Currently, there are 216.58M common shares owned by the public and among those 201.73M shares have been available to trade.
The company’s stock has a 5-day price change of -6.66% and 116.96% over the past three months. COMM shares are trading 413.38% year to date (YTD), with the 12-month market performance up to 39.92% higher. It has a 12-month low price of $1.47 and touched a high of $8.67 over the same period. COMM has an average intraday trading volume of 5.55 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 -2.51%, 13.82%, and 31.87% respectively.
Institutional ownership of CommScope Holding Company Inc (NASDAQ: COMM) shares accounts for 85.53% of the company’s 216.58M shares outstanding.
It has a market capitalization of $1.58B and a beta (3y monthly) value of 2.40. The earnings-per-share (ttm) stands at -$0.59. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.84% over the week and 6.14% over the month.
Analysts forecast that CommScope Holding Company Inc (COMM) will achieve an EPS of 0.23 for the current quarter, 0.27 for the next quarter and 1.19 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.19 while analysts give the company a high EPS estimate of 0.19. Comparatively, EPS for the current quarter was 0.34 a year ago. Earnings per share for the fiscal year are expected to increase by 3018.63%, and 40.20% over the next financial year.
JP Morgan coverage for the CommScope Holding Company Inc (COMM) stock in a research note released on January 14, 2025 offered a Neutral rating with a price target of $5. Raymond James was of a view on January 06, 2025 that the stock is Underperform, while Morgan Stanley gave the stock Underweight rating on December 17, 2024, issuing a price target of $5. JP Morgan on their part issued Underweight rating on March 04, 2024.
