A look into CommScope Holding Company Inc (COMM)’s deeper side

With 4.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.35 million shares. During the session, the Communication Equipment company that operates in wider Technology sector, reached to the highest price of $5.74 whereas the lowest price it dropped to was $5.24. The 52-week range on COMM shows that it touched its highest point at $7.19 and its lowest point at $0.86 during that stretch. It currently has a 1-year price target of $4.03. Beta for the stock currently stands at 1.96.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of COMM was up-trending over the past week, with a rise of 1.26%, but this was up by 35.18% over a month. Three-month performance surged to 0.18% while six-month performance rose 363.64%. The stock gained 121.74% in the past year, while it has gained 98.94% so far this year. A look at the trailing 12-month EPS for COMM yields -4.39 with Next year EPS estimates of 0.49. For the next quarter, that number is 0.04. This implies an EPS growth rate of -90.94% for this year and 749.29% for next year.

Float and Shares Shorts:

At present, 215.86 million COMM shares are outstanding with a float of 208.05 million shares on hand for trading. On 2024-11-29, short shares totaled 8.47 million, which was 390.0 higher than short shares on 1730332800. In addition to Mr. Charles L. Treadway as the firm’s President, CEO & Director, Mr. Kyle D. Lorentzen serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.79911005 of COMM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, COMM reported revenue of $1082200000.0 and operating income of $96900000.0. The EBITDA in the recently reported quarter was $188100000.0 and diluted EPS was -$0.23.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for COMM since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With COMM analysts setting a high price target of 6.0 and a low target of 1.2, the average target price over the next 12 months is 4.03333. Based on these targets, COMM could surge 6.95% to reach the target high and fall by -78.61% to reach the target low. Reaching the average price target will result in a decline of -28.1% from current levels.

Analysts have provided yearly estimates in a range of $0.14004 being high and -$0.02687712 being low. For COMM, this leads to a yearly average estimate of $0.057998.