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CMTL

Comtech

$30.26

0.2 (0.67%)

10:01
03/20/18
03/20
10:01
03/20/18
10:01

Comtech awarded $2M contract for MTTS deployable troposcatter system

Comtech Telecommunications announced that during its third quarter of fiscal 2018, its Orlando, Florida-based subsidiary, Comtech Systems, Inc., which is part of Comtech's Government Solutions segment, has received an order totaling approximately $2M to provide 50 Mb/s tactical troposcatter equipment to a leading supplier to the UAE Armed Forces. The Modular Transportable Transmission System troposcatter terminals purchased will be delivered to the UAE Armed Forces as a proof of concept vehicle to determine how the MTTS fits into their existing military communications scenario. Comtech's advanced 50 MB tropo modem was chosen because of its excellent field record with both international customers and the U.S. Military, as well as the unmatched performance of the Comtech CS67500 modem.

CMTL Comtech
$30.26

0.2 (0.67%)

09/29/17
NBLE
09/29/17
NO CHANGE
NBLE
Comtech weakness creates buying opportunity, says Noble Financial
Noble Financial analyst Mark Jordan says that Comtech's Q4 results were "positive." The analyst says that the company's profits and EBITDA are expected to increase significantly this year, excluding non-operating benefits and non-recurring IP payments from fiscal 2017. He thinks that the decline in the stock has created a buying opportunity, and he raised his price target on the name to $24 from $20.
12/08/17
BMOC
12/08/17
NO CHANGE
Target $26
BMOC
Outperform
Comtech price target raised to $26 from $21 at BMO Capital
BMO Capital analyst Tim Long raised his price target on Comtech to $26 after a Q1 earnings beat and FY18 guidance raise. Long says that while government business was still in decline, revenues came in above consensus and backlog was strong. The analyst expects that segment to recover in the second half of next year, with both Government and Commercial sides of the company "seeing significant contract activity". Long keeps his Outperform rating on Comtech.
03/09/18
BMOC
03/09/18
NO CHANGE
Target $35
BMOC
Outperform
Comtech price target raised to $35 from $26 at BMO Capital
BMO Capital analyst Tim Long raised his price target on Comtech to $35 after the company's Q2 earnings beat and raised FY18 guidance. Long also points to Comtech's backlog reaching "near-record levels", which he sees as particularly impressive in light of management's conservative exclusion of unfunded contracts. The analyst keeps his Outperform rating, also anticipating Comtech's return to growth in the government business.

TODAY'S FREE FLY STORIES

GME

GameStop

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$12.21

0.18 (1.50%)

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TEUM

Pareteum

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TCO

Taubman Centers

$52.24

1.86 (3.69%)

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SQ

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UAA

Under Armour

$19.48

-0.33 (-1.67%)

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UA

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SMTC

Semtech

$48.38

0.14 (0.29%)

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$NSD

NASDAQ Market Internals

$0.00

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GE

General Electric

$7.38

0.66 (9.82%)

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SAIA

Saia

$55.48

0.175 (0.32%)

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$NYE

NYSE Market Internals

$0.00

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AGI

Alamos Gold

$3.22

-0.19 (-5.57%)

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MAC

Macerich

$49.36

2.23 (4.73%)

, SPG

Simon Property

$184.56

2.05 (1.12%)

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MAC

Macerich

$49.36

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SPG

Simon Property

$184.56

2.05 (1.12%)

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BAC

Bank of America

$24.49

-0.04 (-0.16%)

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MGLN

Magellan Health

$60.63

2 (3.41%)

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ROKU

Roku

$35.30

0.1301 (0.37%)

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CTIC

CTI BioPharma

$1.49

(0.00%)

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GOOG

Alphabet

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Alphabet Class A

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GOOG

Alphabet

$1,075.83

12.27 (1.15%)

GOOGL

Alphabet Class A

$1,085.00

11.34 (1.06%)

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