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 decreased by 18.6% and is now trading at $6.21. View which stocks have been most impacted by COVID-19.
Full Answer
Is CommScope efficiently growing its dividend?
Mar 14, 2022 · CommScope Holding Company Inc. (NASDAQ:COMM) traded at $6.98 at last check on Monday, March 14, made an upward move of 1.75% on its previous day’s price. Looking at the stock we see that its previous close was $6.86 and the beta (5Y monthly) reads 1.68 with the day’s price range being $6.74 – $7.31.
Do CommScope's earnings and revenue surprises hold clues to the stock?
Apr 05, 2022 · CommScope (NASDAQ:COMM) Stock Price Up 7.5% americanbankingnews.com - March 29 at 11:53 AM: CommScope to Deploy its Cloud-based ECO Service Management Platform for TELUS finance.yahoo.com - March 29 at 11:36 AM: CommScope (COMM) is a Top-Ranked Value Stock: Should You Buy? finance.yahoo.com - March 28 at 3:31 PM
What is the upside for CommScope's stock?
May 01, 2018 · Due to expected price reductions at certain large North American operators and higher input costs, CommScope was forced to reduce its full-year guidance. The company left its expected revenue range...
When did CommScope report results for the quarter and year ended?
May 01, 2018 · Shares of CommScope Holding Company ( COMM -2.41% ) tumbled on Tuesday following the communication network infrastructure provider's first-quarter report. CommScope beat analyst estimates across...
Why is CommScope stock dropping?
CommScope Holding (NASDAQ:COMM) is 6% lower today following a downgrade to In Line at Evercore ISI, which sees "limited" upside for 2022 as the company fights some headwinds. Those include a "difficult supply chain environment, HNS divesture and NEXT initiatives," the firm says.Jan 10, 2022
Is CommScope stock a good buy?
The financial health and growth prospects of COMM, demonstrate its potential to outperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
When did CommScope go public?
Led by Chief Executive Officer Eddie Edwards (center), the senior leadership team of CommScope [NASDAQ: COMM], celebrates its initial public offering and first stock trading Friday, October 25, at the NASDAQ MarketSite in Times Square, New York City during the Opening Bell ceremony.
Who will buy CommScope?
November 2018: CommScope makes play for Arris Following weeks of rumors, CommScope and Arris formalized a $7.4 billion merger .Apr 12, 2021
What is the outlook for COMM?
Employment in media and communication occupations is projected to grow 14 percent from 2020 to 2030, faster than the average for all occupations, and will result in about 151,500 new jobs.Sep 8, 2021
Is CommScope publicly traded?
CommScope Holding Company, Inc. has priced its initial public offering of 38,461,537 shares of its common stock ("shares") at $15.00 per share.
Is Fortune 500 a CommScope?
RANK356. The network infrastructure provider offers wired and wireless connectivity to telecommunications firms, data center operators, and enterprise customers in more than 150 countries.
What is a CommScope used for?
CommScope, Inc. is a Hickory, North Carolina-based company that designs and manufactures coaxial and fiber optic cable and related products used by cable and satellite television providers and other applications, including data networking, Internet access, wireless communications, and telephony.
About CommScope
CommScope Holding Co., Inc. engages in the provision of infrastructure solutions for communications networks. It operates through the following segments: Broadband, Home, Outdoor Wireless Networks (OWN), and Venue and Campus Networks (VCN). The company was founded by Frank M. Drendel in 1976 and is headquartered in Hickory, NC.
Headlines
Can CommScope (COMM) Climb 55% to Reach the Level Wall Street Analysts Expect? - Nasdaq
CommScope (NASDAQ:COMM) Frequently Asked Questions
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommScope in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CommScope stock. View analyst ratings for CommScope or view top-rated stocks.
A guidance cut was not received well
Tim writes about technology and consumer goods stocks for The Motley Fool. He's a value investor at heart, doing his best to avoid hyped-up nonsense. Follow him on Twitter: Follow @TMFBargainBin
What happened
Shares of CommScope Holding Company ( NASDAQ:COMM) tumbled on Tuesday following the communication network infrastructure provider's first-quarter report. CommScope beat analyst estimates across the board, but it revised its guidance to reflect new challenges. The stock was down about 29% at 12:45 p.m. EDT.
So what
CommScope reported first-quarter revenue of $1.12 billion, down 1.5% year over year but about $10 million above the average analyst estimate. Sales in the connectivity segment declined by 1% year over year to $674 million, while sales in the mobility solutions business slumped 2% to $447 million.
Now what
CommScope plans to cut costs to partially offset the customer price changes, focusing on manufacturing optimization, value engineering projects, and additional product in-sourcing. The company still expects to grow non-GAAP earnings in 2018, but not by nearly as much as it expected just a few months ago.
CommScope (COMM) Q4 Earnings Top Estimates on Higher Revenues
CommScope's (COMM) fourth-quarter 2021 results reflect higher overall sales driven by healthy demand for its products.
CommScope (COMM) Q4 Earnings and Revenues Surpass Estimates
CommScope (COMM) delivered earnings and revenue surprises of 55% and 9.29%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
CommScope Reports Fourth Quarter and Full Year 2021 Results
HICKORY, N.C., February 17, 2022--CommScope Holding Company, Inc. (NASDAQ: COMM), reported results for the quarter and year ended December 31, 2021.
How much is Commscope stock worth in 2021?
The CommScope Holding Company stock price fell by -0.33% on the last day (Tuesday, 6th Jul 2021) from $21.48 to $21.41. and has now fallen 3 days in a row. During the day the stock fluctuated 3.03% from a day low at $21.10 to a day high of $21.74. The price has risen in 6 of the last 10 days and is up by 3.88% over the past 2 weeks. Volume has increased on the last day by 592 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $36.98 million.
Is Commscope a sell or buy signal?
The CommScope Holding Company stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Results
- Commscope Holding Company Inc (NASDAQ:COMM) released its quarterly earnings results on Thursday, May, 9th. The communications equipment provider reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.07. The communications equipment provider had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.…
Release
- Commscope is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Commscope.
Cost
- 13 Wall Street analysts have issued 1 year price targets for Commscope's stock. Their predictions range from $18.20 to $40.00. On average, they expect Commscope's stock price to reach $29.22 in the next twelve months. This suggests a possible upside of 53.1% from the stock's current price. View Analyst Price Targets for Commscope.
Ratings
- 13 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for Commscope in the last year. There are currently 6 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of \"Buy.\" View Analyst Ratings for Commscope.
Ownership
- Commscope's stock is owned by a number of of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (4.33%), Dimensional Fund Advisors LP (1.15%), First Trust Advisors LP (0.71%), New York State Common Retirement Fund (0.42%), Swiss National Bank (0.40%) and Sumitomo Mitsui Trust Holdings Inc. (0.38%). Company insiders that own Co…
Business
- Commscope has a market capitalization of $3.69 billion and generates $4.57 billion in revenue each year. The communications equipment provider earns $140.22 million in net income (profit) each year or $2.11 on an earnings per share basis. Commscope employs 20,000 workers across the globe.
Community
- 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].