Analysts See $0.61 EPS for CommScope Holding Company, Inc. (COMM)

July 11, 2018 - By Carolyn Hewitt

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 is positive, 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.
Fmr Ltd Liability Corp holds 0.04% in CommScope Holding Company, Inc. (NASDAQ:COMM) or 8.25 million shares. Royal Natl Bank Of Canada invested in 0% or 35,460 shares. Proshare Advsrs Ltd holds 10,464 shares or 0% of its portfolio. 8.50 million were accumulated by Franklin Res. 370,000 were reported by Moore Cap Mgmt Lp. 15,560 are owned by Envestnet Asset Mngmt. Signaturefd Ltd holds 0% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM) for 53 shares. 1.15M are held by Vaughan Nelson Investment Mgmt Limited Partnership. The New York-based Intll Inc has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Aqr Limited Liability Corp reported 17,711 shares or 0% of all its holdings. Picton Mahoney Asset Mngmt reported 28,200 shares. Lombard Odier Asset Mgmt (Switzerland) Sa holds 9,579 shares or 0.04% of its portfolio. Invesco Limited has invested 0.02% in CommScope Holding Company, Inc. (NASDAQ:COMM). Lpl Fincl Ltd Company owns 9,482 shares or 0% of their US portfolio. Tiaa Cref Mgmt holds 0.03% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM) for 1.25M 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 maintained by Citigroup on Friday, March 9 with “Buy”. Jefferies maintained the shares of COMM in report on Thursday, February 15 with “Buy” rating. The stock has “Hold” rating by Credit Suisse on Tuesday, June 19. J.P. Morgan initiated the stock with “Hold” rating in Thursday, May 3 report. As per Wednesday, February 14, the company rating was upgraded by Barclays Capital. As per Wednesday, May 2, the company rating was upgraded by Northland Capital. Northland Capital maintained the shares of COMM in report on Friday, February 16 with “Hold” rating. As per Monday, April 30, the company rating was downgraded by Morgan Stanley. The rating was upgraded by Longbow to “Buy” on Friday, January 26. The firm has “Buy” rating by Citigroup given on Wednesday, May 2.

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

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

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