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 maximum price target given was 47, implying potential capital gains of 30.88 percent. The most pessimistic analyst gave a price target of 30, which equates to a potential downside of -16.46 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.49 percent on average, compared to last month. That number becomes -20.77 percent if we expand the time horizon to include the past 3 months instead of just one. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
COMM has an estimated earnings growth rate of 108.43 percent as forecasted by analysts. Another measure frequently examined by investors is 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. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. 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. 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.