NASDAQ:COMM CommScope (COMM) Stock Forecast, Price & News $4.19 -0.02 (-0.48%) (As of 09:58 AM ET) Add Compare Share Share Today's Range$4.11▼$4.2050-Day Range$4.01▼$6.3752-Week Range$3.97▼$13.73Volume155,803 shsAverage Volume2.93 million shsMarket Capitalization$879.02 millionP/E RatioN/ADividend YieldN/APrice Target$9.17 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CommScope MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside119.8% Upside$9.17 Price TargetShort InterestBearish7.68% of Float Sold ShortDividend StrengthN/ASustainability-0.85Upright™ Environmental ScoreNews Sentiment0.60Based on 8 Articles This WeekInsider TradingAcquiring Shares$437,188 Bought Last QuarterProj. Earnings Growth27.49%From $1.71 to $2.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.57 out of 5 starsComputer And Technology Sector106th out of 608 stocksRadio & T.V. Communications Equipment Industry6th out of 24 stocks 3.2 Analyst's Opinion Consensus RatingCommScope has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.17, CommScope has a forecasted upside of 119.8% from its current price of $4.17.Amount of Analyst CoverageCommScope has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.68% of the float of CommScope has been sold short.Short Interest Ratio / Days to CoverCommScope has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in CommScope has recently increased by 8.52%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCommScope does not currently pay a dividend.Dividend GrowthCommScope does not have a long track record of dividend growth. Previous Next 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCommScope has received a 45.90% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Network gateways", "Telecommunications enclosures", "Wireless access points", "Microducts", and "Subsea fibre-optic cables used for off-shore internet provision" products. See details.Environmental SustainabilityThe Environmental Impact score for CommScope is -0.85. Previous Next 2.0 News and Social Media Coverage News SentimentCommScope has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for CommScope this week, compared to 5 articles on an average week.Search InterestOnly 15 people have searched for COMM on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added CommScope to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CommScope insiders have bought more of their company's stock than they have sold. Specifically, they have bought $437,188.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.40% of the stock of CommScope is held by insiders.Percentage Held by Institutions90.18% of the stock of CommScope is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for CommScope are expected to grow by 27.49% in the coming year, from $1.71 to $2.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CommScope is -0.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of CommScope is -0.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioCommScope has a PEG Ratio of 0.16. PEG Ratios below 1 indicate that a company could be undervalued. Previous Next See Top Rated MarketRank™ Stocks Here About CommScope (NASDAQ:COMM) StockCommScope Holding Co., Inc. engages in the provision of infrastructure solutions for communications networks. It operates through the following segments: Broadband, Home, Outdoor Wireless Networks (OWN), and Venue and Campus Networks (VCN). The company was founded by Frank M. Drendel in 1976 and is headquartered in Hickory, NC.Read More Receive COMM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CommScope and its competitors with MarketBeat's FREE daily newsletter. Email Address COMM Stock News HeadlinesJune 3, 2023 | americanbankingnews.comCommScope (NASDAQ:COMM) Sets New 1-Year Low at $3.97June 1, 2023 | fool.comCommScope (NASDAQ: COMM)June 6, 2023 | Edge On The Street (Ad)Is There Still Time to Get In On the Lithium Boom?"Lithium demand from the electric vehicle (EV) industry is growing at twice the rate of lithium production. By 2030, experts predict that 26 million EVs will be on U.S. roads, up from around 600,000 today. That's why new government incentives have been put in place to support more urgently-needed "Made in America" lithium.June 1, 2023 | finance.yahoo.com3 Communication Stocks Likely to Brave the Testing TimesMay 31, 2023 | yahoo.comLYNN Launches Fiber Management