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Comcast Corp (NASDAQ: CMCSA) closed the day trading at $33.25 down -11.00% from the previous closing price of $37.36. In other words, the price has decreased by -$11.00 from its previous closing price. On the day, 76.52 million shares were traded. CMCSA stock price reached its highest trading level at $34.68 during the session, while it also had its lowest trading level at $32.5.
Ratios:
For a better understanding of CMCSA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 1.18 whereas as Long-Term Debt/Eq ratio is at 1.15.
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, Morgan Stanley on December 16, 2024, Downgraded its rating to Equal-Weight and sets its target price to $45 from $48 previously.
On December 12, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $46.
Pivotal Research Group reiterated its Buy rating for the stock on July 24, 2024, while the target price for the stock was revised from $48 to $47.
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 Nov 27 ’24 when ROBERTS BRIAN L sold 235,051 shares for $42.80 per share. The transaction valued at 10,061,170 led to the insider holds 6,434,877 shares of the business.
ROBERTS BRIAN L sold 234,464 shares of CMCSA for $10,002,633 on Nov 26 ’24. The Chairman of Board & CEO now owns 6,669,928 shares after completing the transaction at $42.66 per share. On Nov 26 ’24, another insider, Cavanagh Michael J, who serves as the President of the company, sold 107,622 shares for $42.53 each. As a result, the insider received 4,577,045 and left with 452,650 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 127232458752 and an Enterprise Value of 236277530624. As of this moment, Comcast’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.96, and their Forward P/E ratio for the next fiscal year is 6.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 1.92 whereas that against EBITDA is 6.337.
Stock Price History:
The Beta on a monthly basis for CMCSA is 1.01, which has changed by -0.17143488 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, CMCSA has reached a high of $47.11, while it has fallen to a 52-week low of $36.15. The 50-Day Moving Average of the stock is -15.29%, while the 200-Day Moving Average is calculated to be -16.27%.
Shares Statistics:
Over the past 3-months, CMCSA traded about 21.07M shares per day on average, while over the past 10 days, CMCSA traded about 20730760 shares per day. A total of 3.82B shares are outstanding, with a floating share count of 3.79B. Insiders hold about 0.94% of the company’s shares, while institutions hold 84.18% stake in the company. Shares short for CMCSA as of 1736899200 were 56698318 with a Short Ratio of 2.69, compared to 1734048000 on 49985350. Therefore, it implies a Short% of Shares Outstanding of 56698318 and a Short% of Float of 1.5.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.41. The current Payout Ratio is 31.27% for CMCSA, which recently paid a dividend on 2025-01-08 with an ex-dividend date of 1736294400. Stock splits for the company last occurred on 2017-02-21 when the company split stock in a 2:1 ratio.
