Commscope (COMM) Receives News Sentiment Score of 0.13

Press coverage about Commscope (NASDAQ:COMM) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Commscope earned a news impact score of 0.13 on Accern’s scale. Accern also gave news coverage about the communications equipment provider an impact score of 45.8160296971452 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

Commscope (NASDAQ COMM) traded up $0.50 on Friday, hitting $37.91. 1,766,060 shares of the company were exchanged, compared to its average volume of 1,406,872. The company has a debt-to-equity ratio of 2.93, a quick ratio of 2.10 and a current ratio of 2.78. Commscope has a 52 week low of $30.95 and a 52 week high of $42.75. The stock has a market cap of $7,136.41, a PE ratio of 17.32, a price-to-earnings-growth ratio of 2.92 and a beta of 1.20.

Commscope (NASDAQ:COMM) last released its earnings results on Wednesday, November 1st. The communications equipment provider reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Commscope had a net margin of 4.21% and a return on equity of 29.11%. Commscope’s revenue for the quarter was down 12.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.81 EPS. equities research analysts anticipate that Commscope will post 2.01 EPS for the current year.

A number of equities research analysts have recently issued reports on the stock. ValuEngine raised shares of Commscope from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Citigroup boosted their price objective on shares of Commscope from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday, November 2nd. Northland Securities set a $28.00 target price on shares of Commscope and gave the company a “hold” rating in a research note on Tuesday, October 17th. Zacks Investment Research upgraded shares of Commscope from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research note on Thursday, October 19th. Finally, Jefferies Group restated a “buy” rating and set a $40.00 target price on shares of Commscope in a research note on Wednesday, September 20th. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $40.30.

In other Commscope news, insider Marvin S. Edwards, Jr. sold 50,000 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $36.45, for a total value of $1,822,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.33% of the stock is owned by insiders.

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Commscope Company Profile

CommScope Holding Company, Inc (CommScope) is a provider of infrastructure solutions for the core, access and edge layers of communications networks. The Company operates through two segments: CommScope Connectivity Solutions (CCS) and CommScope Mobility Solutions (CMS). Its portfolio includes wireless and fiber optic solutions.

Insider Buying and Selling by Quarter for Commscope (NASDAQ:COMM)

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