Enclosure SeriesMay 25, 2023 | wsj.comCommScope Holding Co. Inc.May 24, 2023 | tmcnet.comCommScope Launches New AI-based Software to Optimize Broadband Operator's Network Capacity, Efficiency and QualityMay 24, 2023 | finance.yahoo.comCommScope Launches New AI-based Software to Optimize Broadband Operator’s Network Capacity, Efficiency and QualityJune 6, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 24, 2023 | finance.yahoo.comPŸUR, CommScope and braun teleCom Delivering Multi-gigabit Broadband Speeds in GermanyMay 19, 2023 | finance.yahoo.comCommScope (COMM) Unveils New Fiber Gateways to Boost ConnectivityMay 18, 2023 | finance.yahoo.comCommScope Launches New HomeVantage Fiber Gateways and ONUs at ANGA COMMay 17, 2023 | marketwatch.comGPON Home Gateway Market to Witness Huge Growth By 2030| CommScope, Huawei, ZTE, SercommMay 17, 2023 | marketwatch.comPoint-to-point Microwave Antenna Market Growth, Trends, Demand & Forecast 2023 to 2030 | CommScope Holding, Radio Frequency Systems, RosenbergerMay 16, 2023 | marketwatch.comStructured Cabling and Connectivity Component Market Outlook 2023 and Future Forecast to 2030 | 3M, Belden, Berk-Tek, CommScopeMay 15, 2023 | marketwatch.comConnector Market Outlook and Forecast to 2030 | Amphenol, Rosenberger, CommScope, DDKMay 15, 2023 | americanbankingnews.comCommScope Holding Company, Inc. (NASDAQ:COMM) Receives $9.17 Consensus PT from AnalystsMay 14, 2023 | finance.yahoo.comCharles Treadway Bought 8.8% More Shares In CommScope Holding Company \May 14, 2023 | americanbankingnews.comInsider Buying: CommScope Holding Company, Inc. (NASDAQ:COMM) CEO Buys $249,889.75 in StockMay 12, 2023 | msn.comCommScope Hldg Co's Return On Capital Employed InsightsMay 12, 2023 | marketwatch.comStructured Cabling Market Analysis and Industry Research Report 2022-2030 with Top Players are Commscope Holding, Nexans, Panduit, LegrandMay 12, 2023 | americanbankingnews.comCommScope Holding Company, Inc. (NASDAQ:COMM) Director Claudius E. Iv Watts Purchases 10,000 SharesMay 11, 2023 | marketwatch.comMultimode-Fiber Cable Market Share, Size, Financial Summaries Analysis from 2023-2030 | Corning, TE Connectivity, CommScopeMay 11, 2023 | americanbankingnews.comCommScope (NASDAQ:COMM) Reaches New 52-Week Low at $4.38May 10, 2023 | marketwatch.comDigital Set Top Box Market Outlook 2023 And Forecast To 2030 | CommScope (Arris), Technicolor(Cisco), Echostar, Humax, SagemcomMay 10, 2023 | finance.yahoo.comLuna Rossa Prada Pirelli Selects CommScope’s RUCKUS Networks as Wi-Fi Official SupplierMay 10, 2023 | americanbankingnews.comCommScope Holding Company, Inc. (NASDAQ:COMM) SVP Justin C. Choi Buys 16,094 SharesSee More Headlines COMM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart COMM Company Calendar Last Earnings2/23/2023Today6/05/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Radio & t.v. communications equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:COMM CUSIPN/A CIK1517228 Webwww.commscope.com Phone(828) 324-2200FaxN/AEmployees30,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.17 High Stock Price Forecast$15.00 Low Stock Price Forecast$5.50 Forecasted Upside/Downside+117.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($5.77) Trailing P/E RatioN/A Forward P/E Ratio2.46 P/E Growth0.16Net Income$-1,286,900,000.00 Net Margins-12.87% Pretax Margin-13.28% Return on Equity-38.03% Return on Assets3.19% Debt Debt-to-Equity RatioN/A Current Ratio1.95 Quick Ratio1.05 Sales & Book Value Annual Sales$9.23 billion Price / Sales0.10 Cash Flow$4.63 per share Price / Cash Flow0.91 Book Value($7.42) per share Price / Book-0.57Miscellaneous Outstanding Shares209,790,000Free Float204,755,000Market Cap$883.22 million OptionableOptionable Beta1.87 Key ExecutivesCharles L. TreadwayPresident, Chief Executive Officer & DirectorKyle David LorentzenChief Financial Officer & Executive Vice PresidentPraveen JonnalaChief Information Officer & Senior Vice PresidentLaurie S. OracionChief Accounting Officer & Senior Vice PresidentRobyn T. MingleChief Human Resources Officer & Senior VPKey CompetitorsPlanet Labs PBCNYSE:PLCambium NetworksNASDAQ:CMBMAviat NetworksNASDAQ:AVNWComtech TelecommunicationsNASDAQ:CMTLVuzixNASDAQ:VUZIView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 3,285 shares on 5/26/2023Ownership: 0.012%JPMorgan Chase & Co.Sold 48,103 shares on 5/18/2023Ownership: 2.608%New