NASDAQ:COMM - Commscope Stock Price, News, & Analysis

$14.64
+0.05 (+0.34 %)
(As of 07/19/2019 04:00 PM ET)
Today's Range
$14.29
Now: $14.64
$14.84
50-Day Range
$14.50
MA: $15.85
$16.76
52-Week Range
$14.29
Now: $14.64
$32.48
Volume3.29 million shs
Average Volume2.60 million shs
Market Capitalization$2.83 billion
P/E Ratio6.94
Dividend YieldN/A
Beta1.41
CommScope Holding Company, Inc provides infrastructure solutions for communications networks worldwide. The company's CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure software, and network rack and cabinet enclosures under the SYSTIMAX, NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, pre-terminated fiber connectivity, complete cabling systems, and cable assemblies for use in offices and data centers. Read More…

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:COMM
CUSIPN/A
Phone82-8-3242-200x

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.57 billion
Cash Flow$3.8730 per share
Book Value$9.14 per share

Profitability

Net Income$140.22 million

Miscellaneous

Employees20,000
Market Cap$2.83 billion
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

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Commscope (NASDAQ:COMM) Frequently Asked Questions

What is Commscope's stock symbol?

Commscope trades on the NASDAQ under the ticker symbol "COMM."

How will Commscope's stock buyback program work?

Commscope declared that its Board of Directors has authorized a share repurchase plan on Thursday, August 3rd 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

How were Commscope's earnings last quarter?

Commscope Holding Company Inc (NASDAQ:COMM) announced its quarterly earnings data on Thursday, May, 9th. The communications equipment provider reported $0.48 EPS for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.07. The communications equipment provider earned $1.10 billion during the quarter, compared to analyst estimates of $1.08 billion. Commscope had a return on equity of 23.46% and a net margin of 2.29%. The firm's quarterly revenue was down 1.9% on a year-over-year basis. During the same period last year, the firm earned $0.49 EPS. View Commscope's Earnings History.

When is Commscope's next earnings date?

Commscope is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Commscope.

What guidance has Commscope issued on next quarter's earnings?

Commscope issued an update on its second quarter earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of $0.54-0.62 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.70. The company issued revenue guidance of $2.49-2.65 billion, compared to the consensus revenue estimate of $2.81 billion.

What price target have analysts set for COMM?

13 Wall Street analysts have issued twelve-month price targets for Commscope's shares. Their predictions range from $17.00 to $40.00. On average, they expect Commscope's share price to reach $25.22 in the next twelve months. This suggests a possible upside of 72.3% from the stock's current price. View Analyst Price Targets for Commscope.

What is the consensus analysts' recommendation for Commscope?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commscope in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Commscope.

What are Wall Street analysts saying about Commscope stock?

Here are some recent quotes from research analysts about Commscope stock:
  • 1. According to Zacks Investment Research, "CommScope is optimizing its excellent customer relationships and market position as telecom service providers continue to build their networks to increase capacity and coverage. The company is actively developing solutions to support the wireline and wireless network convergence for seamless 5G deployment. Moreover, the acquisition of ARRIS has allowed CommScope to benefit from the rapidly changing network and technology architectures with a unique set of complementary assets and capabilities to enable end-to-end communications. However, simmering tensions between the United States and China related to trade restrictions and tariff war pose significant threat to the top line. Higher operating expenses are likely to prove detrimental to margins and profitability. Lower return of capital remains another concern for the company." (6/4/2019)
  • 2. Rosenblatt Securities analysts commented, "We continue to see minimal strategic value with the company’s announced accretive acquisition of Arris (ARRS: in cash. We increase our 1Q19 estimates, in-line with management’s guidance, and increase our 2019 estimates to the low end of management’s guidance. We maintain our Neutral rating on COMM and increase our 12-month price target to $24." (2/22/2019)

Has Commscope been receiving favorable news coverage?

News stories about COMM stock have trended somewhat positive on Friday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Commscope earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Commscope.

Are investors shorting Commscope?

