A share price of Comtech Telecommunications Corp [CMTL] is currently trading at $3.49, up 7.21%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CMTL shares have gain 15.35% over the last week, with a monthly amount drifted -11.07%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Comtech Telecommunications Corp [NASDAQ: CMTL] stock has seen the most recent analyst activity on June 25, 2024, when Jefferies upgraded its rating to a Hold but kept the price target unchanged to $3.50 for it. Previously, B. Riley Securities started tracking the stock with Buy rating on December 15, 2023, and set its price target to $18.25. On December 08, 2023, downgrade downgraded it’s rating to Underperform and revised its price target to $7.50 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $10 on June 15, 2022. Noble Capital Markets upgraded its rating to a Outperform but $12 remained the price target by the analyst firm on June 13, 2022. Noble Capital Markets downgraded its rating to Market Perform for this stock on October 05, 2021. In a note dated December 17, 2020, Jefferies upgraded an Buy rating on this stock but restated the target price of $27.
Comtech Telecommunications Corp experienced fluctuations in its stock price throughout the past year between $1.53 and $12.51. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Comtech Telecommunications Corp [NASDAQ: CMTL] shares were valued at $3.49 at the most recent close of the market. An investor can expect a potential return of 157.88% based on the average CMTL price forecast.
Analyzing the CMTL fundamentals
Trailing Twelve Months sales for Comtech Telecommunications Corp [NASDAQ:CMTL] were 540.40M which represents -15.20% decline. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.19%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.16 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.
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 3.30 points at the first support level, and at 3.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.60, and for the 2nd resistance point, it is at 3.70.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Comtech Telecommunications Corp [NASDAQ:CMTL] is 1.83. Also, the Quick Ratio is 1.33, while the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 0.19, the price to book ratio is 0.33.
