Should I buy or sell CommScope stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CommScope in the last twelve months. There are currently 2 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" COMM shares. View COMM analyst ratings or view top-rated stocks .

What is CommScope's stock price target for 2024?

7 brokers have issued twelve-month target prices for CommScope's stock. Their COMM share price targets range from $1.00 to $6.00. On average, they predict the company's stock price to reach $4.02 in the next twelve months. This suggests a possible upside of 335.6% from the stock's current price. View analysts price targets for COMM or view top-rated stocks among Wall Street analysts .

How have COMM shares performed in 2024?

CommScope's stock was trading at $2.82 at the start of the year. Since then, COMM shares have decreased by 67.3% and is now trading at $0.9229. View the best growth stocks for 2024 here .

When is CommScope's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our COMM earnings forecast .

How can I listen to CommScope's earnings call?

CommScope will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were CommScope's earnings last quarter?

CommScope Holding Company, Inc. (NASDAQ:COMM) posted its quarterly earnings data on Thursday, February, 29th. The communications equipment provider reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.09. The communications equipment provider earned $1.19 billion during the quarter, compared to analysts' expectations of $1.53 billion. CommScope had a negative net margin of 21.64% and a negative trailing twelve-month return on equity of 7.18%.

What ETFs hold CommScope's stock?

ETFs with the largest weight of CommScope (NASDAQ:COMM) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN) and Daily Dow Jones Internet Bull 3X Shares (WEBL) . First Trust Dow Jones Internet Index Fund (FDN) .

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) , Broadcom (AVGO) , Archer-Daniels-Midland (ADM) , AT&T (T) , Wells Fargo & Company (WFC) , American Airlines Group (AAL) , Charles Schwab (SCHW) and Occidental Petroleum (OXY) .

Who are CommScope's major shareholders?

CommScope's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Charles L Treadway, Claudius E Iv Watts , Derrick A Roman , Farid Firouzbakht, Justin C Choi , Kyle David Lorentzen , L William Krause, Linde Koen Ter and Timothy T Yates . View institutional ownership trends .

How do I buy shares of CommScope?

Shares of COMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:COMM

CommScope (COMM) Stock Price, News & Analysis

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Free COMM Stock Alerts

$0.92

-0.03 (-3.15%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.91
▼
$1.00
50-Day Range: $0.95
▼
$2.37
52-Week Range: $0.89
▼
$6.65

Volume: 3.66 million shs
Average Volume: 2.89 million shs
Market Capitalization: $195.88 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.02

Get CommScope alerts:

CommScope MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.71 Rating Score
Upside/Downside: 335.6% Upside
$4.02 Price Target
Short Interest: Healthy
3.84% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.85
Upright™ Environmental Score
News Sentiment: 0.22
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$105,607 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.29) to $0.34 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.14 out of 5 stars

Computer And Technology Sector

155th out of 585 stocks

Radio & T.V. Communications Equipment Industry

4th out of 19 stocks

2.9

Analyst's Opinion

Consensus Rating
CommScope has received a consensus rating of Reduce. The company's average rating score is 1.71, and is based on no buy ratings, 5 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
CommScope has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.84% of the outstanding shares of CommScope have been sold short.
Short Interest Ratio / Days to Cover
CommScope has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CommScope has recently decreased by 13.47%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
CommScope does not currently pay a dividend.
Dividend Growth
CommScope does not have a long track record of dividend growth.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CommScope has received a 45.90% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Network gateways", "Telecommunications enclosures", "Wireless access points", "Microducts", and "Subsea fibre-optic cables used for off-shore internet provision" products. See details.
Environmental Sustainability
The Environmental Impact score for CommScope is -0.85.

