CommScope (COMM) to Release Quarterly Earnings on Thursday

CommScope (NASDAQ:COMM) is expected to issue its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

CommScope Stock Down 0.5 %

CommScope stock opened at $6.15 on Wednesday. CommScope has a 12 month low of $0.86 and a 12 month high of $7.19. The business has a 50 day moving average price of $5.31 and a two-hundred day moving average price of $5.36. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of -1.39, a price-to-earnings-growth ratio of 0.41 and a beta of 1.90.

Analysts Set New Price Targets

COMM has been the subject of a number of recent research reports. StockNews.com raised CommScope from a “hold” rating to a “buy” rating in a report on Friday, February 28th. JPMorgan Chase & Co. raised CommScope from an “underweight” rating to a “neutral” rating and set a $5.00 price target for the company in a report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $7.00 price target on shares of CommScope in a report on Thursday, February 27th. Raymond James lowered CommScope from a “market perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Morgan Stanley lowered CommScope from an “equal weight” rating to an “underweight” rating and set a $5.00 price objective on the stock. in a research report on Tuesday, December 17th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $4.00.

CommScope Company Profile

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.