NASDAQ:COMM - Commscope Stock Price, News & Analysis

$13.32
+1.22 (+10.08 %)
(As of 09/17/2019 04:16 AM ET)
Today's Range
$12.11
Now: $13.32
$13.4450
50-Day Range
$9.7250
MA: $11.81
$14.95
52-Week Range
$9.52
Now: $13.32
$30.93
Volume5.28 million shs
Average Volume3.08 million shs
Market Capitalization$2.59 billion
P/E Ratio6.31
Dividend YieldN/A
Beta1.5
CommScope Holding Company, Inc provides infrastructure solutions for communications networks worldwide. The company's CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure software, and network rack and cabinet enclosures under the SYSTIMAX, NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, pre-terminated fiber connectivity, complete cabling systems, and cable assemblies for use in offices and data centers. Read More…

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:COMM
CUSIPN/A
Phone82-8-3242-200x

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.57 billion
Cash Flow$4.2286 per share
Book Value$9.14 per share

Profitability

Net Income$140.22 million

Miscellaneous

Employees20,000
Market Cap$2.59 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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Commscope (NASDAQ:COMM) Frequently Asked Questions

What is Commscope's stock symbol?

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

How were Commscope's earnings last quarter?

Commscope Holding Company Inc (NASDAQ:COMM) released its quarterly earnings data on Thursday, August, 8th. The communications equipment provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.50 by $0.16. The communications equipment provider had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.57 billion. Commscope had a positive return on equity of 25.08% and a negative net margin of 5.03%. Commscope's quarterly revenue was up 107.0% on a year-over-year basis. During the same period last year, the business posted $0.68 EPS. View Commscope's Earnings History.

When is Commscope's next earnings date?

Commscope is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Commscope.

What guidance has Commscope issued on next quarter's earnings?

Commscope issued an update on its third quarter earnings guidance on Thursday, August, 8th. The company provided earnings per share guidance of $0.37 to $0.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.63. The company issued revenue guidance of $2.30 billion to $2.50 billion, compared to the consensus revenue estimate of $2.70 billion.

What price target have analysts set for COMM?

13 brokers have issued 12-month target prices for Commscope's shares. Their forecasts range from $12.00 to $28.00. On average, they anticipate Commscope's share price to reach $19.3182 in the next twelve months. This suggests a possible upside of 45.0% from the stock's current price. View Analyst Price Targets for Commscope.

What is the consensus analysts' recommendation for Commscope?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commscope in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Commscope.

What are Wall Street analysts saying about Commscope stock?

Here are some recent quotes from research analysts about Commscope stock:
  • 1. Northland Securities analysts commented, "We believe that weakness was well known and fully priced into the shares heading in, and while our FY20 numbers come down, we continue to find the shares compellingly valued in front of multi year 5G, optical transport/backhaul and Remote PHY upgrades likely to gain steam in CY20." (8/9/2019)
  • 2. Rosenblatt Securities analysts commented, "We reduce our 12-month price target to $16 and maintain a buy rating. We believe COMM stock can see appreciation with strong execution, but the acquired dilution from Arris now appears a sizable anchor for the company." (8/9/2019)
  • 3. According to Zacks Investment Research, "CommScope is optimizing its excellent customer relationships and market position as telecom service providers continue to build their networks to increase capacity and coverage. The company is actively developing solutions to support the wireline and wireless network convergence for seamless 5G deployment. Moreover, the acquisition of ARRIS has allowed CommScope to benefit from the rapidly changing network and technology architectures with a unique set of complementary assets and capabilities to enable end-to-end communications. However, simmering tensions between the United States and China related to trade restrictions and tariff war pose significant threat to the top line. Higher operating expenses are likely to prove detrimental to margins and profitability. Lower return of capital remains another concern for the company." (6/4/2019)

Has Commscope been receiving favorable news coverage?

Press coverage about COMM stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 0.9 on InfoTrie's scale. They also gave news articles about the communications equipment provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Commscope.

Are investors shorting Commscope?

Commscope saw a increase in short interest in August. As of August 15th, there was short interest totalling 12,428,600 shares, an increase of 21.0% from the July 15th total of 10,271,600 shares. Based on an average daily trading volume, of 3,460,000 shares, the days-to-cover ratio is presently 3.6 days. Currently, 6.6% of the shares of the stock are short sold. View Commscope's Current Options Chain.

Who are some of Commscope's key competitors?

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), American Airlines Group (AAL), Broadcom (AVGO), Athabasca Oil (ATH), Archer Daniels Midland (ADM), Apache (APA), Charles Schwab (SCHW), Allergan (AGN) and Wells Fargo & Co (WFC).

Who are Commscope's key executives?

Commscope's management team includes the folowing people:
  • Mr. Marvin S. Edwards Jr., Pres, CEO & Director (Age 70)
  • Mr. Frank B. Wyatt II, Sr. VP, Gen. Counsel, Chief Ethics & Compliance Officer and Sec. (Age 56)
  • Mr. Peter U. Karlsson, Sr. VP of Global Sales (Age 55)
  • Mr. Alexander W. Pease, Exec. VP & CFO (Age 47)
  • Mr. Morgan C. S. Kurk, EVP & COO (Age 49)

Who are Commscope's major shareholders?

Commscope's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Maverick Capital Ltd. (9.54%), Vanguard Group Inc. (9.16%), JPMorgan Chase & Co. (4.59%), Lyrical Asset Management LP (4.02%), Russell Investments Group Ltd. (2.54%) and AQR Capital Management LLC (2.23%). Company insiders that own Commscope stock include Alexander W Pease, Bruce William Mcclelland, Claudius E Iv Watts, Frank B Wyatt II, Frank M Drendel, Joanne M Maguire, L William Krause, Marvin S Edwards Jr, Marvin S Edwards, Jr, Morgan C S Kurk, Peter U Karlsson, Philip Martin Armstrong Jr, Robert W Granow, Robyn T Mingle, Stephen C Gray and Timothy T Yates. View Institutional Ownership Trends for Commscope.

Which major investors are selling Commscope stock?

COMM stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Balyasny Asset Management LLC, First Trust Advisors LP, D. E. Shaw & Co. Inc., Invesco Ltd., Man Group plc, Strs Ohio and California Public Employees Retirement System. Company insiders that have sold Commscope company stock in the last year include Frank M Drendel and Peter U Karlsson. View Insider Buying and Selling for Commscope.

Which major investors are buying Commscope stock?

COMM stock was acquired by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Nuveen Asset Management LLC, Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, Virginia Retirement Systems ET AL, JPMorgan Chase & Co., Bank of America Corp DE and Morgan Stanley. 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, Joanne M Maguire, L William Krause, Morgan C S Kurk, Robert W Granow, Robyn T Mingle and Timothy T Yates. View Insider Buying and Selling for Commscope.

How do I buy shares of 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.

What is Commscope's stock price today?

One share of COMM stock can currently be purchased for approximately $13.32.

How big of a company is Commscope?

Commscope has a market capitalization of $2.59 billion and generates $4.57 billion in revenue each year. The communications equipment provider earns $140.22 million in net income (profit) each year or $2.11 on an earnings per share basis. Commscope employs 20,000 workers across the globe.View Additional Information About Commscope.

What is Commscope's official website?

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

How can I contact Commscope?

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]


MarketBeat Community Rating for Commscope (NASDAQ COMM)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  479 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  846
MarketBeat's community ratings are surveys of what our community members think about Commscope and other stocks. Vote "Outperform" if you believe COMM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COMM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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