In last trading session, CommScope Holding Company Inc (NASDAQ:COMM) saw 4.64 million shares changing hands with its beta currently measuring 2.03. Company’s recent per share price level of $5.39 trading at $0.02 or 0.37% 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 -33.4% from its 52-week high price of $7.19 and is indicating a premium of 84.04% from its 52-week low price of $0.86. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.72 million shares which gives us an average trading volume of 4.96 million if we extend that period to 3-months.
For CommScope Holding Company Inc (COMM), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.62. 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.
CommScope Holding Company Inc (NASDAQ:COMM) trade information
Upright in the green during last session for gaining 0.37%, in the last five days COMM remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $5.39 price level, adding 4.09% to its value on the day. CommScope Holding Company Inc’s shares saw a change of 3.45% in year-to-date performance and have moved -4.09% in past 5-day. CommScope Holding Company Inc (NASDAQ:COMM) showed a performance of -12.36% in past 30-days. Number of shares sold short was 11.07 million shares which calculate 1.83 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 23.0% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -29.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -29.87% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 20.01% during past 5 years.
CommScope Holding Company Inc (NASDAQ:COMM)’s Major holders
Insiders are in possession of 1.92% of company’s total shares while institution are holding 86.38 percent of that, with stock having share float percentage of 88.06%. Investors also watch the number of corporate investors in a company very closely, which is 86.38% institutions for CommScope Holding Company Inc that are currently holding shares of the company. 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.
