NASDAQ:COMM - Commscope Stock Price, Forecast & News

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

Commscope Holding Company Inc (NASDAQ:COMM) posted its quarterly earnings results on Thursday, February, 20th. The communications equipment provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.25 by $0.21. The communications equipment provider earned $2.30 billion during the quarter, compared to analysts' expectations of $2.28 billion. Commscope had a negative net margin of 11.14% and a positive return on equity of 28.01%. The firm's quarterly revenue was up 117.3% compared to the same quarter last year. During the same period last year, the company posted $0.51 earnings per share. View Commscope's Earnings History.

Commscope is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Commscope.

Commscope issued an update on its first quarter earnings guidance on Thursday, February, 20th. The company provided EPS guidance of $0.03-0.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.31. The company issued revenue guidance of $1.9-2.1 billion, compared to the consensus revenue estimate of $2.14 billion.

13 Wall Street analysts have issued 1-year target prices for Commscope's stock. Their forecasts range from $13.00 to $28.00. On average, they anticipate Commscope's stock price to reach $18.33 in the next twelve months. This suggests a possible upside of 45.3% from the stock's current price. View Analyst Price Targets for Commscope.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commscope in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Commscope.

Media stories about COMM stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Commscope earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave headlines about the communications equipment provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the next several days. View News Stories for Commscope.

Commscope saw a decline in short interest in January. As of January 15th, there was short interest totalling 10,280,000 shares, a decline of 12.0% from the December 31st total of 11,680,000 shares. Based on an average daily trading volume, of 3,290,000 shares, the days-to-cover ratio is currently 3.1 days. Approximately 5.4% of the shares of the company are sold short. View Commscope's Current Options Chain.

Some companies that are related to Commscope include Ubiquiti (UI), Echostar (SATS), ViaSat (VSAT), Loral Space & Communications Ltd. (LORL), Maxar Technologies (MAXR), Comtech Telecomm. (CMTL), Harmonic (HLIT), Gilat Satellite Networks (GILT), Casa Systems (CASA), CalAmp (CAMP), Sierra Wireless (SWIR), KVH Industries (KVHI), Cambium Networks (CMBM), PC Tel (PCTI) and SeaChange International (SEAC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Commscope investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), American Airlines Group (AAL), Apache (APA), Broadcom (AVGO), Archer Daniels Midland (ADM), Wells Fargo & Co (WFC), Athabasca Oil (ATH), Charles Schwab (SCHW) and AT&T (T).

Commscope's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Maverick Capital Ltd. (9.96%), FMR LLC (9.69%), Lyrical Asset Management LP (4.28%), First Trust Advisors LP (3.61%), Franklin Resources Inc. (3.59%) and Levin Easterly Partners LLC (2.76%). 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, L William Krause, Marvin S Edwards Jr, Morgan C S Kurk, Peter U Karlsson, Robert W Granow, Robyn T Mingle and Timothy T Yates. View Institutional Ownership Trends for Commscope.

COMM stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., First Trust Advisors LP, Levin Easterly Partners LLC, AQR Capital Management LLC, Bank of America Corp DE, Credit Suisse AG, Q Global Advisors LLC and UBS Group AG. 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.

COMM stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Schonfeld Strategic Advisors LLC, Lyrical Asset Management LP, Coronation Fund Managers Ltd., Bank of Montreal Can, Hawk Ridge Capital Management LP, Geode Capital Management LLC and Oxford Asset Management LLP. 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, L William Krause, Morgan C S Kurk, Robert W Granow, Robyn T Mingle and Timothy T Yates. View Insider Buying and Selling 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 $12.62.

Commscope has a market capitalization of $2.45 billion and generates $8.35 billion in revenue each year. The communications equipment provider earns $140.22 million in net income (profit) each year or $1.79 on an earnings per share basis. Commscope employs 20,000 workers across the globe.View Additional Information About Commscope.

The official website for Commscope is http://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]