Comcast Corp (CMCSA) with a beta value of 1.00 appears to be a promising investment opportunity.

Comcast Corp (NASDAQ: CMCSA) kicked off On Monday, down -1.12% from the previous trading day, before settling in for the closing price of $40.03. Over the past 52 weeks, CMCSA has traded in a range of $36.43-$47.46.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 5.43%. While this was happening, its average annual earnings per share was recorded 6.39%. With a float of $3.89 billion, this company’s outstanding shares have now reached $3.97 billion.

Considering the fact that the conglomerate employs 186000 people, you should pay attention to its efficiency factor.

Comcast Corp (CMCSA) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Comcast Corp is 0.95%, while institutional ownership is 85.92%. The most recent insider transaction that took place on May 22 ’24, was worth 10,145,821. In this transaction 10% Owner of this company sold 3,176,923 shares at a rate of $3.19, taking the stock ownership to the 2,000,000 shares. Before that another transaction happened on Jan 29 ’24, when Company’s President sold 114,749 for $46.10, making the entire transaction worth $5,290,193. This insider now owns 0 shares in total.

Comcast Corp (CMCSA) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 6.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.66% during the next five years compared to 7.96% growth over the previous five years of trading.

Comcast Corp (NASDAQ: CMCSA) Trading Performance Indicators

Take a look at Comcast Corp’s (CMCSA) current performance indicators. Last quarter, stock had a quick ratio of 0.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.27. Likewise, its price to free cash flow for the trailing twelve months is 9.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.77, a number that is poised to hit 1.13 in the next quarter and is forecasted to reach 4.52 in one year’s time.

Technical Analysis of Comcast Corp (CMCSA)

Compared to the last year’s volume of 20.56 million, its volume of 21.28 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.40%. Additionally, its Average True Range was 0.83.

During the past 100 days, Comcast Corp’s (CMCSA) raw stochastic average was set at 29.49%, which indicates a significant decrease from 77.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.36% in the past 14 days, which was lower than the 22.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $39.80, while its 200-day Moving Average is $42.58. Nevertheless, the first resistance level for the watch stands at $40.01 in the near term. At $40.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $40.80. If the price goes on to break the first support level at $39.22, it is likely to go to the next support level at $38.85. Now, if the price goes above the second support level, the third support stands at $38.43.

Comcast Corp (NASDAQ: CMCSA) Key Stats

The company with the Market Capitalisation of 155.30 billion has total of 3,923,626K Shares Outstanding. Its annual sales at the moment are 121,572 M in contrast with the sum of 15,389 M annual income. Company’s last quarter sales were recorded 30,058 M and last quarter income was 3,856 M.