CommScope Holding Company Inc (NASDAQ:COMM) currently has a daily average trading volume of 6.08M but it saw 4118686 shares traded in last market. With a market cap of 1.36B USD, the company’s current market price of $6.28 came rising about 2.28 while comparing to the previous closing price of $6.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.19 and as low as $1.05.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which upgraded the stock as “Neutral” in its note to investors issued on January 14, 2025, recommending a price target of $5 for it. Morgan Stanley issued its recommendations for the stock as it downgraded the price target for the stock is $5.
Over the week, COMM’s stock price is moving 13.15% up while it is 61.86% when we observe its performance for the past one month. Year-to-date it is 20.54% up and over the past year, the stock is showing an upside performance of 441.38%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.23 while estimate for next year EPS is 0.87. In next quarter, company is expected to be making quarterly sales of $1.32B as analysts are expecting the sales for current fiscal year at $4.99B and seeing the company making $5.35B in sales next year. Moreover, analysts are in estimates of $1.27B for current-quarter revenue.
Currently, CommScope Holding Company Inc’s total number of outstanding shares is 216.58M with 2.19% of that held by the insiders while 89.13% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -2.12%. It has a 5.24 of forward P/E ratio. Stock’s beta reads 2.30. Stock has a price to sale or P/S ratio amounts to 0.29. Its return on asset (ROA) is 2.53% on average.
