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.
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Industry, Sector and Symbol
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Phone82-8-3242-200x
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.57 billion
Profitability
Miscellaneous
Employees20,000
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable
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) announced its quarterly earnings data on Thursday, August, 8th. The communications equipment provider reported $0.66 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.16. The communications equipment provider earned $2.57 billion during the quarter, compared to analysts' expectations of $2.57 billion. Commscope had a positive return on equity of 25.08% and a negative net margin of 5.03%. Commscope's revenue for the quarter was up 107.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.68 EPS. View Commscope's Earnings History.
When is Commscope's next earnings date?
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 (EPS) guidance of $0.37 to $0.47 for the period, compared to the Thomson Reuters consensus EPS 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 price objectives for Commscope's shares. Their predictions range from $16.00 to $28.00. On average, they anticipate Commscope's share price to reach $20.05 in the next year. This suggests a possible upside of 85.1% 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?
News stories about COMM stock have been trending negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -2.3 on InfoTrie's scale. They also assigned news coverage 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 effect on the company's share price in the near term. View News Stories for Commscope.
Are investors shorting Commscope?
Commscope saw a increase in short interest in July. As of July 31st, there was short interest totalling 12,428,600 shares, an increase of 21.0% from the June 30th total of 10,271,600 shares. Based on an average daily volume of 3,460,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 6.6% of the company's shares are sold short. View Commscope's Current Options Chain.
Who are some of Commscope's key competitors?
Some companies that are related to Commscope include Ubiquiti Networks (UBNT), ViaSat (VSAT), Echostar (SATS), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Harmonic (HLIT), Casa Systems (CASA), Gilat Satellite Networks (GILT), Sierra Wireless (SWIR), Maxar Technologies (MAXR), CalAmp (CAMP), Cambium Networks (CMBM), Ceragon Networks (CRNT), KVH Industries (KVHI) and Pointer Telocation (PNTR).
What other stocks do shareholders of Commscope own?
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 a number of of retail and institutional investors. Top institutional investors 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, 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 bought 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, 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, Scottrade, Fidelity and Charles Schwab.
What is Commscope's stock price today?
One share of COMM stock can currently be purchased for approximately $10.83.
How big of a company is Commscope?
Commscope has a market capitalization of $2.10 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?
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)
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.
