Comcast Corporation (NASDAQ: CMCSA) is -3.61% lower on its value in year-to-date trading and has touched a low of $31.70 and a high of $52.49 in the current 52-week trading range. The CMCSA stock was last observed hovering at around $52.40 in the last trading session, with the day’s loss setting it -1.89% off its average median price target of $54.00 for the next 12 months. It is also 22.29% off the consensus price target high of $65.00 offered by 32 analysts, but current levels are -26.27% lower than the price target low of $40.00 for the same period.
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Currently trading at $50.51, the stock is -1.21% and 3.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 22.23 million and changing -3.61% at the moment leaves the stock 18.00% off its SMA200. CMCSA registered 12.22% gain for a year compared to 6-month gain of 25.24%. The firm has a 50-day simple moving average (SMA 50) of $50.87 and a 200-day simple moving average (SMA200) of $45.25.
The stock witnessed a -1.06% loss in the last 1 month and extending the period to 3 months gives it a 11.87%, and is 0.26% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.49% over the week and 1.82% over the month.
Comcast Corporation (CMCSA) has around 190000 employees, a market worth around $225.85B and $104.25B in sales. Current P/E ratio is 22.61 and Fwd P/E is 17.38. Profit margin for the company is 9.90%. Distance from 52-week low is 59.31% and -3.77% from its 52-week high. The company has generated returns on investments over the last 12 months (9.20%).
Comcast Corporation (CMCSA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Comcast Corporation (CMCSA) is a “Overweight”. 32 analysts offering their recommendations for the stock have an average rating of 2.10, where 8 rate it as a Hold and 2 think it is a “Overweight”. 22 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Comcast Corporation is expected to release its quarterly report on 04/28/2021 and quarterly earnings per share for the current quarter are estimated at $0.48 with sales reaching $26.79B over the same period.The EPS is expected to grow by 11.80% this year, but quarterly earnings will post -5.80% year-over-year. Quarterly sales are estimated to shrink -5.70% in year-over-year returns.
Comcast Corporation (CMCSA) Top Institutional Holders
2,632 institutions hold shares in Comcast Corporation (CMCSA), with 30.61M shares held by insiders accounting for 0.67% while institutional investors hold 86.26% of the company’s shares. The shares outstanding are 4.58B, and float is at 4.53B with Short Float at 1.66%. Institutions hold 85.68% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 390.44 million shares valued at $18.06 billion. The investor’s holdings represent 8.55% of the CMCSA Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 315.26 million shares valued at $14.58 billion to account for 6.90% of the shares outstanding. The other top investors are Capital International Investors which holds 208.59 million shares representing 4.57% and valued at over $9.65 billion, while State Street Corporation holds 3.85% of the shares totaling 175.64 million with a market value of $8.13 billion.
Comcast Corporation (CMCSA) Insider Activity
The most recent transaction is an insider sale by SHELL JEFF, the company’s CEO – NBCUniversal. SEC filings show that SHELL JEFF sold 5,582 shares of the company’s common stock on Dec 02 at a price of $51.23 per share for a total of $0.29 million. Following the sale, the insider now owns 0.34 million shares.
Comcast Corporation disclosed in a document filed with the SEC on Aug 24 that Murdock Daniel C. (SVP & Chief Accounting Officer) sold a total of 848 shares of the company’s common stock. The trade occurred on Aug 24 and was made at $42.87 per share for $36354.0. Following the transaction, the insider now directly holds 3205.0 shares of the CMCSA stock.
Still, SEC filings show that on Aug 03, SHELL JEFF (CEO – NBCUniversal) disposed off 99,484 shares at an average price of $42.91 for $4.27 million. The insider now directly holds 527,683 shares of Comcast Corporation (CMCSA).
Comcast Corporation (CMCSA): Who are the competitors?
The company’s main competitors (and peers) include Lumen Technologies Inc. (LUMN) that is trading -22.80% down over the past 12 months. The Walt Disney Company (DIS) is 21.28% up on the 1-year trading charts. Short interest in the company’s stock has fallen -8.22% from the last report on Nov 12, 2020 to stand at a total of 81.4 million short shares sold with a short interest ratio of 4.32.