Comcast Corporation (CMCSA) 20 Days SMA touches -3.50%: The odds favor the bear

On August 04, 2022, Comcast Corporation (NASDAQ: CMCSA) opened at $38.58, higher 1.17% from the last session. During the day, the shares moved up to $39.22 and dropped to $38.36 before settling in for the closing price of $38.48. Price fluctuations for CMCSA have ranged from $36.57 to $61.80 over the past 52 weeks.


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Communication Services Sector giant saw their annual sales surged by 7.60% over the last five years. Company’s average yearly earnings per share was noted 33.50% at the time writing. With a float of $4.44 billion, this company’s outstanding shares have now reached $4.46 billion.

The firm has a total of 189000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +55.10, operating margin of +17.89, and the pretax margin is +16.41.

Comcast Corporation (CMCSA) Insider Activity

A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. The insider ownership of Comcast Corporation is 0.10%, while institutional ownership is 85.30%. The most recent insider transaction that took place on May 27, was worth 397,340. In this transaction EVP & Chief Accounting Officer of this company sold 8,929 shares at a rate of $44.50, taking the stock ownership to the 1,817 shares. Before that another transaction happened on Mar 11, when Company’s CEO – Comcast Cable sold 65,410 for $45.69, making the entire transaction worth $2,988,452. This insider now owns 597,425 shares in total.

Comcast Corporation (CMCSA) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $1.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.91) by $0.1. This company achieved a net margin of +12.17 while generating a return on equity of 15.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 33.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.47% during the next five years compared to 11.30% growth over the previous five years of trading.

Comcast Corporation (NASDAQ: CMCSA) Trading Performance Indicators

Check out the current performance indicators for Comcast Corporation (CMCSA). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.66. Likewise, its price to free cash flow for the trailing twelve months is 15.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.06, a number that is poised to hit 0.91 in the next quarter and is forecasted to reach 3.91 in one year’s time.

Technical Analysis of Comcast Corporation (CMCSA)

Analysing the last 5-days average volume posted by the [Comcast Corporation, CMCSA], we can find that recorded value of 30.77 million was better than the volume posted last year of 23.65 million. As of the previous 9 days, the stock’s Stochastic %D was 25.08%. Additionally, its Average True Range was 1.19.

During the past 100 days, Comcast Corporation’s (CMCSA) raw stochastic average was set at 19.90%, which indicates a significant decrease from 33.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.39% in the past 14 days, which was higher than the 32.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $40.75, while its 200-day Moving Average is $46.44. Now, the first resistance to watch is $39.31. This is followed by the second major resistance level at $39.70. The third major resistance level sits at $40.17. If the price goes on to break the first support level at $38.45, it is likely to go to the next support level at $37.98. Should the price break the second support level, the third support level stands at $37.59.

Comcast Corporation (NASDAQ: CMCSA) Key Stats

There are currently 4,533,230K shares outstanding in the company with a market cap of 201.60 billion. Presently, the company’s annual sales total 116,385 M according to its annual income of 14,158 M. Last quarter, the company’s sales amounted to 30,016 M and its income totaled 3,396 M.

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