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Agilent Technologies Proves Its Worth VS Illumina 
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Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
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Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
NASDAQ:COMM

CommScope - COMM Stock Forecast, Price & News

$10.63
-0.12 (-1.12%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$10.38
$10.84
50-Day Range
$5.98
$10.81
52-Week Range
$5.56
$16.19
Volume
2.65 million shs
Average Volume
4.22 million shs
Market Capitalization
$2.21 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.67

CommScope MarketRank™ Forecast

Analyst Rating
Hold
1.91 Rating Score
Upside/​Downside
9.1% Downside
$9.67 Price Target
Short Interest
Healthy
5.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.85
Upright™ Environmental Score
News Sentiment
0.86mentions of CommScope in the last 14 days
Based on 12 Articles This Week
Insider Trading
Acquiring Shares
$789,705 Bought Last Quarter
Proj. Earnings Growth
43.92%
From $1.48 to $2.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Computer And Technology Sector

148th out of 667 stocks

Radio & T.V. Communications Equipment Industry

8th out of 25 stocks

COMM stock logo

About CommScope (NASDAQ:COMM) Stock

CommScope Holding Company, Inc. provides infrastructure solutions for communications and entertainment networks. It operates through four segments: Broadband Networks (Broadband), Outdoor Wireless Networks (OWN), Venue and Campus Networks (VCN), and Home Networks (Home). The Broadband segment provides converged cable access platforms, passive optical networking products, video systems, access technologies, fiber and coaxial cables, fiber and copper connectivity products, and hardened closures to the telco and cable provider broadband market. The OWN segment provides base station antennas, radio frequency filters, tower connectivity, microwave antennas, metro cell products, cabinets, steel towers, accessories, Spectrum Access System, and Comsearch products to the macro and metro cell markets. The VCN segment offers Wi-Fi and switching, distributed antenna systems, licensed and unlicensed small cells, enterprise fiber, and copper infrastructures for campuses, venues, data centers, and buildings. The Home segment provides devices and related software, and management solutions that offer residential connectivity and services to subscribers, such as digital subscriber lines, cable modems, and telephony and data gateways; and set top boxes and software that support cable, satellite, and Internet protocol television content delivery, which include digital video recorders, high definition set top boxes, and hybrid set top devices. It offers its products and services through specialized resellers and distributors, satellite video distributors, and system integrators, as well as directly to customers in the United States, Europe, the Middle East, Africa, the Asia Pacific, the Caribbean, Latin America, and Canada. The company was formerly known as Cedar I Holding Company, Inc. and changed its name to CommScope Holding Company, Inc. in January 2011. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of CommScope from $9.00 to $12.00 and gave the company a "buy" rating in a research report on Friday, August 5th. Morgan Stanley downgraded CommScope from an "overweight" rating to an "equal weight" rating and increased their price target for the stock from $9.00 to $11.00 in a research note on Friday, August 5th. JPMorgan Chase & Co. lowered their price objective on CommScope from $9.00 to $7.00 and set a "neutral" rating on the stock in a research note on Thursday, July 14th. Citigroup lifted their target price on shares of CommScope from $6.00 to $7.00 and gave the stock a "sell" rating in a research note on Friday, August 5th. Finally, Evercore ISI cut their price objective on shares of CommScope from $8.00 to $7.00 and set an "in-line" rating for the company in a report on Tuesday, June 28th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $9.67.

CommScope Trading Down 1.1 %

Shares of CommScope stock traded down $0.12 during trading on Wednesday, hitting $10.63. The stock had a trading volume of 2,650,699 shares, compared to its average volume of 4,222,527. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of -4.64, a P/E/G ratio of 0.31 and a beta of 1.87. CommScope has a 12 month low of $5.56 and a 12 month high of $16.19. The business's 50-day moving average is $7.69 and its 200 day moving average is $7.79.

CommScope (NASDAQ:COMM - Get Rating) last released its quarterly earnings results on Thursday, August 4th. The communications equipment provider reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.09. CommScope had a negative return on equity of 105.05% and a negative net margin of 4.65%. The firm had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.26 billion. During the same quarter last year, the firm posted $0.38 EPS. The company's revenue was up 5.3% compared to the same quarter last year. As a group, equities analysts expect that CommScope will post 1.48 EPS for the current year.

