CommScope (COMM) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $4.14 to $4.48
• 50-Day Range: $4.15 to $6.95
• 52-Week Range: $0.86 to $7.19
• Volume: 3.62 million shs
• Average Volume: 5.28 million shs
• Market Capitalization: $895.90 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.50
• Consensus Rating: Reduce

CommScope Stock Analysis - MarketRank™

CommScope scored higher than 66% of companies evaluated by MarketBeat, and ranked 333rd out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

CommScope has received a consensus rating of Reduce. The company's average rating score is 1.60, and is based on no buy ratings, 3 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

CommScope has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.89%

Earnings Growth

Earnings for CommScope are expected to grow by 9.89% in the coming year, from $0.91 to $1.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CommScope is -0.94, 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 -0.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

CommScope has a PEG Ratio of 0.18. PEG Ratios below 1 indicate that a company could be undervalued.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.57% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CommScope has recently increased by 2.39%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CommScope does not currently pay a dividend.

Dividend Growth

CommScope does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.7 / 5
• Environmental Score: -0.85

Percentage of Shares Shorted

3.57% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CommScope has recently increased by 2.39%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.47

News Sentiment

CommScope has a news sentiment score of 0.47. 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 0.59 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for CommScope this week, compared to 4 articles on an average week.

Search Interest

Only 9 people have searched for COMM on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added CommScope to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CommScope insiders have not sold or bought any 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.

COMM Stock Analysis - Frequently Asked Questions

How have COMM shares performed this year?

CommScope's stock was trading at $2.82 at the beginning of 2024. Since then, COMM shares have increased by 47.2% and is now trading at $4.15.
View the best growth stocks for 2024 here.

How were CommScope's earnings last quarter?

CommScope Holding Company, Inc. (NASDAQ:COMM) issued its quarterly earnings results on Thursday, November, 7th. The communications equipment provider reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by $0.38. The company's revenue was up 2.7% on a year-over-year basis.

Who are CommScope's major shareholders?

CommScope's top institutional investors include Geode Capital Management LLC (2.37%), State Street Corp (2.13%), Charles Schwab Investment Management Inc. (2.11%) and Two Sigma Advisers LP (1.99%). Insiders that own company stock include Charles L Treadway, Claudius E Iv Watts, Kyle David Lorentzen, Justin C Choi, Linde Koen Ter, L William Krause, Farid Firouzbakht, Derrick A Roman 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.

What other stocks do shareholders of CommScope own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CommScope investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Radio & t.v. communications equipment
• Sub-Industry: Electronic Equipment
• 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: $2.50
• High Stock Price Target: $5.00
• Low Stock Price Target: $1.00
• Potential Upside/Downside: -39.8%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($4.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 4.56
• P/E Growth: 0.2
• Net Income: $-1,450,900,000.00
• Net Margins: -18.10%
• Pretax Margin: -6.42%
• Return on Equity: -1.01%
• Return on Assets: 0.37%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.40
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $5.79 billion
• Price / Sales: 0.15
• Cash Flow: $2.96 per share
• Price / Cash Flow: 1.40
• Book Value: ($15.39) per share
• Price / Book: -0.27

Miscellaneous

• Outstanding Shares: 215,880,000
• Free Float: 210,266,000
• Market Cap: $895.90 million
• Optionable: Optionable
• Beta: 2.09