In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $40.21 in the prior trading day, Comcast Corp (NASDAQ: CMCSA) closed at $37.87, down -5.82%. In other words, the price has decreased by -$5.82 from its previous closing price. On the day, 37.49 million shares were traded. CMCSA stock price reached its highest trading level at $39.2399 during the session, while it also had its lowest trading level at $37.19.
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 24.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.22.
On February 15, 2024, Redburn Atlantic Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $50 to $44.
Pivotal Research Group reiterated its Buy rating for the stock on December 13, 2023, while the target price for the stock was revised from $55 to $58.
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 Jan 29 ’24 when Cavanagh Michael J sold 114,749 shares for $46.10 per share. The transaction valued at 5,290,193 led to the insider holds 0 shares of the business.
Armstrong Jason sold 41,663 shares of CMCSA for $1,776,016 on Nov 20 ’23. The CFO now owns 14,458 shares after completing the transaction at $42.63 per share. On Nov 14 ’23, another insider, ROBERTS BRIAN L, who serves as the Chairman of Board & CEO of the company, sold 616,143 shares for $41.92 each. As a result, the insider received 25,827,421 and left with 16,909,517 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMCSA now has a Market Capitalization of 159708381184 and an Enterprise Value of 257933377536. As of this moment, Comcast’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.22, and their Forward P/E ratio for the next fiscal year is 8.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 2.122 whereas that against EBITDA is 6.851.
Stock Price History:
Over the past 52 weeks, CMCSA has reached a high of $47.46, while it has fallen to a 52-week low of $36.38. The 50-Day Moving Average of the stock is -9.19%, while the 200-Day Moving Average is calculated to be -12.57%.
Shares Statistics:
The stock has traded on average 21.66M shares per day over the past 3-months and 22133020 shares per day over the last 10 days, according to various share statistics. A total of 3.97B shares are outstanding, with a floating share count of 3.93B. Insiders hold about 1.00% of the company’s shares, while institutions hold 85.65% stake in the company. Shares short for CMCSA as of 1713139200 were 53514621 with a Short Ratio of 2.47, compared to 1710460800 on 48240702. Therefore, it implies a Short% of Shares Outstanding of 53514621 and a Short% of Float of 1.3599999999999999.
Dividends & Splits
In the trailing 12 months, CMCSA’s forward annual dividend rate was 1.16, compared to 1.18 this year. Against a Trailing Annual Dividend Yield of 0.028848546The stock’s 5-year Average Dividend Yield is 2.24.
