Analyst Research

Comcast Corporation (NASDAQ:CMCSA) Has 30 Percent Potential to Increase

Comcast Corporation (NASDAQ:CMCSA) shares traded -2.03% during the most recent session the stock exchanged hands 26.30M shares versus average trading capacity of 17.12M shares, yielding a market cap of $182.43B. Wall Street analysts covering the stock are projecting that the stock will reach $45.05 within the next 52-weeks. The mean target projections are based on 28 opinions, the mean target was last revised on 05/02/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Comcast Corporation (NASDAQ:CMCSA) high price target of $50.00 and with a conservative view have low price target of $41.00 with a standard deviation of $2.95. If seeing target price from optimistic overview then it has a 30 percent upside potential from the latest closing price of $38.54.

Comcast Corporation (NASDAQ:CMCSA) “Reiterated” by RBC Capital Mkts in a research note issued to investors on May-01-17 as Outperform from $40 to $45.

Additionally on Apr-28-17 Comcast Corporation (NASDAQ:CMCSA) was “Reiterated” by Telsey Advisory Group as Outperform from $44 to $47 and on Feb-22-17 the stock was “Reiterated” by Barclays as Overweight from $79 to $40. Furthermore on Jan-31-17 the stock was “Reiterated” by RBC Capital Mkts as Outperform from $72 to $80.

On the other hand the company has Relative Strength Index (RSI 14) of 55.18 along with Average True Range (ATR 14) of 0.64, Consequently Comcast Corporation (NASDAQ:CMCSA) weekly and monthly volatility is 2.07%, 1.58% respectively. The company’s beta value is at 1.03.

In terms of Buy, Sell or Hold recommendations, Comcast Corporation (NASDAQ:CMCSA) has 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.

Analysts who have weighed in on projected earnings growth are expecting that Comcast Corporation (NASDAQ:CMCSA) will report earnings of $0.48 for the current quarter, however the company’s high EPS estimates are $0.5 and low estimates are $0.42. However the company reported $0.42 earnings per share for the same quarter during last year.

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 4.30% whereas during current quarter it has 14.30% estimations over growth, comparing to the estimations of 12.60% during current year and 12.20% for next year. 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 12.02% over growth.

Comcast Corporation (NASDAQ:CMCSA) revenue estimates for the current quarter are $20.81B according to 24 number of analysts, for the current quarter the company has high revenue estimates of $21.21B in contradiction of low revenue estimates of $19.27B. For the current year the company’s revenue estimates are $84.48B compared to low analyst estimates of $82.53B and high estimates of $85.72B according 29 number of analysts.

Currently Comcast Corporation (NASDAQ:CMCSA) shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 86.10%. However the six-month change in the insider ownership was recorded -6.36%, as well as three-month change in the institutional ownership was recorded -0.03%.

Comcast Corporation (NASDAQ:CMCSA) trading -5.12% away from its 52 week high of $40.62 and +31.44% far from the stock’s low point over the past 52 weeks, which was $29.32. The stock 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 9.13B dollars and is paying 1.63% dividend yield annually.

Comcast Corporation (NASDAQ:CMCSA) trailing twelve month revenues are $82.08B, whereas its price to sales ratio for the same period is 2.25. Its book value per share for the most recent quarter is $11.39 while its price to book ratio for the same period is 3.38. The stock has a current PEG ratio of 1.66 where as its trailing twelve month P/E ratio is 20.10.

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