COMM icon

CommScope

5.01 USD
-0.41
7.56%
At close Feb 21, 4:00 PM EST
After hours
5.00
-0.01
0.20%
1 day
-7.56%
5 days
-2.34%
1 month
-10.38%
3 months
14.38%
6 months
23.10%
Year to date
-2.91%
1 year
159.59%
5 years
-60.30%
10 years
-83.69%
 

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 7,139 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

270% more call options, than puts

Call options by funds: $36.4M | Put options by funds: $9.83M

50% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 6 (+2) [Q4]

6.21% more ownership

Funds ownership: 79.14% [Q3] → 85.35% (+6.21%) [Q4]

6% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 66

8% less capital invested

Capital invested by funds: $1.04B [Q3] → $960M (-$83.7M) [Q4]

11% less funds holding

Funds holding: 218 [Q3] → 193 (-25) [Q4]

30% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 54

Research analyst outlook

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

Low target
$5
0%
upside
Avg. target
$5
0%
upside
High target
$5
0%
upside

2 analyst ratings

positive
0%
neutral
50%
negative
50%
JP Morgan
Samik Chatterjee
62% 1-year accuracy
41 / 66 met price target
0%downside
$5
Neutral
Upgraded
14 Jan 2025
Morgan Stanley
Meta Marshall
70% 1-year accuracy
19 / 27 met price target
0%downside
$5
Underweight
Downgraded
17 Dec 2024

Financial journalist opinion

Based on 6 articles about COMM published over the past 30 days

Positive
Zacks Investment Research
1 week ago
CommScope to Boost Broadband Access in Rural U.S.A: Stock to Gain?
COMM and NCTC team up to accelerate broadband expansion in rural and underserved areas across the United States.
CommScope to Boost Broadband Access in Rural U.S.A: Stock to Gain?
Neutral
PRNewsWire
1 week ago
CommScope and NCTC Announce Enhanced Collaboration to Support Independent Service Providers
Agreement will facilitate network design assistance and grant application guidance for NCTC members CLAREMONT, N.C. and OVERLAND PARK, Kan.
CommScope and NCTC Announce Enhanced Collaboration to Support Independent Service Providers
Neutral
Zacks Investment Research
2 weeks ago
COMM Completes Strategic Divestiture for Core Focus: Stock to Gain?
CommScope completed divestiture of Outdoor Wireless Networks (OWN) and Distributed Antenna Systems (DAS) businesses to Amphenol.
COMM Completes Strategic Divestiture for Core Focus: Stock to Gain?
Neutral
Business Wire
2 weeks ago
CommScope Completes Divestiture of Outdoor Wireless Networks and Distributed Antenna Systems Businesses to Amphenol Corporation
CLAREMONT, N.C.--(BUSINESS WIRE)-- #DistributedAntennaSystems--CommScope (NASDAQ: COMM) announced today the closing of the transaction to sell its OWN segment and DAS business to Amphenol Corporation (NYSE: APH).
CommScope Completes Divestiture of Outdoor Wireless Networks and Distributed Antenna Systems Businesses to Amphenol Corporation
Neutral
Business Wire
2 weeks ago
Amphenol Corporation Completes Acquisition of OWN and DAS Businesses From CommScope
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) today announced it had completed the acquisition of CommScope's (NASDAQ: COMM) Outdoor Wireless Networks (OWN) and Distributed Antenna Systems (DAS) businesses. “The acquisition of the OWN and DAS businesses brings to Amphenol a strong portfolio of innovative and advanced technologies for communications networks,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt. “We are excited to welcome nearly 4,000 tal.
Amphenol Corporation Completes Acquisition of OWN and DAS Businesses From CommScope
Neutral
Business Wire
3 weeks ago
CommScope to Release Fourth Quarter and Full Year 2024 Financial Results on February 26
CLAREMONT, N.C.--(BUSINESS WIRE)-- #InvestorRelations--CommScope Holding Company, Inc., plans to release its fourth quarter and full year 2024 financial results on February 26, before the market opens.
CommScope to Release Fourth Quarter and Full Year 2024 Financial Results on February 26
Positive
Seeking Alpha
2 months 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
2 months 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
2 months 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
3 months 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
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