Analyst Ratings for CommScope Holding Co. Inc. (COMM)Updated: 2017-07-26
Shares of CommScope Holding Co. Inc. (NASDAQ:COMM) have received a consensus rating of Buy from Wall Street analysts. A consensus rating of Buy was previously issued for COMM last month.
Of the 18 analysts covering the stock, 15 gave it a buy rating, 0 issued an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for COMM. The most optimistic price target was 47, which equates to a potential upside of 30.88 percent. The most pessimistic analyst gave a price target of 30, which equates to a potential downside of -16.46 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.49 percent. The average change in earnings estimates over the last 90 days is -20.77 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.36 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -7.63 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of COMM to grow at a rate of 108.43 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. COMM has a PEG ratio of 0.26.
In the trailing 52-weeks, COMM hit 42.75 at the highest peak, while it's lowest trading point was 28.28. The current market price is above the trailing year's low by 26.98 percent, and below the high by 16 percent. COMM has a price/earnings ratio of 28.68. Investors typically compare the P/E ratio to a company's peers in the industry. The COMM value stock report compares COMM to some of its peers using value stock charts. The market cap of COMM is $6.89 billion. COMM will post this quarters earnings in days, on 0000-00-00.