I recommend waiting for a better discount before investing in Comcast Corporation (CMCSA).

After closing at $34.46 in the most recent trading day, Comcast Corporation (NASDAQ: CMCSA) closed at 33.84, down -1.80%. In other words, the price has decreased by $-0.62 from its previous closing price. On the day, 26415865 shares were traded. CMCSA reached its highest trading level at $34.23 during the session, while it also had its lowest trading level at $33.60.

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Ratios:

Our goal is to gain a better understanding of CMCSA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.10. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.06.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Atlantic Equities on August 15, 2022, Downgraded its rating to Neutral and sets its target price to $44 from $60 previously.

Barclays Downgraded its Overweight to Equal Weight on August 01, 2022, whereas the target price for the stock was revised from $48 to $42.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 27 when Murdock Daniel C. sold 8,929 shares for $44.50 per share. The transaction valued at 397,340 led to the insider holds 1,817 shares of the business.

WATSON DAVID N sold 65,410 shares of CMCSA for $2,988,452 on Mar 11. The CEO – Comcast Cable now owns 597,425 shares after completing the transaction at $45.69 per share.

Valuation Measures:

As of this moment, Comcast’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.04, and their Forward P/E ratio for the next fiscal year is 8.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 1.65.

Stock Price History:

Over the past 52 weeks, CMCSA has reached a high of $57.96, while it has fallen to a 52-week low of $33.41. The 50-Day Moving Average of the stock is 38.10, while the 200-Day Moving Average is calculated to be 43.89.

Shares Statistics:

The stock has traded on average 23.76M shares per day over the past 3-months and 32.94M shares per day over the last 10 days, according to various share statistics. A total of 4.46B shares are outstanding, with a floating share count of 4.37B. Insiders hold about 0.10% of the company’s shares, while institutions hold 85.50% stake in the company. Shares short for CMCSA as of Jul 14, 2022 were 68.07M with a Short Ratio of 3.04, compared to 75.15M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.52% and a Short% of Float of 1.53%.

Dividends & Splits

In the trailing 12 months, CMCSA’s forward annual dividend rate was 0.94, compared to 1.08 this year. Against a Trailing Annual Dividend Yield of 2.73%, it implies a Forward Annual Dividend Yield of 2.88%. The stock’s 5-year Average Dividend Yield is 1.93. The current Payout Ratio is 33.60% for CMCSA, which recently paid a dividend on Oct 25, 2022 with an ex-dividend date of Oct 03, 2022. Stock splits for the company last occurred on Feb 20, 2017 when the company split stock in a 2:1 ratio.

Earnings Estimates

Its stock is currently analyzed by 24 different market analysts. On average, analysts expect EPS of $0.93 for the current quarter, with a high estimate of $1.03 and a low estimate of $0.85, while EPS last year was $0.87. The consensus estimate for the next quarter is $0.88, with high estimates of $1.08 and low estimates of $0.76.

Analysts are recommending an EPS of between $3.97 and $3.37 for the fiscal current year, implying an average EPS of $3.59. EPS for the following year is $3.97, with 30 analysts recommending between $4.83 and $3.65.

Revenue Estimates

A total of 33 analysts have provided revenue estimates for CMCSA’s current fiscal year. The highest revenue estimate was $127.56B, while the lowest revenue estimate was $119.66B, resulting in an average revenue estimate of $122.06B. In the same quarter a year ago, actual revenue was $116.39B, up 4.90% from the average estimate. Based on 32 analysts’ estimates, the company’s revenue will be $123.53B in the next fiscal year. The high estimate is $133.69B and the low estimate is $118.95B. The average revenue growth estimate for next year is up 1.20% from the average revenue estimate for this year.