CMTL Chart
About

Comtech Telecommunications Corp., together with its subsidiaries, provides critical communications technology and solutions in the United States and internationally. It operates through Satellite and Space Communications; and Allerium segments. The Satellite and Space Communications segment offers satellite ground infrastructure technologies, services, and system integration that facilitates the transmission of voice, video, and data over GEO, MEO and LEO satellite constellations, including traveling wave tube power amplifiers, satellite modems, VSAT platforms, and frequency converters; and advanced cybersecurity training services. This segment also provides over-the-horizon microwave troposcatter equipment that can transmit digitized voice, video, and data over distances up to 200 miles using the troposphere and diffraction, as well as engages in the procurement and supply chain management of electrical, electronic, and electromechanical parts for satellite, launch vehicle, and manned space applications. Its Allerium segment offers 911 solutions, which includes emergency call routing, location validation, policy-based routing rules, logging, and security functionality; emergency services IP network transport infrastructure for emergency services communications and support; call handling applications for public safety answering points; wireless emergency alerts solutions for network operators; and software and equipment for location-based and text messaging services for various applications, including public safety, commercial, and government services. The company serves defense contractors, governments, and telecommunications companies. Comtech Telecommunications Corp. was founded in 1967 and is headquartered in Chandler, Arizona.

Fundamentals
Scroll to Statements
Sector Technology Industry Communication Equipment Market Cap 166.00M
Enterprise Value 574.03M Income -68.17M Sales 494.76M
Book/sh 2.89 Cash/sh 1.47 Dividend Yield —
Payout 0.00% Employees 1345 IPO —
P/E — Forward P/E -6.83 PEG —
P/S 0.34 P/B 1.94 P/C —
EV/EBITDA 16.63 EV/Sales 1.16 Quick Ratio 1.17
Current Ratio 1.70 Debt/Eq 92.56 LT Debt/Eq —
EPS (ttm) -2.33 EPS next Y -0.82 EPS Growth —
Revenue Growth -4.10% Earnings 2026-03-10 ROA 0.18%
ROE -7.88% ROIC — Gross Margin 30.34%
Oper. Margin 0.35% Profit Margin -4.60% Shs Outstand 29.64M
Shs Float 26.88M Short Float 2.85% Short Ratio 2.00
Short Interest — 52W High 6.21 52W Low 1.19
Beta 1.02 Avg Volume 338.24K Volume 153.58K
Target Price $6.00 Recom None Prev Close $5.41
Price $5.60 Change 3.51%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.00
Mean price target
2. Current target
$5.60
Latest analyst target
3. DCF / Fair value
$30.81
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.60
Low
$6.00
High
$6.00
Mean
$6.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-06-10 main B. Riley Securities Buy → Buy $6
2025-01-14 main B. Riley Securities Buy → Buy $7
2024-11-04 main B. Riley Securities Buy → Buy $9
2023-12-15 init B. Riley Securities — → Buy $18
2023-06-27 main Citigroup Neutral → Neutral $11
2023-06-09 reit Citigroup — → Neutral $14
2022-12-12 main Citigroup — → Neutral $15
2022-06-15 down Jefferies Buy → Hold $10
2022-06-13 up Noble Capital Markets Market Perform → Outperform $12
2022-06-10 main Citigroup — → Neutral $14
2021-12-13 main Citigroup — → Neutral $27
2021-10-05 down Noble Capital Markets Outperform → Market Perform —
