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CMTL's DCG Modems to Aid Digital Transformation: Stock to Gain?
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Comtech Telecommunications Corp. (CMTL - Free Report) recently launched a Digital Common Ground (DCG) portfolio of modems to help the U.S. Department of Defense and coalition partners transition toward a digitized and hybrid satellite network architecture.
CMTL Aims to Cater to Evolving Market Demand
Built on Comtech’s cutting-edge satellite communications (SATCOM) modem portfolio, the DCG product line is designed to serve diverse commercial and government markets on a unified platform. With an open-standard and truly flexible architecture that currently supports a variety of critical waveforms including DVB-S2X, DSSS and EBEM, it can be rapidly reconfigured to address the evolving mission-specific needs.
The product line also aims to offer customers multi-gigabit throughput compared to other products available in the market. All these advancements are expected to minimize overall lifecycle costs for customers and deliver industry-leading performance and efficiency.
Additionally, Comtech has integrated modern cybersecurity design principles at every level across this product line, ranging from a trusted supply chain to a thoughtful software upgrade lifecycle. This will likely enable it to offer secured over-the-air communication, meeting the Federal Information Protection Standards 140-3 Level 2 certification.
Will CMTL Stock Benefit From This New Launch?
DCG portfolio is one of the first product lines on the market that offers robust access to multi-orbit capabilities across commercial and purpose-built networks. Furthermore, it is compliant with Digital Intermediate Frequency Interoperability standards that enable seamless information flow between services, a key component of Combined Joint All Domain Command and Control. This launch underscores Comtech’s continued dedication toward boosting its service offerings, which, in turn, will likely generate incremental demands for its products and services, leading to higher revenues. Improving financial performance is likely to propel the stock upward.
CMTL’s Stock Price Performance
Shares of Comtech have lost 61.8% over the past year against the industry’s growth of 40.5%.
Image Source: Zacks Investment Research
CMTL’s Zacks Rank and Key Picks
Comtech currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader industry have been discussed below.
Ubiquiti Inc. (UI - Free Report) sports a Zacks Rank #1 (Strong Buy) at present. The company offers a comprehensive suite of networking products and solutions for service providers and enterprises. Its highly flexible global business model remains apt to adapt to the changing market dynamics to overcome challenges while maximizing growth. You can see the complete list of today’s Zacks #1 Rank stocks here.
In the last reported quarter, Ubiquiti delivered an earnings surprise of 4.19%.
Workday Inc. (WDAY - Free Report) carries a Zacks Rank #2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%. WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains.
Airgain, Inc. (AIRG - Free Report) currently carries a Zacks Rank #2. It has a long-term earnings growth expectation of 35%.
Based in San Diego, CA, Airgain provides antenna products as integrated wireless solutions. These devices are designed to address vital connectivity requirements during product development and throughout the entire lifecycle of other industries, such as automotive and consumer, in addition to various sectors within an enterprise.
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CMTL's DCG Modems to Aid Digital Transformation: Stock to Gain?
Comtech Telecommunications Corp. (CMTL - Free Report) recently launched a Digital Common Ground (DCG) portfolio of modems to help the U.S. Department of Defense and coalition partners transition toward a digitized and hybrid satellite network architecture.
CMTL Aims to Cater to Evolving Market Demand
Built on Comtech’s cutting-edge satellite communications (SATCOM) modem portfolio, the DCG product line is designed to serve diverse commercial and government markets on a unified platform. With an open-standard and truly flexible architecture that currently supports a variety of critical waveforms including DVB-S2X, DSSS and EBEM, it can be rapidly reconfigured to address the evolving mission-specific needs.
The product line also aims to offer customers multi-gigabit throughput compared to other products available in the market. All these advancements are expected to minimize overall lifecycle costs for customers and deliver industry-leading performance and efficiency.
Additionally, Comtech has integrated modern cybersecurity design principles at every level across this product line, ranging from a trusted supply chain to a thoughtful software upgrade lifecycle. This will likely enable it to offer secured over-the-air communication, meeting the Federal Information Protection Standards 140-3 Level 2 certification.
Will CMTL Stock Benefit From This New Launch?
DCG portfolio is one of the first product lines on the market that offers robust access to multi-orbit capabilities across commercial and purpose-built networks. Furthermore, it is compliant with Digital Intermediate Frequency Interoperability standards that enable seamless information flow between services, a key component of Combined Joint All Domain Command and Control. This launch underscores Comtech’s continued dedication toward boosting its service offerings, which, in turn, will likely generate incremental demands for its products and services, leading to higher revenues. Improving financial performance is likely to propel the stock upward.
CMTL’s Stock Price Performance
Shares of Comtech have lost 61.8% over the past year against the industry’s growth of 40.5%.
Image Source: Zacks Investment Research
CMTL’s Zacks Rank and Key Picks
Comtech currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader industry have been discussed below.
Ubiquiti Inc. (UI - Free Report) sports a Zacks Rank #1 (Strong Buy) at present. The company offers a comprehensive suite of networking products and solutions for service providers and enterprises. Its highly flexible global business model remains apt to adapt to the changing market dynamics to overcome challenges while maximizing growth. You can see the complete list of today’s Zacks #1 Rank stocks here.
In the last reported quarter, Ubiquiti delivered an earnings surprise of 4.19%.
Workday Inc. (WDAY - Free Report) carries a Zacks Rank #2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%. WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains.
Airgain, Inc. (AIRG - Free Report) currently carries a Zacks Rank #2. It has a long-term earnings growth expectation of 35%.
Based in San Diego, CA, Airgain provides antenna products as integrated wireless solutions. These devices are designed to address vital connectivity requirements during product development and throughout the entire lifecycle of other industries, such as automotive and consumer, in addition to various sectors within an enterprise.