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

October 14, 2018 - By Adrian Mccoy

CommScope Holding Company, Inc. (NASDAQ:COMM) LogoInvestors sentiment decreased to 1.14 in Q2 2018. Its down 0.19, from 1.33 in 2018Q1. It dived, 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.
Citadel Advsrs Ltd Liability Com stated it has 0.05% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Scotia reported 39,339 shares. Bnp Paribas Arbitrage Sa reported 57,823 shares or 0% of all its holdings. Daiwa Secs Grp Incorporated owns 32,850 shares for 0.01% of their portfolio. Ny State Common Retirement Fund invested in 831,500 shares. Timessquare Capital Mngmt Lc accumulated 799,791 shares or 0.16% of the stock. Nordea Investment Mngmt has invested 0% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Cambridge Inv Research Advisors owns 7,947 shares. Wellington Mngmt Group Ltd Liability Partnership stated it has 0.06% in CommScope Holding Company, Inc. (NASDAQ:COMM). 2,197 were accumulated by Captrust Fincl Advsr. Ci owns 0.01% invested in CommScope Holding Company, Inc. (NASDAQ:COMM) for 35,400 shares. Regions Fin accumulated 1,766 shares. Contrarian Capital Mngmt Limited Liability Company reported 85,573 shares or 0.22% of all its holdings. Makaira Prtn Ltd Liability Com stated it has 6.03% in CommScope Holding Company, Inc. (NASDAQ:COMM). Toth Advisory invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM).

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 2.82M 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. Citigroup maintained CommScope Holding Company, Inc. (NASDAQ:COMM) on Wednesday, May 2 with “Buy” rating. As per Tuesday, October 9, the company rating was downgraded by Goldman Sachs. The rating was initiated by J.P. Morgan with “Hold” on Thursday, May 3. On Wednesday, May 2 the stock rating was upgraded by Northland Capital to “Outperform”. As per Tuesday, June 19, the company rating was maintained by Credit Suisse. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Monday, April 30 report. The firm has “Hold” rating given on Monday, August 6 by Jefferies. Nomura downgraded the shares of COMM in report on Friday, October 5 to “Neutral” rating.

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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