Comcast Corporation (NASDAQ:CMCSA) Given Average Rating of “Hold” by Brokerages

Shares of Comcast Corporation (NASDAQ:CMCSAGet Free Report) have been given an average rating of “Hold” by the twenty-nine analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $34.9018.

CMCSA has been the topic of several recent analyst reports. Zacks Research raised shares of Comcast from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. Royal Bank Of Canada cut their price target on shares of Comcast from $32.00 to $31.00 and set a “sector perform” rating on the stock in a report on Friday, January 16th. The Goldman Sachs Group restated a “neutral” rating and issued a $30.00 price objective (down from $39.00) on shares of Comcast in a report on Friday, October 31st. Moffett Nathanson cut their target price on Comcast from $58.00 to $53.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. Finally, Arete Research set a $23.00 price target on Comcast in a research note on Tuesday, January 6th.

Get Our Latest Stock Analysis on CMCSA

Key Stories Impacting Comcast

Here are the key news stories impacting Comcast this week:

  • Positive Sentiment: Comcast booked an estimated $800M in Super Bowl advertising revenue, a near-term revenue boost for its advertising and distribution businesses. Read More.
  • Positive Sentiment: Company highlights renewed rural broadband buildouts — a growth/capex narrative that could expand subscriber reach and long-term broadband revenue. Read More.
  • Positive Sentiment: PR push: a new Universal Theme Parks exhibition (in partnership with Comcast NBCUniversal) raises brand visibility and drives content/IP monetization opportunities. Read More.
  • Positive Sentiment: Local network expansion: Comcast is adding footprint in the Lehigh Valley — incremental subscriber growth and service penetration in targeted markets. Read More.
  • Neutral Sentiment: Market interest: Zacks notes Comcast is among the most-searched stocks recently, reflecting high investor attention but not a directional signal by itself. Read More.
  • Neutral Sentiment: Momentum note: coverage flagged Comcast was on track for multi-day gains recently — useful context for traders but not a fundamental driver. Read More.
  • Neutral Sentiment: Short-interest reporting appears to contain errors (reports show 0 shares and NaN changes), so current short-interest metrics are unreliable and should be treated with caution. (No reliable link available)
  • Negative Sentiment: Insider sale: CEO Michael Cavanagh sold 57,947 shares (~8.5% reduction in his stake) at ~$32.66 per share; SEC filing may weigh on sentiment since large insider sales can signal liquidity needs or prompt investor caution. Read More.

Insider Transactions at Comcast

In other Comcast news, CEO Michael J. Cavanagh sold 57,947 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $32.66, for a total transaction of $1,892,549.02. Following the completion of the sale, the chief executive officer directly owned 622,336 shares in the company, valued at $20,325,493.76. The trade was a 8.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.32% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Capital A Wealth Management LLC boosted its stake in Comcast by 173.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 687 shares of the cable giant’s stock worth $25,000 after purchasing an additional 436 shares during the period. Imprint Wealth LLC purchased a new position in Comcast during the third quarter valued at $26,000. Avalon Trust Co increased its holdings in Comcast by 433.3% in the 2nd quarter. Avalon Trust Co now owns 768 shares of the cable giant’s stock valued at $27,000 after acquiring an additional 624 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Comcast during the 4th quarter valued at about $27,000. Finally, United Financial Planning Group LLC purchased a new position in shares of Comcast during the third quarter valued at about $28,000. 84.32% of the stock is currently owned by institutional investors.

Comcast Price Performance

Shares of CMCSA opened at $31.57 on Monday. The firm’s 50-day simple moving average is $29.28 and its two-hundred day simple moving average is $30.11. Comcast has a fifty-two week low of $25.75 and a fifty-two week high of $37.97. The stock has a market cap of $115.04 billion, a PE ratio of 5.88, a price-to-earnings-growth ratio of 2.43 and a beta of 0.81. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88.

Comcast (NASDAQ:CMCSAGet Free Report) last posted its quarterly earnings data on Thursday, January 29th. The cable giant reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.09. Comcast had a return on equity of 16.86% and a net margin of 16.17%.The company had revenue of $32.31 billion during the quarter, compared to analyst estimates of $32.35 billion. During the same quarter last year, the company earned $0.96 EPS. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. Analysts anticipate that Comcast will post 4.33 earnings per share for the current fiscal year.

Comcast Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 1st will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Wednesday, April 1st. Comcast’s dividend payout ratio is 24.58%.

About Comcast

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Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.

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Analyst Recommendations for Comcast (NASDAQ:CMCSA)

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