Question..IMO:Here is a perfect fit for IDCC M&A..The Company makes money..only $150 market cap..closely held..but has over 600 employees without any substantial option plan..and down the Street from IDCC.I would value your input..TIA
Profile - Comtech Telecomm. Corp. (NasdaqNM:CMTL)
May 13 Price hit new 52-week high ($17.95)
Location
105 Baylis Road
Melville, NY 11747
Phone: (631) 777-8900
Fax: (631) 777-8877
Email: info@comtechtel.com
Employees (last reported count): 626
Ownership
· Insider and 5%+ Owners: 14%
· Over the last 6 months:
· 2 insider buys; 1,000 shares
· Institutional: 54% (63% of float)
(45 institutions)
· Net Inst. Buying: 243.0K shares (+5.62%)
(prior quarter to latest quarter)
Comtech Telecommunications Corp. designs, develops, produces and markets sophisticated wireless telecommunications transmission products and solid-state high-power broadband amplifiers for commercial and government purposes. Its telecommunications products are used in point-to-point and point-to-multipoint telecommunications transmission and reception applications such as satellite communications, over-the-horizon microwave systems and cable and broadcast television. Its broadband amplifier products are used in communications, cellular and medical instrumentation and defense systems. The Company also offers satellite mobile data communications services.
More from Multex: Expanded Business Description
Financial Summary
Comtech Telecommunications Corp. designs, produces and markets sophisticated components and systems that are used by telecommunications, defense systems and service providers in a broad range of applications. For the six months ended 1/31/03, sales rose 20% to $73.6 million. Net income totaled $2.7 million, up from $1.1 million. Results reflect higher sales of Movement Tracking System to the U.S. Army, improved gross margins and decreased interest expenses.
More from Multex: Significant Developments
Statistics at a Glance -- NasdaqNM:CMTL As of 13-May-2003
Price and Volume
52-Week Low
on 4-Oct-2002 $5.75
Recent Price $17.599
52-Week High
on 13-May-2003 $17.95
Beta 0.85
Daily Volume (3-month avg) 35.5K
Daily Volume (10-day avg) 91.0K
Stock Performance
52-Week Change
relative to S&P500 +95.2%
Share-Related Items
Market Capitalization $133.1M
Shares Outstanding 7.56M
Float 6.50M
Dividends & Splits
Annual Dividend none
Last Split: factor 1.5 on 2-Aug-1999
Per-Share Data
Book Value (mrq) $9.31
Earnings (ttm) $0.35
Earnings (mrq) $0.23
Sales (ttm) $16.93
Cash (mrq) $3.61
Valuation Ratios
Price/Book (mrq) 1.89
Price/Earnings (ttm) 50.57
Price/Sales (ttm) 1.04
Income Statements
Sales (ttm) $131.4M
EBITDA (ttm) $7.35M
Income available to common (ttm) $2.75M
Profitability
Profit Margin (ttm) 2.1%
Operating Margin (ttm) 4.2%
Fiscal Year
Fiscal Year Ends July 31
Most recent quarter 31-Jan-2003
Management Effectiveness
Return on Assets (ttm) 2.12%
Return on Equity (ttm) 4.05%
Financial Strength
Current Ratio (mrq) 2.33
Debt/Equity (mrq) 0.43
Total Cash (mrq) $27.3M
Short Interest
As of 8-Apr-2003
Shares Short 36.0K
Percent of Float 0.6%
Shares Short
(Prior Month) 32.0K
Short Ratio 0.97
Daily Volume 37.0K
