Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Comtech Telecommunications Corp’s stock clocked out at $3.03, down -1.30% from its previous closing price of $3.07. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 0.14 million shares were traded. CMTL stock price reached its highest trading level at $3.1176 during the session, while it also had its lowest trading level at $3.01.
Ratios:
To gain a deeper understanding of CMTL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.81.
On December 15, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $18.25.
Jefferies Downgraded its Hold to Underperform on December 08, 2023, whereas the target price for the stock was revised from $10 to $7.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMTL now has a Market Capitalization of 89719560 and an Enterprise Value of 489923552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.981 whereas that against EBITDA is -91.37.
Stock Price History:
The Beta on a monthly basis for CMTL is 1.12, which has changed by -0.09439528 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, CMTL has reached a high of $4.88, while it has fallen to a 52-week low of $1.19. The 50-Day Moving Average of the stock is 3.73%, while the 200-Day Moving Average is calculated to be 36.07%.
Shares Statistics:
It appears that CMTL traded 221.86K shares on average per day over the past three months and 167380 shares per day over the past ten days. A total of 29.41M shares are outstanding, with a floating share count of 26.56M. Insiders hold about 10.31% of the company’s shares, while institutions hold 41.87% stake in the company. Shares short for CMTL as of 1763078400 were 1005571 with a Short Ratio of 4.53, compared to 1760486400 on 1124830. Therefore, it implies a Short% of Shares Outstanding of 1005571 and a Short% of Float of 3.45.
Earnings Estimates
The stock of Comtech Telecommunications Corp (CMTL) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.35, with high estimates of -$0.35 and low estimates of -$0.35. Analysts are recommending an EPS of between -$1.34 and -$1.34 for the fiscal current year, implying an average EPS of -$1.34.
Revenue Estimates
In. The current quarter, 1 analysts expect revenue to total $110.36M. It ranges from a high estimate of $110.36M to a low estimate of $110.36M. As of. The current estimate, Comtech Telecommunications Corp’s year-ago sales were $115.8MFor the next quarter, 1 analysts are estimating revenue of $113.58M. There is a high estimate of $113.58M for the next quarter, whereas the lowest estimate is $113.58M.
A total of 1 analysts have provided revenue estimates for CMTL’s current fiscal year. The highest revenue estimate was $459.06M, while the lowest revenue estimate was $459.06M, resulting in an average revenue estimate of $459.06M. In the same quarter a year ago, actual revenue was $499.53M
