How to Buy Comtech Telecommunications Stock
Comtech Telecommunications Corp
Comtech Telecommunications Corp. , together with its subsidiaries, designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally.
Comtech Telecommunications stock last closed at $12.44, down 1.03% from the previous day, and has decreased 20.97% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.09 percentage points. Comtech Telecommunications stock is currently +47.74% from its 52-week low of $8.42, and -26.26% from its 52-week high of $16.87.
As of Mar 21, 2023, there are 27.86M shares of CMTL outstanding. The market value of CMTL is $346.63M. In the past 24 hours, 103,813 CMTL shares were traded.
How to Buy Comtech Telecommunications Stock
Not sure how to invest in Comtech Telecommunications stock? Here's how.
- Decide where to buy Comtech Telecommunications stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Comtech Telecommunications stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your info.
- Research Comtech Telecommunications stock: The Comtech Telecommunications ticker symbol is CMTL. Is Comtech Telecommunications stock a good investment? Should you buy shares of CMTL? How do CMTL's underlying business fundamentals look? Do top analysts think Comtech Telecommunications is a good buy? Why has CMTL's stock price moved recently? (Hint: Our stock market research tools can help you decide if CMTL is a good stock to buy).
- Make your CMTL purchase: Decide if you will purchase CMTL shares at the current market price or use a limit order to buy CMTL shares at a given price.
- Get key alerts regarding your CMTL investment: Create a watchlist to watch your investment in Comtech Telecommunications stock.
Step 1: Decide where to buy Comtech Telecommunications stock
You need an online brokerage account in order to access the NASDAQ market and buy CMTL stock.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal details so you can buy CMTL stock today.
How to Create a New Account on eToro
- Click here to get started.
- Input your personal info to open your new brokerage account.
- Submit your application by pressing the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have opened your account on app for investing, you need to deposit funds:
Watch the walkthrough below to see the process of depositing money into your new investment account.
Step 4: Research Comtech Telecommunications stock
After you have chosen the best place to buy Comtech Telecommunications stock, it's absolutely critical to analyze their stock prior to investing, so you can comprehend the risk as well as the opportunity.
Comtech Telecommunications quick stats
Comtech Telecommunications Overview
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on CMTL's stock page.
Is CMTL stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge CMTL's fair value.
Using relative valuations metrics:
- CMTL could be undervalued based on its P/B ratio of 0.78x, relative to Communication Equipment industry P/B ratio of 3.26x
You can access more valuation research on CMTL's stock here.
Is CMTL a healthy company?
Positive Financial Indicators:
- CMTL has $21.50M in cash and short term investments. This is enough to cover its annual cash burn of $45.07M.
- There are more short-term assets than long-term liabilities on the CMTL balance sheet.
- There are more short-term assets than short-term liabilities on the CMTL balance sheet.
Negative Financial Indicators:
- Total CMTL debt is higher than 5 years ago, relative to shareholder equity.
- CMTL has cash burn of 45066000. It does not have enough cash and short-term investments to cover this.
- CMTL profit margin has gone down from -5.1% to -5.4% in the past year.
- CMTL has a relatively high debt to equity ratio of 0.96.
Is CMTL stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who give forecasts on CMTL, the consensus analyst rating on CMTL is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest CMTL Analyst Ratings
Asiya Merchant, a bottom 31% analyst from Citigroup maintains CMTL with a hold rating and raises their CMTL price target from $12.00 to $14.50, on Dec 12, 2022.
George Notter, a top 5% analyst from Jefferies downgrades CMTL to a hold rating and lowers their CMTL price target from $32.00 to $10.00, on Jun 15, 2022.
Joe Gomes, a bottom 31% analyst from Noble Capital Markets upgrades CMTL to a buy rating and announces their CMTL price target of $12.00, on Jun 13, 2022.
You can dig deeper into what analysts are forecasting on the Comtech Telecommunications stock forecast page.
Metrics for Advanced CMTL Traders
CMTL Growth Numbers
Last year, CMTL revenue was $513.96M. During the past 5 year, CMTL's revenue has increased by -0.64% per year. This was slower than the Communication Equipment industry average of 4.11%.
You can analyze CMTL's earnings and revenue performance here.
What are CMTL executives and large shareholders up to?
In the past 12 months, insiders at CMTL have sold more shares than they have bought.
Wendi B. Carpenter, Director of CMTL, was the latest CMTL insider to buy. They bought $12,590.00 worth of CMTL stock on Mar 14, 2023.
Dig into more about who owns CMTL stock here.
Does CMTL stock generate passive income?
Comtech Telecommunications pays a dividend of 3.22%, compared to the Communication Equipment industry's average dividend yield of 3.1%. If you owned $1,000 of CMTL stock, you would have been paid $32.15 in the past 12 months.
Comtech Telecommunications dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Comtech Telecommunications dividend yield and history here.
CMTL Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your CMTL purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, place a limit order.
Press the Open button and eToro will execute the order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your CMTL investment
Now that you own some CMTL stock, you'll want to keep up with your new company.
Make a watchlist to keep track of your CMTL stock.
CMTL Feed
How to Buy Stock in Comtech Telecommunications
To reiterate, here are the 6 steps for buying Comtech Telecommunications stock:
- Decide where to buy Comtech Telecommunications stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Research Comtech Telecommunications stock
- Make your CMTL purchase
- Get key alerts regarding your CMTL investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your new investment in Comtech Telecommunications, create a watchlist on WallStreetZen today.
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