In the last trading session, 4.33 million CommScope Holding Company Inc (NASDAQ:COMM) shares changed hands as the company’s beta touched 1.95. With the company’s per share price at $4.89 changed hands at $0.08 or 1.66% during last session, the market valuation stood at $1.06B. COMM’s last price was a discount, traded about -47.03% off its 52-week high of $7.19. The share price had its 52-week low at $0.86, which suggests the last value was 82.41% up since then.
Analysts gave the CommScope Holding Company Inc (COMM) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.62. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended COMM as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. CommScope Holding Company Inc’s EPS for the current quarter is expected to be 0.03.
CommScope Holding Company Inc (NASDAQ:COMM) trade information
Instantly COMM was in green as seen at the end of in last trading. With action -4.49%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -6.14%, with the 5-day performance at -4.49% in the red. However, in the 30-day time frame, CommScope Holding Company Inc (NASDAQ:COMM) is -11.57% down.
The consensus price target for the stock as assigned by Wall Street analysts is 14, meaning bulls need an upside of 65.07% from its current market value. According to analyst projections, COMM’s forecast low is 1.5 with 17 as the target high. To hit the forecast high, the stock’s price needs a -247.65% plunge from its current level, while the stock would need to tank 69.33% for it to hit the projected low.
CommScope Holding Company Inc (COMM) estimates and forecasts
Year-over-year growth is forecast to reach -17.95% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 1.12B. 3 analysts are of the opinion that CommScope Holding Company Inc’s revenue for the current quarter will be 1.07B. The company’s revenue for the corresponding quarters a year ago was 1.19B and 1.17B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -5.66%. The estimates for the next quarter sales put growth at -8.63%.
The 2025 estimates are for CommScope Holding Company Inc earnings to decrease by -95.71%, but the outlook for the next 5-year period is at 17.84% per year.
COMM Dividends
CommScope Holding Company Inc is expected to release its next quarterly earnings report in March.
FPR PARTNERS LLC holds the second largest percentage of outstanding shares, with 9.0987% or 19.43 million shares worth $23.89 million as of 2024-06-30.
