NASDAQ:COMMCommscope Stock Price, Forecast & News

Commscope's stock was trading at $7.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, COMM stock has increased by 2.6% and is now trading at $7.83. View which stocks have been most impacted by Coronavirus.

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.

Commscope is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Commscope.

Commscope Holding Company Inc (NASDAQ:COMM) released its earnings results on Thursday, May, 7th. The communications equipment provider reported $0.12 EPS for the quarter, beating the consensus estimate of $0.06 by $0.06. The communications equipment provider earned $2.03 billion during the quarter, compared to the consensus estimate of $1.97 billion. Commscope had a negative net margin of 11.72% and a positive return on equity of 32.68%. Commscope's quarterly revenue was up 84.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.48 earnings per share. View Commscope's earnings history.

14 equities research analysts have issued 1 year target prices for Commscope's stock. Their forecasts range from $10.00 to $17.00. On average, they anticipate Commscope's stock price to reach $13.65 in the next twelve months. This suggests a possible upside of 74.4% from the stock's current price. View analysts' price targets for Commscope.

News articles about COMM stock have been trending neutral recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Commscope earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave press coverage about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Commscope.

Commscope saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 8,810,000 shares, a decline of 9.5% from the June 15th total of 9,730,000 shares. Based on an average daily volume of 4,240,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 4.6% of the company's shares are short sold. View Commscope's Current Options Chain.

Some companies that are related to Commscope include Echostar (SATS), ViaSat (VSAT), Maxar Technologies (MAXR), Harmonic (HLIT), Casa Systems (CASA), Comtech Telecomm. (CMTL), Loral Space & Communications Ltd. (LORL), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), CalAmp (CAMP), Cambium Networks (CMBM), Ceragon Networks (CRNT), Energous (WATT), KVH Industries (KVHI) and PC Tel (PCTI). View all competitors.

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), Apache (APA), Archer Daniels Midland (ADM), Broadcom (AVGO), Athabasca Oil (ATH), Wells Fargo & Co (WFC), Primo Water (PRMW) and Charles Schwab (SCHW).

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

Commscope's stock is owned by a variety of institutional and retail investors. Top institutional investors include Exane Derivatives (0.02%), Wiley BROS. Aintree Capital LLC (0.02%) and Symphony Financial Ltd. Co. (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, 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 Wiley BROS. Aintree Capital LLC. View insider buying and selling activity for Commscope.

COMM stock was acquired by a variety of institutional investors in the last quarter, including Exane Derivatives, and Symphony Financial Ltd. Co.. 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 $7.83.

Commscope has a market capitalization of $1.53 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]