Are Analysts Bearish Comcast Corporation (NASDAQ:CMCSA) After Last Week?


Moreover, Lansdowne Partners (Uk) Llp has 12.62% invested in the company for 26.22 million shares. EVP in the company, Smit Neil, on Friday July 29, 2016 collected $2,000,170 from the sale of 29,475 shares at a per-share price of $67.26.

United States of America based company, Comcast Corporation’s (CMCSA)’s latest closing price distance was 9.30% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 1.03% and -1.60% compared with the 20 Day Moving Average. Stock value has moved between $49.1 – 68.34 in last one year. “0” said as “SELL” recommendations and “0” suggested “UNDERWEIGHT” rating. Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). Comcast has been the topic of 24 analyst reports since August 26, 2015 according to StockzIntelligence Inc. The dividend stock is -3.03% off a 52-week high stock price of US$68.36 but is up 34.91% since hitting the US$50. Roberts Brian L offloaded 304,109 shares in the company at a per-share price of $67.26 and ended up generating $20,454,370 in proceeds. Also, Director Kenneth J. Bacon sold 2,500 shares of the company’s stock in a transaction on Thursday, June 16th.

Selling, general and administrative expense of $200 million raised 2% contrast to previous year and improved 20 basis points as a rate to revenue to 24.3%. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 20.16. The equity has gained steam in recent weeks, with shares up about 7.79% in the past three months.

During last 5 trades the stock sticks nearly -1.81%. CMCSA EPS growth this year and EPS growth next year is 1.40%, 10.36% respectively. The reported earnings topped the analyst’s consensus by $0.04 with the surprise factor of 16.00%. Revenue for the same quarter is predicted to arrive at $21.09B. The company’s revenue for the quarter was up 2.8% compared to the same quarter past year.

The high and low long-term growth (LTG) estimate for a period of 3 to 5 years for both earnings and sales are $17 and $3 respectively.

Company latest quarter ended on 30 Jun 2016, company announced earnings of $0.83. This represents a $1.10 annualized dividend and a yield of 1.66%. The service will use DOCSIS 3.1 technology to deliver these speeds over the company’s existing network infrastructure. The Company’s primary businesses include Comcast Cable and NBCUniversal. The positive trend in dividend payments is noteworthy since only some companies in the Communications Services industry pay a dividend. Cable Networks consists primarily of its national cable networks, regional sports and news networks, global cable networks, and its cable television production operations.

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