Comcast Corporation (NASDAQ:CMCSA) went down by -0.30% from its latest closing price compared to the recent 1-year high of $59.11. The company’s stock price has collected -0.76% of loss in the last five trading sessions. Press Release reported 15 hours ago that Comcast Advances Economic Mobility and Racial Equity in Underserved Communities Through $10 Million Investment With Inclusiv
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 22.27 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 25 analysts out of 34 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 $64.32, which is $8.01 above the current price. CMCSA currently public float of 4.55B and currently shorts hold a 1.61% ratio of that float. Today, the average trading volume of CMCSA was 17.42M shares.
CMCSA’s Market Performance
CMCSA stocks went down by -0.76% for the week, with a monthly drop of -2.17% and a quarterly performance of -1.66%, while its annual performance rate touched 33.48%. The volatility ratio for the week stands at 1.31% while the volatility levels for the past 30 days are set at 1.89% for Comcast Corporation. The simple moving average for the period of the last 20 days is -0.27% for CMCSA stocks with a simple moving average of 10.70% 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 1.25% 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 -4.82% of loss for the given period.
Volatility was left at 1.89%, however, over the last 30 days, the volatility rate increased by 1.31%, as shares sank -2.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.94% upper at present.
During the last 5 trading sessions, CMCSA fell by -0.76%, which changed the moving average for the period of 200-days by +30.62% in comparison to the 20-day moving average, which settled at $56.35. In addition, Comcast Corporation saw 7.37% 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 BACON KENNETH J, who sale 4,031 shares at the price of $56.89 back on Jun 04. After this action, BACON KENNETH J now owns 29,580 shares of Comcast Corporation, valued at $229,332 using the latest closing price.
BACON KENNETH J, the Director of Comcast Corporation, sale 3,966 shares at $58.83 during a trade that took place back on May 10, which means that BACON KENNETH J is holding 33,611 shares at $233,329 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.