CommScope Holding Company Inc (COMM) vs. S&P500: A Comparative Analysis

After finishing at $2.15 in the prior trading day, CommScope Holding Company Inc (NASDAQ: COMM) closed at $2.14, down -0.47%. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 1285768 shares were traded. COMM stock price reached its highest trading level at $2.2000 during the session, while it also had its lowest trading level at $2.1200.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Ratios:

Our goal is to gain a better understanding of COMM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 2.08.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 07 when ter Linde Koen bought 13,513 shares for $1.84 per share. The transaction valued at 24,857 led to the insider holds 236,300 shares of the business.

Watts Claudius E. IV bought 25,000 shares of COMM for $41,630 on Nov 30. The Director now owns 841,030 shares after completing the transaction at $1.67 per share. On Nov 27, another insider, Choi Justin C, who serves as the SVP, Chief Legal Officer & Sec of the company, bought 28,600 shares for $1.74 each. As a result, the insider paid 49,750 and bolstered with 360,913 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 453.81M and an Enterprise Value of 10.65B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 1.36 whereas that against EBITDA is -11.40.

Stock Price History:

Over the past 52 weeks, COMM has reached a high of $8.69, while it has fallen to a 52-week low of $1.34. The 50-Day Moving Average of the stock is 2.3479, while the 200-Day Moving Average is calculated to be 3.3946.

Shares Statistics:

The stock has traded on average 3.16M shares per day over the past 3-months and 1.75M shares per day over the last 10 days, according to various share statistics. A total of 208.37M shares are outstanding, with a floating share count of 204.63M. Insiders hold about 3.50% of the company’s shares, while institutions hold 91.58% stake in the company. Shares short for COMM as of Jan 11, 2024 were 8.12M with a Short Ratio of 8.12M, compared to 10.04M on Dec 14, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.83% and a Short% of Float of 4.54%.

Earnings Estimates

Its stock is currently analyzed by New York Community Bancorp, Inc different market analysts. The consensus estimate for the next quarter is $39.91, with high estimates of $0.00 and low estimates of $30.00.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular