For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Comcast Corp (NASDAQ: CMCSA) closed the day trading at $38.85 up 0.73% from the previous closing price of $38.57. In other words, the price has increased by $0.73 from its previous closing price. On the day, 14.93 million shares were traded. CMCSA stock price reached its highest trading level at $38.95 during the session, while it also had its lowest trading level at $38.46.
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 23.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.59. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.23.
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 153194479616 and an Enterprise Value of 243233865728. As of this moment, Comcast’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.32, and their Forward P/E ratio for the next fiscal year is 8.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 1.995 whereas that against EBITDA is 6.471.
Stock Price History:
The Beta on a monthly basis for CMCSA is 0.99, which has changed by -0.057038844 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, CMCSA has reached a high of $47.46, while it has fallen to a 52-week low of $36.43. The 50-Day Moving Average of the stock is -6.51%, while the 200-Day Moving Average is calculated to be -10.23%.
Shares Statistics:
Over the past 3-months, CMCSA traded about 21.95M shares per day on average, while over the past 10 days, CMCSA traded about 22031390 shares per day. 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 85.57% stake in the company. Shares short for CMCSA as of 1713139200 were 53514621 with a Short Ratio of 2.44, 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
CMCSA’s forward annual dividend rate is 1.18, up from 1.18 a year ago. Against a Trailing Annual Dividend Yield of 0.030593725The stock’s 5-year Average Dividend Yield is 2.24. The current Payout Ratio is 31.27% for CMCSA, which recently paid a dividend on 2024-04-02 with an ex-dividend date of 1712016000. Stock splits for the company last occurred on 2017-02-21 when the company split stock in a 2:1 ratio.
Earnings Estimates
The stock of Comcast Corp (CMCSA) is currently being evaluated by 20.0 analysts who are actively contributing to its market rating.On average, analysts expect EPS of $1.13 for the current quarter, with a high estimate of $1.17 and a low estimate of $1.03, while EPS last year was $1.13. The consensus estimate for the next quarter is $1.15, with high estimates of $1.24 and low estimates of $1.0.
Analysts are recommending an EPS of between $4.5 and $3.8 for the fiscal current year, implying an average EPS of $4.21. EPS for the following year is $4.5, with 25.0 analysts recommending between $4.85 and $4.09.
Revenue Estimates
20 analysts predict $30.22B in revenue for the current quarter. It ranges from a high estimate of $31.14B to a low estimate of $29.59B. As of the current estimate, Comcast Corp’s year-ago sales were $30.13BFor the next quarter, 20 analysts are estimating revenue of $31.95B. There is a high estimate of $32.88B for the next quarter, whereas the lowest estimate is $30.7B.
A total of 29 analysts have provided revenue estimates for CMCSA’s current fiscal year. The highest revenue estimate was $127.45B, while the lowest revenue estimate was $121.36B, resulting in an average revenue estimate of $124.06B. In the same quarter a year ago, actual revenue was $121.57BBased on 27 analysts’ estimates, the company’s revenue will be $123.5B in the next fiscal year. The high estimate is $128.09B and the low estimate is $120.69B.
