Featured Stock Overview: Comcast Corporation (CMCSA)

How Comcast Aims to Capitalize on the Success of Comcast Cable

How Comcast Aims to Capitalize on the Success of Comcast Cable

Edge Asset Management Inc. lowered its stake in shares of Comcast Co. In most recent quarter, LT Debt/Equity ratio was listed at 1.03 and Total Debt/Equity ratio was noted at 1.13. The fund owned 3,229,121 shares of the cable giant's stock after selling 122,681 shares during the period. The company's shares were closed at 10.95.

Employees Retirement System of Texas decreased its position in shares of Comcast Co. The Stock now has a Weekly Volatility of 1.09% and Monthly Volatility of 1.12%. Bluestein R H & Co. now owns 617,480 shares of the cable giant's stock valued at $42,637,000 after buying an additional 22,147 shares in the last quarter.

Comcast Co. has a 52 week low of $29.34 and a 52 week high of $38.44. (NASDAQ:CMCSA) opened at 37.46 on Monday. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 0.15% where SMA50 and SMA200 are 1.57% and 11.08% respectively. Comcast Corporation P/E (price to earnings) ratio is 20.75 and Forward P/E ratio of 17.48.

Comcast Corporation will host a conference call with the financial community to discuss financial results for the first quarter on Thursday, April 27, 2017 at 8:30 a.m.

The stock has Return on Assets (ROA) of 5 percent.

Analysts are also projecting an Average Revenue Estimate for Comcast Corporation as $20 Billion in the Current Quarter. During the same quarter in the prior year, the firm posted $0.81 EPS. Annual EPS Growth of past 5 years is 18.90%. This is an increase from Comcast's previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Monday, April 3rd. The company has Beta Value of 1.03 and ATR value of 0.42.

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Some 48% of Comcast's 22.5 million video subscribers - more than 10.8 million - were using X1 set-top boxes as of December 30, up from 30% a year earlier.

Several equities analysts have recently weighed in on CMCSA shares. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $0.43 for the CMCSA while maintaining high price target of 48 and average of 41.94, as declared by WSJ. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $64.11 on company shares.

Comcast Corporation (NASDAQ:CMCSA) persists its position slightly strong in context of buying side, while shares price slightly down -0.19% during latest trading session. One analyst has rated the stock with a hold rating and twenty-two have issued a buy rating to the company's stock. Penserra Capital Management LLC now owns 1,764 shares of the cable giant's stock valued at $117,000 after buying an additional 882 shares during the period.

12 Insider Sales transactions were made totaling 717000 shares traded. (NYSE:NLY) went up 1.39% during trading on the United States exchange when it had traded 11M shares. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range. The disclosure for this sale can be found here. Following the completion of the transaction, the executive vice president now directly owns 74,554 shares of the company's stock, valued at $2,804,721.48. The short ratio in the company's stock is documented at 5.89 and the short float is around of 1.30%.

Comcast stated at the Morgan Stanley Technology, Media & Telecom Conference that its Business Services segment is now its "fastest-growing business".

"Dave Watson is the ideal new leader of Comcast Cable", Roberts added. Comcast's Business Services segment has three growth engines: small businesses, mid-sized businesses, and enterprises.

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