CommScope Holding Company Inc [COMM] Revenue clocked in at $4.82 billion, up 84.75% YTD: What’s Next?

CommScope Holding Company Inc [NASDAQ: COMM] plunged by -$0.05 during the normal trading session on while it closed the day at $5.21.

CommScope Holding Company Inc stock has also loss -5.27% of its value over the past 7 days. However, COMM stock has declined by -13.88% in the 3 months of the year. Over the past six months meanwhile, it has gained 357.02% and gained 84.75% year-on date.

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The market cap for COMM stock reached $1.12 billion, with 215.86 million shares outstanding and 208.22 million shares in the current float. Compared to the average trading volume of 4.21M shares, COMM reached a trading volume of 4178961 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $4.20 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 3.56. 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.

Morgan Stanley have made an estimate for CommScope Holding Company Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on December 17, 2024. The new note on the price target was released on March 04, 2024, representing the official price target for CommScope Holding Company Inc stock.

The Average True Range (ATR) for CommScope Holding Company Inc is set at 0.42, with the Price to Sales ratio for COMM stock in the period of the last 12 months amounting to 0.23. Price to Free Cash Flow for COMM in the course of the last twelve months was 39.88 with Quick ratio for the last quarter at 1.05.

COMM stock trade performance evaluation

CommScope Holding Company Inc [COMM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.27. With this latest performance, COMM shares gained by 9.22% in over the last four-week period, additionally plugging by 357.02% over the last 6 months – not to mention a rise of 84.75% 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 45.16, with the RSI for the last a single of trading hit 40.75, and the three-weeks RSI is set at 47.16 for CommScope Holding Company Inc [COMM]. The present Moving Average for the last 50 days of trading for this stock 5.49, while it was recorded at 5.51 for the last single week of trading, and 3.32 for the last 200 days.

CommScope Holding Company Inc [COMM]: An insightful look at the core fundamentals

CommScope Holding Company Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.05 and a Current Ratio set at 1.40.

CommScope Holding Company Inc [COMM]: Institutional Ownership

There are presently around $79.91%, or 82.38%% of COMM stock, in the hands of institutional investors. The top three institutional holders of COMM stocks are: VANGUARD GROUP INC with ownership of 24.83 million shares, which is approximately 11.6956%. FPR PARTNERS LLC, holding 19.43 million shares of the stock with an approximate value of $$23.89 million in COMM stocks shares; and FPR PARTNERS LLC, currently with $$19.67 million in COMM stock with ownership which is approximately 7.5332%.