Somewhat Favorable News Coverage Somewhat Unlikely to Impact Comcast (CMCSA) Share Price

Media coverage about Comcast (NASDAQ:CMCSA) has been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Comcast earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave headlines about the cable giant an impact score of 47.1131945710185 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have impacted Accern’s rankings:

Several analysts have issued reports on CMCSA shares. ValuEngine cut shares of Comcast from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Pivotal Research increased their target price on shares of Comcast from $48.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Moffett Nathanson upgraded shares of Comcast from a “neutral” rating to a “buy” rating and set a $45.00 target price on the stock in a research note on Tuesday, September 12th. They noted that the move was a valuation call. Barclays lowered their target price on shares of Comcast from $44.00 to $41.00 and set an “overweight” rating on the stock in a research note on Friday, October 27th. Finally, KeyCorp reiterated a “neutral” rating on shares of Comcast in a research note on Sunday, September 17th. One research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-seven have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $45.72.

Shares of Comcast (NASDAQ CMCSA) traded down $0.03 during trading hours on Monday, hitting $40.78. 13,483,046 shares of the stock were exchanged, compared to its average volume of 20,511,994. The company has a market cap of $190,736.59, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01. Comcast has a 1 year low of $34.12 and a 1 year high of $42.18. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.06.

Comcast (NASDAQ:CMCSA) last released its earnings results on Thursday, October 26th. The cable giant reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.03. Comcast had a net margin of 11.99% and a return on equity of 17.17%. The company had revenue of $20.98 billion for the quarter, compared to analyst estimates of $21.05 billion. During the same quarter last year, the firm earned $0.92 EPS. The firm’s quarterly revenue was down 1.6% compared to the same quarter last year. research analysts forecast that Comcast will post 2.05 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 3rd will be issued a dividend of $0.157 per share. This represents a $0.63 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Tuesday, January 2nd. Comcast’s dividend payout ratio is currently 30.36%.

In other Comcast news, EVP Arthur R. Block sold 5,630 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $39.89, for a total value of $224,580.70. Following the sale, the executive vice president now owns 71,664 shares of the company’s stock, valued at approximately $2,858,676.96. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Arthur R. Block sold 4,091 shares of the firm’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $38.36, for a total transaction of $156,930.76. Following the completion of the sale, the executive vice president now directly owns 68,478 shares in the company, valued at approximately $2,626,816.08. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 593,556 shares of company stock worth $22,958,411. 1.28% of the stock is owned by insiders.

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Comcast Company Profile

Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

Insider Buying and Selling by Quarter for Comcast (NASDAQ:CMCSA)

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