Is CMTL Stock a Buy at 0.2x Sales? A Deep Dive at Catalysts and Risks

Key Takeaways CMTL trades near 0.2x sales as investors await proof of margin and cash gains from its portfolio reset.CMTL catalysts include FY2026 modem ramps, $731.6M backlog, and $1.1B revenue visibility supporting growth.CMTL faces risks from weak bookings, no FY2026 guidance, government delays, and leverage pressure.Comtech Telecommunications Corp. (CMTL) trades at roughly 0.2x sales, a level that looks inexpensive on the surface. The real question is whether the company can translate its portfolio rese ...