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NASDAQ:COMM - Commscope Stock Price, Forecast & News

$8.50
-0.61 (-6.70 %)
(As of 04/2/2020 04:44 AM ET)
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Today's Range
$8.21
Now: $8.50▼
$8.84
50-Day Range
$5.76
MA: $10.36▼
$14.52
52-Week Range
$5.50
Now: $8.50▼
$27.00
Volume2.75 million shs
Average Volume4.57 million shs
Market Capitalization$1.66 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.67
CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. The company's CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure software, and network rack and cabinet enclosures under the SYSTIMAX, NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, pre-terminated fiber connectivity, complete cabling systems, and cable assemblies for use in offices and data centers. This segment also provides fiber optic connectivity solutions, including hardened connector systems, fiber distribution hubs and management systems, couplers and splitters, plug and play multiport service terminals, hardened optical terminating enclosures, high density cable assemblies, splices, and splice closures that supports video, voice, and high-speed data services provided by telecommunications operators and multi-system operators. Its CommScope Mobility Solutions segment offers macro cell site solutions for wireless tower sites and on rooftops, such as base station antennas, microwave antennas, hybrid fiber-feeder and power cables, coaxial cables, connectors, and filters; metro cell solutions for street poles and other urban structures comprising radio frequency delivery and connectivity solutions, equipment housing, and concealment; and small cell and distributed antenna system (DAS) solutions consisting of DAS and distributed cell solutions that allow wireless operators to enhance efficiency, and cellular coverage and capacity in network conditions. This segment provides its solutions under the Andrew brand. CommScope Holding Company, Inc. sells its products through a network of distributors, system integrators, and resellers. The company was formerly known as Cedar I Holding Company, Inc. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina.
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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:COMM
Previous Symbol
CUSIPN/A
CIK1517228
Webhttp://www.commscope.com/
Phone82-8-3242-200x

Debt

Debt-to-Equity Ratio11.72
Current Ratio1.72
Quick Ratio1.24

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio5.99
P/E Growth0.65

Sales & Book Value

Annual Sales$8.35 billion
Price / Sales0.20
Cash Flow$5.63 per share
Price / Cash Flow1.51
Book Value$4.31 per share
Price / Book1.97

Profitability

EPS (Most Recent Fiscal Year)$1.79
Net Income$-929,500,000.00
Net Margins-11.14%
Return on Equity31.35%
Return on Assets2.93%

Miscellaneous

Employees30,000
Outstanding Shares195,284,000
Market Cap$1.66 billion
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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NASDAQ:COMM Rates by TradingView

Commscope (NASDAQ:COMM) Frequently Asked Questions

How has Commscope's stock been impacted by COVID-19 (Coronavirus)?

Commscope's stock was trading at $7.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, COMM shares have increased by 11.4% and is now trading at $8.50. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Commscope?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commscope in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Commscope.

When is Commscope's next earnings date?

Commscope is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Commscope.

How were Commscope's earnings last quarter?

Commscope Holding Company Inc (NASDAQ:COMM) released its quarterly earnings results on Thursday, February, 20th. The communications equipment provider reported $0.46 earnings per share 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 31.35%. The business's revenue was up 117.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 earnings per share. View Commscope's earnings history.

What guidance has Commscope issued on next quarter's earnings?

Commscope issued an update on its first quarter earnings guidance on Thursday, February, 20th. The company provided earnings per share 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.

What price target have analysts set for COMM?

13 brokerages have issued 1 year price targets for Commscope's stock. Their forecasts range from $7.00 to $22.50. On average, they expect Commscope's share price to reach $15.58 in the next twelve months. This suggests a possible upside of 83.3% from the stock's current price. View analysts' price targets for Commscope.

What are Wall Street analysts saying about Commscope stock?

Here are some recent quotes from research analysts about Commscope stock:
  • 1. According to Zacks Investment Research, "CommScope reported decent fourth-quarter 2019 results, with the bottom line and the top line surpassing the Zacks Consensus Estimate. It is optimizing its excellent customer relationships and market position as telecom service providers continue to build their networks. The company is actively developing solutions to support the wireline and wireless network convergence for 5G deployment. The acquisition of ARRIS has allowed CommScope to benefit from the rapidly changing network and technology architectures with a unique set of complementary assets and capabilities. However, escalating operating expenses are likely to prove detrimental to margins and profitability. Lower return of capital remains another concern for the company. Lower sales volume to cable operators and carriers continue to take a toll on CommScope’s growth trajectory." (2/24/2020)
  • 2. Northland Securities analysts commented, "We believe that weakness was well known and fully priced into the shares heading in, and while our FY20 numbers come down, we continue to find the shares compellingly valued in front of multi year 5G, optical transport/backhaul and Remote PHY upgrades likely to gain steam in CY20." (8/9/2019)
  • 3. Rosenblatt Securities analysts commented, "We reduce our 12-month price target to $16 and maintain a buy rating. We believe COMM stock can see appreciation with strong execution, but the acquired dilution from Arris now appears a sizable anchor for the company." (8/9/2019)

Has Commscope been receiving favorable news coverage?

News coverage about COMM stock has been trending very negative recently, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Commscope earned a news impact score of -3.3 on InfoTrie's scale. They also gave news stories about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCommscope.

Are investors shorting Commscope?

Commscope saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 13,520,000 shares, an increase of 11.5% from the February 13th total of 12,130,000 shares. Based on an average trading volume of 3,540,000 shares, the short-interest ratio is currently 3.8 days. Currently, 7.1% of the company's shares are sold short. View Commscope's Current Options Chain.

Who are some of Commscope's key competitors?

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), 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).

Who are Commscope's key executives?

Commscope's management team includes the following people:
  • Mr. Marvin S. Edwards Jr., Pres, CEO & Director (Age 70)
  • Mr. Frank B. Wyatt II, Sr. VP, Gen. Counsel, Chief Ethics & Compliance Officer and Sec. (Age 56)
  • Mr. Peter U. Karlsson, Sr. VP of Global Sales (Age 55)
  • Mr. Alexander W. Pease, Exec. VP & CFO (Age 47)
  • Mr. Morgan C. S. Kurk, EVP & COO (Age 49)

What is Commscope's stock symbol?

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

How do I buy shares of 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.

What is Commscope's stock price today?

One share of COMM stock can currently be purchased for approximately $8.50.

How big of a company is Commscope?

Commscope has a market capitalization of $1.66 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. View additional information about Commscope.

What is Commscope's official website?

The official website for Commscope is http://www.commscope.com/.

How can I contact Commscope?

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]


MarketBeat Community Rating for Commscope (NASDAQ COMM)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  516 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  927
MarketBeat's community ratings are surveys of what our community members think about Commscope and other stocks. Vote "Outperform" if you believe COMM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COMM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/2/2020 by MarketBeat.com Staff

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