Comcast Corp (NASDAQ: CMCSA) on Monday, plunged -0.63% from the previous trading day, before settling in for the closing price of $38.22. Within the past 52 weeks, CMCSA’s price has moved between $36.43 and $47.11.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 5.43%. The company achieved an average annual earnings per share of 6.21%. With a float of $3.79 billion, this company’s outstanding shares have now reached $3.82 billion.
Let’s determine the extent of company efficiency that accounts for 186000 employees. In terms of profitability, gross margin is 63.7%, operating margin of 18.52%, and the pretax margin is 15.55%.
Comcast Corp (CMCSA) Insider Activity
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Comcast Corp is 0.94%, while institutional ownership is 84.48%. The most recent insider transaction that took place on Nov 27 ’24, was worth 10,061,170. In this transaction Chairman of Board & CEO of this company sold 235,051 shares at a rate of $42.80, taking the stock ownership to the 6,434,877 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Chairman of Board & CEO sold 234,464 for $42.66, making the entire transaction worth $10,002,633. This insider now owns 6,669,928 shares in total.
Comcast Corp (CMCSA) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.43% during the next five years compared to 7.96% growth over the previous five years of trading.
Comcast Corp (NASDAQ: CMCSA) Trading Performance Indicators
Comcast Corp (CMCSA) is currently performing well based on its current performance indicators. A quick ratio of 0.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 10.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.71, a number that is poised to hit 0.86 in the next quarter and is forecasted to reach 4.40 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 28.24 million, which is a jump from its year-to-date volume of 19.82 million. As of the previous 9 days, the stock’s Stochastic %D was 18.99%. Additionally, its Average True Range was 0.93.
During the past 100 days, Comcast Corp’s (CMCSA) raw stochastic average was set at 9.06%, which indicates a significant decrease from 12.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.12% in the past 14 days, which was higher than the 26.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.93, while its 200-day Moving Average is $40.30. However, in the short run, Comcast Corp’s stock first resistance to watch stands at $38.24. Second resistance stands at $38.49. The third major resistance level sits at $38.78. If the price goes on to break the first support level at $37.70, it is likely to go to the next support level at $37.41. Should the price break the second support level, the third support level stands at $37.16.
Comcast Corp (NASDAQ: CMCSA) Key Stats
Market capitalization of the company is 148.52 billion based on 3,826,540K outstanding shares. Right now, sales total 121,572 M and income totals 15,389 M. The company made 32,070 M in profit during its latest quarter, and 3,629 M in sales during its previous quarter.
