Comtech Telecommunications (CMTL)

• Market cap: $107M
• 1 day: 22.59%
• 5 days: 10.15%
• 1 month: 21.78%
• 3 months: -2.64%
• 6 months: -3.15%
• Year to date: -54.50%
• 1 year: -51.83%
• 5 years: -89.53%
• 10 years: -88.33%
• Sector: Communication Services
• Industry: Radio & TV Broadcasting & Communications Equipment

About: Comtech Telecommunications Corp is a provider of modern communications solution incorporated in USA. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. It's Space and satellite is USA based providers of modems and high-power amplifiers, a market leader in troposcatter technologies, and serves some of the world's defense contractors and allied foreign governments. Terrestrial and Wireless Networks segment is a provider of next generation 911 infrastructure and solutions for state and local governments and carriers. Majority of sales are generated from Satellite and Space Communications segment.

Employees: 1,676

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2,509% more call options, than puts

Call options by funds: $3.89M | Put options by funds: $149K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

51% more capital invested

Capital invested by funds: $46.8M [Q2] → $70.6M (+$23.8M) [Q3]

2.63% less ownership

Funds ownership: 54.18% [Q2] → 51.55% (-2.63%) [Q3]

32% less funds holding

Funds holding: 99 [Q2] → 67 (-32) [Q3]

52% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 29

82% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 39

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $9.25 151% upside
• Avg. target: $9.25 151% upside
• High target: $9.25 151% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

B. Riley Securities Mike Crawford 69% 1-year accuracy 9 / 13 met price target

151% upside $9.25

Buy Maintained

4 Nov 2024