Comcast Corp (CMCSA) EPS growth this year is 6.82%: Get Prepared for Trading Lift Off

As on Wednesday, Comcast Corp (NASDAQ: CMCSA) started slowly as it slid -0.67% to $41.53, before settling in for the price of $41.81 at the close. Taking a more long-term approach, CMCSA posted a 52-week range of $36.38-$47.46.

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The Communication Services sector firm’s twelve-monthly sales growth has been 5.43% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 7.96%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.82%. This publicly-traded company’s shares outstanding now amounts to $3.97 billion, simultaneously with a float of $3.93 billion. The organization now has a market capitalization sitting at $164.95 billion. At the time of writing, stock’s 50-day Moving Average stood at $43.06, while the 200-day Moving Average is $43.40.

Comcast Corp (CMCSA) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Telecom Services industry. Comcast Corp’s current insider ownership accounts for 1.00%, in contrast to 86.37% institutional ownership. According to the most recent insider trade that took place on Jan 29 ’24, this organization’s President sold 114,749 shares at the rate of 46.10, making the entire transaction reach 5,290,193 in total value, affecting insider ownership by 0. Preceding that transaction, on Nov 20 ’23, Company’s CFO sold 41,663 for 42.63, making the whole transaction’s value amount to 1,776,016. This particular insider is now the holder of 14,458 in total.

Comcast Corp (CMCSA) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.84 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.79) by $0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.15 per share during the current fiscal year.

Comcast Corp’s EPS increase for this current 12-month fiscal period is 6.82% and is forecasted to reach 4.59 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.53% through the next 5 years, which can be compared against the 7.96% growth it accomplished over the previous five years trading on the market.

Comcast Corp (NASDAQ: CMCSA) Trading Performance Indicators

Let’s observe the current performance indicators for Comcast Corp (CMCSA). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 0.79. Alongside those numbers, its PE Ratio stands at $11.20, and its Beta score is 0.97. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.36. Similarly, its price to free cash flow for trailing twelve months is now 10.15.

In the same vein, CMCSA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.71, a figure that is expected to reach 1.00 in the next quarter, and analysts are predicting that it will be 4.59 at the market close of one year from today.

Technical Analysis of Comcast Corp (CMCSA)

Through scrutinizing the latest numbers posted by the [Comcast Corp, CMCSA], it can be observed that its last 5-days Average volume of 17.84 million was lower the volume of 20.18 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 13.44% While, its Average True Range was 0.77.

Raw Stochastic average of Comcast Corp (CMCSA) in the period of the previous 100 days is set at 13.07%, which indicates a major rise in contrast to 5.50% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 14.32% that was lower than 20.77% volatility it exhibited in the past 100-days period.