Comcast Corp (NASDAQ: CMCSA) on Monday, soared 1.37% from the previous trading day, before settling in for the closing price of $34.25. Within the past 52 weeks, CMCSA’s price has moved between $31.44 and $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
A company in the Communication Services sector has jumped its sales by 2.73% annually for the last half of the decade. The company achieved an average annual earnings per share of -0.89%. With a float of $3.70 billion, this company’s outstanding shares have now reached $3.73 billion.
In an organization with 182000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 64.36%, operating margin of 18.73%, and the pretax margin is 14.62%.
Comcast Corp (CMCSA) Insider Updates
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Comcast Corp is 0.99%, while institutional ownership is 87.25%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -0.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.20% during the next five years compared to 7.90% 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 0.65 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 1.05. Likewise, its price to free cash flow for the trailing twelve months is 7.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.07, a number that is poised to hit 1.18 in the next quarter and is forecasted to reach 4.65 in one year’s time.
Technical Analysis of Comcast Corp (CMCSA)
Let’s dig in a bit further. During the last 5-days, its volume was 23.31 million. That was inferior than the volume of 27.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 64.89%. Additionally, its Average True Range was 0.90.
During the past 100 days, Comcast Corp’s (CMCSA) raw stochastic average was set at 39.49%, which indicates a significant decrease from 82.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.12% in the past 14 days, which was lower than the 32.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.09, while its 200-day Moving Average is $38.43. However, in the short run, Comcast Corp’s stock first resistance to watch stands at $35.24. Second resistance stands at $35.76. The third major resistance level sits at $36.12. If the price goes on to break the first support level at $34.37, it is likely to go to the next support level at $34.01. Assuming the price breaks the second support level, the third support level stands at $33.49.
Comcast Corp (NASDAQ: CMCSA) Key Stats
Market capitalization of the company is 129.63 billion based on 3,733,704K outstanding shares. Right now, sales total 123,731 M and income totals 16,192 M. The company made 29,887 M in profit during its latest quarter, and 3,375 M in sales during its previous quarter.
