Comcast Corp (CMCSA) 20 Days SMA touches 0.77%: The odds favor the bear

On Monday, Comcast Corp (NASDAQ: CMCSA) was 0.29% up from the session before settling in for the closing price of $35.01. A 52-week range for CMCSA has been $31.44 – $45.31.

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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 2.58%. When this article was written, the company’s average yearly earnings per share was at -0.90%. With a float of $3.70 billion, this company’s outstanding shares have now reached $3.73 billion.

Considering the fact that the conglomerate employs 182000 people, you should pay attention to its efficiency factor. 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 Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Comcast Corp stocks. The insider ownership of Comcast Corp is 1.00%, while institutional ownership is 86.28%. 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

According to the Wall Street analysts, stocks earnings will be around -0.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.18% during the next five years compared to 7.90% growth over the previous five years of trading.

Comcast Corp (NASDAQ: CMCSA) Trading Performance Indicators

You can see what Comcast Corp (CMCSA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.06. Likewise, its price to free cash flow for the trailing twelve months is 8.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.07, a number that is poised to hit 1.17 in the next quarter and is forecasted to reach 4.65 in one year’s time.

Technical Analysis of Comcast Corp (CMCSA)

Compared to the last year’s volume of 25.46 million, its volume of 18.0 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 63.34%. Additionally, its Average True Range was 0.65.

During the past 100 days, Comcast Corp’s (CMCSA) raw stochastic average was set at 52.73%, which indicates a significant decrease from 66.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.74% in the past 14 days, which was lower than the 32.70% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.43, while its 200-day Moving Average is $37.85. Nevertheless, the first resistance level for the watch stands at $35.48 in the near term. At $35.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.20. If the price goes on to break the first support level at $34.76, it is likely to go to the next support level at $34.40. Should the price break the second support level, the third support level stands at $34.03.

Comcast Corp (NASDAQ: CMCSA) Key Stats

There are 3,733,704K outstanding shares of the company, which has a market capitalization of 131.09 billion. As of now, sales total 123,731 M while income totals 16,192 M. Its latest quarter income was 29,887 M while its last quarter net income were 3,375 M.

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