NASDAQ:COMM - Commscope Stock Price, News, & Analysis

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$23.82 +0.22 (+0.93 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$23.82
Today's Range$23.15 - $23.89
52-Week Range$15.09 - $41.60
Volume2.94 million shs
Average Volume1.74 million shs
Market Capitalization$4.58 billion
P/E Ratio11.29
Dividend YieldN/A
Beta1.31
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. This segment also provides fiber optic connectivity solutions, including hardened connector systems, fiber distribution hubs and management systems, couplers and splitters, plug and play multiport service terminals, hardened optical terminating enclosures, high density cable assemblies, splices, and splice closures that supports video, voice, and high-speed data services provided by telecommunications operators and multi-system operators. Its CommScope Mobility Solutions segment offers macro cell site solutions for wireless tower sites and on rooftops, such as base station antennas, microwave antennas, hybrid fiber-feeder and power cables, coaxial cables, connectors, and filters; metro cell solutions for street poles and other urban structures comprising radio frequency delivery and connectivity solutions, equipment housing, and concealment; and small cell and distributed antenna system (DAS) solutions consisting of DAS and distributed cell solutions that allow wireless operators to enhance efficiency, and cellular coverage and capacity in network conditions. This segment provides its solutions under the Andrew brand. CommScope Holding Company, Inc. sells its products through a network of distributors, system integrators, and resellers. The company was formerly known as Cedar I Holding Company, Inc. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina.

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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$4.1069 per share
Book Value$8.64 per share

Profitability

Net Income$193.76 million

Miscellaneous

Employees20,000
Market Cap$4.58 billion
Next Earnings Date5/7/2019 (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 will Commscope's stock buyback program work?

Commscope announced that its Board of Directors has authorized a share buyback plan on Thursday, August 3rd 2017, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

How were Commscope's earnings last quarter?

Commscope Holding Company Inc (NASDAQ:COMM) posted its quarterly earnings data on Thursday, February, 21st. The communications equipment provider reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.08. The communications equipment provider had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.06 billion. Commscope had a net margin of 3.07% and a return on equity of 23.64%. The company's revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.47 earnings per share. View Commscope's Earnings History.

When is Commscope's next earnings date?

Commscope is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Commscope.

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

Commscope updated its FY19 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of $2.10-2.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.18. The company issued revenue guidance of $4.505-4.655 billion, compared to the consensus revenue estimate of $4.57 billion.Commscope also updated its FY 2019 guidance to $2.10-2.25 EPS.

What price target have analysts set for COMM?

13 brokers have issued twelve-month price objectives for Commscope's shares. Their predictions range from $18.20 to $36.00. On average, they expect Commscope's stock price to reach $27.52 in the next twelve months. This suggests a possible upside of 15.5% 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 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. Rosenblatt Securities analysts commented, "We continue to see minimal strategic value with the company’s announced accretive acquisition of Arris (ARRS: in cash. We increase our 1Q19 estimates, in-line with management’s guidance, and increase our 2019 estimates to the low end of management’s guidance. We maintain our Neutral rating on COMM and increase our 12-month price target to $24." (2/22/2019)
  • 2. According to Zacks Investment Research, "Over time, CommScope has been grappling with the adverse impacts of rising costs and expenses. The company's cash position has weakened over time. Moreover, simmering tensions between the United States and China related to trade restrictions have dented the credibility of the industry and led to loss of businesses. Further, in the past year, the company’s shares have underperformed the industry on an average. However, CommScope is focusing on sound technology, highly efficient supply chain, cost-saving initiatives and commitment for continuous improvement. This will potentially make the company a preferred partner for all telecommunications businesses, as the entire industry moves toward 5G. CommScope is also dedicatedly developing solutions designed to support wireline and wireless network convergence, which will be essential for the success of 5G technologies." (1/8/2019)

Has Commscope been receiving favorable news coverage?

Headlines about COMM stock have been trending negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog 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 coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news stories about the communications equipment provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.

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), Athabasca Oil (ATH), American Airlines Group (AAL), Archer Daniels Midland (ADM), Apache (APA), Broadcom (AVGO), Aegean Marine Petroleum Network (ANW), Charles Schwab (SCHW) and Terex (TEX).

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 variety of of institutional and retail investors. Top institutional shareholders include Levin Capital Strategies L.P. (2.35%), Prudential Financial Inc. (1.66%), Two Sigma Advisers LP (1.49%), Two Sigma Investments LP (1.18%), Geode Capital Management LLC (1.09%) and Macquarie Group Ltd. (0.99%). Company insiders that own Commscope stock include Alexander W Pease, 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 institutional investors are selling Commscope stock?

COMM stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Makaira Partners LLC, Diamond Hill Capital Management Inc., Victory Capital Management Inc., Macquarie Group Ltd., SG Americas Securities LLC, Millennium Management LLC and Soapstone Management L.P.. Company insiders that have sold Commscope company stock in the last year include Frank M Drendel and Marvin S Edwards Jr. View Insider Buying and Selling for Commscope.

Which institutional investors are buying Commscope stock?

COMM stock was bought by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., Two Sigma Advisers LP, Prudential Financial Inc., Two Sigma Investments LP, Strs Ohio, Gotham Asset Management LLC, Connor Clark & Lunn Investment Management Ltd. and Dimensional Fund Advisors 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.

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 $23.82.

How big of a company is Commscope?

Commscope has a market capitalization of $4.58 billion and generates $4.57 billion in revenue each year. The communications equipment provider earns $193.76 million in net income (profit) each year or $2.11 on an earnings per share basis. Commscope employs 20,000 workers across the globe.

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:  2.9 out of 5 (star star)
Outperform Votes:  433 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  756
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 2/23/2019 by MarketBeat.com Staff

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