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The closing price of CommScope Holding Company Inc (NASDAQ: COMM) was $5.26 for the day, down -0.94% from the previous closing price of $5.31. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 2.7 million shares were traded. COMM stock price reached its highest trading level at $5.55 during the session, while it also had its lowest trading level at $5.125.
Ratios:
Our analysis of COMM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.40.
BofA Securities Downgraded its Neutral to Underperform on January 22, 2024, while the target price for the stock was maintained at $2.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1141888128 and an Enterprise Value of 11385022464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 2.196 whereas that against EBITDA is 12.309.
Stock Price History:
Over the past 52 weeks, COMM has reached a high of $7.19, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -5.95%, while the 200-Day Moving Average is calculated to be 75.05%.
Shares Statistics:
COMM traded an average of 4.61M shares per day over the past three months and 3839290 shares per day over the past ten days. A total of 215.86M shares are outstanding, with a floating share count of 208.05M. Insiders hold about 3.63% of the company’s shares, while institutions hold 79.81% stake in the company. Shares short for COMM as of 1731628800 were 7564087 with a Short Ratio of 1.64, compared to 1728950400 on 7522376. Therefore, it implies a Short% of Shares Outstanding of 7564087 and a Short% of Float of 4.24.
Earnings Estimates
The dynamic stock of CommScope Holding Company Inc (COMM) is currently being evaluated by a team of 8.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.01, with high estimates of $0.12 and low estimates of -$0.11.
Analysts are recommending an EPS of between $0.39 and -$0.54 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.64, with 6.0 analysts recommending between $0.95 and $0.41.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $1.14B to a low estimate of $1.09B. As of the current estimate, CommScope Holding Company Inc’s year-ago sales were $1.19BFor the next quarter, 5 analysts are estimating revenue of $1.07B. There is a high estimate of $1.11B for the next quarter, whereas the lowest estimate is $1B.
A total of 6 analysts have provided revenue estimates for COMM’s current fiscal year. The highest revenue estimate was $4.78B, while the lowest revenue estimate was $4.73B, resulting in an average revenue estimate of $4.75B. In the same quarter a year ago, actual revenue was $5.79BBased on 6 analysts’ estimates, the company’s revenue will be $4.56B in the next fiscal year. The high estimate is $4.79B and the low estimate is $4.32B.
