[PR Newswire] – SANTA MONICA, Calif. and PHILADELPHIA, July 22, 2014 /PRNewswire/ — Lionsgate (LGF) and Comcast (NASDAQ: CMCSA, CMCSK) today announced the expansion of their partnership to create uniquely immersive multi-platform experiences for digital consumers, beginning with the launch of an app for the motion picture Divergent. With more than four hours of state-of-the-art bonus features and interactive content, the Lionsgate-designed iOS app, which is free to every Divergent fan via the iTunes App Store, includes an authenticated premium experience available to Xfinity customers with the purchase of the film through the Xfinity On Demand digital store. Xfinity customers will be the first to enjoy Divergent movie scenes from multiple angles, walk the red carpet from the comfort of their living rooms with 360-degree camera views that make them feel as if they are at the premiere, embark on a virtual reality audio experience during a Dauntless initiation and explore the film’s fashion through interactive flipbooks.
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Comcast Corporation (CMCSA), with a current market cap of $139.92B, started trading this morning at $54.46.
Today’s price range has been between $53.50 and $54.46 per share and has traded between $41.06 and $55.53 over the past 12 months.
CMCSA shares are currently priced at 18.43x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.51x forward p/e ratio.
The company pays shareholders $0.90 per share in dividend income per year, for a current yield of 1.70%.
According to a consensus of 25 analysts, the earnings estimate of $0.72 per share would be $0.07 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $2.92 which would be a $0.45 better than last year’s full-year earnings.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $16.95 Billion. If realized, that would be a 4.18% increase over the year-ago quarter.
Recently, Telsey Advisory Group Initiated CMCSA at Not Rated (Apr 22, 2014). Previously, Pacific Crest upgraded CMCSA from Sector Perform to Outperform.
The average price target for CMCSA shares by the analysts covering the stock is $61.52, which is 12.96% above where the stock opened this morning.
Summary (NASDAQ:CMCSA) : Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name. This segment also provides business services, such as cellular backhaul services to mobile network operators; Ethernet network services; and online advertising services. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international channels; and cable television production operations, as well as owns digital media properties. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo owned local broadcast television stations, and broadcast television production operations, as well as owns digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes live-action and animated filmed entertainment under the Universal Pictures, Focus Features, and Illumination names. This segment also develops, produces, and licenses stage plays, as well as owns digital media properties. The Theme Parks segment operates theme parks; studios; Island of adventures; and a dining, retail, and entertainment complex. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.
Tag Helper ~ Stock Code: CMCSA | Common Company name: Comcast | Full Company name: Comcast Corporation (NASDAQ:CMCSA) .