NASDAQ:COMMCommscope Stock Price, Forecast & News

Commscope's stock was trading at $7.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, COMM shares have increased by 40.1% and is now trading at $10.69.
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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) released its earnings results on Thursday, August, 6th. The communications equipment provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.22. The communications equipment provider earned $2.10 billion during the quarter, compared to analysts' expectations of $2.06 billion. Commscope had a negative net margin of 12.19% and a positive return on equity of 33.85%. The company's revenue for the quarter was down 18.1% compared to the same quarter last year. During the same period last year, the business posted $0.66 earnings per share.
View Commscope's earnings history.

15 Wall Street analysts have issued 12 month target prices for Commscope's stock. Their forecasts range from $10.00 to $18.00. On average, they anticipate Commscope's share price to reach $13.65 in the next year. This suggests a possible upside of 27.7% from the stock's current price.
View analysts' price targets for Commscope.

Media stories about COMM stock have trended extremely negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Commscope earned a coverage optimism score of -4.1 on InfoTrie's scale. They also assigned 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 company's share price in the near future.
View the latest news about Commscope.

Commscope saw a increase in short interest during 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 short-interest ratio is currently 3.8 days. Currently, 6.3% of the company's stock 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 a number of retail and institutional investors. Top institutional investors include FMR LLC (6.52%), Lyrical Asset Management LP (4.36%), First Trust Advisors LP (3.72%), Russell Investments Group Ltd. (1.15%), Goldman Sachs Group Inc. (0.64%) and Bank of New York Mellon Corp (0.36%). 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., SG Americas Securities LLC, First Republic Investment Management Inc., New York State Common Retirement Fund, and Clear Harbor Asset Management LLC.
View insider buying and selling activity for Commscope.

COMM stock was acquired by a variety of institutional investors in the last quarter, including MUFG Securities EMEA plc, Monashee Investment Management LLC, Lyrical Asset Management LP, Marshall Wace North America L.P., Marshall Wace LLP, Staley Capital Advisers Inc., Sciencast Management LP, and Blue Rock Advisors LLC. 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 $10.69.

Commscope has a market capitalization of $2.10 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]