COMM icon

CommScope

5.21 USD
-0.30
5.44%
Updated Dec 30, 11:00 AM EST
1 day
-5.44%
5 days
-6.13%
1 month
7.20%
3 months
-14.73%
6 months
345.30%
Year to date
82.17%
1 year
82.17%
5 years
-62.38%
10 years
-77.32%
 

About: CommScope Holding Co Inc is a provider of infrastructure solutions for communication, data center and entertainment networks. The company provides solutions for wired and wireless networks to enable service providers, including cable, telephone, data center and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience constant wireless and wired connectivity across complex and varied networking environments. They have operating segments, which excludes our Home segment: Connectivity and Cable Solutions (CCS), Outdoor Wireless Networks (OWN), Networking, Intelligent Cellular and Security Solutions (NICS) and Access Network Solutions (ANS).

Employees: 20,000

0
Funds holding %
of 6,812 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

608% more call options, than puts

Call options by funds: $43.3M | Put options by funds: $6.11M

392% more capital invested

Capital invested by funds: $212M [Q2] → $1.04B (+$831M) [Q3]

204% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 25

100% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 4 (+2) [Q3]

31% more funds holding

Funds holding: 167 [Q2] → 218 (+51) [Q3]

13% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 52

2.14% less ownership

Funds ownership: 81.28% [Q2] → 79.14% (-2.14%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$5
4%
downside
Avg. target
$5
4%
downside
High target
$5
4%
downside

1 analyst rating

positive
0%
neutral
0%
negative
100%
Morgan Stanley
Meta Marshall
62% 1-year accuracy
16 / 26 met price target
4%downside
$5
Underweight
Downgraded
17 Dec 2024

Financial journalist opinion

Based on 3 articles about COMM published over the past 30 days

Positive
Seeking Alpha
1 week ago
CommScope: Refi Is Yet Another Temporary Fix, Reiterate Hold
CommScope stock surged over 250% despite ongoing challenges, with Q2 earnings showing significant bottom-line growth, but Q3 results coming in weak. The asset sale announcement initially triggered a sell-off in COMM stock, but bullish momentum had already begun. Long-term debt remains a significant burden, with management potentially considering additional debt capital, which may not be a sustainable solution.
CommScope: Refi Is Yet Another Temporary Fix, Reiterate Hold
Positive
Zacks Investment Research
1 week ago
Will Strategic Debt Refinancing Boost COMM's Share Performance?
CommScope completes comprehensive refinancing transactions to meet near-term debt maturities and realign capital structure.
Will Strategic Debt Refinancing Boost COMM's Share Performance?
Neutral
Business Wire
1 week ago
CommScope Announces Strategic Refinancing Transaction to Significantly Strengthen Capital Structure
CLAREMONT, N.C.--(BUSINESS WIRE)-- #CommScope--CommScope Holding Company, Inc. (NASDAQ: COMM), today announced the closing of a comprehensive refinancing with its first-lien secured lenders.
CommScope Announces Strategic Refinancing Transaction to Significantly Strengthen Capital Structure
Negative
Zacks Investment Research
1 month ago
CommScope's Q3 Earnings Lag Estimates on Lower Revenues
Macroeconomic uncertainty, lower spending from core customers, inventory adjustments and weak demand in several verticals hurt COMM's third-quarter 2024 results.
CommScope's Q3 Earnings Lag Estimates on Lower Revenues
Neutral
Seeking Alpha
1 month ago
CommScope Holding Company, Inc. (COMM) Q3 2024 Earnings Call Transcript
CommScope Holding Company, Inc. (NASDAQ:COMM ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Massimo DiSabato - VP, IR Chuck Treadway - President and CEO Kyle Lorentzen - EVP and CFO Conference Call Participants Meta Marshall - Morgan Stanley Simon Leopold - Raymond James Amit Daryanani - Evercore Samik Chatterjee - JPMorgan Steven Fox - Fox Advisors Tim Savageaux - Northland Capital Markets Operator Welcome to CommScope's 2024 Third Quarter Results Conference Call. [Operator Instructions].
CommScope Holding Company, Inc. (COMM) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
CommScope (COMM) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for CommScope (COMM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CommScope (COMM) Reports Q3 Earnings: What Key Metrics Have to Say
Negative
Zacks Investment Research
1 month ago
CommScope (COMM) Reports Q3 Loss, Lags Revenue Estimates
CommScope (COMM) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.33. This compares to earnings of $0.13 per share a year ago.
CommScope (COMM) Reports Q3 Loss, Lags Revenue Estimates
Negative
Benzinga
1 month ago
CommScope Holding Posts Downbeat Results, Joins Match Group, Krispy Kreme And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Thursday.
CommScope Holding Posts Downbeat Results, Joins Match Group, Krispy Kreme And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
Neutral
Business Wire
1 month ago
CommScope Reports Third Quarter 2024 Results
CLAREMONT, N.C.--(BUSINESS WIRE)-- #Earnings--CommScope Holding Company, Inc. (NASDAQ: COMM) today reported results for the quarter ended September 30, 2024.
CommScope Reports Third Quarter 2024 Results
Positive
Zacks Investment Research
2 months ago
CommScope (COMM) Upgraded to Buy: Here's What You Should Know
CommScope (COMM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
CommScope (COMM) Upgraded to Buy: Here's What You Should Know
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