[PR Newswire] – MANCHESTER, N.H., Oct. 11, 2013 /PRNewswire/ — With the start of the new school year, Comcast is re-launching Internet Essentials , the nation’s largest and most comprehensive broadband adoption initiative …
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Comcast Corporation (CMCSA), valued at $120.25B, opened this morning at $45.17.
Looking at today’s trading action, the company’s one day range from $45.14 to $45.84 with a trailing 52-week range being $34.95 to $46.33.
CMCSA shares are currently priced at 18.09x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 20.78x earnings multiple.
The company pays shareholders $0.78 per share annually in dividends, yielding 1.70%.
In a review of the consensus earnings estimate this quarter, 29 sell-side analysts are looking at $0.62 per share, which would be $0.16 better than the year-ago quarter but a $0.02 sequential increase. The full-year EPS estimate is $2.45, which would be $0.52 better than last year.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $16.25 Billion. If realized, that would be a 1.75% decrease over the year-ago quarter.
With the above information in mind, readers should note that the average price target is $51.57, which is 14.17% above where the stock opened this morning.
Comcast Corporation (NASDAQ:CMCSA), operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
Tag Helper ~ Stock Code: CMCSA | Common Company name: Comcast | Full Company name: Comcast Corporation (NASDAQ:CMCSA) .