CommScope (NASDAQ:COMM - Get Free Report) is expected to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $1.11 billion for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
CommScope Price Performance
CommScope stock traded down $0.40 during mid-day trading on Friday, hitting $5.03. The company's stock had a trading volume of 3,206,029 shares, compared to its average volume of 3,931,766. CommScope has a 52-week low of $0.86 and a 52-week high of $7.19. The firm's 50 day moving average is $5.31 and its 200 day moving average is $5.16. The company has a market cap of $1.08 billion, a PE ratio of -1.14, a price-to-earnings-growth ratio of 0.41 and a beta of 1.90.
Analyst Ratings Changes
A number of research firms have recently weighed in on COMM. Raymond James downgraded CommScope from a "market perform" rating to an "underperform" rating in a research note on Monday, January 6th. Morgan Stanley downgraded CommScope from an "equal weight" rating to an "underweight" rating and set a $5.00 price target for the company. in a research note on Tuesday, December 17th. Finally, JPMorgan Chase & Co. raised CommScope from an "underweight" rating to a "neutral" rating and set a $5.00 price objective on the stock in a report on Tuesday, January 14th. Three equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat, CommScope has a consensus rating of "Hold" and an average price target of $3.00.
Read Our Latest Stock Analysis on COMM
About CommScope
(
Get Free Report)
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.
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