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications...

3 days ago - Business Wire

Comtech Telecommunications Corp. Awarded $1.1 Million of Funding to Support City of Baltimore

MELVILLE, N.Y.--(BUSINESS WIRE)--October 12, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications...

4 days ago - Business Wire

Comtech (CMTL) Inks $5.6M Deal for Messaging Application Support

Comtech (CMTL) renews a contract worth $5.6 million with a U.S. tier-one mobile network operator to provide messaging application support.

5 days ago - Zacks Investment Research

Comtech Telecommunications Corp. Announces $5.6 Million Contract Renewal to Provide Messaging Application Support

MELVILLE, N.Y.--(BUSINESS WIRE)--October 7, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications ...

1 week ago - Business Wire

Comtech Comments on Letter From Shareholder

MELVILLE, N.Y.--(BUSINESS WIRE)--October 6, 2021 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications...

1 week ago - Business Wire

Outerbridge Sends Letter to Comtech Board of Directors

NEW YORK--(BUSINESS WIRE)--Outerbridge Capital Management, LLC (“Outerbridge”), a beneficial owner of approximately 4.95% of Comtech Telecommunications Corp.'s (NASDAQ: CMTL) (“Comtech” or the “Company”...

1 week ago - Business Wire

Comtech (CMTL) Renews $125M Deal to Provide Cyber Training

Comtech (CMTL) wins a five-year $125-million contract renewal from the federal government to supply cyber training solutions.

1 week ago - Zacks Investment Research

Comtech Telecommunications (CMTL) Q4 Earnings Top Estimates

Comtech (CMTL) delivered earnings and revenue surprises of 16.67% and -1.32%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Comtech Telecommunications Corp. Declares $0.10 Per Share Quarterly Cash Dividend

MELVILLE, N.Y.--(BUSINESS WIRE)--October 4, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share, paya...

1 week ago - Business Wire

Comtech Announces Leadership Transition

MELVILLE, N.Y.--(BUSINESS WIRE)--October 4, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications ...

1 week ago - Business Wire

Comtech Scoops $125M Multi-Year Federal Cyber Training Contract

Comtech Telecommunications Corp (NASDAQ: CMTL) secured a five-year single award IDIQ contract renewal with Firm Fixed Price (FFP) and Time and Materials (T&M) delivery orders in Q1 FY22 valued at $125 m...

1 week ago - Benzinga

Comtech Telecommunications Corp. Awarded $125 Million Contract for Cyber Training

MELVILLE, N.Y.--(BUSINESS WIRE)--October 4, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications ...

1 week ago - Business Wire

Comtech Telecommunications Corp. to Report Fiscal 2021 Fourth Quarter and Full Year Results on October 4th

MELVILLE, N.Y.--(BUSINESS WIRE)--September 28, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communicatio...

2 weeks ago - Business Wire

Glancy Prongay & Murray LLP Announces Investigation of Comtech Telecommunications Corp.

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Comtech Telecommunications Corp. (NASDAQ:CMTL) concerning the Company and its directors' and officers' possi...

3 weeks ago - Business Wire

Comtech Comments on Director Nominations Notice

MELVILLE, N.Y.--(BUSINESS WIRE)--September 9, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today confirmed receipt of notice from Outerbridge Capital Management of its intention to nominate th...

1 month ago - Business Wire

Glancy Prongay & Murray LLP Announces Investigation of Comtech Telecommunications Corp.

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Comtech Telecommunications Corp. (NASDAQ:CMTL) concerning the Company and its directors' and officers' possi...

1 month ago - Business Wire

Comtech Telecommunications Corp. Awarded $3.7 Million in Orders from the U.S. Army for Mobile Satellite Equipment

MELVILLE, N.Y.--(BUSINESS WIRE)--August 30, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications ...

1 month ago - Business Wire

Comtech Telecommunications Corp. Awarded $2.1 Million of Funding for EEE Parts Management, Procurement and Engineerin...

MELVILLE, N.Y.--(BUSINESS WIRE)--August 26, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications ...

1 month ago - Business Wire

Kymeta and Comtech Telecommunications Corp. Announce Technology and Business Development Partnership

REDMOND, Wash. & MELVILLE, N.Y.--(BUSINESS WIRE)-- #DoD--Kymeta, the communications company making mobile global, and Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-g...

1 month ago - Business Wire

Comtech Telecommunications Corp. Awarded $6.3 Million in Contracts for High-Power Ka-Band TWTAs

MELVILLE, N.Y.--(BUSINESS WIRE)--August 24, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications ...

1 month ago - Business Wire

Comtech Telecommunications Corp. to Participate in Midwest IDEAS Investor Conference

MELVILLE, N.Y.--(BUSINESS WIRE)--August 20, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications ...

1 month ago - Business Wire

Comtech Telecommunications Corp. Awarded 5G Contract with Canadian Wireless Network Operator

MELVILLE, N.Y.--(BUSINESS WIRE)--August 19, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications ...

1 month ago - Business Wire

Comtech Telecommunications Corp. Awarded $4.7 Million Contract with Channel Partner

MELVILLE, N.Y.--(BUSINESS WIRE)--August 18, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications ...

1 month ago - Business Wire

Comtech (CMTL) Unit Secures $1.7 Million Contract for COMET

Comtech's (CMTL) troposcatter products are increasingly becoming popular among the U.S. and foreign military forces owing to high data rate transmission and reduced operating expenditure.

1 month ago - Zacks Investment Research

Comtech Telecommunications Corp. to Showcase 911 Solutions for States and Local Jurisdictions at APCO 2021

MELVILLE, N.Y.--(BUSINESS WIRE)--August 16, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leading provider of next-generation 911 emergency systems and secure wireless communications ...

2 months ago - Business Wire