A share price of Comtech Telecommunications Corp. [CMTL] is currently trading at $2.05, up 9.63%. An important factor to consider is whether the stock is rising or falling in short-term value. The CMTL shares have gain 10.81% over the last week, with a monthly amount drifted -41.60%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Comtech Telecommunications Corp. [NASDAQ: CMTL] stock has seen the most recent analyst activity on December 15, 2023, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $18.25. Previously, Jefferies downgraded its rating to Underperform on December 08, 2023, and dropped its price target to $7.50. On June 15, 2022, downgrade downgraded it’s rating to Hold and revised its price target to $10 on the stock. Noble Capital Markets upgraded its rating to a Outperform but stick to its price target of $12 on June 13, 2022. Noble Capital Markets downgraded its rating to a Market Perform. Jefferies upgraded its rating to Buy for this stock on December 17, 2020, but kept the price target unchanged to $27. In a note dated May 17, 2018, Citigroup initiated an Neutral rating and provided a target price of $33 on this stock.
Comtech Telecommunications Corp. experienced fluctuations in its stock price throughout the past year between $1.53 and $13.04. Currently, Wall Street analysts expect the stock to reach $14.5 within the next 12 months. Comtech Telecommunications Corp. [NASDAQ: CMTL] shares were valued at $2.05 at the most recent close of the market. An investor can expect a potential return of 607.32% based on the average CMTL price forecast.
Analyzing the CMTL fundamentals
Trailing Twelve Months sales for Comtech Telecommunications Corp. [NASDAQ:CMTL] were 571.27M which represents 0.37% growth. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.90 points at the first support level, and at 1.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.13, and for the 2nd resistance point, it is at 2.21.
Comtech Telecommunications Corp. [CMTL] reported earnings per share of -$0.15 for its fiscal quarter that ended on 1/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.22/share, meaning a difference of -$0.37 and a surprise factor of -168.20%. By comparison, the stated earnings for the previous quarter ended on 10/31/2023 were $0.24 per share as compared to estimates of $0.26 per share, a difference of -$0.02 representing a surprise of -7.70%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Comtech Telecommunications Corp. [NASDAQ:CMTL] is 0.99. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.10, the price to book ratio is 0.22.
Transactions by insiders
Recent insider trading involved Carpenter Wendi B., Director, that happened on Jun 26 ’23 when 1000.0 shares were purchased. Director, Quinlan Mark R. completed a deal on Jun 21 ’23 to buy 100000.0 shares. Meanwhile, Director Carpenter Wendi B. bought 1000.0 shares on Jun 15 ’23.
