Technology · Communication Equipment
Price
$2.07
Market Cap
$62.0M
Employees
1,500
Beta
1.40
Avg Volume
497,433
CEO
Kenneth H. Traub
Business Description
Comtech Telecommunications Corp., founded in 1967 and headquartered in Melville, New York, is a global innovator in communication solutions. The company actively develops, manufactures, and supplies a wide array of products, systems, and services to both commercial and government clients across the United States and internationally. Its Commercial Solutions segment offers sophisticated satellite ground station technologies. This includes various modems (such as single channel per carrier and time division multiple access units), amplifiers, frequency converters, and network software designed to modulate, demodulate, and amplify signals for transmitting voice, video, and data over networks. This segment also provides critical public safety and location services, like 911 call handling and mapping solutions, enabling cellular and voice-over-IP carriers to effectively route emergency calls to public safety answering points. The Government Solutions segment delivers advanced tactical satellite-based networks, comprising satellite modems, ruggedized routers, and solid-state drives. It also provides essential sustainment services for both secure and unclassified Internet Protocol router access points, along with small aperture terminals. Furthermore, this segment offers high-performance transmission technologies utilized in demanding applications such as electronic warfare, radar, and identification friend or foe (IFF) systems. Complementing these are troposcatter technologies for satellite communication and powerful radio frequency microwave amplifiers and related switching control systems, which find use in electronic warfare, general communications, radar, IFF, and medical applications. Comtech serves a diverse clientele that encompasses satellite systems integrators, wireless and other communication service providers, satellite broadcasters, prime contractors, system suppliers, medical equipment manufacturers, aviation industry integrators, oil companies, and domestic and international defense and government organizations, as well as end-users.
Business History
Price Overview
Last updated: Jun 28, 2026 12:12pm (just now)$2.07
+0.02 (+0.98%)
Day Range
$1.99 – $2.20
52-Week Range
$1.80 – $6.21
50-Day MA
$3.94
200-Day MA
$3.97
Volume
1,569,842.00
Analyst Price Targets
Low
$3.50
Consensus
$9.00
High
$14.50
(2 analysts)
Share Structure
Outstanding
29,961,431.00
Float
29,165,295.00
Free Float
97.3%
High free float
— 97.3% of shares trade freely, ~2.7% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-0.30
Stock Price: $2.07
EPS (Diluted): -6.95
EPS (Diluted): -6.95
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.22
Stock Price: $2.07
Total Equity: $293.97M
Shares: 29,405,000
Total Equity: $293.97M
Shares: 29,405,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-1.20
Market Cap: $62.02M
Total Debt: $214.05M
Cash: $40.02M
EBITDA: -$76.06M
Total Debt: $214.05M
Cash: $40.02M
EBITDA: -$76.06M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$274.5M
Market Cap: $62.02M
Total Debt: $214.05M
Cash: $40.02M
Total Debt: $214.05M
Cash: $40.02M
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
0.13
Stock Price: $2.07
Revenue: $499.53M
Shares: 29,405,000
Revenue: $499.53M
Shares: 29,405,000
EV/Sales (Total value vs revenue — works when P/E can't)
API0.55
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
25.6%
Gross Profit: $127.87M
Revenue: $499.53M
Revenue: $499.53M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-27.8%
