Market Momentum Report: CommScope Holding Company Inc (COMM)’s Negative Close at 6.15

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of CommScope Holding Company Inc (NASDAQ: COMM) closed at $6.15 in the last session, down -0.49% from day before closing price of $6.18. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 6.22 million shares were traded.

Ratios:

We take a closer look at COMM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.37. For the most recent quarter (mrq), Quick Ratio is recorded 2.23 and its Current Ratio is at 2.83.

Morgan Stanley Downgraded its Equal-Weight to Underweight on December 17, 2024, while the target price for the stock was maintained at $5.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28.

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 14.93%, while the 200-Day Moving Average is calculated to be 47.14%.

Shares Statistics:

A total of 215.89M shares are outstanding, with a floating share count of 207.30M. Insiders hold about 4.28% of the company’s shares, while institutions hold 86.01% stake in the company.

Earnings Estimates

Investors are keenly observing as 6.0 analysts analyze and rate the current performance of CommScope Holding Company Inc (COMM) in the stock market.The consensus estimate for the next quarter is $0.2, with high estimates of $0.3 and low estimates of $0.12.

Analysts are recommending an EPS of between $1.19 and $0.69 for the fiscal current year, implying an average EPS of $0.86. EPS for the following year is $1.26, with 4.0 analysts recommending between $1.69 and $0.89.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $1.11B. It ranges from a high estimate of $1.11B to a low estimate of $1.1B. As of the current estimate, CommScope Holding Company Inc’s year-ago sales were $1.17BFor the next quarter, 4 analysts are estimating revenue of $1.25B. There is a high estimate of $1.27B for the next quarter, whereas the lowest estimate is $1.21B.

A total of 5 analysts have provided revenue estimates for COMM’s current fiscal year. The highest revenue estimate was $5.04B, while the lowest revenue estimate was $4.98B, resulting in an average revenue estimate of $5B. In the same quarter a year ago, actual revenue was $4.21BBased on 4 analysts’ estimates, the company’s revenue will be $5.45B in the next fiscal year. The high estimate is $5.69B and the low estimate is $5.17B.

Most Popular