CommScope Holding Company, Inc. (COMM)

NASDAQ: COMM · IEX Real-Time Price · USD
9.26
-0.42 (-4.34%)
At close: Jan 20, 2022 4:00 PM
9.25
-0.01 (-0.11%)
After-hours:Jan 20, 2022 5:13 PM EST
Market Cap1.89B
Revenue (ttm)8.49B
Net Income (ttm)-408.90M
Shares Out204.50M
EPS (ttm)-2.03
PE Ration/a
Forward PE10.13
Dividendn/a
Ex-Dividend Daten/a
Volume3,800,929
Open9.69
Previous Close9.68
Day's Range9.25 - 9.84
52-Week Range9.25 - 22.18
Beta1.69
AnalystsBuy
Price Target13.41 (+44.8%)
Earnings DateNov 4, 2021

About COMM

CommScope Holding Company, Inc. provides infrastructure solutions for communications and entertainment networks. It operates through four segments: Broadband Networks (Broadband), Home Networks (Home), Outdoor Wireless Networks (OWN), and Venue and Campus Networks (VCN).The Broadband segment provides a converged cable access platform, 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...

IndustryCommunications Equipment
IPO DateOct 25, 2013
CEOMarvin Edwards
Employees30,000
Stock ExchangeNASDAQ
Ticker SymbolCOMM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for COMM stock is "Buy." The 12-month stock price forecast is 13.41, which is an increase of 44.82% from the latest price.

Price Target
$13.41
(44.82% upside)
Analyst Consensus: Buy

News

3 Communication Stocks Likely to Ride on Faster 5G Rollout

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, BAND a...

Other symbols:BANDWTT
1 day ago - Zacks Investment Research

5 ROE Stocks to Buy as Q4 Earnings Witness Shaky Start

CommScope (COMM), Microchip (MCHP), Regeneron (REGN), Bunge (BG) and Hologic (HOLX) are some of the stocks with high ROE to profit as Q4 earnings witness shaky start to the season.

Other symbols:BGHOLXMCHPREGN
2 days ago - Zacks Investment Research

CommScope (COMM) Partners ViacomCBS for Content Distribution

By partnering with CommScope (COMM), ViacomCBS is driving greater efficiency and expanding its footprint to connect with more people.

Other symbols:VIAC
6 days ago - Zacks Investment Research

CommScope Announces New Senior Leadership for Venue and Campus Networks

HICKORY, N.C.--(BUSINESS WIRE)---- $COMM--CommScope today introduced industry veteran Markus Ogurek as its Venue and Campus Networks segment leader, who joins CommScope from Cisco.

6 days ago - Business Wire

ViacomCBS Partners with CommScope to Lead Industry Content Distribution Migration from Satellite to CDN IP

HICKORY, N.C.--(BUSINESS WIRE)-- #Broadband--DABL, FAVE and select SHOWTIME linear channels utilize CommScope IP video as part of ViacomCBS's large-scale digital transformation

Other symbols:VIAC
1 week ago - Business Wire

Best Value Stocks to Buy for January 12th

COMM, USAK, and STC made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 12, 2022

Other symbols:STCUSAK
1 week ago - Zacks Investment Research

EKTRA Selects CommScope's Home Networks to Supply Its Customers in Lithuania with the VIP7100 UHD set top solution

HICKORY, N.C.--(BUSINESS WIRE)-- #BalticumTV--CommScope have partnered with EKTRA to provide its Balticum TV customers in Lithuania with the VIP7100 UHD set top solution.

4 weeks ago - Business Wire

CommScope's New RDK-based Streamers Will Be Included in Netflix's DaVinci Scaling Partner Program

HICKORY, N.C.--(BUSINESS WIRE)-- #CommScope--CommScope's upcoming RDK-based VIP73xx streaming solutions will be included in Netflix's new DaVinci scaling partner program.

1 month ago - Business Wire

Foxtel evolves its partnership with CommScope launching the revolutionary new streaming iQ5 device

HICKORY, N.C.--(BUSINESS WIRE)-- #CommScope--CommScope was selected by Foxtel to provide their subscribers with the new iQ5 streaming set top box solution.

1 month ago - Business Wire

CommScope - Not for Widows and Orphans

CommScope Holding Co Inc. ( COMM , Financial) is a highly leveraged telecom infrastructure equipment and home network and video equipment supplier which is very cheaply priced. The reason investors have...

