With 22.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 18.91 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $40.36 whereas the lowest price it dropped to was $39.84. The 52-week range on CMCSA shows that it touched its highest point at $47.11 and its lowest point at $36.43 during that stretch. It currently has a 1-year price target of $48.04. With its current market cap of 153.98 billion, CMCSA has annualized dividend of $1.22 while the current yield stands at 3.03%. Beta for the stock currently stands at 0.99.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CMCSA was down-trending over the past week, with a drop of -5.96%, but this was down by -8.63% over a month. Three-month performance surged to 1.74% while six-month performance rose 7.08%. The stock lost -5.69% in the past year, while it has lost -8.23% so far this year. A look at the trailing 12-month EPS for CMCSA yields 3.71 with Next year EPS estimates of 4.41. For the next quarter, that number is 0.87. This implies an EPS growth rate of 6.27% for this year and 4.31% for next year. EPS is expected to grow by 8.26% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.96%.
Float and Shares Shorts:
At present, 3.82 billion CMCSA shares are outstanding with a float of 3.79 billion shares on hand for trading. On 2024-11-29, short shares totaled 55.18 million, which was 144.00001 higher than short shares on 1730332800. In addition to Mr. Brian L. Roberts as the firm’s Chairman & CEO, Mr. Michael J. Cavanagh serves as its President.
Institutional Ownership:
Through their ownership of 0.87358004 of CMCSA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CMCSA reported revenue of $32070000000.0 and operating income of $5859000000.0. The EBITDA in the recently reported quarter was $9756000000.0 and diluted EPS was $0.94.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CMCSA since 22 analysts follow the stock currently. There are 15 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CMCSA analysts setting a high price target of 57.0 and a low target of 37.0, the average target price over the next 12 months is 48.05964. Based on these targets, CMCSA could surge 41.65% to reach the target high and fall by -8.05% to reach the target low. Reaching the average price target will result in a growth of 19.43% from current levels.
Analysts have provided yearly estimates in a range of $4.25858 being high and $4.17917 being low. For CMCSA, this leads to a yearly average estimate of $4.2288. Based on analyst estimates, the high estimate for the next quarter is $1.13 and the low estimate is $0.95. The average estimate for the next quarter is thus $1.05.
