NASDAQ:COMM - Commscope Stock Price, News, & Analysis

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

Commscope declared that its board has initiated a stock buyback plan on Thursday, August 3rd 2017, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

Commscope Holding Company Inc (NASDAQ:COMM) issued its quarterly earnings results on Wednesday, November, 1st. The communications equipment provider reported $0.55 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.01. The communications equipment provider earned $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. Commscope had a net margin of 4.69% and a return on equity of 23.68%. The company's quarterly revenue was down 12.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.81 earnings per share. View Commscope's Earnings History.

Commscope is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Commscope.

Commscope will be holding an earnings conference call on Thursday, February 21st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8443976169.

Commscope updated its FY 2018 earnings guidance on Monday, January, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.555-4.58 billion, compared to the consensus revenue estimate of $4.55 billion.Commscope also updated its Q4 2018 guidance to EPS.

13 brokers have issued 12-month price targets for Commscope's stock. Their predictions range from $18.20 to $36.00. On average, they expect Commscope's stock price to reach $28.32 in the next twelve months. This suggests a possible upside of 24.9% 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 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Commscope.

News articles about COMM stock have trended somewhat positive on Saturday, InfoTrie reports. The research firm identifies negative and positive news 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 daily sentiment score of 1.2 on InfoTrie's scale. They also gave headlines about the communications equipment provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the near future.

Some companies that are related to Commscope include L3 Technologies (LLL), Ubiquiti Networks (UBNT), ARRIS International (ARRS), ViaSat (VSAT), Echostar (SATS), Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA), Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), CalAmp (CAMP), Gilat Satellite Networks (GILT), Harmonic (HLIT), Ceragon Networks (CRNT) and Maxar Technologies (MAXR).

Commscope's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Levin Capital Strategies L.P. (2.35%), Prudential Financial Inc. (1.66%), Two Sigma Advisers LP (1.49%), Two Sigma Investments LP (1.18%), Geode Capital Management LLC (1.09%) and Macquarie Group Ltd. (0.99%). Company insiders that own Commscope stock include Alexander W Pease, Claudius E Iv Watts, Frank B Wyatt II, Frank M Drendel, Joanne M Maguire, Marvin S Edwards Jr, 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 Citigroup Inc., Makaira Partners LLC, Diamond Hill Capital Management Inc., Victory Capital Management Inc., Macquarie Group Ltd., SG Americas Securities LLC, Millennium Management LLC and Soapstone Management L.P.. Company insiders that have sold Commscope company stock in the last year include Frank M Drendel, Marvin S Edwards Jr, Philip Martin Armstrong Jr and Stephen C Gray. View Insider Buying and Selling for Commscope.

COMM stock was purchased by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., Two Sigma Advisers LP, Prudential Financial Inc., Two Sigma Investments LP, Strs Ohio, Gotham Asset Management LLC, Connor Clark & Lunn Investment Management Ltd. and Dimensional Fund Advisors LP. Company insiders that have bought Commscope stock in the last two years include Alexander W Pease, Claudius E Iv Watts, Frank B Wyatt II, Joanne M Maguire, 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, Scottrade, Fidelity and Charles Schwab.

One share of COMM stock can currently be purchased for approximately $22.68.

Commscope has a market capitalization of $4.36 billion and generates $4.56 billion in revenue each year. The communications equipment provider earns $193.76 million in net income (profit) each year or $2.02 on an earnings per share basis. Commscope employs 20,000 workers across the globe.

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]