2 months ago - GuruFocus

Hall of Fame Resort & Entertainment Company Announces Multi-Year, Multi-Million Dollar Agreement with CommScope

CANTON, Ohio--(BUSINESS WIRE)--Hall of Fame Resort & Entertainment Company (“HOFV” or the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of ...

Other symbols:HOFV
2 months ago - Business Wire

CommScope (COMM) Q3 Earnings and Revenues Lag Estimates

CommScope (COMM) delivered earnings and revenue surprises of -27.50% and -4.14%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

CommScope to Host Strategic Transformation Update on December 14, 2021

HICKORY, N.C.--(BUSINESS WIRE)---- $COMM--CommScope Holding Company, Inc. (NASDAQ: COMM) announced it will host a Strategic Transformation Update on December 14, 2021 at 8:30 a.m. Eastern.

2 months ago - Business Wire

CommScope Reports Third Quarter 2021 Results

HICKORY, N.C.--(BUSINESS WIRE)---- $COMM #earnings--CommScope Holding Company, Inc. (NASDAQ: COMM) reported results for the quarter ended September 30, 2021.

2 months ago - Business Wire

CommScope (COMM) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

CommScope (COMM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

CommScope Announces Finance Function Succession Plan

HICKORY, N.C.--(BUSINESS WIRE)---- $COMM #CFO--CommScope announced a number of changes to its finance functions, including the appointment of Kyle Lorentzen as chief financial officer.

2 months ago - Business Wire

CommScope Launches Prodigy™ Portfolio of Hardened Connectors

HICKORY, N.C.--(BUSINESS WIRE)--CommScope launched its new hardened connector Prodigy ™, designed to accelerate and simplify field installation for the fiber networks of the future.

3 months ago - Business Wire

CommScope to Release Third Quarter 2021 Financial Results on November 4

HICKORY, N.C.--(BUSINESS WIRE)---- $COMM #earnings--CommScope Holding Company, Inc. (NASDAQ: COMM) plans to release its third quarter 2021 financial results on November 4 before the market opens.

3 months ago - Business Wire

CommScope (COMM) Solutions to Power GCI's Network in Alaska

CommScope's (COMM) RD2322 platform caters to the varied needs of its operator customers.

3 months ago - Zacks Investment Research

CommScope (COMM) HD Shelf Revamps Liberty Global's Network

CommScope (COMM) partners with Liberty Global to enhance the latter's broadband network on the back of High-Density R-PHY Shelf solution.

Other symbols:LBTYALBTYBLBTYK
3 months ago - Zacks Investment Research

Liberty Global Selects CommScope HD Shelf for Next-Generation Network

HICKORY, N.C.--(BUSINESS WIRE)-- #Broadband--Liberty Global has selected CommScope's High-Density R-PHY Shelf as a key component of its next-generation global gigabit broadband network.

Other symbols:LBTYA
3 months ago - Business Wire

GCI Deploys CommScope Remote MACPHY Device for DAA

HICKORY, N.C.--(BUSINESS WIRE)-- #10G--GCI, Alaska's largest telecommunications provider, is the first company to successfully deploy the CommScope RD2322 RxD as a Remote MACPHY Device.

3 months ago - Business Wire

CommScope (COMM) Upgrades Home Network With Latest Solutions

CommScope (COMM) launches ARRIS SURFboard G34 and G36 DOCSIS 3.1 cable modem and Wi-Fi 6 routers to spur home networking infrastructure.

3 months ago - Zacks Investment Research

Credit Suisse Downgrades CommScope - Read Why

Credit Suisse analyst Sami Bradi downgraded CommScope Holding Co Inc (NASDAQ: COMM) to Neutral from Outperform with a price target of $12, down from $23, implying a 9.3% downside.  Equipment supply chai...

3 months ago - Benzinga

CommScope Introduces the New, Innovative ARRIS SURFboard G34 and G36 DOCSIS 3.1 Cable Modem & Wi-Fi 6 Routers

HICKORY, N.C.--(BUSINESS WIRE)-- #arris--CommScope's ARRIS SURFboard G34 & G36 systems were designed for people who want to upgrade & future-proof their home network for optimum performance.

3 months ago - Business Wire