CommScope Holding Company Inc (NASDAQ: COMM) is -24.18% lower on its value in year-to-date trading and has touched a low of $0.86 and a high of $7.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COMM stock was last observed hovering at around $3.91 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $3.95, the stock is 2.53% and -17.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.44 million and changing 1.02% at the moment leaves the stock -17.68% off its SMA200. COMM registered 272.64% gain for a year compared to 6-month loss of -36.08%. The firm has a 50-day simple moving average (SMA 50) of $4.8047 and a 200-day simple moving average (SMA200) of $4.798625.
The stock witnessed a -28.70% gain in the last 1 month and extending the period to 3 months gives it a -17.88%, and is 30.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.39% over the week and 11.30% over the month.
CommScope Holding Company Inc (COMM) has around 20000 employees, a market worth around $855.41M and $4.81B in sales. Fwd P/E is 3.39. Profit margin for the company is -8.34%. Distance from 52-week low is 357.18% and -45.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.63%).
with sales reaching $1.11B over the same period.The EPS is expected to grow by 2848.54% this year, but quarterly earnings will post 18.91% year-over-year. Quarterly sales are estimated to shrink -5.21% in year-over-year returns.
CommScope Holding Company Inc (COMM) Top Institutional Holders
273.0 institutions hold shares in CommScope Holding Company Inc (COMM), with institutional investors hold 89.10% of the company’s shares. The shares outstanding are 215.89M, and float is at 207.25M with Short Float at 6.75%. Institutions hold 87.32% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 24.83 million shares valued at $30.54 million. The investor’s holdings represent 11.6298% of the COMM Shares outstanding. As of 2024-06-30, the second largest holder is FPR PARTNERS LLC with 19.43 million shares valued at $23.89 million to account for 9.0987 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 15.99 million shares representing 7.4909% and valued at over $19.67 million, while WOLF HILL CAPITAL MANAGEMENT, LP holds 2.924 of the shares totaling 6.24 million with a market value of $7.68 million.
CommScope Holding Company Inc (COMM) Insider Activity
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