In the last trading session, 4.49 million CommScope Holding Company Inc (NASDAQ:COMM) shares changed hands as the company’s beta touched 2.31. With the company’s per share price at $5.84 changed hands at -$0.04 or -0.68% during last session, the market valuation stood at $1.26B. COMM’s last price was a discount, traded about -23.12% off its 52-week high of $7.19. The share price had its 52-week low at $1.05, which suggests the last value was 82.02% 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 0.22.
CommScope Holding Company Inc (NASDAQ:COMM) trade information
Instantly COMM was in red as seen at the end of in last trading. With action 6.18%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 12.09%, with the 5-day performance at 6.18% in the green. However, in the 30-day time frame, CommScope Holding Company Inc (NASDAQ:COMM) is 75.38% up.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 16.57% from its current market value. According to analyst projections, COMM’s forecast low is 7 with 7 as the target high. To hit the forecast high, the stock’s price needs a -19.86% plunge from its current level, while the stock would need to soar -19.86% for it to hit the projected low.
CommScope Holding Company Inc (COMM) estimates and forecasts
Year-over-year growth is forecast to reach 18.70% up 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 1.27B. 4 analysts are of the opinion that CommScope Holding Company Inc’s revenue for the current quarter will be 1.32B. The company’s revenue for the corresponding quarters a year ago was 1.39B and 1.08B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -8.64%. The estimates for the next quarter sales put growth at 22.28%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 20.01%. The 2025 estimates are for CommScope Holding Company Inc earnings to increase by 3019.05%.
CommScope Holding Company Inc (NASDAQ:COMM)’s Major holders
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.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 6.45 shares estimated at $37.69 million under it, the former controlled 2.98% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.64% of the shares, roughly 5.72 shares worth around $33.39 million.
