NASDAQ:COMM - CommScope Stock Price, Price Target & More

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

CommScope announced that its board has initiated a stock buyback program on Thursday, August 3rd 2017, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

CommScope Holding Co (NASDAQ:COMM) issued its quarterly earnings results on Tuesday, May, 1st. The communications equipment provider reported $0.49 EPS for the quarter, topping the consensus estimate of $0.46 by $0.03. The communications equipment provider earned $1.12 billion during the quarter, compared to the consensus estimate of $1.11 billion. CommScope had a return on equity of 24.08% and a net margin of 4.27%. The company's quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the company posted $0.52 earnings per share. View CommScope's Earnings History.

CommScope is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for CommScope.

CommScope issued an update on its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share (EPS) guidance of $2.33-2.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.63. The company issued revenue guidance of $4.675-4.825, compared to the consensus revenue estimate of $4.77 billion.CommScope also updated its Q2 guidance to $0.63-0.68 EPS.

11 equities research analysts have issued 12-month price targets for CommScope's stock. Their forecasts range from $31.00 to $48.00. On average, they anticipate CommScope's stock price to reach $38.5556 in the next twelve months. View Analyst Ratings for CommScope.

Some companies that are related to CommScope include Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), ARRIS Group (ARRS), Echostar (SATS), Viasat (VSAT), Maxar Technologies (MAXR), Casa Systems (CASA), Mitel Networks (MITL), Loral Space & Communications (LORL), CalAmp (CAMP), Comtech Telecommunications (CMTL), Sierra Wireless (SWIR), Energous (WATT) and Gilat Satellite Networks (GILT).

News stories about COMM stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CommScope earned a media sentiment score of 0.11 on Accern's scale. They also assigned media stories about the communications equipment provider an impact score of 46.25 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

CommScope's stock is owned by many different of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (5.95%), BlackRock Inc. (4.90%), Franklin Resources Inc. (4.42%), Blue Harbour Group L.P. (4.03%), Rivulet Capital LLC (1.99%) and Criterion Capital Management LLC (0.91%). Company insiders that own CommScope stock include Alexander W Pease, Claudius E Iv Watts, Frank B Wyatt II, Frank M Drendel, Group LP Carlyle, 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 BlackRock Inc., Diamond Hill Capital Management Inc., Myriad Asset Management Ltd., Sei Investments Co., Boston Partners, Stifel Financial Corp, Russell Investments Group Ltd. and Swiss National Bank. 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 bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Blue Harbour Group L.P., American Century Companies Inc., Criterion Capital Management LLC, Korea Investment CORP, Baird Financial Group Inc., New York State Common Retirement Fund and AO Asset Management LP. 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 $29.20.

CommScope has a market capitalization of $5.69 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.

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]