On Friday, Comcast Corp (NASDAQ: CMCSA) opened lower -0.37% from the last session, before settling in for the closing price of $37.58. Price fluctuations for CMCSA have ranged from $36.43 to $47.46 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 5.43%. Company’s average yearly earnings per share was noted 6.29% at the time writing. With a float of $3.89 billion, this company’s outstanding shares have now reached $3.97 billion.
Let’s determine the extent of company efficiency that accounts for 186000 employees.
Comcast Corp (CMCSA) Insider Activity
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Comcast Corp is 0.96%, while institutional ownership is 85.96%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 6.29% 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
Check out the current performance indicators for Comcast Corp (CMCSA). In the past quarter, the stock posted a quick ratio of 0.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.20. Likewise, its price to free cash flow for the trailing twelve months is 8.69.
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)
Looking closely at Comcast Corp (NASDAQ: CMCSA), its last 5-days average volume was 15.96 million, which is a drop from its year-to-date volume of 20.19 million. As of the previous 9 days, the stock’s Stochastic %D was 10.04%. Additionally, its Average True Range was 0.74.
During the past 100 days, Comcast Corp’s (CMCSA) raw stochastic average was set at 9.46%, which indicates a significant increase from 6.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.22% in the past 14 days, which was lower than the 22.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.11, while its 200-day Moving Average is $42.25. However, in the short run, Comcast Corp’s stock first resistance to watch stands at $37.66. Second resistance stands at $37.88. The third major resistance level sits at $38.08. If the price goes on to break the first support level at $37.24, it is likely to go to the next support level at $37.04. Should the price break the second support level, the third support level stands at $36.82.
Comcast Corp (NASDAQ: CMCSA) Key Stats
There are currently 3,923,626K shares outstanding in the company with a market cap of 146.90 billion. Presently, the company’s annual sales total 121,572 M according to its annual income of 15,389 M. Last quarter, the company’s sales amounted to 30,058 M and its income totaled 3,856 M.
