CommScope Holding Company Inc. [NASDAQ: COMM] stock went on a downward path that fall over -4.94% on Tuesday, amounting to a one-week price increase of more than 4.92%. Over the last 12 months, COMM stock dropped by -34.99%. The one-year CommScope Holding Company Inc. stock forecast points to a potential upside of 15.87. The average equity rating for COMM stock is currently 2.40, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.12 billion, with 194.90 million shares outstanding and 192.17 million shares in the current float. Compared to the average trading volume of 4.67M shares, COMM stock reached a trading volume of 2801386 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Guru’s Opinion on CommScope Holding Company Inc. [COMM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COMM shares is $12.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COMM stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Loop Capital have made an estimate for CommScope Holding Company Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 05, 2020. The new note on the price target was released on April 20, 2020, representing the official price target for CommScope Holding Company Inc. stock. Previously, the target price had yet another drop from $16 to $7, while Citigroup kept a Neutral rating on COMM stock.
The Average True Range (ATR) for CommScope Holding Company Inc. is set at 0.62, with the Price to Sales ratio for COMM stock in the period of the last 12 months amounting to 0.23. The Price to Book ratio for the last quarter was 3.70, with the Price to Cash per share for the same quarter was set at 2.02. Price to Free Cash Flow for COMM in the course of the last twelve months was 4.63 with Quick ratio for the last quarter at 1.20.
COMM Stock Performance Analysis:
CommScope Holding Company Inc. [COMM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.92. With this latest performance, COMM shares dropped by -2.77% in over the last four-week period, additionally sinking by -17.43% over the last 6 months – not to mention a drop of -34.99% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COMM stock in for the last two-week period is set at 56.84, with the RSI for the last a single of trading hit 59.35, and the three-weeks RSI is set at 55.18 for CommScope Holding Company Inc. [COMM]. The present Moving Average for the last 50 days of trading for this stock 10.00, while it was recorded at 10.83 for the last single week of trading, and 11.66 for the last 200 days.
Insight into CommScope Holding Company Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and CommScope Holding Company Inc. [COMM] shares currently have an operating margin of +1.80 and a Gross Margin at +21.70. CommScope Holding Company Inc.’s Net Margin is presently recorded at -11.14.
Return on Total Capital for COMM is now 1.71, given the latest momentum, and Return on Invested Capital for the company is -10.60. Return on Equity for this stock declined to -51.74, with Return on Assets sitting at -8.83. When it comes to the capital structure of this company, CommScope Holding Company Inc. [COMM] has a Total Debt to Total Equity ratio set at 547.54. Additionally, COMM Total Debt to Total Capital is recorded at 84.56, with Total Debt to Total Assets ending up at 69.67. Long-Term Debt to Equity for the company is recorded at 1,191.06, with the Long-Term Debt to Total Capital now at 83.77.
Reflecting on the efficiency of the workforce at the company, CommScope Holding Company Inc. [COMM] managed to generate an average of -$30,983 per employee. Receivables Turnover for the company is 6.65 with a Total Asset Turnover recorded at a value of 0.79.CommScope Holding Company Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.70.
COMM Stock EPS
With the latest financial reports released by the company, CommScope Holding Company Inc. posted 0.66/share EPS, while the average EPS was predicted by analysts to be reported at 0.56/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 17.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COMM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CommScope Holding Company Inc. go to -0.25%.
CommScope Holding Company Inc. [COMM] Insider Position Details
There are presently around $2,316 million, in the hands of institutional investors. The top three institutional holders of COMM stocks are: FMR LLC with ownership of 21,441,193, which is approximately 14.012% of the company’s market cap and around 1.80% of the total institutional ownership; MAVERICK CAPITAL LTD, holding 19,326,308 shares of the stock with an approximate value of $221.0 million in COMM stocks shares; and VANGUARD GROUP INC, currently with $209.73 million in COMM stock with ownership of nearly 3.334% of the company’s market capitalization.
103 institutional holders increased their position in CommScope Holding Company Inc. [NASDAQ:COMM] by around 26,559,728 shares. Additionally, 130 investors decreased positions by around 28,250,444 shares, while 24 investors held positions by with 147,725,595 shares. The mentioned changes placed institutional holdings at 202,535,767 shares, according to the latest SEC report filing. COMM stock had 35 new institutional investments in for a total of 5,751,184 shares, while 67 institutional investors sold positions of 8,358,611 shares during the same period.