Comcast Corporation (NASDAQ:CMCSA) shares traded 2.06% during the most recent session the stock exchanged hands 34,528,500 shares versus average trading capacity of 15.98M shares, yielding a market cap of $192.00B. Wall Street analysts covering the stock are projecting that the stock will reach $42.55 within the next 52-weeks. The mean target projections are based on 28 opinions, the mean target was last revised on 04/27/17.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Comcast Corporation (NASDAQ:CMCSA) high price target of $48.00 and with a conservative view have low price target of $39.00 with a standard deviation of $2.85. If seeing target price from optimistic overview then it has a 21 percent upside potential from the latest closing price of $39.59.
Comcast Corporation (NASDAQ:CMCSA) received “Reiterated” rating by Telsey Advisory Group in a research note issued to investors on Apr-28-17 as Outperform from $44 to $47.
Additionally on Feb-22-17 Comcast Corporation (NASDAQ:CMCSA) was “Reiterated” by Barclays as Overweight from $79 to $40 and on Jan-31-17 the stock was “Reiterated” by RBC Capital Mkts as Outperform from $72 to $80. Furthermore on Jan-27-17 the stock was “Downgrade” by Pacific Crest from Overweight to Sector Weight.
On the other hand the company has Relative Strength Index (RSI 14) of 74.12 along with Average True Range (ATR 14) of 0.62, Consequently Comcast Corporation (NASDAQ:CMCSA)’s weekly and monthly volatility is 1.87%, 1.49% respectively. The company’s beta value is at 1.03.
In terms of Buy, Sell or Hold recommendations, Comcast Corporation (NASDAQ:CMCSA) has an analysts’ mean recommendation of 1.80. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Previously Comcast Corporation (NASDAQ:CMCSA) reported $0.53 earnings per share (EPS) for the quarter on 4/27/2017 Before Market Open, beating the consensus estimate of $0.44 by $0.09. The company posted an earnings surprise of 20.45%.
While considering growth estimates of the company, it has next quarter growth estimates of 11.90%. Past 5 years growth of Comcast Corporation (NASDAQ:CMCSA) observed at 15.73%, looking forward for the next 5 years it has a strong prediction of 11.74% over growth.
Comcast Corporation (NASDAQ:CMCSA)’s revenue estimates for the current quarter are $20.12B according to 24 number of analysts, for the current quarter the company has high revenue estimates of $20.37B in contradiction of low revenue estimates of $19.89B. For the current year the company’s revenue estimates are $84.05B compared to low analyst estimates of $82.53B and high estimates of $85.18B according 29 number of analysts.
Currently Comcast Corporation (NASDAQ:CMCSA)’s shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 85.30%. However the six-month change in the insider ownership was recorded -6.87%, as well as three-month change in the institutional ownership was recorded -0.03%.
Comcast Corporation (NASDAQ:CMCSA) hit its 52-week high on 04/27/17, and 52-week low on 05/19/16. The company’s trailing twelve month income is 8.70B dollars and is paying 1.59% dividend yield annually.
Comcast Corporation (NASDAQ:CMCSA)’s trailing twelve month revenues are $80.40B, whereas its price to sales ratio for the same period is 2.31. Its book value per share for the most recent quarter is $12.13 while its price to book ratio for the same period is 3.26. The stock has a current PEG ratio of 1.85 where as its trailing twelve month P/E ratio is 21.76.