Ratio Revelations: Comtech Telecommunications Corp. (CMTL)’s Financial Metrics in the Spotlight

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

Comtech Telecommunications Corp. (NASDAQ: CMTL) closed the day trading at $1.68 down -8.70% from the previous closing price of $1.84. In other words, the price has decreased by -$8.70 from its previous closing price. On the day, 0.73 million shares were traded. CMTL stock price reached its highest trading level at $1.9 during the session, while it also had its lowest trading level at $1.67.

Ratios:

For a better understanding of CMTL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.06.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on December 15, 2023, initiated with a Buy rating and assigned the stock a target price of $18.25.

On December 08, 2023, Jefferies Downgraded its rating to Underperform which previously was Hold and also lowered its target price recommendation from $10 to $7.50.

Jefferies Downgraded its Buy to Hold on June 15, 2022, whereas the target price for the stock was revised from $32 to $10.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 26 ’23 when Carpenter Wendi B. bought 1,000 shares for $9.60 per share. The transaction valued at 9,600 led to the insider holds 4,506 shares of the business.

Quinlan Mark R. bought 100,000 shares of CMTL for $888,570 on Jun 21 ’23. The Director now owns 347,639 shares after completing the transaction at $8.89 per share. On Jun 15 ’23, another insider, Carpenter Wendi B., who serves as the Director of the company, bought 1,000 shares for $9.20 each. As a result, the insider paid 9,200 and bolstered with 3,500 shares of the company.

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 52548216 and an Enterprise Value of 383679008. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 0.672 whereas that against EBITDA is 8.084.

Stock Price History:

The Beta on a monthly basis for CMTL is 1.57, which has changed by -0.8318099 over the last 52 weeks, in comparison to a change of 0.25590587 over the same period for the S&P500. Over the past 52 weeks, CMTL has reached a high of $13.04, while it has fallen to a 52-week low of $1.53. The 50-Day Moving Average of the stock is -50.40%, while the 200-Day Moving Average is calculated to be -78.35%.

Shares Statistics:

Over the past 3-months, CMTL traded about 591.34K shares per day on average, while over the past 10 days, CMTL traded about 457280 shares per day. A total of 28.06M shares are outstanding, with a floating share count of 26.46M. Insiders hold about 7.06% of the company’s shares, while institutions hold 71.45% stake in the company. Shares short for CMTL as of 1713139200 were 2727639 with a Short Ratio of 4.61, compared to 1710460800 on 1486888. Therefore, it implies a Short% of Shares Outstanding of 2727639 and a Short% of Float of 9.790000000000001.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.23.

Earnings Estimates

The market rating for Comtech Telecommunications Corp. (CMTL) is a result of the insights provided by 4.0 analysts actively involved in the assessment.On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.19 and a low estimate of -$0.15, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.12, with high estimates of $0.25 and low estimates of -$0.11.

Analysts are recommending an EPS of between $0.5 and -$0.19 for the fiscal current year, implying an average EPS of $0.15. EPS for the following year is $0.67, with 4.0 analysts recommending between $1.0 and $0.22.

Revenue Estimates

For the next quarter, 4 analysts are estimating revenue of $146.11M. There is a high estimate of $166.7M for the next quarter, whereas the lowest estimate is $134.22M.

A total of 4 analysts have provided revenue estimates for CMTL’s current fiscal year. The highest revenue estimate was $597.3M, while the lowest revenue estimate was $551.25M, resulting in an average revenue estimate of $568.67M. In the same quarter a year ago, actual revenue was $549.99MBased on 4 analysts’ estimates, the company’s revenue will be $634.75M in the next fiscal year. The high estimate is $727M and the low estimate is $555M.

Most Popular

[the_ad id="945"]