Operating Income: -$139.10M
Revenue: $499.53M
Revenue: $499.53M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-31.1%
Net Income: -$155.30M
Revenue: $499.53M
Revenue: $499.53M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
-9.1%
Net Income: -$155.30M
Total Equity: $293.97M
Total Equity: $293.97M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
0.1%
Operating Income: -$139.10M
Tax Rate: 0.1%
Equity: $293.97M
Total Debt: $214.05M
Cash: $40.02M
Tax Rate: 0.1%
Equity: $293.97M
Total Debt: $214.05M
Cash: $40.02M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.71
Current Assets: $270.19M
Current Liabilities: $158.25M
Current Liabilities: $158.25M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.73
Short-Term Debt: $4.05M
Long-Term Debt: $210.00M
Total Debt: $214.05M
Total Equity: $293.97M
Long-Term Debt: $210.00M
Total Debt: $214.05M
Total Equity: $293.97M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$16.99
Revenue: $499.53M
Shares: 29,405,000
Shares: 29,405,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$10.00
Total Equity: $293.97M
Shares: 29,405,000
Shares: 29,405,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.57
Operating CF: -$8.29M
CapEx: -$8.57M
Shares: 29,405,000
CapEx: -$8.57M
Shares: 29,405,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.2%
Last Dividend: N/A
Stock Price: $2.07
Stock Price: $2.07
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$155.30M
Net Income: -$155.30M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares CMTL against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 23, 2026 12:19am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $581.7M | $486.2M | $550.0M | $540.4M | $499.5M |
| Cost of Revenue | $367.7M | $306.4M | $365.5M | $383.2M | $371.7M |
| Gross Profit | $214.0M | $179.8M | $184.5M | $157.2M | $127.9M |
| Operating Expenses | $282.3M | $213.6M | $199.1M | $237.1M | $267.0M |
| Operating Income | -$68.3M | -$33.8M | -$14.7M | -$79.9M | -$139.1M |
| Net Income | -$73.5M | -$33.1M | -$26.9M | -$100.0M | -$155.3M |
| EBITDA | -$37.8M | $-334,000 | $18.7M | -$44.1M | -$76.1M |
| EPS | $-2.86 | $-1.25 | $-0.96 | $-4.70 | $-6.95 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 23, 2026 12:19am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $30.9M | $21.7M | $19.0M | $32.4M | $40.0M |
| Total Current Assets | $287.5M | $263.3M | $305.5M | $336.6M | $270.2M |
| Total Assets | $993.1M | $974.3M | $996.2M | $912.4M | $740.8M |
| Current Liabilities | $203.6M | $193.5M | $212.0M | $183.5M | $158.2M |
| Long-Term Debt | $201.0M | $130.0M | $160.0M | $170.5M | $210.0M |
| Total Liabilities | $492.4M | $402.5M | $445.7M | $426.1M | $446.9M |
| Total Equity | $500.7M | $571.8M | $550.5M | $486.3M | $294.0M |
| Retained Earnings | $333.0M | $278.7M | $238.9M | $103.6M | -$6.9M |
Cash Flow (Annual)
Last updated: Jun 23, 2026 12:19am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$40.6M | $2.0M | -$4.4M | -$54.5M | -$8.3M |
| Capital Expenditure | -$16.0M | -$19.6M | -$18.3M | -$13.1M | -$8.6M |
| Free Cash Flow | -$56.7M | -$17.6M | -$22.7M | -$67.6M | -$16.9M |
| Acquisitions (net) | $554,000 | $0 | $0 | $33.2M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$2.8M | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$17.0M | -$9.2M | -$2.7M | $13.5M | $7.6M |
Analyst Estimates (Annual)
Last updated: Jun 28, 2026 12:12pm (just now)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$484.2M $484.2M – $484.2M
|
$433.1M $433.1M – $433.1M
|
$314.6M $314.6M – $314.6M
|
$269.5M $269.5M – $269.5M
|
| EBITDA |
-$25.7M -$25.7M – -$25.7M
|
