CommScope - COMM Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommScope in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" COMM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COMM, but not buy additional shares or sell existing shares.
View COMM analyst ratings or view top-rated stocks.

9 Wall Street research analysts have issued twelve-month target prices for CommScope's stock. Their COMM share price forecasts range from $7.00 to $17.00. On average, they anticipate the company's share price to reach $10.88 in the next twelve months. This suggests a possible upside of 37.8% from the stock's current price.
View analysts price targets for COMM or view top-rated stocks among Wall Street analysts.

CommScope's stock was trading at $7.35 at the start of the year. Since then, COMM shares have increased by 7.3% and is now trading at $7.89.
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CommScope saw a drop in short interest in January. As of January 15th, there was short interest totaling 10,880,000 shares, a drop of 5.1% from the December 31st total of 11,470,000 shares. Based on an average trading volume of 3,130,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 5.4% of the shares of the company are short sold.
View CommScope's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our COMM earnings forecast.

CommScope Holding Company, Inc. (NASDAQ:COMM) posted its quarterly earnings data on Thursday, November, 3rd. The communications equipment provider reported $0.44 EPS for the quarter, topping the consensus estimate of $0.42 by $0.02. The communications equipment provider had revenue of $2.38 billion for the quarter, compared to analyst estimates of $2.30 billion. CommScope had a negative net margin of 2.90% and a negative trailing twelve-month return on equity of 87.03%.

Based on aggregate information from My MarketBeat watchlists, some companies that other CommScope investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Broadcom (AVGO), Archer-Daniels-Midland (ADM), AT&T (T), Wells Fargo & Company (WFC), American Airlines Group (AAL), Charles Schwab (SCHW) and Occidental Petroleum (OXY).

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

CommScope's stock is owned by a variety of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (1.23%), Allspring Global Investments Holdings LLC (0.24%), Comerica Bank (0.01%), Counterpoint Mutual Funds LLC (0.01%), DAVENPORT & Co LLC (0.01%) and Stephens Inc. AR (0.00%). Insiders that own company stock include Charles L Treadway, Claudius E Iv Watts, Claudius E Iv Watts, Derrick A Roman, Farid Firouzbakht, Frank B Wyatt II, Frank M Drendel, Justin C Choi, Kyle David Lorentzen and Timothy T Yates.
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Shares of COMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COMM stock can currently be purchased for approximately $7.89.

CommScope (NASDAQ:COMM) has a market capitalization of $1.64 billion and generates $8.59 billion in revenue each year. The communications equipment provider earns $-462,600,000.00 in net income (profit) each year or ($1.57) on an earnings per share basis.

The company employs 30,000 workers across the globe.

CommScope's mailing address is 1100 COMMSCOPE PLACE SE, HICKORY NC, 28602. The official website for the company is www.commscope.com. The communications equipment provider can be reached via phone at (828) 324-2200 or via email at jennifer.crawford@commscope.com.