CommScope (COMM) Projected to Post Quarterly Earnings on Wednesday

CommScope (NASDAQ:COMM) is expected to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $1.12 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

CommScope Stock Performance

NASDAQ COMM opened at $4.81 on Tuesday. The company has a market capitalization of $1.04 billion, a PE ratio of -1.09, a price-to-earnings-growth ratio of 0.41 and a beta of 1.90. The business’s fifty day moving average is $5.27 and its 200 day moving average is $5.24. CommScope has a fifty-two week low of $0.86 and a fifty-two week high of $7.19.

Analyst Ratings Changes

COMM has been the topic of several analyst reports. Morgan Stanley downgraded CommScope from an “equal weight” rating to an “underweight” rating and set a $5.00 target price on the stock. in a research report on Tuesday, December 17th. JPMorgan Chase & Co. upgraded CommScope from an “underweight” rating to a “neutral” rating and set a $5.00 target price on the stock in a research report on Tuesday, January 14th. Finally, Raymond James downgraded CommScope from a “market perform” rating to an “underperform” rating in a research report on Monday, January 6th. Three investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat.com, CommScope presently has a consensus rating of “Hold” and a consensus target price of $3.00.

About CommScope

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.