Comcast Corp (CMCSA) is 2.74% away from 50-day simple Moving Average despite all headwinds

Comcast Corp (NASDAQ: CMCSA) kicked off on Monday, up 0.76% from the previous trading day, before settling in for the closing price of $36.62. Over the past 52 weeks, CMCSA has traded in a range of $32.50-$45.31.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 2.73%. While this was happening, its average annual earnings per share was recorded -0.17%. With a float of $3.74 billion, this company’s outstanding shares have now reached $3.78 billion.

The extent of productivity of a business whose workforce counts for 182000 workers is very important to gauge. In terms of profitability, gross margin is 64.08%, operating margin of 18.83%, and the pretax margin is 15.09%.

Comcast Corp (CMCSA) Insider and Institutional Ownership

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 0.98%, while institutional ownership is 85.83%. 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) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -0.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.89% during the next five years compared to 7.90% 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 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.13. Likewise, its price to free cash flow for the trailing twelve months is 9.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.15, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 4.81 in one year’s time.

Technical Analysis of Comcast Corp (CMCSA)

The latest stats from [Comcast Corp, CMCSA] show that its last 5-days average volume of 25.27 million was inferior to 27.49 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 63.35%. Additionally, its Average True Range was 0.81.

During the past 100 days, Comcast Corp’s (CMCSA) raw stochastic average was set at 34.59%, which indicates a significant decrease from 73.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.20% in the past 14 days, which was lower than the 32.81% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $35.92, while its 200-day Moving Average is $39.02. Now, the first resistance to watch is $37.17. This is followed by the second major resistance level at $37.45. The third major resistance level sits at $37.86. If the price goes on to break the first support level at $36.49, it is likely to go to the next support level at $36.08. The third support level lies at $35.80 if the price breaches the second support level.

Comcast Corp (NASDAQ: CMCSA) Key Stats

The company with the Market Capitalisation of 139.52 billion has total of 3,781,023K Shares Outstanding. Its annual sales at the moment are 123,731 M in contrast with the sum of 16,192 M annual income. Company’s last quarter sales were recorded 31,915 M and last quarter income was 4,779 M.