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 analyst gave a price target of 47, implying potential capital gains of 30.88 percent. The most pessimistic analyst gave a price target of 30, implying a possible loss 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. If we look at the last 90 days instead, we find a net average change of -7.63 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
COMM has an estimated earnings growth rate of 108.43 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. COMM has a PEG ratio of 0.26.
COMM has traded between a high of 42.75 and a low of 28.28 over the past year. Today's price is 26.98 percent above the 52-week 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 will post this quarters earnings in days, on 0000-00-00.