Comcast Corp (NASDAQ: CMCSA) is 0.24% higher on its value in year-to-date trading and has touched a low of $36.15 and a high of $47.11 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CMCSA stock was last observed hovering at around $37.47 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $37.62, the stock is 1.10% and -5.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.26 million and changing 0.40% at the moment leaves the stock -5.41% off its SMA200. CMCSA registered -14.40% loss for a year compared to 6-month gain of -1.23%. The firm has a 50-day simple moving average (SMA 50) of $39.8354 and a 200-day simple moving average (SMA200) of $39.7737.
The stock witnessed a -1.57% loss in the last 1 month and extending the period to 3 months gives it a -9.45%, and is 3.61% 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 1.55% over the week and 1.63% over the month.
Comcast Corp (CMCSA) has around 186000 employees, a market worth around $143.95B and $123.07B in sales. Current P/E ratio is 10.14 and Fwd P/E is 8.57. Profit margin for the company is 11.92%. Distance from 52-week low is 4.07% and -20.14% from its 52-week high. The company has generated returns on investments over the last 12 months (7.95%).
with sales reaching $31.63B over the same period.The EPS is expected to grow by 6.21% this year, but quarterly earnings will post 1.52% year-over-year. Quarterly sales are estimated to grow 1.19% in year-over-year returns.
Comcast Corp (CMCSA) Top Institutional Holders
3007.0 institutions hold shares in Comcast Corp (CMCSA), with institutional investors hold 87.85% of the company’s shares. The shares outstanding are 3.82B, and float is at 3.79B with Short Float at 1.41%. Institutions hold 87.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 372.37 million shares valued at $14.58 billion. The investor’s holdings represent 9.4057% of the CMCSA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 321.14 million shares valued at $12.58 billion to account for 8.1117 of the shares outstanding. The other top investors are STATE STREET CORP which holds 166.56 million shares representing 4.2071% and valued at over $6.52 billion, while CAPITAL WORLD INVESTORS holds 3.2369 of the shares totaling 128.15 million with a market value of $5.02 billion.
Comcast Corp (CMCSA) Insider Activity
The most recent transaction is an insider sale by ROBERTS BRIAN L, the company’s Chairman of Board & CEO. SEC filings show that ROBERTS BRIAN L sold 235,051 shares of the company’s common stock on Nov 27 ’24 at a price of $42.80 per share for a total of $10.06 million. Following the sale, the insider now owns 6.43 million shares.
Comcast Corp disclosed in a document filed with the SEC on Nov 26 ’24 that ROBERTS BRIAN L (Chairman of Board & CEO) sold a total of 234,464 shares of the company’s common stock. The trade occurred on Nov 26 ’24 and was made at $42.66 per share for $10.0 million. Following the transaction, the insider now directly holds 6.67 million shares of the CMCSA stock.
Still, SEC filings show that on Nov 26 ’24, Cavanagh Michael J (President) disposed off 107,622 shares at an average price of $42.53 for $4.58 million. The insider now directly holds 452,650 shares of Comcast Corp (CMCSA).
