In the last trading session, 0.19 million shares of the Comtech Telecommunications Corp (NASDAQ:CMTL) were traded, and its beta was 1.17. Most recently the company’s share price was $2.27, and it changed around $0.08 or 3.65% from the last close, which brings the market valuation of the company to $66.62M. CMTL currently trades at a discount to its 52-week high of $5.16, offering almost -127.31% off that amount. The share price’s 52-week low was $1.19, which indicates that the current value has risen by an impressive 47.58% since then.
Comtech Telecommunications Corp stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended CMTL as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Comtech Telecommunications Corp (NASDAQ:CMTL) trade information
Instantly CMTL has showed a green trend with a performance of 3.65% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.30 on recent trading dayincreased the stock’s daily price by 1.3%. The company’s shares are currently down -43.39% year-to-date, but still up 24.73% over the last five days. On the other hand, Comtech Telecommunications Corp (NASDAQ:CMTL) is 62.14% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 74.78% from its current value. Analyst projections state that CMTL is forecast to be at a low of $3.5 and a high of $14.5.
CMTL Dividends
Comtech Telecommunications Corp’s next quarterly earnings report is expected to be released in June.
NEEDHAM INVESTMENT MANAGEMENT LLC, with 4.4188% or 1.27 million shares worth $3.86 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Needham Funds Inc-Needham Aggressive Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 1.43 shares worth $3.25 million, making up 4.88% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 863.56 shares worth around $1.96 million, which represents about 2.94% of the total shares outstanding.
