By analyzing existing technical and fundamental indicators between Comtech Telecommunicatio and Knowles, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Knowles with a short position in Comtech Telecommunicatio. Check out our
pair correlation module for more information.
Let's begin by analyzing the assets. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Comtech Telecommunicatio has an asset utilization ratio of 69.85 percent. This denotes that the company is making $0.7 for each dollar of assets. An increasing asset utilization means that Comtech Telecommunications Corp is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Comtech or Aviat is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.
understanding Comtech Telecommunicatio dividends
A dividend is the distribution of a portion of Comtech Telecommunicatio earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Comtech Telecommunicatio dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Comtech one year expected dividend income is about USD0.13 per share.
At this time, Comtech Telecommunicatio's
Dividends Paid is quite stable compared to the past year.
Dividend Yield is expected to rise to 0.04 this year, although the value of
Dividend Payout Ratio is projected to rise to
(0.35).
Investing in stocks that pay
dividends, such as stock of Comtech Telecommunications Corp, is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Comtech Telecommunicatio must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Comtech Telecommunicatio. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
How important is Comtech Telecommunicatio's Liquidity
Comtech Telecommunicatio
financial leverage refers to using borrowed capital as a funding source to finance Comtech Telecommunications Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Comtech Telecommunicatio financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Comtech Telecommunicatio's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Comtech Telecommunicatio's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Comtech Telecommunicatio's total debt and its cash.
Correlation Between Comtech and Aviat Networks
In general, Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Comtech Telecommunicatio together with similar or unrelated positions with a negative correlation. For example, you can also add Aviat Networks to your portfolio. If Aviat Networks is not perfectly correlated to Comtech Telecommunicatio it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Comtech Telecommunicatio, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both Comtech Telecommunicatio and Aviat Networks in your portfolio? Please note if you are using this as a pair-trade strategy between Comtech Telecommunicatio and Aviat Networks, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check
pair correlation details between CMTL and AVNW for more information.
Detailed Perspective On Comtech Telecommunicatio
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Revenue Breakdown
Let me now analyze Comtech Telecommunicatio revenue. Based on the latest financial disclosure, Comtech Telecommunications Corp reported 643.41
M of revenue. This is 84.21% lower than that of the Technology sector and 86.86% lower than that of the
Communication Equipment industry. The revenue for all United States stocks is 93.18% higher than that of Comtech Telecommunicatio. As for Knowles we see revenue of 785.1
M, which is 83.97% lower than that of the Communication Equipment
| CMTL | 643.41 Million | 11.69 |
| Sector | 4.08 Billion | 74.05 |
| KN | 785.1 Million | 14.26 |
Another 3 percent hike for Comtech Telecommunicatio
New skewness is at 0.6. As of the 25th of September, Comtech Telecommunicatio shows the
mean deviation of 2.03, and Risk Adjusted Performance of
(0.07). Comtech Telecommunicatio
technical analysis gives you the methodology to make use of
historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen
technical drivers for Comtech Telecommunications Corp, which can be compared to its rivals. Please confirm
Comtech Telecommunicatio downside deviation,
jensen alpha, as well as the
relationship between the Jensen Alpha and
downside variance to decide if Comtech Telecommunicatio is priced correctly, providing market reflects its regular price of 14.61 per share. Given that Comtech Telecommunicatio has
jensen alpha of
(0.17), we suggest you to validate Comtech Telecommunications Corp's prevailing market performance to make sure the company can sustain itself at a future point.
Our Bottom Line On Comtech Telecommunicatio
While some firms in the communication equipment industry are either recovering or due for a correction, Comtech may not be as strong as the others in terms of longer-term growth potentials. To sum up, as of the 25th of September 2020, we believe that at this point, Comtech Telecommunicatio is
undervalued with
below average chance of bankruptcy within the next 2 years. However, our latest buy-or-sell advice on the company is
Strong Sell.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Comtech Telecommunications Corp. Please refer to our
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