In spite of CommScope Holding Company Inc’s (NASDAQ:COMM) recent upswing, most analysts remain bearish.

The closing price of CommScope Holding Company Inc (NASDAQ: COMM) was $2.18 for the day, up 1.87% from the previous closing price of $2.14. In other words, the price has increased by $+0.0400 from its previous closing price. On the day, 1692527 shares were traded. COMM stock price reached its highest trading level at $2.2500 during the session, while it also had its lowest trading level at $2.1250.

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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 0.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 2.08.

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 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 462.29M and an Enterprise Value of 10.66B. 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 -11.41.

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 2.3653, while the 200-Day Moving Average is calculated to be 3.3704.

Shares Statistics:

COMM traded an average of 0.54 shares per day over the past three months and 1.73M shares per day over the past ten days. A total of 208.37M shares are outstanding, with a floating share count of 204.93M. Insiders hold about 3.50% of the company’s shares, while institutions hold 90.07% stake in the company. Shares short for COMM as of Jan 31, 2024 were 8.92M with a Short Ratio of 2.92, compared to 8.65M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.21% and a Short% of Float of 4.99%.

Earnings Estimates

The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.02, while EPS last year was $0.49. The consensus estimate for the next quarter is $0.05, with high estimates of $0.1 and low estimates of $0.01.

Analysts are recommending an EPS of between $0.79 and $0.69 for the fiscal current year, implying an average EPS of $0.73. EPS for the following year is $0.79, with 8 analysts recommending between $0.99 and $0.6.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $1.54B to a low estimate of $1.47B. As of the current estimate, CommScope Holding Company Inc’s year-ago sales were $2.32B, an estimated decrease of -35.30% from the year-ago figure.

A total of 7 analysts have provided revenue estimates for COMM’s current fiscal year. The highest revenue estimate was $7.09B, while the lowest revenue estimate was $6.99B, resulting in an average revenue estimate of $7.03B. In the same quarter a year ago, actual revenue was $9.23B, down -23.80% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $6.46B in the next fiscal year. The high estimate is $7.12B and the low estimate is $5.48B. The average revenue growth estimate for next year is down -8.10% from the average revenue estimate for this year.

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