CommScope Holding Company Inc (COMM) concluded trading on Tuesday at a closing price of $5.21, with 4.18 million shares of worth about $21.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 357.02% during that period and on December 31, 2024 the price saw a loss of about -0.95%. Currently the company’s common shares owned by public are about 215.86M shares, out of which, 208.22M shares are available for trading.
Stock saw a price change of -5.27% in past 5 days and over the past one month there was a price change of 9.22%. Year-to-date (YTD), COMM shares are showing a performance of 84.75% which increased to 84.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.86 but also hit the highest price of $7.19 during that period. The average intraday trading volume for CommScope Holding Company Inc shares is 4.21 million. The stock is currently trading -5.91% below its 20-day simple moving average (SMA20), while that difference is down -5.14% for SMA50 and it goes to 56.81% higher than SMA200.
CommScope Holding Company Inc (NASDAQ: COMM) currently have 215.86M outstanding shares and institutions hold larger chunk of about 79.78% of that.
The stock has a current market capitalization of $1.11B and its 3Y-monthly beta is at 1.93. It has posted earnings per share of -$4.39 in the same period. It has Quick Ratio of 1.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COMM, volatility over the week remained 5.67% while standing at 6.98% over the month.
Analysts are in expectations that CommScope Holding Company Inc (COMM) stock would likely to be making an EPS of 0.04 in the current quarter, while forecast for next quarter EPS is 0.0 and it is 0.57 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.05 which is 0.17 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.02 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -91.17% while it is estimated to increase by 729.34% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on December 17, 2024 offering an Underweight rating for the stock and assigned a target price of $5 to it. On March 01, 2024, Northland Capital Downgrade their recommendations, while on January 22, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $2. Stock get a Mkt perform rating from Raymond James on November 16, 2023.
