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.
A number of analysts gave price targets for COMM. The most optimistic price target was 47, implying a possible profit of 30.88 percent. The most pessimistic analyst gave a price target of 30, which equates to a potential downside of -16.46 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.49 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -20.77 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.36 percent, as compared to a month ago. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of COMM to grow at a rate of 108.43 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. COMM has a PEG ratio of 0.26.
In the last 52-weeks, COMM has achieved a high of 42.75 and a low of 28.28. Currently the stock is 26.98 percent higher than its low, and 16 percent below the high. COMM has a P/E 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 stock has a market capitalization of $6.89 billion. COMM's next earnings release will be on 0000-00-00, which is days away.