CommScope Holding Company Inc. [COMM] gain 1.45% so far this year. What now?

CommScope Holding Company Inc. [NASDAQ: COMM] stock went on an upward path that rose over 17.15% on Tuesday, amounting to a one-week price increase of more than 16.79%. The company report on September 19, 2022 that CommScope Launches HomeVista™ Streamer Solutions at SCTE Cable-Tec Expo 2022.


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— Revolutionary pre-integrated video solution to accelerate time-to-market —.

CommScope (NASDAQ: COMM), announced the launch of HomeVista™ solutions, a portfolio that leverages the technologies of AndroidTV and RDK-based streamer solutions for service providers to simplify and accelerate the introduction of new, innovative video services.

Over the last 12 months, COMM stock dropped by -15.34%. The one-year CommScope Holding Company Inc. stock forecast points to a potential downside of -8.42. The average equity rating for COMM stock is currently 2.90, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $2.35 billion, with 207.60 million shares outstanding and 203.00 million shares in the current float. Compared to the average trading volume of 2.98M shares, COMM stock reached a trading volume of 5530850 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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 $10.33 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 2.90. 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.

Credit Suisse have made an estimate for CommScope Holding Company Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 04, 2022. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $9 to $11. The new note on the price target was released on August 05, 2022, representing the official price target for CommScope Holding Company Inc. stock. On April 01, 2022, analysts decreased their price target for COMM shares from 18 to 9.

The Average True Range (ATR) for CommScope Holding Company Inc. is set at 0.73, with the Price to Sales ratio for COMM stock in the period of the last 12 months amounting to 0.27.

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 16.79. With this latest performance, COMM shares dropped by -11.74% in over the last four-week period, additionally plugging by 45.08% over the last 6 months – not to mention a drop of -15.34% 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 55.05, with the RSI for the last a single of trading hit 58.20, and the three-weeks RSI is set at 54.80 for CommScope Holding Company Inc. [COMM]. The present Moving Average for the last 50 days of trading for this stock 10.58, while it was recorded at 9.85 for the last single week of trading, and 8.72 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 +3.41 and a Gross Margin at +24.69. CommScope Holding Company Inc.’s Net Margin is presently recorded at -5.39.

Return on Equity for this stock declined to -40.29, with Return on Assets sitting at -3.45.

CommScope Holding Company Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.70.

COMM Stock EPS

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 23.90%.

CommScope Holding Company Inc. [COMM] Insider Position Details

There are presently around $2,134 million, or 93.70% of COMM stock, in the hands of institutional investors. The top three institutional holders of COMM stocks are: VANGUARD GROUP INC with ownership of 28,843,057, which is approximately 6.816% of the company’s market cap and around 2.80% of the total institutional ownership; FPR PARTNERS LLC, holding 20,323,018 shares of the stock with an approximate value of $227.62 million in COMM stocks shares; and BLACKROCK INC., currently with $175.76 million in COMM stock with ownership of nearly 10.791% of the company’s market capitalization.

Positions in CommScope Holding Company Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 126 institutional holders increased their position in CommScope Holding Company Inc. [NASDAQ:COMM] by around 28,484,663 shares. Additionally, 120 investors decreased positions by around 29,619,571 shares, while 40 investors held positions by with 132,423,575 shares. The mentioned changes placed institutional holdings at 190,527,809 shares, according to the latest SEC report filing. COMM stock had 45 new institutional investments in for a total of 9,616,618 shares, while 45 institutional investors sold positions of 6,867,229 shares during the same period.

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