2021-10-05 main Citigroup — → Neutral $24
2021-06-09 main Citigroup — → Neutral $26
2021-06-09 main Northland Capital Markets — → Outperform $28
2020-12-17 up Jefferies Hold → Buy $27
2020-03-31 main Citigroup — → Neutral $17
2019-09-26 main Citigroup — → Neutral $36
2018-09-28 main BMO Capital Outperform → Outperform $40
2018-06-08 main Citigroup Neutral → Neutral $34
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 1019 — — GIZINSKI DANIEL Officer — 2026-02-04 00:00:00 D nan
1 54645 — — TRAUB KENNETH H Chief Executive Officer — 2026-01-23 00:00:00 D nan
2 4036 — — ROBERTSON JEFFERY PAUL Officer — 2026-01-09 00:00:00 D nan
3 2605 — Stock Award(Grant) at price 0.00 per share. WALTHER DONALD E. Officer — 2025-11-07 00:00:00 D —
4 1193 — Stock Award(Grant) at price 0.00 per share. GIZINSKI DANIEL Officer — 2025-11-07 00:00:00 D —
5 5015 — Stock Award(Grant) at price 0.00 per share. BONDI MICHAEL A. Chief Financial Officer — 2025-11-07 00:00:00 D —
6 15946 — — WALTHER DONALD E. Officer — 2025-09-30 00:00:00 D nan
7 4907 — — ROBERTSON JEFFERY PAUL Officer — 2025-09-30 00:00:00 D nan
8 8893 — — GIZINSKI DANIEL Officer — 2025-09-30 00:00:00 D nan
9 17755 — — BONDI MICHAEL A. Chief Financial Officer — 2025-09-30 00:00:00 D nan
Financials
Line Item2025-07-312024-07-312023-07-312022-07-31
TaxEffectOfUnusualItems-257.72K-5.36M-1.16M-2.59M
TaxRateForCalcs0.000.080.130.11
NormalizedEBITDA-21.22M22.06M27.75M23.46M
TotalUnusualItems-54.83M-66.20M-9.09M-23.80M
TotalUnusualItemsExcludingGoodwill-54.83M-66.20M-9.09M-23.80M
NetIncomeFromContinuingOperationNetMinorityInterest-155.30M-99.98M-26.90M-33.05M
ReconciledDepreciation33.52M33.31M33.32M31.71M
ReconciledCostOfRevenue359.86M371.06M353.61M296.09M
EBITDA-76.06M-44.14M18.66M-334.00K
EBIT-109.58M-77.45M-14.66M-32.04M
NetInterestIncome-45.80M-22.83M-16.19M-4.33M
InterestExpense45.80M22.83M16.19M5.03M
InterestIncome703.00K139.00K
NormalizedIncome-100.73M-39.15M-18.97M-11.85M
NetIncomeFromContinuingAndDiscontinuedOperation-155.30M-99.98M-26.90M-33.05M
TotalExpenses554.27M551.65M555.56M495.19M
TotalOperatingIncomeAsReported-139.10M-79.89M-14.66M-33.75M
DilutedAverageShares29.41M28.80M28.00M26.51M
BasicAverageShares29.41M28.80M28.00M26.51M
DilutedEPS-6.95-4.70-1.21-1.63
BasicEPS-6.95-4.70-1.21-1.63
DilutedNIAvailtoComStockholders-204.25M-135.44M-33.91M-43.27M
NetIncomeCommonStockholders-204.25M-135.44M-33.91M-43.27M
OtherunderPreferredStockDividend-51.18M23.90M0.005.01M
PreferredStockDividends100.13M11.55M7.01M5.20M
NetIncome-155.30M-99.98M-26.90M-33.05M
NetIncomeIncludingNoncontrollingInterests-155.30M-99.98M-26.90M-33.05M
NetIncomeContinuousOperations-155.30M-99.98M-26.90M-33.05M
TaxProvision-80.00K-295.00K-3.95M-4.02M
PretaxIncome-155.38M-100.28M-30.85M-37.08M
OtherIncomeExpense-54.83M-66.20M-9.09M-23.80M
SpecialIncomeCharges-93.33M-70.47M-9.09M-24.80M
GainOnSaleOfBusiness0.00-1.20M0.000.00
OtherSpecialCharges2.68M11.25M
WriteOff8.98M1.83M0.000.00
ImpairmentOfCapitalAssets79.56M64.53M0.000.00
RestructuringAndMergernAcquisition2.12M2.92M9.09M13.55M
GainOnSaleOfSecurity38.50M4.27M1.00M
NetNonOperatingInterestIncomeExpense-45.80M-22.83M-16.19M-4.33M
InterestExpenseNonOperating45.80M22.83M16.19M5.03M
InterestIncomeNonOperating703.00K139.00K
OperatingIncome-54.74M-11.25M-5.57M-8.95M
OperatingExpense182.62M168.43M190.03M188.79M
DepreciationAmortizationDepletionIncomeStatement21.72M21.15M21.40M21.40M
DepreciationAndAmortizationInIncomeStatement21.72M21.15M21.40M21.40M
