EPS for CommScope Holding Company, Inc. (COMM) Expected At $0.61

July 11, 2018 - By Christine McCrea

CommScope Holding Company, Inc. (NASDAQ:COMM) LogoInvestors sentiment increased to 1.33 in Q1 2018. Its up 0.35, from 0.98 in 2017Q4. It is positive, as 16 investors sold CommScope Holding Company, Inc. shares while 84 reduced holdings. 52 funds opened positions while 81 raised stakes. 188.43 million shares or 2.80% less from 193.85 million shares in 2017Q4 were reported.
Wellington Mgmt Group Inc Limited Liability Partnership accumulated 0.05% or 5.34M shares. Cambridge Investment Research Inc invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Nelson Van Denburg And Campbell Wealth Mngmt Ltd stated it has 0.04% in CommScope Holding Company, Inc. (NASDAQ:COMM). Japan-based Asset Mgmt One Ltd has invested 0.03% in CommScope Holding Company, Inc. (NASDAQ:COMM). Federated Invsts Pa holds 0.01% or 99,798 shares in its portfolio. The Japan-based Mitsubishi Ufj Trust Banking has invested 0.03% in CommScope Holding Company, Inc. (NASDAQ:COMM). Convergence Invest Ptnrs Limited Liability owns 562 shares. Utah Retirement accumulated 0.03% or 35,100 shares. Hollow Brook Wealth Mngmt Limited Liability invested 1.58% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Vaughan Nelson Inv Mgmt Lp has invested 0.56% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Hsbc Plc holds 0% in CommScope Holding Company, Inc. (NASDAQ:COMM) or 27,254 shares. Daiwa Secs Grp Inc reported 109,300 shares stake. Aqr Cap Ltd has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Moore Cap Limited Partnership stated it has 370,000 shares. Citigroup Incorporated owns 11,063 shares.

Analysts expect CommScope Holding Company, Inc. (NASDAQ:COMM) to report $0.61 EPS on August, 2.They anticipate $0.05 EPS change or 8.93 % from last quarter’s $0.56 EPS. COMM’s profit would be $117.16 million giving it 12.25 P/E if the $0.61 EPS is correct. After having $0.45 EPS previously, CommScope Holding Company, Inc.’s analysts see 35.56 % EPS growth. The stock decreased 0.03% or $0.01 during the last trading session, reaching $29.89. About 648,396 shares traded. CommScope Holding Company, Inc. (NASDAQ:COMM) has declined 20.27% since July 12, 2017 and is downtrending. It has underperformed by 32.84% the S&P500.

CommScope Holding Company, Inc. (NASDAQ:COMM) Ratings Coverage

Among 10 analysts covering CommScope Holding Co (NASDAQ:COMM), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. CommScope Holding Co had 13 analyst reports since January 26, 2018 according to SRatingsIntel. On Friday, February 16 the stock rating was maintained by Northland Capital with “Hold”. The firm has “Buy” rating by Citigroup given on Wednesday, May 2. The firm has “Buy” rating given on Friday, January 26 by Longbow. Northland Capital upgraded CommScope Holding Company, Inc. (NASDAQ:COMM) on Wednesday, May 2 to “Outperform” rating. The company was upgraded on Wednesday, February 14 by Barclays Capital. On Friday, March 9 the stock rating was maintained by Citigroup with “Buy”. The company was downgraded on Monday, April 30 by Morgan Stanley. J.P. Morgan initiated it with “Hold” rating and $3400 target in Thursday, May 3 report. The firm has “Buy” rating by Jefferies given on Thursday, February 15. The rating was maintained by Credit Suisse with “Hold” on Tuesday, June 19.

CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. The company has market cap of $5.74 billion. The company's CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure software, and network rack and cabinet enclosures under the SYSTIMAX, AMP NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, complete cabling systems, and cable assemblies for use in offices and data centers. It has a 30.47 P/E ratio. This segment also provides fiber optic connectivity solutions, including hardened connector systems, fiber distribution hubs and management systems, couplers and splitters, plug and play multiport service terminals, hardened optical terminating enclosures, high density cable assemblies, splices, and splice closures that supports video, voice, and high-speed data services provided by telecommunications operators and multi-system operators.

More news for CommScope Holding Company, Inc. (NASDAQ:COMM) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for McCormick & Company, Rent-A-Center, HollyFrontier, Flowserve …” on June 26, 2018. Seekingalpha.com‘s article titled: “Oakmark Equity And Income Fund: Second Quarter 2018” and published on July 11, 2018 is yet another important article.

CommScope Holding Company, Inc. (NASDAQ:COMM) Institutional Positions Chart

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