Looking at top Wall Street opinions, CommScope Holding Company, Inc. (NASDAQ: COMM) has recently made its way into the research list of Deutsche Bank – signaling that their analyst’s rating adjustment is noteworthy. This stock was Buy in the eyes of Deutsche Bank, as reported on Friday, April 12th, 2019. Another heavy-hitting research note was published by Raymond James on Wednesday April 3rd, 2019, with this firm upgrading COMM to an updated rating of Strong Buy from its previous rating of Outperform. In the past six months and three months of trading, shares of CommScope Holding Company, Inc. (COMM) have moved by 0.89% and 38.85%, respectively.
Brokerage Updates Related to CommScope Holding Company, Inc. (COMM) Stock
This publicly-traded organization generated gains of 5.33% over the last 5 sessions. Right now, this stock is the subject of 12 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 5 have given a rating of Buy or better. Based on the 12 stock market experts following this company, the average 12-month price target is $28.04. Moreover, individual price targets range between $22.00-$40.00. With its recent move to $28.00, we can see that these firms project this stock will loss by -36.40% in one year.
Updates from CommScope Holding Company, Inc. (COMM) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 1.60% rise since the beginning of the calendar year. A SVP of CommScope, Inc. at CommScope Holding Company, Inc. (COMM) sold off some of its shares in a transaction that was finalized on Mar 06. Similarly, DRENDEL FRANK M sold 19,320 shares of the organization’s stock at $23.53 apiece and racked up $454,547 in earnings from the sale. Now, DRENDEL FRANK M holds 2,319,887 shares of the company following the exchange. A Director of the organization named DRENDEL FRANK M, was engaged in a transaction that occurred on Mar 01 that managed to be worth $6,160,405 from the sale of 260,823 common shares at a price of $23.62 per individual share.
CommScope Holding Company, Inc. (NASDAQ:COMM) Results in the Pipeline
The next scheduled release of financial results for CommScope Holding Company, Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.43. In the same vein, they expect sales for the quarter to amount to $1,056.79 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $1,057.73 million in revenue alongside EPS at $0.51. On average, the analyst projection was calling for $1,150.41 million with $0.59 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $1,239.86 million, with earnings per share ending up at $0.68.
CyrusOne Inc. (NASDAQ:CONE) experienced a gain of 4.65% from the closing price in the previous trading day. That boost the price to $58.11 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,522,766 shares of stock – compared to the typical average of 1.13M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $59.83.
Pricing Indications for CyrusOne Inc. (CONE)
This organization has had a price-to-earnings ratio of 764.61 in the last year. Meanwhile, it gained 53.15 from its observable 50-day simple moving average. Right at this moment, the per-share value is 0.28% higher than the mean per-share price over the last 200 days in the market.
CyrusOne Inc. (NASDAQ:CONE) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 1 have a sell rating, 6 have a Buy rating, 7 have an outperform rating, while 7 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.20, based on information from Thomson Reuters.
CONE Stock Value Potential
In trading activity as of late, this stock’s value was 57.95 up from its 200 day moving average, while also 9.50% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $49.00-$70.00. The market value for the entire organization reached 6.16B. In the last trading session, the price ended the day at $55.53. The institutional holdings related to this organization account for 1.00%, and the Beta factor is now 0.90. This company’s RSI (Relative Strength Index) managed to hit 72.97.
CyrusOne Inc. (NASDAQ:CONE) Analyst Points of Focus
CyrusOne Inc. (CONE) has found itself inside of BofA/Merrill’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Buy, compared to its previous rating of Neutral by BofA/Merrill, as garnered from a news report on Friday April 12th, 2019. An additional helpful research note was sent out by Credit Suisse’s on Monday February 25th, 2019. The brokerage decided to downgrade CONE to Neutral from its previous rating of Outperform.