1.8

News and Social Media Coverage

News Sentiment
CommScope has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for CommScope this week, compared to 4 articles on an average week.
Search Interest
Only 5 people have searched for COMM on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added CommScope to their MarketBeat watchlist in the last 30 days. This is a decrease of -58% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CommScope insiders have bought more of their company's stock than they have sold. Specifically, they have bought $105,607.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.60% of the stock of CommScope is held by insiders.
Percentage Held by Institutions
88.04% of the stock of CommScope is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for CommScope are expected to grow in the coming year, from ($0.29) to $0.34 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CommScope is -0.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CommScope is -0.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About CommScope Stock (NASDAQ:COMM)

CommScope Holding Company, Inc. provides infrastructure solutions for communications, data center, and entertainment networks worldwide. The company operates through Connectivity and Cable Solutions (CCS); Outdoor Wireless Networks (OWN); Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments. The CCS segment provides network solutions for indoor and outdoor network applications; and fiber optic and copper connectivity and cable solutions for use in telecommunications, cable television, residential broadband networks, data centers and business enterprises. The OWN segment provides base station antennas, radio frequency filters, tower connectivity, microwave antennas, metro cell products, cabinets, steel towers, accessories, wireless Spectrum management business and Comsearch products. The NICS segment offers indoor and outdoor Wi-Fi and long-term evolution (LTE) access points, access and aggregation switches; an Internet of Things suite, on-premises and cloud-based control and management systems; and software and software-as-a-service applications. The ANS segment offers cable modem termination systems, video infrastructure, distribution and transmission equipment and cloud solutions that enable facility-based service providers to construct a state-of-the-art residential and metro distribution network. It offers its products and services through independent distributors, specialized resellers and distributors, wireless and wireline operators, original equipment manufacturers, and system integrators, as well as directly to customers. The company was formerly known as Cedar I Holding Company, Inc. and changed its name to CommScope Holding Company, Inc. in January 2011. CommScope Holding Company, Inc. was founded in 1976 and is based in Claremont, North Carolina.

COMM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

COMM Stock News Headlines

March 30, 2024 | insidertrades.com

Kyle David Lorentzen Acquires 11,600 Shares of CommScope Holding Company, Inc. (NASDAQ:COMM) Stock

April 18, 2024 | finance.yahoo.com

Kraken Launches Open-Source, Self-Custodial Crypto Wallet

April 19, 2024 | Altimetry (Ad)

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April 17, 2024 | businesswire.com

CommScope to Release First Quarter 2024 Financial Results on May 9

April 17, 2024 | uk.investing.com

CommScope partners with Xplore for Ontario fiber internet

April 16, 2024 | businesswire.com

RUCKUS Networks Launches AI-Driven Solutions for Hospitality

April 16, 2024 | americanbankingnews.com

CommScope (NASDAQ:COMM) Stock Price Passes Below 200-Day Moving Average of $2.01

April 15, 2024 | finance.yahoo.com

Xplore Selects CommScope to Deploy High-Speed Fiber Broadband in Rural Ontario

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 11, 2024 | bizjournals.com

CommScope CEO Charles Treadway gets 16% pay raise despite challenging year

April 11, 2024 | tmcnet.com

Ataya and MosoLabs partner to extend Chorus to global market

April 9, 2024 | finance.yahoo.com

Returns On Capital Signal Tricky Times Ahead For CommScope Holding Company (NASDAQ:COMM)

April 9, 2024 | businesswire.com

CommScope Unveils GigaREACH XL Solution Designed to Power and Connect Emerging Edge Devices

April 2, 2024 | bizjournals.com

Six Triad businesses make Newsweek's list of America’s Greatest Workplaces for Diversity

April 2, 2024 | finance.yahoo.com

Westinghouse Announces Executive Management Appointments

March 17, 2024 | cnn.com

CommScope Holding Co., Inc.

March 15, 2024 | msn.com

Why Jabil Shares Are Trading Lower By Over 14%? Here Are Other Stocks Moving In Friday's Mid-Day Session

March 14, 2024 | finance.yahoo.com

Director L Krause Acquires 149,427 Shares of CommScope Holding Co Inc (COMM)

March 14, 2024 | markets.businessinsider.com

CommScope Holding Sell Recommendation: Mounting Financial Challenges and Market Headwinds

March 13, 2024 | tmcnet.com

CST Core Enhances Connectivity at PNC Arena: A Technological Milestone

March 11, 2024 | finance.yahoo.com

COMM Apr 2024 1.000 put

March 10, 2024 | finance.yahoo.com

COMM Aug 2024 2.000 put

March 10, 2024 | finance.yahoo.com

COMM Apr 2024 2.000 call

March 8, 2024 | msn.com

CommScope Holding And 3 Other Stocks Under $2 Insiders Are Buying

March 7, 2024 | businesswire.com

CommScope To Increase U.S. Based Manufacturing Capabilities for Fiber Connectivity Products

