News coverage about Comcast (NASDAQ:CMCSA) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Comcast earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media coverage about the cable giant an impact score of 46.6631176568845 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have effected Accern’s analysis:
Comcast (NASDAQ:CMCSA) traded up $0.39 during midday trading on Monday, reaching $42.89. 22,434,707 shares of the company traded hands, compared to its average volume of 21,530,000. The stock has a market capitalization of $200,460.00, a PE ratio of 20.23, a P/E/G ratio of 1.84 and a beta of 1.00. Comcast has a 52-week low of $34.78 and a 52-week high of $42.92. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.06.
Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, October 26th. The cable giant reported $0.52 earnings per share (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 analysts’ expectations of $21.05 billion. Comcast had a net margin of 11.99% and a return on equity of 17.17%. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.92 earnings per share. equities research analysts predict that Comcast will post 2.05 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 3rd will be issued a dividend of $0.157 per share. The ex-dividend date of this dividend is Tuesday, January 2nd. This represents a $0.63 annualized dividend and a yield of 1.46%. Comcast’s dividend payout ratio is currently 29.72%.
A number of equities analysts recently commented on CMCSA shares. Barclays lowered their target price on shares of Comcast from $44.00 to $41.00 and set an “overweight” rating for the company in a research note on Friday, October 27th. Nomura reiterated a “neutral” rating and set a $42.00 target price (down previously from $45.00) on shares of Comcast in a research note on Thursday. Buckingham Research boosted their target price on shares of Comcast from $48.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, January 8th. BidaskClub upgraded shares of Comcast from a “strong sell” rating to a “sell” rating in a research note on Tuesday, December 5th. Finally, Instinet downgraded shares of Comcast from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $42.00 to $45.00 in a research note on Thursday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twenty-five have issued a buy rating to the company’s stock. Comcast presently has a consensus rating of “Buy” and a consensus price target of $46.83.
In other Comcast news, Chairman Brian L. Roberts sold 583,835 shares of the stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $38.67, for a total value of $22,576,899.45. Following the completion of the transaction, the chairman now directly owns 1,711,798 shares of the company’s stock, valued at $66,195,228.66. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Arthur R. Block sold 3,937 shares of the stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $40.62, for a total transaction of $159,920.94. Following the completion of the transaction, the executive vice president now directly owns 65,946 shares of the company’s stock, valued at $2,678,726.52. The disclosure for this sale can be found here. Insiders have sold 593,402 shares of company stock valued at $22,961,401 over the last three months. 1.28% of the stock is currently owned by corporate insiders.
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Comcast Company Profile
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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