CommScope Holding Company, Inc. (COMM)

NASDAQ: COMM · IEX Real-Time Price · USD
8.12
-0.46 (-5.36%)
Dec 5, 2022 3:59 PM EST - Market closed
-5.36%
Market Cap 1.79B
Revenue (ttm) 9.13B
Net Income (ttm) -323.40M
Shares Out 208.20M
EPS (ttm) -2.75
PE Ratio n/a
Forward PE 3.93
Dividend n/a
Ex-Dividend Date n/a
Volume 1,935,423
Open 8.51
Previous Close 8.58
Day's Range 8.1 - 8.54
52-Week Range 5.56 - 13.73
Beta 1.89
Analysts Buy
Price Target 11.90 (+46.6%)
Earnings Date Nov 3, 2022

About COMM

CommScope Holding Company, Inc. provides infrastructure solutions for communications and entertainment networks. It operates through four segments: Broadband Networks (Broadband), Outdoor Wireless Networks (OWN), Venue and Campus Networks (VCN), and Home Networks (Home). The Broadband segment provides converged cable access platforms, passive optical networking products, video systems, access technologies, fiber and coaxial cables, fiber and copper connectivity products, and hardened closures to the telco and cable provider broadband market. Th... [Read more]

Industry Communications Equipment
IPO Date Oct 25, 2013
CEO Marvin Edwards
Employees 30,000
Stock Exchange NASDAQ
Ticker Symbol COMM
Full Company Profile

Financial Performance

In 2021, COMM's revenue was $8.59 billion, an increase of 1.79% compared to the previous year's $8.44 billion. Losses were -$462.60 million, -19.32% less than in 2020.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for COMM stock is "Buy." The 12-month stock price forecast is 11.9, which is an increase of 46.55% from the latest price.

Price Target
$11.9
(46.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CommScope to Participate in Upcoming Investor Conferences

HICKORY, N.C.--( BUSINESS WIRE )--CommScope Holding Company, Inc. (NASDAQ: COMM), a global leader in network connectivity solutions, plans to participate in the BofA Securities 2022 Leveraged Finance Co...

2 weeks ago - Business Wire

CommScope (COMM) Q3 Earnings Top Estimates on Solid Revenues

Higher revenues across most operating segments help CommScope (COMM) to beat third-quarter 2022 earnings estimates.

1 month ago - Zacks Investment Research

CommScope (COMM) Q3 Earnings and Revenues Beat Estimates

CommScope (COMM) delivered earnings and revenue surprises of 4.17% and 3.41%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

CommScope Reports Third Quarter 2022 Results

HICKORY, N.C.

1 month ago - Business Wire

Is CommScope (COMM) Outperforming Other Computer and Technology Stocks This Year?

Here is how CommScope (COMM) and CoStar Group (CSGP) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Telecom Equipment Stocks Connect To Resilience In Down Market

Telecom equipment stocks can offer safe haven in bear markets. Many are now trading near key levels, with some showing buy points.

Other symbols: AVNWDYUI
1 month ago - Investors Business Daily

CommScope Launches the HomeSight™ System for Healthcare and Homecare & Announces First Partnership with Kraydel to De...

HICKORY, N.C.--(BUSINESS WIRE)---- $COMM #healthcare--CommScope (NASDAQ: COMM) a global leader in home networks, announced the launch of the HomeSight™ system, a new connected care system that enables i...

1 month ago - Business Wire

CommScope (COMM) Launches Pre-Integrated Video Solution

Dubbed HomeVista, the solution from CommScope (COMM) is likely to accelerate time-to-market and lower development costs for service providers by eliminating the need for customized solutions.

2 months ago - Zacks Investment Research

3 Communication Stocks Likely to Gain From Cloud Transition

The infrastructure upgrade for digital transformation and accelerated pace of 5G deployment should help the Zacks Communication - Infrastructure industry thrive despite near-term headwinds. COMM, ATEX a...

Other symbols: ATEXBAND
2 months ago - Zacks Investment Research

CommScope Launches HomeVista™ Streamer Solutions at SCTE Cable-Tec Expo 2022

HICKORY, N.C.--(BUSINESS WIRE)--CommScope launched HomeVista™ solutions, a portfolio that leverages AndroidTV and RDK-based streamer solutions technologies for service providers.

2 months ago - Business Wire

Despite Fast-paced Momentum, CommScope (COMM) Is Still a Bargain Stock

CommScope (COMM) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that ma...

2 months ago - Zacks Investment Research

CommScope's Ruckus Networks Announces New Global Hospitality Leader

HICKORY, N.C.--(BUSINESS WIRE)--CommScope announced that Steven Bronken has joined Ruckus Networks as the head of its Global Hospitality team.

2 months ago - Business Wire

Has CommScope (COMM) Outpaced Other Computer and Technology Stocks This Year?

Here is how CommScope (COMM) and NuScale Power Corporation (SMR) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

CommScope (COMM) Is Attractively Priced Despite Fast-paced Momentum

CommScope (COMM) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that ma...

3 months ago - Zacks Investment Research

5 Top Stocks Likely to Beat Earnings Estimates

These top-ranked stocks are likely to beat on bottom line in their next releases. Tap Target Hospitality (TH), Ulta Beauty (ULTA), Tesla (TSLA), Albemarle (ALB) and CommScope (COMM).

Other symbols: ALBTHTSLAULTA
3 months ago - Zacks Investment Research

Why CommScope (COMM) is an Enticing Pick Post Q2 Earnings

Backed by robust order trends, CommScope (COMM) expects the healthy growth momentum to continue despite supply chain headwinds driven by industry tailwinds.

3 months ago - Zacks Investment Research

Here Is Why Bargain Hunters Would Love Fast-paced Mover CommScope (COMM)

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, CommScope (COMM) could be a great choice. It is one of the several stocks that passed ...

3 months ago - Zacks Investment Research

CommScope (COMM) Q2 Earnings Top Estimates on Solid Revenues

Solid order trends despite supply chain headwinds enable CommScope (COMM) to surpass second-quarter 2022 earnings estimates.

4 months ago - Zacks Investment Research

CommScope (COMM) Q2 Earnings and Revenues Top Estimates

CommScope (COMM) delivered earnings and revenue surprises of 24.24% and 1.74%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

CommScope Reports Second Quarter 2022 Results

HICKORY, N.C.--(BUSINESS WIRE)---- $COMM--CommScope Holding Company, Inc., a global leader in network connectivity solutions, today reported results for the quarter ended June 30, 2022.

4 months ago - Business Wire

Spurs Sports & Entertainment Selects CommScope to Provide AT&T Center with the Ultimate Mobile Wireless Experience

HICKORY, N.C.--(BUSINESS WIRE)--CommScope announced its selection by Spurs Sports & Entertainment (SS&E) as the provider for its mobile connectivity transformation at AT&T Center.

4 months ago - Business Wire

Analysts Estimate CommScope (COMM) to Report a Decline in Earnings: What to Look Out for

CommScope (COMM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

CommScope Enters Wi-Fi 6E Retail Market with Launch of Two New ARRIS Products: SURFboard Thruster Gaming Acceleration...

HICKORY, N.C.--(BUSINESS WIRE)--A global leader in home networking solutions, CommScope is entering the retail Wi-Fi 6E market by offering two new ARRIS SURFboard® solutions.

4 months ago - Business Wire