March 5, 2024 | ca.finance.yahoo.com

COMM May 2024 3.500 put

March 5, 2024 | msn.com

JP Morgan Downgrades CommScope Holding (COMM)

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:COMM
CUSIP: N/A
CIK: 1517228
Web: www.commscope.com
Phone: (828) 324-2200
Fax: N/A
Employees: 20,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.02
High Stock Price Target: $6.00
Low Stock Price Target: $1.00
Potential Upside/Downside: +315.7%
Consensus Rating: Reduce
Rating Score (0-4): 1.71
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($7.14)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,450,900,000.00
Net Margins: -21.64%
Pretax Margin: -12.40%
Return on Equity: -7.18%
Return on Assets: 1.47%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.03
Quick Ratio: 1.27

Sales & Book Value

Annual Sales: $5.79 billion
Price / Sales: 0.04
Cash Flow: $3.12 per share
Price / Cash Flow: 0.31
Book Value: ($14.00) per share
Price / Book: -0.07

Miscellaneous

Outstanding Shares: 212,240,000
Free Float: 206,727,000
Market Cap: $205.24 million
Optionable: Optionable
Beta: 1.98

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Key Executives

Mr. Charles L. Treadway (Age 58)
President, CEO & Director
Comp: $3.36M
Mr. Kyle D. Lorentzen (Age 58)
Executive VP & CFO
Comp: $1.52M
Mr. Justin C. Choi (Age 58)
Senior VP, Chief Legal Officer & Secretary
Comp: $1.11M
Mr. Praveen Jonnala
Senior VP & Chief Information Officer
Ms. Robyn T. Mingle (Age 58)
Senior VP & Chief Human Resources Officer
Comp: $865.81k
Mr. Koen ter Linde
Senior VP and President of Connectivity & Cable Solutions
Mr. Boris Kokotovic
Senior Vice President of Operational Excellence & Corporate Quality
Mr. Farid Firouzbakht (Age 60)
Senior VP & President of Outdoor Wireless Networks

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

COMM Stock Analysis - Frequently Asked Questions

Should I buy or sell CommScope stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CommScope in the last twelve months. There are currently 2 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" COMM shares.
View COMM analyst ratings or view top-rated stocks.
What is CommScope's stock price target for 2024?: 7 brokers have issued twelve-month target prices for CommScope's stock. Their COMM share price targets range from $1.00 to $6.00. On average, they predict the company's stock price to reach $4.02 in the next twelve months. This suggests a possible upside of 335.6% from the stock's current price.
View analysts price targets for COMM or view top-rated stocks among Wall Street analysts.
How have COMM shares performed in 2024?: CommScope's stock was trading at $2.82 at the start of the year. Since then, COMM shares have decreased by 67.3% and is now trading at $0.9229.
View the best growth stocks for 2024 here.
When is CommScope's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our COMM earnings forecast.
How can I listen to CommScope's earnings call?: CommScope will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were CommScope's earnings last quarter?: CommScope Holding Company, Inc. (NASDAQ:COMM) posted its quarterly earnings data on Thursday, February, 29th. The communications equipment provider reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.09. The communications equipment provider earned $1.19 billion during the quarter, compared to analysts' expectations of $1.53 billion. CommScope had a negative net margin of 21.64% and a negative trailing twelve-month return on equity of 7.18%.

What ETFs hold CommScope's stock?: ETFs with the largest weight of CommScope (NASDAQ:COMM) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN) and Daily Dow Jones Internet Bull 3X Shares (WEBL).First Trust Dow Jones Internet Index Fund (FDN).
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), Broadcom (AVGO), Archer-Daniels-Midland (ADM), AT&T (T), Wells Fargo & Company (WFC), American Airlines Group (AAL), Charles Schwab (SCHW) and Occidental Petroleum (OXY).
Who are CommScope's major shareholders?: CommScope's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Charles L Treadway, Claudius E Iv Watts, Derrick A Roman, Farid Firouzbakht, Justin C Choi, Kyle David Lorentzen, L William Krause, Linde Koen Ter and Timothy T Yates.
View institutional ownership trends.
How do I buy shares of CommScope?: Shares of COMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:COMM) was last updated on 4/19/2024 by MarketBeat.com Staff

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