CommScope Holding Company, Inc. (COMM) EPS Estimated At $0.61

July 11, 2018 - By Andrea Pope

CommScope Holding Company, Inc. (NASDAQ:COMM) LogoInvestors sentiment increased to 1.33 in 2018 Q1. Its up 0.35, from 0.98 in 2017Q4. It improved, as 16 investors sold CommScope Holding Company, Inc. shares while 84 reduced holdings. 52 funds opened positions while 81 raised stakes. 188.43 million shares or 2.80% less from 193.85 million shares in 2017Q4 were reported.
Magnetar Ltd Liability Co holds 7,352 shares. Veritable Limited Partnership stated it has 10,618 shares. British Columbia Management stated it has 71,731 shares. Dekabank Deutsche Girozentrale has 129,073 shares. Natixis L P stated it has 0.05% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Andra Ap invested in 151,700 shares or 0.16% of the stock. Goldman Sachs reported 1.10M shares stake. Prelude Capital Mgmt Limited Com holds 0.05% or 15,736 shares in its portfolio. Three Peaks Management Ltd Liability Com reported 283,037 shares or 1.94% of all its holdings. Voya Invest Mngmt Limited Liability Co reported 0.01% stake. Century Incorporated holds 0.04% or 1.07M shares in its portfolio. Mrj holds 112,600 shares or 2.47% of its portfolio. Moreover, Ftb Advsr has 0% invested in CommScope Holding Company, Inc. (NASDAQ:COMM). Cibc Asset Mgmt Inc holds 0% or 6,527 shares in its portfolio. Teacher Retirement Systems Of Texas invested in 0.01% or 42,231 shares.

Analysts expect CommScope Holding Company, Inc. (NASDAQ:COMM) to report $0.61 EPS on August, 2.They anticipate $0.05 EPS change or 8.93 % from last quarter’s $0.56 EPS. COMM’s profit would be $117.16 million giving it 12.25 P/E if the $0.61 EPS is correct. After having $0.45 EPS previously, CommScope Holding Company, Inc.’s analysts see 35.56 % EPS growth. The stock decreased 0.03% or $0.01 during the last trading session, reaching $29.89. About 648,396 shares traded. CommScope Holding Company, Inc. (NASDAQ:COMM) has declined 20.27% since July 12, 2017 and is downtrending. It has underperformed by 32.84% the S&P500.

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

Among 10 analysts covering CommScope Holding Co (NASDAQ:COMM), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. CommScope Holding Co had 13 analyst reports since January 26, 2018 according to SRatingsIntel. The rating was upgraded by Longbow to “Buy” on Friday, January 26. The company was upgraded on Wednesday, February 14 by Barclays Capital. J.P. Morgan initiated CommScope Holding Company, Inc. (NASDAQ:COMM) on Thursday, May 3 with “Hold” rating. The rating was maintained by Citigroup with “Buy” on Wednesday, May 2. Credit Suisse maintained CommScope Holding Company, Inc. (NASDAQ:COMM) rating on Tuesday, June 19. Credit Suisse has “Hold” rating and $3100 target. The rating was maintained by Citigroup with “Buy” on Friday, March 9. As per Thursday, February 15, the company rating was maintained by Jefferies. Northland Capital maintained CommScope Holding Company, Inc. (NASDAQ:COMM) on Friday, February 16 with “Hold” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, April 30. Northland Capital upgraded CommScope Holding Company, Inc. (NASDAQ:COMM) on Wednesday, May 2 to “Outperform” rating.

CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. The company has market cap of $5.74 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 30.47 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.

More news for CommScope Holding Company, Inc. (NASDAQ:COMM) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for McCormick & Company, Rent-A-Center, HollyFrontier, Flowserve …” on June 26, 2018. Seekingalpha.com‘s article titled: “Oakmark Equity And Income Fund: Second Quarter 2018” and published on July 11, 2018 is yet another important article.

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

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