Comcast Corporation (CMCSA), with a current market cap of $141.21B, opened this morning at $54.46.
During the trading session, CMCSA traded between $54.36 to $54.90 and has traded between $41.06 and $56.49 over the past year.
[PR Newswire] – BOSTON, Aug. 27, 2014 /PRNewswire/ — Steve Hackley, Senior Vice President of Comcast’s Greater Boston Region was joined today by City of Boston Chief of Health and Human Services Felix Arroyo and Boston Celtics Rookie Marcus Smart to officially kick off Internet Essentials, Comcast’s innovative broadband adoption initiative, for this school year at the Boston Centers For Youth & Families Perkins Community Center in Dorchester. At the event, Comcast announced it will include up to six months of complimentary service for any new family in Boston and nationwide that has not yet applied for Internet Essentials. Families who are approved for Internet Essentials by September 20, 2014 will receive up to six months of Internet service.
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CMCSA shares are currently priced at 18.49x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 11.13x earnings multiple for the same period.
And for dividend hunters, the company pays shareholders $0.90 per share annually in dividends, yielding 1.70%.
In a review of the consensus earnings estimate this quarter, 23 sell-side analysts are looking at $0.71 per share, which would be $0.06 better than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $2.95 is a $0.48 improvement when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $16.87 Billion. If reported, that would be a 4.46% increase over the year-ago quarter.
More recently, Telsey Advisory Group Initiated CMCSA at Not Rated (Apr 22, 2014). Previously, Pacific Crest upgraded CMCSA from Sector Perform to Outperform.
When considering if the stock is under or overvalued, the average price target is $62.71, which is 15.15% 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) .