Comcast Corp (NASDAQ: CMCSA) kicked off on Tuesday, up 1.97% from the previous trading day, before settling in for the closing price of $29.41. Over the past 52 weeks, CMCSA has traded in a range of $29.39-$45.31.
It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 7.90%. While this was happening, its average annual earnings per share was recorded -1.38%. With a float of $3.66 billion, this company’s outstanding shares have now reached $3.69 billion.
Comcast Corp (CMCSA) Insider Updates
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 0.94%, while institutional ownership is 85.68%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.12 earnings per share (EPS), higher than consensus estimate (set at 1.06) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.95% 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 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.89. Likewise, its price to free cash flow for the trailing twelve months is 5.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.06, a number that is poised to hit 1.10 in the next quarter and is forecasted to reach 4.47 in one year’s time.
