Analysts See $0.63 EPS for CommScope Holding Company, Inc. (COMM)

October 14, 2018 - By Linda Rogers

CommScope Holding Company, Inc. (NASDAQ:COMM) LogoInvestors sentiment decreased to 1.14 in 2018 Q2. Its down 0.19, from 1.33 in 2018Q1. It worsened, as 46 investors sold CommScope Holding Company, Inc. shares while 69 reduced holdings. 44 funds opened positions while 87 raised stakes. 193.46 million shares or 2.67% more from 188.43 million shares in 2018Q1 were reported.
Old Mutual Customised Solutions (Proprietary) Limited holds 0.01% in CommScope Holding Company, Inc. (NASDAQ:COMM) or 4,200 shares. Cannell Peter B And has invested 0.33% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Hsbc Hldg Public Ltd has 25,458 shares for 0% of their portfolio. Tennessee-based Ftb Advsrs Incorporated has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). American Grp reported 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Eagle Asset owns 341,959 shares for 0.05% of their portfolio. Peak6 Invests Lp has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). State Of Alaska Department Of Revenue holds 0.01% or 19,580 shares. Cambridge Investment Advsr has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Olstein Cap Ltd Partnership has invested 1.04% in CommScope Holding Company, Inc. (NASDAQ:COMM). Moreover, Diamond Hill Management has 0.22% invested in CommScope Holding Company, Inc. (NASDAQ:COMM). Tower Rech Limited Company (Trc) reported 0% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Bnp Paribas Arbitrage has 57,823 shares. Dnb Asset Mngmt As stated it has 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Numerixs Inv Technology has 6,400 shares for 0.04% of their portfolio.

Analysts expect CommScope Holding Company, Inc. (NASDAQ:COMM) to report $0.63 EPS on November, 7.They anticipate $0.11 EPS change or 21.15 % from last quarter’s $0.52 EPS. COMM’s profit would be $121.10M giving it 9.94 P/E if the $0.63 EPS is correct. After having $0.63 EPS previously, CommScope Holding Company, Inc.’s analysts see 0.00 % EPS growth. The stock decreased 0.52% or $0.13 during the last trading session, reaching $25.05. About 2.82 million shares traded or 81.59% up from the average. CommScope Holding Company, Inc. (NASDAQ:COMM) has declined 8.63% since October 14, 2017 and is downtrending. It has underperformed by 24.25% the S&P500.

CommScope Holding Company, Inc. (NASDAQ:COMM) Ratings Coverage

Among 10 analysts covering CommScope Holding Co (NASDAQ:COMM), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. CommScope Holding Co had 11 analyst reports since April 30, 2018 according to SRatingsIntel. The stock of CommScope Holding Company, Inc. (NASDAQ:COMM) earned “Neutral” rating by Nomura on Friday, October 5. The firm earned “Hold” rating on Monday, August 6 by Jefferies. J.P. Morgan initiated CommScope Holding Company, Inc. (NASDAQ:COMM) rating on Thursday, May 3. J.P. Morgan has “Hold” rating and $3400 target. The firm earned “Hold” rating on Tuesday, June 19 by Credit Suisse. As per Wednesday, May 2, the company rating was upgraded by Northland Capital. Goldman Sachs downgraded the stock to “Neutral” rating in Tuesday, October 9 report. On Wednesday, May 2 the stock rating was maintained by Citigroup with “Buy”. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, April 30.

CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. The company has market cap of $4.82 billion. The company's CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure software, and network rack and cabinet enclosures under the SYSTIMAX, AMP NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, complete cabling systems, and cable assemblies for use in offices and data centers. It has a 24.06 P/E ratio. This segment also provides fiber optic connectivity solutions, including hardened connector systems, fiber distribution hubs and management systems, couplers and splitters, plug and play multiport service terminals, hardened optical terminating enclosures, high density cable assemblies, splices, and splice closures that supports video, voice, and high-speed data services provided by telecommunications operators and multi-system operators.

CommScope Holding Company, Inc. (NASDAQ:COMM) Institutional Positions Chart

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