The leading market experts have placed a mean price target of $36.36 on CommScope Holding Company, Inc. (NASDAQ:COMM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.56 a share for the upcoming quarter and $2.50 for the current fiscal.
The technical analysis of CommScope Holding Company, Inc. plainly substantiates that the 50-day moving average of CommScope Holding Company, Inc. is $29.81, and stock is trading $0.06 points away or +0.21% from its 50-day moving average of $29.81. Further it is trading $0.87 or +2.99% away its 200-day moving average of $29.00. CommScope Holding Company, Inc. (NASDAQ:COMM) 52-week high is $34.12 and the 52-week low is $19.37.
This explains if the stock moves $-4.25, it will post a 52-week high. In event of +54.21% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of CommScope Holding Company, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CommScope Holding Company, Inc. (NASDAQ:COMM) ratio came in at N/A.
The stock last ended the trading session at $29.87 and registered a market cap of $5.75B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CommScope Holding Company, Inc. (NASDAQ:COMM) PEG ratio is at 0.62.
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