Media stories about Comcast Corporation (NASDAQ:CMCSA) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Comcast Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the cable giant an impact score of 46.8344175374413 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- S&P 500 Analyst Moves: CMCSA (nasdaq.com)
- Comcast Business Expands Voice Solutions Portfolio with VoiceEdge Select (finance.yahoo.com)
- Comcast Announces Multi-Year Global Sponsorship of U.S. Ski & Snowboard (finance.yahoo.com)
- ETFs with exposure to Comcast Corp. : November 13, 2017 (finance.yahoo.com)
- Comcast is the 'most perfectly positioned' company in media now, said IAC's Barry Diller (finance.yahoo.com)
CMCSA has been the topic of a number of research analyst reports. ValuEngine downgraded Comcast Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Moffett Nathanson upgraded Comcast Corporation from a “neutral” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Tuesday, September 12th. They noted that the move was a valuation call. KeyCorp restated a “neutral” rating on shares of Comcast Corporation in a report on Sunday, September 17th. Pivotal Research boosted their price target on Comcast Corporation from $48.00 to $50.00 and gave the company a “buy” rating in a report on Friday, October 27th. Finally, Wells Fargo & Company restated a “buy” rating and set a $49.00 price target on shares of Comcast Corporation in a report on Monday, October 23rd. Three research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. Comcast Corporation currently has a consensus rating of “Buy” and an average target price of $45.84.
Shares of Comcast Corporation (NASDAQ CMCSA) opened at $36.71 on Tuesday. The firm has a market cap of $174,100.00, a price-to-earnings ratio of 18.29, a price-to-earnings-growth ratio of 1.91 and a beta of 1.00. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.74 and a current ratio of 0.74. Comcast Corporation has a 12 month low of $33.09 and a 12 month high of $42.18.
Comcast Corporation (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, October 26th. The cable giant reported $0.52 EPS for the quarter, topping the consensus estimate of $0.49 by $0.03. The firm had revenue of $20.98 billion during the quarter, compared to analyst estimates of $21.05 billion. Comcast Corporation had a return on equity of 17.17% and a net margin of 11.99%. Comcast Corporation’s revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.92 EPS. equities research analysts predict that Comcast Corporation will post 2.06 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Stockholders of record on Wednesday, January 3rd will be paid a $0.157 dividend. The ex-dividend date is Tuesday, January 2nd. This represents a $0.63 annualized dividend and a dividend yield of 1.71%. Comcast Corporation’s dividend payout ratio (DPR) is 29.72%.
In other Comcast Corporation news, EVP Arthur R. Block sold 4,091 shares of the stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $38.36, for a total value of $156,930.76. Following the completion of the sale, the executive vice president now owns 68,478 shares in the company, valued at approximately $2,626,816.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kenneth J. Bacon sold 2,232 shares of the stock in a transaction on Friday, September 15th. The stock was sold at an average price of $37.27, for a total value of $83,186.64. Following the completion of the sale, the director now owns 24,580 shares of the company’s stock, valued at approximately $916,096.60. The disclosure for this sale can be found here. Corporate insiders own 1.28% of the company’s stock.
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About Comcast Corporation
Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.
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