Comtech Telecommunications Corp [NASDAQ: CMTL] slipped around -0.04 points on Wednesday, while shares priced at $3.03 at the close of the session, down -1.30%.
Comtech Telecommunications Corp stock is now -7.90% down from its year-to-date (YTD) trading value. CMTL Stock saw the intraday high of $3.1176 and lowest of $3.01 per share. The company’s 52-week high price is 4.88, which means current price is +154.62% above from all time high which was touched on 01/06/25.
Compared to the average trading volume of 221.86K shares, CMTL reached a trading volume of 138895 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Comtech Telecommunications Corp [CMTL]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMTL shares is $6.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMTL stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Comtech Telecommunications Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on June 25, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on December 15, 2023, representing the official price target for Comtech Telecommunications Corp stock. Previously, the target price had yet another drop from $10 to $7.50, while Jefferies kept a Underperform rating on CMTL stock. On June 15, 2022, analysts decreased their price target for CMTL shares from 32 to 10.
The Price to Book ratio for the last quarter was 0.85, with the Price to Cash per share for the same quarter was set at 1.35.
How has CMTL stock performed recently?
Comtech Telecommunications Corp [CMTL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.57. With this latest performance, CMTL shares dropped by -3.19% in over the last four-week period, additionally plugging by 35.87% over the last 6 months – not to mention a drop of -24.44% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CMTL stock in for the last two-week period is set at 50.44, with the RSI for the last a single of trading hit 0.24, and the three-weeks RSI is set at 0.23 for Comtech Telecommunications Corp [CMTL]. The present Moving Average for the last 50 days of trading for this stock 2.92, while it was recorded at 2.98 for the last single week of trading, and 2.23 for the last 200 days.
Comtech Telecommunications Corp [CMTL]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Comtech Telecommunications Corp [CMTL] shares currently have an operating margin of -7.30% and a Gross Margin at 21.25%. Comtech Telecommunications Corp’s Net Margin is presently recorded at -40.89%.
Comtech Telecommunications Corp (CMTL) Capital Structure & Debt Analysis
According to recent financial data for Comtech Telecommunications Corp. ( CMTL), the Return on Equity (ROE) stands at -26.69%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -12.24%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Comtech Telecommunications Corp’s Return on Invested Capital (ROIC) is -38.30%, showcasing its effectiveness in deploying capital for earnings.
Comtech Telecommunications Corp (CMTL) Efficiency & Liquidity Metrics
Based on Comtech Telecommunications Corp’s (CMTL) latest financial statements, the Debt-to-Equity Ratio is 0.85%, indicating its reliance on debt financing relative to shareholder equity.
Comtech Telecommunications Corp (CMTL) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Comtech Telecommunications Corp. (CMTL) effectively leverages its workforce, generating an average of -$147472.92 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.71% and a Quick Ratio of 1.27%, indicating strong ability to cover short-term liabilities.
Earnings analysis for Comtech Telecommunications Corp [CMTL]
With the latest financial reports released by the company, Comtech Telecommunications Corp posted -1.27/share EPS, while the average EPS was predicted by analysts to be reported at -0.36/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.91. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CMTL.
Insider trade positions for Comtech Telecommunications Corp [CMTL]
There are presently around $47.06%, or 51.70%% of CMTL stock, in the hands of institutional investors. The top three institutional holders of CMTL stocks are: VANGUARD GROUP INC with ownership of 1.35 million shares, which is approximately 4.6786%. NEEDHAM INVESTMENT MANAGEMENT LLC, holding 1.27 million shares of the stock with an approximate value of $$3.86 million in CMTL stocks shares; and NEEDHAM INVESTMENT MANAGEMENT LLC, currently with $$3.8 million in CMTL stock with ownership which is approximately 4.3426%.
