2 weeks Ago By ABMN Staff
Comcast Co. ( NASDAQ:CMCSA – Get Free Report ) has received an average recommendation of “Hold” from the seventeen research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating on the company.
The average 12-month target price among brokerages that have issued a report on the stock in the last year is $45.58. Several brokerages recently commented on CMCSA.
Macquarie reiterated a “neutral” rating and set a $40.00 price target on shares of Comcast in a research note on Wednesday, July 24th. BNP Paribas lowered Comcast from a “neutral” rating to an “underperform” rating and set a $34.
00 price objective for the company. in a research report on Tuesday, June 11th. Seaport Res Ptn cut shares of Comcast from a “strong-buy” rating to a “hold” rating in a report on Monday, June 24th.
Barclays reduced their price target on Comcast from $41.00 to $40.00 and set an “equal weight” rating for the company in a research report on Thursday, July 25th.
Finally, Rosenblatt Securities reaffirmed a “neutral” rating and set a $45.00 price objective on shares of Comcast in a report on Wednesday, July 24th. Check Out Our Latest Research Report on Comcast Institutional Inflows and Outflows Comcast Trading Up 1.
5 % Comcast stock opened at $41.64 on Friday. Comcast has a fifty-two week low of $36.
43 and a fifty-two week high of $47.11. The stock has a market cap of $163.
38 billion, a P/E ratio of 11.02, a PEG ratio of 1.08 and a beta of 1.
01. The firm’s fifty day moving average price is $39.69 and its 200-day moving average price is $39.
57. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.
66 and a current ratio of 0.66. Comcast ( NASDAQ:CMCSA – Get Free Report ) last released its earnings results on Tuesday, July 23rd.
The cable giant reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.
09. The company had revenue of $29.69 billion for the quarter, compared to analysts’ expectations of $30.
02 billion. Comcast had a net margin of 12.46% and a return on equity of 20.
17%. The firm’s revenue was down 2.7% compared to the same quarter last year.
During the same quarter last year, the business earned $1.13 EPS. Equities research analysts forecast that Comcast will post 4.
23 earnings per share for the current fiscal year. Comcast Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Wednesday, October 2nd will be given a $0.
31 dividend. The ex-dividend date of this dividend is Wednesday, October 2nd. This represents a $1.
24 dividend on an annualized basis and a yield of 2.98%. Comcast’s dividend payout ratio (DPR) is presently 32.
80%. About Comcast ( Get Free Report Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments.
The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising. Recommended Stories Receive News & Ratings for Comcast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comcast and related companies with MarketBeat.com's FREE daily email newsletter .
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