Currently, there are 215.86M common shares owned by the public and among those 208.22M shares have been available to trade.
The company’s stock has a 5-day price change of -1.12% and -12.15% over the past three months. COMM shares are trading 1.34% year to date (YTD), with the 12-month market performance up to 113.77% higher. It has a 12-month low price of $0.86 and touched a high of $7.19 over the same period. COMM has an average intraday trading volume of 4.34 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.00%, -0.28%, and 51.92% respectively.
Institutional ownership of CommScope Holding Company Inc (NASDAQ: COMM) shares accounts for 79.82% of the company’s 215.86M shares outstanding.
It has a market capitalization of $1.14B and a beta (3y monthly) value of 1.92. The earnings-per-share (ttm) stands at -$4.39. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.11% over the week and 7.42% over the month.
Analysts forecast that CommScope Holding Company Inc (COMM) will achieve an EPS of 0.02 for the current quarter, 0.0 for the next quarter and 0.55 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.1 while analysts give the company a high EPS estimate of -0.1. Comparatively, EPS for the current quarter was -0.02 a year ago. Earnings per share for the fiscal year are expected to decrease by -94.29%, and 1156.01% over the next financial year.
Looking at the support for the COMM, a number of firms have released research notes about the stock. JP Morgan stated their Neutral rating for the stock in a research note on Jan-15-25, with the firm’s price target at $5. Northland Capital on their part issued Market Perform rating on March 01, 2024.