Commscope saw a increase in short interest in the month of June. As of June 30th, there was short interest totalling 8,512,700 shares, an increase of 7.7% from the May 30th total of 7,902,100 shares. Based on an average daily trading volume, of 3,050,000 shares, the short-interest ratio is currently 2.8 days. Approximately 4.5% of the company's stock are short sold. View Commscope's Current Options Chain.

Who are some of Commscope's key competitors?

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), American Airlines Group (AAL), Athabasca Oil (ATH), Broadcom (AVGO), Archer Daniels Midland (ADM), Apache (APA), Charles Schwab (SCHW), Wells Fargo & Co (WFC) and Allergan (AGN).

Who are Commscope's key executives?

Commscope's management team includes the folowing people:
  • Mr. Marvin S. Edwards Jr., Pres, CEO & Director (Age 70)
  • Mr. Frank B. Wyatt II, Sr. VP, Gen. Counsel, Chief Ethics & Compliance Officer and Sec. (Age 56)
  • Mr. Peter U. Karlsson, Sr. VP of Global Sales (Age 55)
  • Mr. Alexander W. Pease, Exec. VP & CFO (Age 47)
  • Mr. Morgan C. S. Kurk, EVP & COO (Age 49)

Who are Commscope's major shareholders?

Commscope's stock is owned by a number of of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.04%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), Oregon Public Employees Retirement Fund (0.02%), Campbell & CO Investment Adviser LLC (0.02%), Supplemental Annuity Collective Trust of NJ (0.01%) and Xact Kapitalforvaltning AB (0.01%). Company insiders that own Commscope stock include Alexander W Pease, Bruce William Mcclelland, Claudius E Iv Watts, Frank B Wyatt II, Frank M Drendel, Joanne M Maguire, Marvin S Edwards Jr, Marvin S Edwards, Jr, Morgan C S Kurk, Peter U Karlsson, Philip Martin Armstrong Jr, Robert W Granow, Robyn T Mingle, Stephen C Gray and Timothy T Yates. View Institutional Ownership Trends for Commscope.

Which major investors are selling Commscope stock?

COMM stock was sold by a variety of institutional investors in the last quarter, including Fjarde AP Fonden Fourth Swedish National Pension Fund, Xact Kapitalforvaltning AB and Robeco Institutional Asset Management B.V.. Company insiders that have sold Commscope company stock in the last year include Frank M Drendel and Peter U Karlsson. View Insider Buying and Selling for Commscope.

Which major investors are buying Commscope stock?

COMM stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Oregon Public Employees Retirement Fund, Campbell & CO Investment Adviser LLC, Supplemental Annuity Collective Trust of NJ, New Jersey Better Educational Savings Trust, Wiley BROS. Aintree Capital LLC and Machina Capital S.A.S.. Company insiders that have bought Commscope stock in the last two years include Alexander W Pease, Bruce William Mcclelland, Claudius E Iv Watts, Frank B Wyatt II, Joanne M Maguire, Morgan C S Kurk, Robert W Granow, Robyn T Mingle and Timothy T Yates. View Insider Buying and Selling for Commscope.

How do I buy shares of Commscope?

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

What is Commscope's stock price today?

One share of COMM stock can currently be purchased for approximately $14.64.

How big of a company is Commscope?

Commscope has a market capitalization of $2.83 billion and generates $4.57 billion in revenue each year. The communications equipment provider earns $140.22 million in net income (profit) each year or $2.11 on an earnings per share basis. Commscope employs 20,000 workers across the globe.View Additional Information About Commscope.

What is Commscope's official website?

The official website for Commscope is http://www.commscope.com/.

How can I contact Commscope?

Commscope's mailing address is 1100 COMMSCOPE PLACE SE, HICKORY NC, 28602. The communications equipment provider can be reached via phone at 82-8-3242-200x or via email at [email protected]


MarketBeat Community Rating for Commscope (NASDAQ COMM)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  466 (Vote Outperform)
Underperform Votes:  353 (Vote Underperform)
Total Votes:  819
MarketBeat's community ratings are surveys of what our community members think about Commscope and other stocks. Vote "Outperform" if you believe COMM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COMM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/19/2019 by MarketBeat.com Staff

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