NASDAQ:COMMCommscope Stock Price, Forecast & News

Commscope's stock was trading at $7.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, COMM stock has increased by 2.6% and is now trading at $7.83. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commscope in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Commscope.

Commscope is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Commscope.

Commscope Holding Company Inc (NASDAQ:COMM) issued its earnings results on Thursday, May, 7th. The communications equipment provider reported $0.12 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.06. The communications equipment provider earned $2.03 billion during the quarter, compared to analysts' expectations of $1.97 billion. Commscope had a positive return on equity of 32.68% and a negative net margin of 11.72%. The business's quarterly revenue was up 84.9% on a year-over-year basis. During the same period last year, the company posted $0.48 earnings per share. View Commscope's earnings history.

14 analysts have issued 12-month price targets for Commscope's shares. Their forecasts range from $10.00 to $17.00. On average, they expect Commscope's stock price to reach $13.65 in the next year. This suggests a possible upside of 74.4% from the stock's current price. View analysts' price targets for Commscope.

News coverage about COMM stock has been trending positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news 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 daily sentiment score of 3.0 on InfoTrie's scale. They also assigned news coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Commscope.

Commscope saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 8,810,000 shares, a drop of 9.5% from the June 15th total of 9,730,000 shares. Based on an average daily volume of 4,240,000 shares, the short-interest ratio is presently 2.1 days. Approximately 4.6% of the company's shares are sold short. View Commscope's Current Options Chain.

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

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), Archer Daniels Midland (ADM), Broadcom (AVGO), Athabasca Oil (ATH), Wells Fargo & Co (WFC), Primo Water (PRMW) and Charles Schwab (SCHW).

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

Commscope's stock is owned by a number of retail and institutional investors. Top institutional investors include Exane Derivatives (0.02%), Wiley BROS. Aintree Capital LLC (0.02%) and Symphony Financial Ltd. Co. (0.01%). Company insiders that own Commscope stock include Alexander W Pease, Bruce William Mcclelland, Claudius E Iv Watts, Frank B Wyatt II, Frank M Drendel, L William Krause, Peter U Karlsson and Robert W Granow. View institutional ownership trends for Commscope.

COMM stock was sold by a variety of institutional investors in the last quarter, including Wiley BROS. Aintree Capital LLC. View insider buying and selling activity for Commscope.

COMM stock was bought by a variety of institutional investors in the last quarter, including Exane Derivatives, and Symphony Financial Ltd. Co.. 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, L William Krause, and Robert W Granow. View insider buying and selling activity 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 $7.83.

Commscope has a market capitalization of $1.53 billion and generates $8.35 billion in revenue each year. The communications equipment provider earns $-929,500,000.00 in net income (profit) each year or $1.79 on an earnings per share basis. Commscope employs 30,000 workers across the globe.

The official website for Commscope is 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]