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

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

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

Commscope Holding Company Inc (NASDAQ:COMM) announced its quarterly earnings data on Thursday, November, 8th. The communications equipment provider reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by $0.07. The communications equipment provider earned $1.15 billion during the quarter, compared to analysts' expectations of $1.22 billion. Commscope had a net margin of 4.69% and a return on equity of 23.68%. Commscope's revenue was up 1.9% on a year-over-year basis. During the same period last year, the company earned $0.55 earnings per share. View Commscope's Earnings History.

Commscope is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Commscope.

Commscope issued an update on its fourth quarter earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of $0.34-0.39 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.59. The company issued revenue guidance of $1.015-1.065 billion, compared to the consensus revenue estimate of $1.17 billion.Commscope also updated its FY 2018 guidance to $2.09-2.14 EPS.

15 brokers have issued 1-year price objectives for Commscope's shares. Their predictions range from $23.00 to $43.00. On average, they expect Commscope's stock price to reach $31.9583 in the next twelve months. This suggests a possible upside of 78.2% from the stock's current price. View Analyst Price Targets for Commscope.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commscope in the last year. There are currently 10 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Commscope.

News coverage about COMM stock has trended very positive this week, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Commscope earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave press coverage about the communications equipment provider a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the company's share price in the immediate future.

Some companies that are related to Commscope include Ubiquiti Networks (UBNT), ARRIS International (ARRS), ViaSat (VSAT), Echostar (SATS), Loral Space & Communications Ltd. (LORL), Mitel Networks (MITL), Casa Systems (CASA), Maxar Technologies (MAXR), CalAmp (CAMP), Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), Harmonic (HLIT), Ceragon Networks (CRNT) and Energous (WATT).

Commscope's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (8.33%), JPMorgan Chase & Co. (5.54%), BlackRock Inc. (5.51%), Capital Research Global Investors (5.11%), Capital International Investors (4.88%) and FMR LLC (4.85%). Company insiders that own Commscope stock include Alexander W Pease, Claudius E Iv Watts, Frank B Wyatt II, Frank M Drendel, Joanne M Maguire, Mark A Olson, Marvin S Edwards Jr, Marvin S Edwards, Jr, Morgan C S Kurk, Peter U Karlsson, Philip Martin Armstrong Jr, Randall W Crenshaw, Robert W Granow, Robyn T Mingle, Stephen C Gray and Timothy T Yates. View Institutional Ownership Trends for Commscope.

COMM stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Mitsubishi UFJ Trust & Banking Corp, Teachers Advisors LLC, Lombard Odier Asset Management USA Corp, FMR LLC, Crestline Management LP, First Republic Investment Management Inc. and Seven Eight Capital LP. Company insiders that have sold Commscope company stock in the last year include Frank M Drendel, Marvin S Edwards Jr, Marvin S Edwards, Jr, Philip Martin Armstrong Jr and Stephen C Gray. View Insider Buying and Selling for Commscope.

COMM stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Franklin Resources Inc., Sound Shore Management Inc. CT, Prudential Financial Inc., Morgan Stanley, Lyrical Asset Management LP, Tobam and Renaissance Technologies LLC. Company insiders that have bought Commscope stock in the last two years include Alexander W Pease, 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.

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.

One share of COMM stock can currently be purchased for approximately $17.93.

Commscope has a market capitalization of $3.49 billion and generates $4.56 billion in revenue each year. The communications equipment provider earns $193.76 million in net income (profit) each year or $2.02 on an earnings per share basis. Commscope employs 20,000 workers across the globe.

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

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]