Setting Up Technical Traps: Lumber Liquidators Holdings Inc. (LL), CommScope Holding Company Inc. (COMM)

You should consider shares of Lumber Liquidators Holdings Inc. (NYSE:LL) and CommScope Holding Company Inc. (NASDAQ:COMM) if you are looking for a great stocks to invest in. Starting with the LL shares, which traded at $8.91 at the close of the recent session, dropping -0.22%. On Friday, the company’s shares shed -$0.02 from its value which represented in intraday trading. The stock is now -32.40% lower in year-to-date (YTD) trading. LL’s intraday high was $8.985 while its lowest price touched $8.79. The stock’s 52-week high price is $14.44, which means the current price is at -38.30%. In terms of trading activity, the daily trading volume fell to 650893 against 200-day average trading volume of 1,402,128 shares.

What are analyst forecasts for Lumber Liquidators Holdings Inc. (NYSE:LL)?

At a consensus rating of 3.11, LL is trending as a streaking Hold, as it has been the case a month ago when 9 analysts called it a Hold. Two months ago, 10 analysts recommended, on average, that LL stock is a Hold. The Services company’s shares’ overall bearish trend saw it close higher on Friday compared to its opening price of $8.90 on the day.

Forecasts for Lumber Liquidators Holdings Inc. (NYSE:LL) give the stock a fair value for the growth of 10.9% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $10.00, which means the price per share could rise by nearly $1.09. The price range target is between a low of $8.00 and a high of $13.00. The stock would need to gain by about $31.46 to hit the estimated high or 0.74% from its 12-month low.

The consensus among 9 analysts is that it is a good time for one to Hold in the Lumber Liquidators Holdings Inc. 0 analysts rate LL as a Buy, with 0 of 9 analysts rate it as a Sell. 1 have valued the stock as Overweight and 8 have recommended that investors Hold.

Lumber Liquidators Holdings Inc. (NYSE:LL) Upgrades and Downgrades

In terms of rating changes, Raymond James on May 01, 2019, Upgrade Lumber Liquidators Holdings Inc. (LL) at Outperform. They believe the stock could reach $16 in the near term. Analysts at Evercore ISI have assigned a In-line rating for the stock in their research note on March 20, 2019 with an estimated price target of $10. Moreover, Loop Capital analysts issued a rating of Hold for the stock on January 03, 2019. On October 31, 2018, the stock earned a Neutral rating due to an analyst call from Wedbush, while analysts from Oppenheimer on October 30, 2018 suggested that the stock is Perform.

CommScope Holding Company Inc. (NASDAQ:COMM) adds -$0.13 on Friday

The COMM stock has tanked -17.02% year-to-date and is currently trading at $13.60, which is -49.63% below its 52-week high. The company shares lost -0.95% on the day and have risen nearly 42.86% off a low hit. At current levels, CommScope Holding Company Inc. has a valuation of about $7.10B. As of 11/29/19, this stock has fallen -0.80% during the week and closed at $13.73 in the previous session. However, recent CommScope Holding Company Inc. stock performance shows that COMM shares are 19.72% up over the last month, and 26.63% up for the last three months.

Earnings per share (EPS) estimates for the current quarter are $0.43, with the trailing 12-month share earnings at -$2.86. The ratio is expected to be down by -11.00% for the current year 2019 and 7.90% for next year. Over the next 5-year period, earnings per share will be 4.58%. But will the COMM stock surprise in the current quarter results, where the $0.55 actual EPS reported on 9/29/2019 surprised by 25.00% or was higher by $0.11 from the estimated $0.44.

Sales Growth to climb 12.10% for the year

How well will CommScope Holding Company Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $2.26B and $2.32B in current quarter sales. The consensus estimated for the current quarter is $2.29B from sales. Forecasts for this fiscal year are between $8.3B and $8.36B and the consensus estimate for sales is at $8.34B.

Who owns shares in CommScope Holding Company Inc. (COMM)?

Let’s briefly focus on the share ownership of the CommScope Holding Company Inc. (NASDAQ:COMM) stock, where we find that 99.80% of shares are held by institutions. FPR Partners, LLC tops the list of institutional owners as it is holding 19.23 million shares or 9.91% of shares outstanding. Maverick Capital Ltd. and Vanguard Group, Inc. (The) held 19.2 million and 17.63 million representing 9.89% and 9.08% respectively at the close of the last trading session. As of Sep 29, 2019, FMR, LLC accounted for 15.91 million shares at over 187.1 million. This represented 8.20% of shares outstanding. Franklin Resources, Inc held 15.14 million shares at over 178.07 million representing 7.80% of shares outstanding.

COMM Insider Activity

Insider activity can also give a signal in terms of price direction. Looking at CommScope Holding Company Inc. (COMM), a total of 234677 shares have been sold by insiders over the last 6 months while 375010 shares were added in the same time span. On 3/01/2019, Director by the name Drendel Frank M sold 260823.0 shares worth $6.2 million at the price of $23.62 per share. Filings also show that Drendel Frank M sold a total of 153877.0 shares on 11/15/2019 valued at $2.3 million. Since the last insider activity, the company’s share price has dropped -9.03%.