In last trading session, CommScope Holding Company Inc (NASDAQ:COMM) saw 5.99 million shares changing hands with its beta currently measuring 1.95. Company’s recent per share price level of $5.42 trading at -$0.04 or -0.73% at ring of the bell on the day assigns it a market valuation of $1.17B. That closing price of COMM’s stock is at a discount of -32.66% from its 52-week high price of $7.19 and is indicating a premium of 84.13% from its 52-week low price of $0.86.
For CommScope Holding Company Inc (COMM), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.56. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.02 in the current quarter.
CommScope Holding Company Inc (NASDAQ:COMM) trade information
Upright in the red during last session for losing -0.73%, in the last five days COMM remained trading in the green while hitting it’s week-highest on Thursday, 02/20/25 when the stock touched $5.42 price level, adding 2.17% to its value on the day. CommScope Holding Company Inc’s shares saw a change of 4.03% in year-to-date performance and have moved 7.33% in past 5-day. CommScope Holding Company Inc (NASDAQ:COMM) showed a performance of -3.04% in past 30-days.
Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a rise of 61.29% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 17. It follows that stock’s current price would jump 72.32% in reaching the projected high whereas dropping to the targeted low would mean a gain of 72.32% for stock’s current value.
CommScope Holding Company Inc (COMM) estimates and forecasts
This year revenue growth is estimated to fall -18.02% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.11B for the same. And 4 analysts are in estimates of company making revenue of 1.07B in the next quarter. Company posted 1.19B and 1.17B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -94.29% while estimates for its earnings growth in next 5 years are of 16.35%.
CommScope Holding Company Inc (NASDAQ:COMM)’s Major holders
VANGUARD GROUP INC is the top institutional holder at COMM for having 24.83 million shares of worth $30.54 million. And as of 2024-06-30, it was holding 11.6956 of the company’s outstanding shares.
The second largest institutional holder is FPR PARTNERS LLC, which was holding about 19.43 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.0987 of outstanding shares, having a total worth of $23.89 million.
