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, which equates to a potential upside of 30.88 percent. The most pessimistic analyst gave a price target of 30, implying a possible loss of -16.46 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.49 percent. 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 made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY 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. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of COMM is 0.26.
COMM has traded between a high of 42.75 and a low of 28.28 over the past year. Currently the stock is 26.98 percent higher than its low, 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.