In the latest session, CommScope Holding Company Inc (NASDAQ: COMM) closed at $1.16 down -2.52% from its previous closing price of $1.19. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 2828724 shares were traded.
Ratios:
For a deeper understanding of CommScope Holding Company Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 2.03.
BofA Securities Downgraded its Neutral to Underperform on January 22, 2024, while the target price for the stock was maintained at $2.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 27 ’24 when Lorentzen Kyle David bought 11,600 shares for $1.25 per share. The transaction valued at 14,500 led to the insider holds 712,475 shares of the business.
KRAUSE L WILLIAM bought 92,127 shares of COMM for $147,154 on Mar 13 ’24. The Director now owns 320,000 shares after completing the transaction at $1.60 per share. On Mar 12 ’24, another insider, KRAUSE L WILLIAM, who serves as the Director of the company, bought 57,300 shares for $1.59 each. As a result, the insider paid 90,952 and bolstered with 227,873 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COMM now has a Market Capitalization of 247.55M and an Enterprise Value of 10.18B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04. Its current Enterprise Value per Revenue stands at 1.76 whereas that against EBITDA is 19.61.
Stock Price History:
Over the past 52 weeks, COMM has reached a high of $6.64, while it has fallen to a 52-week low of $0.89. The 50-Day Moving Average of the stock is 1.7096, while the 200-Day Moving Average is calculated to be 2.8090.
Shares Statistics:
For the past three months, COMM has traded an average of 3.00M shares per day and 1.79M over the past ten days. A total of 212.11M shares are outstanding, with a floating share count of 207.81M. Insiders hold about 1.89% of the company’s shares, while institutions hold 85.36% stake in the company. Shares short for COMM as of Mar 15, 2024 were 9.43M with a Short Ratio of 3.15, compared to 11.22M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.42% and a Short% of Float of 5.26%.
Earnings Estimates
There are 9 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.34, while EPS last year was $0.35. The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.1 and low estimates of -$0.24.
Analysts are recommending an EPS of between -$0.15 and -$0.58 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is $0.36, with 7 analysts recommending between $0.71 and -$0.13.
Revenue Estimates
A total of 9 analysts have provided revenue estimates for COMM’s current fiscal year. The highest revenue estimate was $4.95B, while the lowest revenue estimate was $4.49B, resulting in an average revenue estimate of $4.7B. In the same quarter a year ago, actual revenue was $5.79B, down -18.70% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $5.22B in the next fiscal year. The high estimate is $5.85B and the low estimate is $4.68B. The average revenue growth estimate for next year is up 10.90% from the average revenue estimate for this year.
