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

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

Commscope announced that its Board of Directors has initiated a share buyback plan on Thursday, August 3rd 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

Commscope Holding Company Inc (NASDAQ:COMM) posted its quarterly earnings data on Thursday, November, 8th. The communications equipment provider reported $0.59 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.66 by $0.07. The communications equipment provider had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.22 billion. Commscope had a net margin of 4.69% and a return on equity of 23.68%. Commscope's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.55 EPS. 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 updated 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 earnings per share 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.

14 brokerages have issued twelve-month price objectives for Commscope's shares. Their forecasts range from $18.20 to $43.00. On average, they expect Commscope's share price to reach $30.8364 in the next year. This suggests a possible upside of 83.5% from the stock's current price. View Analyst Price Targets for Commscope.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commscope in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Commscope.

News headlines about COMM stock have trended very negative on Saturday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Commscope earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave media headlines about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Commscope saw a decline in short interest in November. As of November 15th, there was short interest totalling 5,244,626 shares, a decline of 34.3% from the October 31st total of 7,982,544 shares. Based on an average trading volume of 6,171,728 shares, the short-interest ratio is currently 0.8 days. Currently, 2.8% of the company's shares are short sold. View Commscope's Current Options Chain.

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

Commscope's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.93%), Vanguard Group Inc (8.93%), Franklin Resources Inc. (8.33%), JPMorgan Chase & Co. (5.54%), BlackRock Inc. (5.51%) and Capital Research Global Investors (5.11%). 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 $16.80.

Commscope has a market capitalization of $3.28 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]