In today’s recent session, 0.9 million shares of the CommScope Holding Company Inc (NASDAQ:COMM) have been traded, and its beta is 2.31. Most recently the company’s share price was $5.70, and it changed around $0.01 or 0.09% from the last close, which brings the market valuation of the company to $1.23B. COMM at last check was trading at a discount to its 52-week high of $7.19, offering almost -26.14% off that amount. The share price’s 52-week low was $1.05, which indicates that the recent value has risen by an impressive 81.58% since then.
CommScope Holding Company Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.62. If we narrow it down even further, the data shows that 1 out of 7 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended COMM as a Hold, whereas 0 deemed it a Buy, and 2 rated it as Underweight.
CommScope Holding Company Inc (NASDAQ:COMM) trade information
Instantly COMM has been showing a green trend so far today with a performance of 0.09% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 6.42 on recent trading dayincreased the stock’s daily price by 11.21%. The company’s shares are currently up 9.31% year-to-date, but still down -7.40% over the last five days. On the other hand, CommScope Holding Company Inc (NASDAQ:COMM) is -3.15% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 18.57% from its current value. Analyst projections state that COMM is forecast to be at a low of $7 and a high of $7.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 20.01%.
COMM Dividends
CommScope Holding Company Inc’s next quarterly earnings report is expected to be released in July.
FPR PARTNERS LLC, with 9.0987% or 19.43 million shares worth $23.89 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
