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NASDAQ:COMM

CommScope (COMM) Stock Price, News & Analysis

$1.30
-0.02 (-1.52%)
(As of 11:45 AM ET)
Today's Range
$1.25
$1.35
50-Day Range
$0.87
$1.51
52-Week Range
$0.86
$6.65
Volume
588,530 shs
Average Volume
3.05 million shs
Market Capitalization
$275.96 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.02

CommScope MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.71 Rating Score
Upside/​Downside
211.6% Upside
$4.02 Price Target
Short Interest
Bearish
5.62% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.85
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$105,607 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.48) to $0.18 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

Computer And Technology Sector

184th out of 586 stocks

Radio & T.V. Communications Equipment Industry

4th out of 21 stocks

COMM stock logo

About CommScope Stock (NASDAQ:COMM)

CommScope Holding Company, Inc. provides infrastructure solutions for communications, data center, and entertainment networks worldwide. The company operates through Connectivity and Cable Solutions (CCS); Outdoor Wireless Networks (OWN); Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments. The CCS segment provides network solutions for indoor and outdoor network applications; and fiber optic and copper connectivity and cable solutions for use in telecommunications, cable television, residential broadband networks, data centers and business enterprises. The OWN segment provides base station antennas, radio frequency filters, tower connectivity, microwave antennas, metro cell products, cabinets, steel towers, accessories, wireless Spectrum management business and Comsearch products. The NICS segment offers indoor and outdoor Wi-Fi and long-term evolution (LTE) access points, access and aggregation switches; an Internet of Things suite, on-premises and cloud-based control and management systems; and software and software-as-a-service applications. The ANS segment offers cable modem termination systems, video infrastructure, distribution and transmission equipment and cloud solutions that enable facility-based service providers to construct a state-of-the-art residential and metro distribution network. It offers its products and services through independent distributors, specialized resellers and distributors, wireless and wireline operators, original equipment manufacturers, and system integrators, as well as directly to customers. The company was formerly known as Cedar I Holding Company, Inc. and changed its name to CommScope Holding Company, Inc. in January 2011. CommScope Holding Company, Inc. was founded in 1976 and is based in Claremont, North Carolina.

COMM Stock Price History

COMM Stock News Headlines

CommScope (NASDAQ:COMM) Lifted to Hold at StockNews.com
CommScope: Q1 Earnings Snapshot
Q1 2024 CommScope Holding Company Inc Earnings Call
CommScope Stockholders Approve Proxy Proposals
CommScope Reports First Quarter 2024 Results
Here's what to expect from Commscope's earnings
COMM CommScope Holding Company, Inc.
CommScope Holding Company, Inc. (COMM)
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
5/23/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:COMM
Fax
N/A
Employees
20,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.02
High Stock Price Target
$6.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+204.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.71
Research Coverage
7 Analysts

Profitability

Net Income
$-1,450,900,000.00
Pretax Margin
-15.43%

Debt

Sales & Book Value

Annual Sales
$5.79 billion
Cash Flow
$3.14 per share
Book Value
($15.69) per share

Miscellaneous

Free Float
208,456,000
Market Cap
$280.21 million
Optionable
Optionable
Beta
2.02
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COMM Stock Analysis - Frequently Asked Questions

Should I buy or sell CommScope stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CommScope in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" COMM shares.
View COMM analyst ratings
or view top-rated stocks.

What is CommScope's stock price target for 2024?

7 analysts have issued 12 month price objectives for CommScope's shares. Their COMM share price targets range from $1.00 to $6.00. On average, they anticipate the company's share price to reach $4.02 in the next twelve months. This suggests a possible upside of 211.6% from the stock's current price.
View analysts price targets for COMM
or view top-rated stocks among Wall Street analysts.

How have COMM shares performed in 2024?

CommScope's stock was trading at $2.82 on January 1st, 2024. Since then, COMM stock has decreased by 54.3% and is now trading at $1.29.
View the best growth stocks for 2024 here
.

When is CommScope's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our COMM earnings forecast
.

How were CommScope's earnings last quarter?

CommScope Holding Company, Inc. (NASDAQ:COMM) issued its earnings results on Thursday, February, 29th. The communications equipment provider reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.09. The communications equipment provider earned $1.19 billion during the quarter, compared to analysts' expectations of $1.53 billion. CommScope had a negative net margin of 30.88% and a negative trailing twelve-month return on equity of 1.75%.

What other stocks do shareholders of CommScope own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CommScope investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Broadcom (AVGO), Archer-Daniels-Midland (ADM), AT&T (T), Wells Fargo & Company (WFC), American Airlines Group (AAL), Charles Schwab (SCHW) and Occidental Petroleum (OXY).

Who are CommScope's major shareholders?

CommScope's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.11%), Jacobs Levy Equity Management Inc. (2.20%), Assenagon Asset Management S.A. (0.62%), Russell Investments Group Ltd. (0.23%), BNP Paribas Financial Markets (0.21%) and Susquehanna Fundamental Investments LLC (0.13%). Insiders that own company stock include Charles L Treadway, Claudius E Iv Watts, Derrick A Roman, Farid Firouzbakht, Justin C Choi, Kyle David Lorentzen, L William Krause, Linde Koen Ter and Timothy T Yates.
View institutional ownership trends
.

How do I buy shares of CommScope?

Shares of COMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:COMM) was last updated on 5/23/2024 by MarketBeat.com Staff

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