NASDAQ:COMMCommscope Stock Price, Forecast & News

Commscope's stock was trading at $7.63 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, COMM stock has increased by 39.1% and is now trading at $10.61.
View which stocks have been most impacted by COVID-19.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commscope in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Commscope.

Commscope is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Commscope.

Commscope Holding Company Inc (NASDAQ:COMM) posted its quarterly earnings data on Thursday, August, 6th. The communications equipment provider reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.22. The communications equipment provider earned $2.10 billion during the quarter, compared to analyst estimates of $2.06 billion. Commscope had a positive return on equity of 33.85% and a negative net margin of 12.19%. The firm's quarterly revenue was down 18.1% on a year-over-year basis. During the same period last year, the firm earned $0.66 EPS.
View Commscope's earnings history.

15 Wall Street analysts have issued twelve-month target prices for Commscope's shares. Their forecasts range from $10.00 to $18.00. On average, they expect Commscope's stock price to reach $13.65 in the next year. This suggests a possible upside of 28.7% from the stock's current price.
View analysts' price targets for Commscope.

News headlines about COMM stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing 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 closest to five being the most favorable. Commscope earned a news sentiment score of 0.6 on InfoTrie's scale. They also gave news articles about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.
View the latest news about Commscope.

Commscope saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 12,130,000 shares, an increase of 11.7% from the January 31st total of 10,860,000 shares. Based on an average daily trading volume, of 3,200,000 shares, the days-to-cover ratio is presently 3.8 days. Approximately 6.3% of the company's shares are sold short.
View Commscope's Short Interest.

Some companies that are related to Commscope include Echostar (SATS), ViaSat (VSAT), Maxar Technologies (MAXR), Harmonic (HLIT), Casa Systems (CASA), Sierra Wireless (SWIR), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Cambium Networks (CMBM), Gilat Satellite Networks (GILT), CalAmp (CAMP), Ceragon Networks (CRNT), KVH Industries (KVHI), Energous (WATT) and Airgain (AIRG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Commscope investors own include Endologix (ELGX), Broadcom (AVGO), Chipotle Mexican Grill (CMG), Apache (APA), American Airlines Group (AAL), Archer Daniels Midland (ADM), Wells Fargo & Co (WFC), AT&T (T), Athabasca Oil (ATH) and Occidental Petroleum (OXY).

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

Commscope's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.25%), FMR LLC (6.52%), Lyrical Asset Management LP (4.36%), First Trust Advisors LP (3.72%), Shelter Haven Capital Management L.P. (2.88%) and Russell Investments Group Ltd. (1.15%). Company insiders that own Commscope stock include Alexander W Pease, Bruce William Mcclelland, Claudius E Iv Watts, Frank B Wyatt II, Frank M Drendel, L William Krause, Peter U Karlsson and Robert W Granow.
View institutional ownership trends for Commscope.

COMM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, Russell Investments Group Ltd., Goldman Sachs Group Inc., Vanguard Group Inc., SG Americas Securities LLC, First Republic Investment Management Inc., and New York State Common Retirement Fund.
View insider buying and selling activity for Commscope.

COMM stock was acquired by a variety of institutional investors in the last quarter, including Shelter Haven Capital Management L.P., Balyasny Asset Management LLC, Cubist Systematic Strategies LLC, MUFG Securities EMEA plc, Monashee Investment Management LLC, Bank of America Corp DE, Lyrical Asset Management LP, and Marshall Wace North America L.P.. 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, L William Krause, and Robert W Granow.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of COMM stock can currently be purchased for approximately $10.61.

Commscope has a market capitalization of $2.09 billion and generates $8.35 billion in revenue each year. The communications equipment provider earns $-929,500,000.00 in net income (profit) each year or $1.79 on an earnings per share basis. Commscope employs 30,000 workers across the globe.

The official website for Commscope is 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]