Comcast Corporation (NASDAQ:CMCSA) went down by -0.44% from its latest closing price compared to the recent 1-year high of $58.58. The company’s stock price has collected 3.24% of gains in the last five trading sessions. MarketWatch.com reported 7 hours ago that What’s worth streaming in May 2021? There’s almost too much to choose from
Is It Worth Investing in Comcast Corporation (NASDAQ :CMCSA) Right Now?
Comcast Corporation (NASDAQ:CMCSA) scored a price-to-earnings ratio above its average ratio, recording 24.66 x from its present earnings ratio. Plus, the 36-month beta value for CMCSA is at 1.04. Opinions of the stock are interesting as 23 analysts out of 32 who provided ratings for Comcast Corporation declared the stock was a “buy,” while 4 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $63.73, which is $5.57 above the current price. CMCSA currently public float of 4.55B and currently shorts hold a 1.57% ratio of that float. Today, the average trading volume of CMCSA was 17.35M shares.
CMCSA’s Market Performance
CMCSA stocks went up by 3.24% for the week, with a monthly jump of 3.77% and a quarterly performance of 13.27%, while its annual performance rate touched 49.22%. The volatility ratio for the week stands at 1.69% while the volatility levels for the past 30 days are set at 1.58% for Comcast Corporation. The simple moving average for the period of the last 20 days is 3.26% for CMCSA stocks with a simple moving average of 14.61% for the last 200 days.
Analysts’ Opinion of CMCSA
Many brokerage firms have already submitted their reports for CMCSA stocks, with Oppenheimer repeating the rating for CMCSA by listing it as a “Outperform.” The predicted price for CMCSA in the upcoming period, according to Oppenheimer is $75 based on the research report published on April 30th of the current year 2021.
Raymond James, on the other hand, stated in their research note that they expect to see CMCSA reach a price target of $61. The rating they have provided for CMCSA stocks is “Outperform” according to the report published on April 16th, 2021.
Wells Fargo gave a rating of “Underweight” to CMCSA, setting the target price at $48 in the report published on March 17th of the current year.
CMCSA Trading at 2.51% from the 50-Day Moving Average
After a stumble in the market that brought CMCSA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.16% of loss for the given period.
Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.69%, as shares surge +2.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.83% upper at present.
During the last 5 trading sessions, CMCSA rose by +3.24%, which changed the moving average for the period of 200-days by +33.82% in comparison to the 20-day moving average, which settled at $54.44. In addition, Comcast Corporation saw 7.16% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CMCSA starting from ROBERTS BRIAN L, who sale 709,673 shares at the price of $55.20 back on Apr 30. After this action, ROBERTS BRIAN L now owns 7,404,817 shares of Comcast Corporation, valued at $39,173,950 using the latest closing price.
Montiel Maritza Gomez, the Director of Comcast Corporation, sale 6,000 shares at $54.24 during a trade that took place back on Mar 04, which means that Montiel Maritza Gomez is holding 6,207 shares at $325,413 based on the most recent closing price.
Stock Fundamentals for CMCSA
Current profitability levels for the company are sitting at:
- +17.12 for the present operating margin
- +55.37 for the gross margin
The net margin for Comcast Corporation stands at +10.17. The total capital return value is set at 8.84, while invested capital returns managed to touch 5.44. Equity return is now at value 13.30, with 4.30 for asset returns.
Based on Comcast Corporation (CMCSA), the company’s capital structure generated 125.53 points at debt to equity in total, while total debt to capital is 55.66. Total debt to assets is 41.40, with long-term debt to equity ratio resting at 121.26. Finally, the long-term debt to capital ratio is 53.76.
When we switch over and look at the enterprise to sales, we see a ratio of 3.35, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 9.10 and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.