-$23.0M -$23.0M – -$23.0M
|
-$16.7M -$16.7M – -$16.7M
|
-$14.3M -$14.3M – -$14.3M
|
| Net Income |
-$214.5M -$219.8M – -$209.1M
|
-$70.9M -$70.9M – -$70.9M
|
-$63.5M -$63.5M – -$63.5M
|
-$38.2M -$38.2M – -$38.2M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 23, 2026 12:19am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -16.4% | +13.1% | -1.7% | -7.6% |
| Gross Profit Growth | -15.9% | +2.6% | -14.8% | -18.6% |
| Operating Income Growth | +50.6% | +56.6% | -445.0% | -74.1% |
| Net Income Growth | +55.0% | +18.6% | -271.7% | -55.3% |
| EBITDA Growth | +99.1% | +5,686.2% | -336.6% | -72.3% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-18 | Gizinski Daniel | S-Sale | 200.00 | $2.60 | $520 |
| 2026-06-03 | Robertson Jeffery Paul | M-Exempt | 38,910.00 | $0.00 | $0 |
| 2026-06-03 | Robertson Jeffery Paul | M-Exempt | 38,910.00 | $0.00 | $0 |
| 2026-06-03 | Robertson Jeffery Paul | F-InKind | 19,798.00 | $5.64 | $111,661 |
| 2026-04-28 | Walther Donald E. | M-Exempt | 1,685.00 | $0.00 | $0 |
| 2026-04-28 | Walther Donald E. | M-Exempt | 28,986.00 | $0.00 | $0 |
| 2026-04-28 | Walther Donald E. | M-Exempt | 28,986.00 | $0.00 | $0 |
| 2026-04-28 | Walther Donald E. | F-InKind | 9,899.00 | $3.52 | $34,844 |
| 2026-04-28 | Walther Donald E. | M-Exempt | 1,685.00 | $0.00 | $0 |
| 2026-04-28 | Walther Donald E. | F-InKind | 576.00 | $3.52 | $2,028 |
| 2026-03-24 | Crawford Bruce T | A-Award | 36,620.00 | $0.00 | $0 |
| 2026-03-24 | Hildebrandt Michael | A-Award | 36,620.00 | $0.00 | $0 |
| 2026-03-24 | RAYMOND MARY JANE | A-Award | 36,620.00 | $0.00 | $0 |
| 2026-03-24 | Sprung Lloyd A. | A-Award | 36,620.00 | $0.00 | $0 |
| 2026-03-24 | Waldman Lawrence | A-Award | 36,620.00 | $0.00 | $0 |
| 2026-03-24 | Quinlan Mark R. | A-Award | 36,620.00 | $0.00 | $0 |
| 2026-02-04 | Gizinski Daniel | M-Exempt | 1,019.00 | $0.00 | $0 |
| 2026-02-04 | Gizinski Daniel | M-Exempt | 1,019.00 | $0.00 | $0 |
| 2026-02-04 | Gizinski Daniel | F-InKind | 460.00 | $5.29 | $2,433 |
| 2026-01-23 | Traub Kenneth | M-Exempt | 54,645.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jun 23, 2026 12:19am (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2023-01-17 | $0.10 | 2022-12-08 | 2023-01-18 | 2023-02-17 |
| 2022-10-18 | $0.10 | 2022-09-29 | 2022-10-19 | 2022-11-18 |
| 2022-07-19 | $0.10 | 2022-06-09 | 2022-07-20 | 2022-08-19 |
| 2022-04-19 | $0.10 | 2022-03-10 | 2022-04-20 | 2022-05-20 |
| 2022-01-18 | $0.10 | 2021-12-09 | 2022-01-19 | 2022-02-18 |
| 2021-10-12 | $0.10 | 2021-10-04 | 2021-10-13 | 2021-11-12 |
| 2021-07-20 | $0.10 | 2021-06-08 | 2021-07-21 | 2021-08-20 |
| 2021-04-20 | $0.10 | 2021-03-11 | 2021-04-21 | 2021-05-21 |
| 2021-01-19 | $0.10 | 2020-12-09 | 2021-01-20 | 2021-02-19 |
| 2020-10-13 | $0.10 | 2020-09-29 | 2020-10-14 | 2020-10-27 |
| 2020-07-14 | $0.10 | 2020-06-03 | 2020-07-15 | 2020-08-14 |
| 2020-04-14 | $0.10 | 2020-03-04 | 2020-04-15 | 2020-05-15 |
| 2020-01-14 | $0.10 | 2019-12-04 | 2020-01-15 | 2020-02-14 |
| 2019-10-15 | $0.10 | 2019-09-24 | 2019-10-16 | 2019-11-15 |
| 2019-07-16 | $0.10 | 2019-06-05 | 2019-07-17 | 2019-08-16 |
| 2019-04-16 | $0.10 | 2019-03-06 | 2019-04-17 | 2019-05-17 |
| 2019-01-15 | $0.10 | 2018-12-06 | 2019-01-16 | 2019-02-15 |
| 2018-10-16 | $0.10 | 2018-09-26 | 2018-10-17 | 2018-11-16 |
| 2018-07-13 | $0.10 | 2018-06-06 | 2018-07-16 | 2018-08-17 |
| 2018-04-17 | $0.10 | 2018-03-07 | 2018-04-18 | 2018-05-18 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for CMTL — it's generated by the pipeline (
market-narrative step).
No community reviews yet for CMTL.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30