Comcast Corporation [NASDAQ: CMCSA] stock went on a downward path that fall over -1.87% on Wednesday, amounting to a one-week price increase of more than 0.15%. Over the last 12 months, CMCSA stock rose by 0.34%. The one-year Comcast Corporation stock forecast points to a potential upside of 7.49. The average equity rating for CMCSA stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $188.68 billion, with 4.56 billion shares outstanding and 4.52 billion shares in the current float. Compared to the average trading volume of 26.92M shares, CMCSA stock reached a trading volume of 15611196 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Comcast Corporation [CMCSA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMCSA shares is $44.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMCSA stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Guggenheim have made an estimate for Comcast Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 19, 2020. The new note on the price target was released on May 01, 2020, representing the official price target for Comcast Corporation stock. On March 23, 2020, analysts decreased their price target for CMCSA shares from 50 to 38.
The Average True Range (ATR) for Comcast Corporation is set at 1.05, with the Price to Sales ratio for CMCSA stock in the period of the last 12 months amounting to 1.74. The Price to Book ratio for the last quarter was 2.31, with the Price to Cash per share for the same quarter was set at 1.87. Price to Free Cash Flow for CMCSA in the course of the last twelve months was 17.63 with Quick ratio for the last quarter at 0.90.
CMCSA Stock Performance Analysis:
Comcast Corporation [CMCSA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.15. With this latest performance, CMCSA shares gained by 14.38% in over the last four-week period, additionally sinking by -5.76% over the last 6 months – not to mention a rise of 0.34% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CMCSA stock in for the last two-week period is set at 61.14, with the RSI for the last a single of trading hit 60.16, and the three-weeks RSI is set at 58.48 for Comcast Corporation [CMCSA]. The present Moving Average for the last 50 days of trading for this stock 37.73, while it was recorded at 42.00 for the last single week of trading, and 42.28 for the last 200 days.
Insight into Comcast Corporation Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Comcast Corporation [CMCSA] shares currently have an operating margin of +19.39 and a Gross Margin at +56.50. Comcast Corporation’s Net Margin is presently recorded at +11.99.
Return on Total Capital for CMCSA is now 11.11, given the latest momentum, and Return on Invested Capital for the company is 7.13. Return on Equity for this stock inclined to 16.92, with Return on Assets sitting at 5.07. When it comes to the capital structure of this company, Comcast Corporation [CMCSA] has a Total Debt to Total Equity ratio set at 132.46. Additionally, CMCSA Total Debt to Total Capital is recorded at 56.98, with Total Debt to Total Assets ending up at 41.60. Long-Term Debt to Equity for the company is recorded at 126.21, with the Long-Term Debt to Total Capital now at 54.30.
Reflecting on the efficiency of the workforce at the company, Comcast Corporation [CMCSA] managed to generate an average of $68,721 per employee. Receivables Turnover for the company is 9.73 with a Total Asset Turnover recorded at a value of 0.42.Comcast Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 0.90.
CMCSA Stock EPS
With the latest financial reports released by the company, Comcast Corporation posted 0.78/share EPS, while the average EPS was predicted by analysts to be reported at 0.75/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CMCSA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Comcast Corporation go to 6.15%.
Comcast Corporation [CMCSA] Insider Position Details
There are presently around $162,412 million, or 86.30% of CMCSA stock, in the hands of institutional investors. The top three institutional holders of CMCSA stocks are: VANGUARD GROUP INC with ownership of 415,966,527, which is approximately 3.124% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 320,643,458 shares of the stock with an approximate value of $13.52 billion in CMCSA stocks shares; and STATE STREET CORP, currently with $7.41 billion in CMCSA stock with ownership of nearly 0.937% of the company’s market capitalization.
978 institutional holders increased their position in Comcast Corporation [NASDAQ:CMCSA] by around 282,830,397 shares. Additionally, 1,031 investors decreased positions by around 237,595,938 shares, while 174 investors held positions by with 3,332,770,157 shares. The mentioned changes placed institutional holdings at 3,853,196,492 shares, according to the latest SEC report filing. CMCSA stock had 148 new institutional investments in for a total of 22,823,856 shares, while 203 institutional investors sold positions of 29,797,876 shares during the same period.