In yesterday’s Wall Street session, Comcast Corp (NASDAQ:CMCSA) shares traded at $34.47, up 0.29% from the previous session.
CMCSA stock price is now -9.23% away from the 50-day moving average and -12.75% away from the 200-day moving average. The market capitalization of the company currently stands at $130.33B.
With the price target maintained at $44.50, Scotiabank recently Downgraded its rating from Sector Outperform to Sector Perform for Comcast Corp (NASDAQ: CMCSA). On January 31, 2025, Exane BNP Paribas Upgraded its previous ‘Underperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $35, while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, ROBERTS BRIAN L, Chairman of Board & CEO sold 235,051 shares of the company’s stock on Nov 27 ’24. The stock was sold for $10,061,170 at an average price of $42.80. Upon completion of the transaction, the Chairman of Board & CEO now directly owns 6,434,877 shares in the company, valued at $221.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 26 ’24, Chairman of Board & CEO ROBERTS BRIAN L sold 234,464 shares of the business’s stock. A total of $10,002,633 was realized by selling the stock at an average price of $42.66. This leaves the insider owning 6,669,928 shares of the company worth $229.91 million. A total of 1.49% of the company’s stock is owned by insiders.
During the past 12 months, Comcast Corp has had a low of $32.50 and a high of $45.31. As of last week, the company has a debt-to-equity ratio of 1.23, a current ratio of 0.68, and a quick ratio of 0.68. According to the stock market information, the enterprise value for the company is $236277530624, which is based on a 8.31 price-to-earnings ratio, a 1.23 price-to-earnings-growth ratio, and a beta of 1.02. The fifty day moving average price for CMCSA is $38.151 and a two-hundred day moving average price translates $39.5348 for the stock.
The latest earnings results from Comcast Corp (NASDAQ: CMCSA) was released for 2024-09-30. The net profit margin was 13.09% and return on equity was 19.24% for CMCSA. The company reported revenue of $32.07 billion for the quarter, compared to $30.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.49 percent. For the current quarter, analysts expect CMCSA to generate $29.84B in revenue.