Insider Activity at CommScope

In related news, CEO Charles L. Treadway purchased 59,927 shares of the business's stock in a transaction on Thursday, June 2nd. The stock was acquired at an average price of $8.34 per share, with a total value of $499,791.18. Following the purchase, the chief executive officer now directly owns 1,212,302 shares in the company, valued at $10,110,598.68. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other CommScope news, Director Claudius E. Iv Watts purchased 10,000 shares of the stock in a transaction on Tuesday, August 9th. The stock was acquired at an average cost of $9.45 per share, with a total value of $94,500.00. Following the completion of the purchase, the director now directly owns 554,030 shares of the company's stock, valued at approximately $5,235,583.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Charles L. Treadway purchased 59,927 shares of CommScope stock in a transaction that occurred on Thursday, June 2nd. The shares were bought at an average price of $8.34 per share, for a total transaction of $499,791.18. Following the completion of the transaction, the chief executive officer now owns 1,212,302 shares in the company, valued at $10,110,598.68. The disclosure for this purchase can be found here. Insiders have purchased 92,814 shares of company stock valued at $789,705 over the last three months. 2.40% of the stock is owned by corporate insiders.

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COMM Stock News Headlines

Here's Why CommScope (COMM) is a Strong Value Stock
CommScope (NASDAQ:COMM) Cut to Equal Weight at Morgan Stanley
Citigroup Raises CommScope (NASDAQ:COMM) Price Target to $7.00
CommScope: Q2 Earnings Snapshot - Greenwich Time
CommScope Beats On Q2; Predicts Stronger 2H
See More Headlines
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COMM Company Calendar

Last Earnings
8/04/2022
Today
8/17/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:COMM
Fax
N/A
Employees
30,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$9.67
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
-9.1%
Consensus Rating
Hold
Rating Score (0-4)
1.91
Research Coverage
11 Analysts

Profitability

Net Income
$-462,600,000.00
Pretax Margin
-4.94%

Debt

Sales & Book Value

Annual Sales
$8.59 billion
Cash Flow
$5.14 per share
Book Value
($2.27) per share

Miscellaneous

Free Float
203,196,000
Market Cap
$2.21 billion
Optionable
Optionable
Beta
1.87

Key Executives














COMM Stock - Frequently Asked Questions

Should I buy or sell CommScope stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CommScope in the last twelve months. There are currently 3 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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.

What is CommScope's stock price forecast for 2022?

11 Wall Street analysts have issued 12-month price objectives for CommScope's stock. Their COMM share price forecasts range from $7.00 to $15.00. On average, they predict the company's stock price to reach $9.67 in the next year. This suggests that the stock has a possible downside of 9.1%.
View analysts price targets for COMM
or view top-rated stocks among Wall Street analysts.

How have COMM shares performed in 2022?

CommScope's stock was trading at $11.04 at the start of the year. Since then, COMM shares have decreased by 3.7% and is now trading at $10.63.
View the best growth stocks for 2022 here
.

When is CommScope's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our COMM earnings forecast
.

How were CommScope's earnings last quarter?

CommScope Holding Company, Inc. (NASDAQ:COMM) posted its quarterly earnings data on Thursday, August, 4th. The communications equipment provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.09. The communications equipment provider earned $2.30 billion during the quarter, compared to analyst estimates of $2.26 billion. CommScope had a negative net margin of 4.65% and a negative trailing twelve-month return on equity of 105.05%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 EPS.

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), Broadcom (AVGO), Archer-Daniels-Midland (ADM), AT&T (T), Wells Fargo & Company (WFC), American Airlines Group (AAL), Charles Schwab (SCHW) and Occidental Petroleum (OXY).

What is CommScope's stock symbol?

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

Who are CommScope's major shareholders?

CommScope's stock is owned by many different retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (2.28%), State Street Corp (2.13%), Wolf Hill Capital Management LP (1.79%), Diameter Capital Partners LP (1.06%), Northern Trust Corp (1.00%) and AQR Capital Management LLC (0.65%). 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, L William Krause and Timothy T Yates.
View institutional ownership trends
.

How do I buy shares of CommScope?

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.
Compare Top Brokerages Here.

What is CommScope's stock price today?

One share of COMM stock can currently be purchased for approximately $10.63.

How much money does CommScope make?

CommScope (NASDAQ:COMM) has a market capitalization of $2.21 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 ($2.29) on an earnings per share basis.

How many employees does CommScope have?

The company employs 30,000 workers across the globe.

How can I contact CommScope?

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.

This page (NASDAQ:COMM) was last updated on 8/18/2022 by MarketBeat.com Staff

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