York State Common Retirement FundSold 40,440 shares on 5/18/2023Ownership: 0.051%Thrivent Financial for LutheransBought 256,226 shares on 5/17/2023Ownership: 0.222%Graham Capital Management L.P.Sold 4,806 shares on 5/16/2023Ownership: 0.206%View All Insider TransactionsView All Institutional Transactions COMM Stock - Frequently Asked Questions Should I buy or sell CommScope stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CommScope in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" COMM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COMM, but not buy additional shares or sell existing shares. View COMM analyst ratings or view top-rated stocks. What is CommScope's stock price forecast for 2023? 9 analysts have issued 1 year target prices for CommScope's shares. Their COMM share price forecasts range from $5.50 to $15.00. On average, they anticipate the company's stock price to reach $9.17 in the next twelve months. This suggests a possible upside of 117.7% 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 2023? CommScope's stock was trading at $7.35 at the beginning of the year. Since then, COMM stock has decreased by 42.7% and is now trading at $4.21. View the best growth stocks for 2023 here. Are investors shorting CommScope? CommScope saw a increase in short interest in May. As of May 15th, there was short interest totaling 15,670,000 shares, an increase of 8.5% from the April 30th total of 14,440,000 shares. Based on an average daily trading volume, of 3,150,000 shares, the short-interest ratio is presently 5.0 days. Currently, 7.7% of the shares of the company are sold short. View CommScope's Short Interest. When is CommScope's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our COMM earnings forecast. How were CommScope's earnings last quarter? CommScope Holding Company, Inc. (NASDAQ:COMM) posted its quarterly earnings data on Thursday, February, 23rd. The communications equipment provider reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.07. The communications equipment provider earned $2.32 billion during the quarter, compared to analyst estimates of $2.34 billion. CommScope had a negative net margin of 12.87% and a negative trailing twelve-month return on equity of 38.03%. The company's revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the firm posted $0.23 earnings per share. What ETFs hold CommScope's stock? ETFs with the largest weight of CommScope (NASDAQ:COMM) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN), SPDR S&P Telecom ETF (XTL), Invesco Dynamic Networking ETF (PXQ), First Trust Dow Jones Internet Index Fund (FDN), Invesco Nasdaq Future Gen 200 ETF (QQQS), Defiance Next Gen Connectivity ETF (FIVG), Daily Dow Jones Internet Bull 3X Shares (WEBL) and First Trust Small Cap Growth AlphaDEX Fund (FYC). 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). What is CommScope's stock symbol? CommScope trades on the NASDAQ under the ticker symbol "COMM." Who are CommScope's major shareholders? CommScope's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.36%), Bank of America Corp DE (3.92%), JPMorgan Chase & Co. (2.61%), Boston Partners (2.47%), State Street Corp (2.25%) and First Trust Advisors LP (1.93%). Insiders that own company stock include Charles L Treadway, Claudius E Iv Watts, Derrick A Roman, Farid Firouzbakht, Frank M Drendel, Justin C Choi, Kyle David Lorentzen 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CommScope's stock price today? One share of COMM stock can currently be purchased for approximately $4.21. How much money does CommScope make? CommScope (NASDAQ:COMM) has a market capitalization of $883.22 million and generates $9.23 billion in revenue each year. The communications equipment provider earns $-1,286,900,000.00 in net income (profit) each year or ($5.77) on an earnings per share basis. How many employees does CommScope have? The company employs 30,000 workers across the globe. How can I contact CommScope? CommScope's mailing address is 1100 COMMSCOPE PLACE SE, HICKORY NC, 28602. The official website for the company is www.commscope.com. The communications equipment provider can be reached via phone at (828) 324-2200 or via email at jennifer.crawford@commscope.com. This page (NASDAQ:COMM) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CommScope Holding Company, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.