Lower Price Target Estimates: Comcast Corporation's (CMCSA)

Brokerage houses, on average, are recommending investors to buy Comcast Corporation (CMCSA)'s shares projecting a $42.39 target price.

A number of analysts have issued reports on CMCSA shares. Qci Asset Mgmt Inc has invested 0.04% in Comcast Corporation (NASDAQ:CMCSA). Delta Asset Management LLC TN now owns 373,209 shares of the cable giant's stock worth $24,758,000 after buying an additional 2,257 shares during the period. MEMBERS Trust Co raised its position in Comcast by 1.5% in the third quarter.

Finally, turning to earnings, Comcast Corp now has a yearly EPS of 1.78. Sunbelt Securities Inc. now owns 4,499 shares of the cable giant's stock valued at $311,000 after buying an additional 53 shares in the last quarter. Bangor Savings Bank boosted its position in shares of Comcast by 2.5% in the third quarter. Insiders own 1.27% of the company's stock. Comcast has a 1-year low of $29.81 and a 1-year high of $38.44.

Gulf International Bank Uk Ltd increased Comcastcorps (NASDAQ:CMCSA) stake by 102.53% reported in 2017Q1 SEC filing. The company's 50-day moving average price is $37.46 and its 200 day moving average price is $35.30. The company has a market cap of $177.19 billion, a P/E ratio of 20.89 and a beta of 1.07.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, January 26th. The cable giant reported $0.89 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.87 by $0.02. Currently, Comcast Corporation net profit margin for the 12 months is at 11.25%. Bearish revenue estimates established at $19.81B while the bullish revenue forecast has been figured out at $20.45B. During the same period in the prior year, the firm posted $0.81 EPS. The company's quarterly revenue was up 9.2% compared to the same quarter a year ago.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 26th. Stockholders of record on Wednesday, April 5th will be issued a $0.1575 dividend.

On 10/26/2016 Comcast announced a Quarterly dividend of $0.28 with an ex dividend date of 12/30/2016 which will be payable on 1/25/2017. Nuveen Asset Ltd Liability Corp owns 1.06M shares for 0.37% of their portfolio. Comcast's dividend payout ratio (DPR) is presently 30.81%.

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Several other equities analysts have also weighed in on CMCSA. The lowest target is GBX 1 while the high is GBX 1500. Guggenheim reissued a "neutral" rating and issued a $40.00 target price on shares of Comcast in a research report on Wednesday, March 1st. $67.89's average target is 79.37% above currents $37.85 stock price. Nevertheless, it is a common misunderstanding that a greater share price directs towards a larger company where stock price might also twist the definite worth of the organization. The stock of Comcast Corporation (NASDAQ:CMCSA) earned "Outperform" rating by Telsey Advisory Group on Friday, August 19. The consensus rating is 1.8, indicating analysts in general look favorably on the company's future prospects. Price targets frequently change, depending on the outlook for a company's earnings. Fortaleza Asset Management Inc sold 9,910 shares as Comcast Corp. Another trade for 2,500 shares valued at $175,118 was made by BACON KENNETH J on Tuesday, December 13. Karyopharm Therapeutics Inc (NDAQ:KPTI) has risen 2.34% since September 1, 2016 and is uptrending. 3,121 Comcast Corporation (NASDAQ:CMCSA) shares with value of $237,081 were sold by SALVA LAWRENCE J. Gardner Russo And Gardner Limited Liability Company reported 3.62 million shares stake. Following the completion of the transaction, the executive vice president now directly owns 62,988 shares of the company's stock, valued at approximately $2,360,160.36. The disclosure for this sale can be found here. The stock climbed 8.68 percent over the past quarter, while surged 17.22 percent over the past six months. Insiders own 1.27% of the company's stock. Comcast's forward enterprise value/ EBITDA multiple of 8.6 is 6% below the peer average, less than the average discount of 13% over the past two years. It operates through three divisions: UK and Ireland, which includes activities and activities of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and activities of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and activities of the pay television and adjacent businesses in Italy.

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