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, November, 7th. The communications equipment provider reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.11. The communications equipment provider earned $2.38 billion during the quarter, compared to analysts' expectations of $2.42 billion. Commscope had a negative net margin of 7.26% and a positive return on equity of 27.25%. The business's quarterly revenue was up 106.9% on a year-over-year basis. During the same quarter last year, the company posted $0.59 earnings per share. View Commscope's Earnings History.

Commscope is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Commscope.

Commscope issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $0.27-0.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.48. The company issued revenue guidance of $$2.2-2.4 billion, compared to the consensus revenue estimate of $$2.45 billion.

13 brokerages have issued 1-year price objectives for Commscope's stock. Their forecasts range from $13.00 to $28.00. On average, they expect Commscope's share price to reach $18.33 in the next twelve months. This suggests a possible upside of 29.5% 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.

Press coverage about COMM stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Commscope earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave media headlines about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Commscope.

Commscope saw a decrease in short interest in December. As of December 31st, there was short interest totalling 10,280,000 shares, a decrease of 12.0% from the December 15th total of 11,680,000 shares. Based on an average daily trading volume, of 3,330,000 shares, the short-interest ratio is presently 3.1 days. Approximately 5.4% of the shares of the stock are short sold. View Commscope's Current Options Chain.

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

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 retail and institutional investors. Top institutional investors include Coronation Fund Managers Ltd. (0.58%), Inlet Private Wealth LLC (0.05%), Zeke Capital Advisors LLC (0.03%), Wiley BROS. Aintree Capital LLC (0.02%) and Janney Montgomery Scott LLC (0.02%). 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, Philip Martin Armstrong Jr, Robert W Granow, Robyn T Mingle, Stephen C Gray 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 Inlet Private Wealth LLC, Zeke Capital Advisors LLC and Janney Montgomery Scott LLC. 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 bought by a variety of institutional investors in the last quarter, including Coronation Fund Managers Ltd. and Wiley BROS. Aintree Capital LLC. 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 $14.16.

Commscope has a market capitalization of $2.75 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.

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]