Amortization21.72M21.15M21.40M21.40M
AmortizationOfIntangiblesIncomeStatement21.72M21.15M21.40M21.40M
ResearchAndDevelopment17.41M24.08M48.63M52.53M
SellingGeneralAndAdministration143.49M123.20M120.00M114.86M
GrossProfit127.87M157.18M184.46M179.84M
CostOfRevenue371.65M383.22M365.53M306.40M
TotalRevenue499.53M540.40M549.99M486.24M
OperatingRevenue499.53M540.40M549.99M486.24M
Line Item2025-07-312024-07-312023-07-312022-07-31
TreasurySharesNumber15.03M15.03M15.03M15.03M
OrdinarySharesNumber29.41M28.73M28.06M27.64M
ShareIssued44.44M43.77M43.10M42.67M
NetDebt174.03M145.14M145.44M108.35M
TotalDebt250.68M215.70M214.81M183.11M
TangibleBookValue-273.31M-172.75M-135.30M-128.41M
InvestedCapital318.47M483.83M602.70M596.59M
WorkingCapital111.94M153.00M93.52M69.87M
NetTangibleAssets-83.76M7.32M-23.09M-23.21M
CapitalLeaseObligations36.63M38.13M50.41M53.11M
CommonStockEquity104.42M306.25M438.30M466.58M
PreferredStockEquity189.54M180.08M112.21M105.20M
TotalCapitalization503.97M659.86M710.54M701.79M
TotalEquityGrossMinorityInterest293.97M486.33M550.51M571.79M
StockholdersEquity293.97M486.33M550.51M571.79M
TreasuryStock441.85M441.85M441.85M441.85M
RetainedEarnings-6.89M103.58M238.91M278.68M
AdditionalPaidInCapital548.72M640.14M636.92M625.48M
CapitalStock193.99M184.45M116.52M109.47M
CommonStock4.44M4.38M4.31M4.27M
PreferredStock189.54M180.08M112.21M105.20M
TotalLiabilitiesNetMinorityInterest446.87M426.11M445.73M402.51M
TotalNonCurrentLiabilitiesNetMinorityInterest288.62M242.56M233.76M209.05M
OtherNonCurrentLiabilities3.95M4.06M1.84M6.29M
DerivativeProductLiabilities17.85M5.25M
TradeandOtherPayablesNonCurrent1.82M2.23M2.21M3.01M
NonCurrentDeferredLiabilities25.62M27.23M27.91M25.33M
NonCurrentDeferredRevenue21.00M21.04M18.42M9.97M
NonCurrentDeferredTaxesLiabilities4.62M6.19M9.49M15.36M
LongTermDebtAndCapitalLeaseObligation239.38M203.78M201.79M174.42M
LongTermCapitalLeaseObligation29.38M30.26M41.76M44.42M
LongTermDebt210.00M173.53M160.03M130.00M
CurrentLiabilities158.25M183.55M211.97M193.46M
OtherCurrentLiabilities13.63M7.31M12.32M13.44M
CurrentDeferredLiabilities62.55M65.83M66.35M64.60M
CurrentDeferredRevenue62.55M65.83M66.35M64.60M
CurrentDebtAndCapitalLeaseObligation11.30M11.92M13.02M8.69M
CurrentCapitalLeaseObligation7.25M7.87M8.64M8.69M
CurrentDebt4.05M4.05M4.38M
OtherCurrentBorrowings4.05M4.05M4.38M
PayablesAndAccruedExpenses70.78M98.48M120.28M106.74M
CurrentAccruedExpenses44.81M56.01M56.03M59.40M
InterestPayable15.00K1.07M1.37M172.00K
Payables25.96M42.48M64.24M47.34M
DividendsPayable0.002.75M2.60M
AccountsPayable25.96M42.48M64.24M44.59M
TotalAssets740.84M912.43M996.24M974.30M
TotalNonCurrentAssets470.65M575.88M690.75M710.97M
OtherNonCurrentAssets16.79M14.71M17.36M14.83M
NonCurrentDeferredAssets1.91M3.25M2.35M1.01M
GoodwillAndOtherIntangibleAssets377.73M479.01M573.60M595.00M
OtherIntangibleAssets173.10M194.83M225.91M247.30M
Goodwill204.62M284.18M347.69M347.69M
NetPPE74.22M78.92M97.44M100.13M
AccumulatedDepreciation-146.56M-141.12M-150.48M-150.83M
GrossPPE220.78M220.04M247.92M250.96M
Leases17.70M17.18M9.68M14.26M
OtherProperties30.81M31.59M44.41M49.77M
MachineryFurnitureEquipment172.27M171.27M193.83M186.94M
Properties0.000.000.000.00
CurrentAssets270.19M336.55M305.49M263.33M
OtherCurrentAssets16.38M15.39M17.52M21.65M
PrepaidAssets21.65M18.17M
Inventory68.95M93.14M105.84M96.32M
InventoriesAdjustmentsAllowances-26.42M-18.27M-24.66M-23.12M
WorkInProcess31.36M38.59M43.37M40.96M
RawMaterials64.02M72.82M87.14M78.48M
