JP Morgan lifts CommScope Holding Company Inc [COMM] price estimate. Who else is bullish?

TANH

CommScope Holding Company Inc [NASDAQ: COMM] stock went on an upward path that rose over 1.34% on Wednesday, amounting to a one-week price increase of more than 7.23%.

Over the last 12 months, COMM stock rose by 59.50%. The one-year CommScope Holding Company Inc stock forecast points to a potential downside of -119411664.71. The average equity rating for COMM stock is currently 3.62, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $1.80 billion, with 216.58 million shares outstanding and 201.73 million shares in the current float. Compared to the average trading volume of 6.09M shares, COMM stock reached a trading volume of 5334350 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 $5.10 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 3.62. 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.

JP Morgan have made an estimate for CommScope Holding Company Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 14, 2025. The new note on the price target was released on January 06, 2025, representing the official price target for CommScope Holding Company Inc stock. Previously, the target price had yet another raise to $5, while Morgan Stanley analysts kept a Underweight rating on COMM stock.

Price to Free Cash Flow for COMM in the course of the last twelve months was 7.86 with Quick ratio for the last quarter at 1.46.

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 7.23. With this latest performance, COMM shares gained by 47.60% in over the last four-week period, additionally plugging by 50.82% over the last 6 months – not to mention a rise of 59.50% in the past year of trading.

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 13.01% and a Gross Margin at 35.24%. CommScope Holding Company Inc’s Net Margin is presently recorded at -2.71%.

Return on Equity for this stock inclined to 2.53%, with Return on Assets sitting at 2.53%.

CommScope Holding Company Inc [COMM] Institutonal Ownership Details

There are presently around $89.18%, or 91.11%% 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 11.6298%. 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 7.4909%.

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