Commscope (COMM) Set to Announce Earnings on Thursday

Commscope (NASDAQ:COMM) will be announcing its earnings results before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of $0.33 per share for the quarter.

Commscope stock opened at $22.32 on Thursday. The company has a current ratio of 2.44, a quick ratio of 1.80 and a debt-to-equity ratio of 2.27. The company has a market capitalization of $4.22 billion, a P/E ratio of 11.05, a P/E/G ratio of 2.48 and a beta of 1.31. Commscope has a twelve month low of $15.09 and a twelve month high of $41.60.

Several research firms have recently commented on COMM. Credit Suisse Group set a $20.00 price objective on Commscope and gave the stock a “neutral” rating in a research note on Thursday, December 20th. BidaskClub raised shares of Commscope from a “strong sell” rating to a “sell” rating in a report on Thursday, January 31st. Morgan Stanley decreased their price objective on shares of Commscope from $23.00 to $21.00 and set an “equal weight” rating for the company in a research note on Monday, January 7th. Raymond James raised shares of Commscope from a “market perform” rating to an “outperform” rating in a research note on Thursday, November 8th. Finally, Jefferies Financial Group raised shares of Commscope from a “hold” rating to a “buy” rating and set a $18.20 price objective on the stock in a report on Sunday, December 2nd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company’s stock. Commscope has a consensus rating of “Hold” and a consensus target price of $31.02.

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About Commscope

CommScope Holding Company, Inc provides infrastructure solutions for communications networks worldwide. 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, NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, pre-terminated fiber connectivity, complete cabling systems, and cable assemblies for use in offices and data centers.

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Earnings History for Commscope (NASDAQ:COMM)

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