Receivables144.84M195.59M163.16M123.71M
ReceivablesAdjustmentsAllowances-19.16M-1.93M-2.09M-2.34M
OtherReceivables106.28M144.42M112.81M66.13M
AccountsReceivable57.71M53.11M52.44M59.92M
CashCashEquivalentsAndShortTermInvestments40.02M32.43M18.96M21.65M
CashAndCashEquivalents40.02M32.43M18.96M21.65M
Line Item2025-07-312024-07-312023-07-312022-07-31
FreeCashFlow-16.86M-67.58M-22.74M-17.62M
RepaymentOfDebt-56.75M-48.80M-1.88M-15.00K
IssuanceOfDebt100.00M157.14M0.000.00
IssuanceOfCapitalStock0.0043.20M0.00100.00M
CapitalExpenditure-8.56M-13.08M-18.31M-19.62M
InterestPaidSupplementalData27.72M18.10M11.91M4.09M
IncomeTaxPaidSupplementalData1.88M4.88M361.00K2.91M
EndCashPosition40.02M32.43M18.96M21.65M
BeginningCashPosition32.43M18.96M21.65M30.86M
ChangesInCash7.59M13.47M-2.69M-9.21M
FinancingCashFlow24.44M47.83M20.05M8.41M
CashFlowFromContinuingFinancingActivities24.44M47.83M20.05M8.41M
NetOtherFinancingCharges-3.91M-18.40M-6.78M-10.26M
ProceedsFromStockOptionExercised118.00K254.00K470.00K734.00K
CashDividendsPaid-158.00K-268.00K-8.66M-11.05M
CommonStockDividendPaid-158.00K-268.00K-8.66M-11.05M
NetPreferredStockIssuance0.0043.20M0.00100.00M
PreferredStockIssuance0.0043.20M0.00100.00M
NetIssuancePaymentsOfDebt28.39M23.04M35.02M-71.02M
NetShortTermDebtIssuance-14.86M-85.30M36.90M-71.00M
NetLongTermDebtIssuance43.25M108.34M-1.88M-15.00K
LongTermDebtPayments-56.75M-48.80M-1.88M-15.00K
LongTermDebtIssuance100.00M157.14M0.000.00
InvestingCashFlow-8.56M20.14M-18.31M-19.62M
CashFlowFromContinuingInvestingActivities-8.56M20.14M-18.31M-19.62M
NetBusinessPurchaseAndSale0.0033.23M0.000.00
SaleOfBusiness0.0033.23M0.000.00
PurchaseOfBusiness0.000.00-750.00K
NetPPEPurchaseAndSale-8.56M-13.08M-18.31M-19.62M
PurchaseOfPPE-8.56M-13.08M-18.31M-19.62M
OperatingCashFlow-8.29M-54.49M-4.43M2.00M
CashFlowFromContinuingOperatingActivities-8.29M-54.49M-4.43M2.00M
ChangeInWorkingCapital8.70M-60.50M-22.52M-7.08M
ChangeInOtherWorkingCapital-3.32M2.75M10.19M-1.36M
ChangeInOtherCurrentLiabilities-12.00K14.00K-324.00K-3.69M
ChangeInOtherCurrentAssets-2.07M-717.00K-3.36M-6.66M
ChangeInPayablesAndAccruedExpense-25.59M-20.76M23.90M-5.34M
ChangeInAccruedExpense-10.02M459.00K1.87M-11.10M
ChangeInInterestPayable-1.06M-296.00K1.20M-22.00K
ChangeInPayable-15.57M-21.22M22.04M5.76M
ChangeInAccountPayable-15.19M-18.93M20.36M6.83M
ChangeInTaxPayable-380.00K-2.29M1.67M-1.07M
ChangeInIncomeTaxPayable-380.00K-2.29M1.67M-1.07M
ChangeInPrepaidAssets-1.16M4.28M1.66M-3.19M
ChangeInInventory7.71M-7.76M-14.88M-20.41M
ChangeInReceivables33.15M-38.30M-39.71M33.57M
ChangesInAccountReceivables33.15M-38.30M-39.71M33.57M
OtherNonCashItems28.19M3.00M-1.32M-2.85M
StockBasedCompensation3.12M6.10M13.87M15.15M
ProvisionandWriteOffofAssets33.81M4.22M5.13M5.29M
AssetImpairmentCharge79.56M64.53M0.000.00
DeferredTax-1.70M-2.99M-6.06M-5.86M
DeferredIncomeTax-1.70M-2.99M-6.06M-5.86M
DepreciationAmortizationDepletion33.52M33.31M33.32M31.71M
DepreciationAndAmortization33.52M33.31M33.32M31.71M
AmortizationCashFlow21.72M21.15M21.40M21.40M
AmortizationOfIntangibles21.72M21.15M21.40M21.40M
Depreciation11.80M12.16M11.92M10.31M
OperatingGainsLosses-38.19M-2.19M48.00K-1.31M
GainLossOnInvestmentSecurities-38.50M-4.27M-1.00M
GainLossOnSaleOfPPE310.00K889.00K48.00K-310.00K
GainLossOnSaleOfBusiness0.001.20M0.000.00
NetIncomeFromContinuingOperations-155.30M-99.98M-26.90M-33.05M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CMTL
Date User Asset Broker Type Position Size Entry Price Patterns