CommScope (NASDAQ:COMM – Get Free Report) will likely be issuing its quarterly earnings data 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. Parties interested in listening to the company’s conference call can do so using this link.
CommScope Price Performance
Shares of NASDAQ:COMM opened at $5.12 on Wednesday. The company’s fifty day moving average price is $5.33 and its 200-day moving average price is $5.14. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of -1.16, a PEG ratio of 0.59 and a beta of 1.90. CommScope has a one year low of $0.86 and a one year high of $7.19.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the stock. Morgan Stanley cut shares of CommScope from an “equal weight” rating to an “underweight” rating and set a $5.00 price objective for the company. in a research note on Tuesday, December 17th. JPMorgan Chase & Co. raised shares of CommScope from an “underweight” rating to a “neutral” rating and set a $5.00 price objective for the company in a research note on Tuesday, January 14th. Finally, Raymond James cut shares of CommScope from a “market perform” rating to an “underperform” rating in a research note on Monday, January 6th. Three equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $3.00.
CommScope Company Profile
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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