After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that New Data Shows Nearly 90% of Michigan Jobs Require Digital Skills, One-Third of Workers Currently Have Low or No Digital Skills.
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Stocks Info
As a NASDAQ listed company, CMCSA falls under the Communication Services sector while operating within the Telecom Services industry segment. At the end of the last regular session, the stock closed at $43.95 and fluctuated between $44.16 as its day high and $43.42 as its day low. The current market capitalization of Comcast Corp is $176.90B. A total of 15.71 million shares were traded on the day, compared to an average of 18.77M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CMCSA has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 892,862 shares. Over the last 12 months, there were 47 BUYs and 36 SELLs from insiders. Insiders purchased 1,491,789 shares during that period but sold 2,175,935.
In the most recent transaction, Armstrong Jason sold 41,663 shares of CMCSA for 42.63 per share on Nov 20. After the transaction, the CFO now owns 14,458 company shares. In a previous transaction on Nov 14, ROBERTS BRIAN L sold 616,143 shares at 41.92 per share. CMCSA shares that Chairman of Board & CEO owns now total 16,909,517.
Among the insiders who sold shares, COMCAST CORP disposed of 37,176 shares on Feb 21 at a per-share price of $2.03. This resulted in the 10% Owner holding 19,507,693 shares of CMCSA after the transaction. In another insider transaction, COMCAST CORP sold 487,146 shares at $2.05 per share on Feb 16. Company shares held by the 10% Owner now total 19,544,869.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Comcast Corp pays an annual dividend of $1.16, resulting in a dividend yield of 2.64%, and it has a price to earnings (P/E) ratio of 12.19. CMCSA’s most recent ex-dividend date was 1/2/2024 when it declared a $0.29 quarterly dividend that was paid in cash on 1/24/2024. Previously, the company paid the dividend on 10/25/2023 with an ex-dividend date of 10/3/2023. The CMCSA stock dividend was $0.29 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CMCSA in the last 3 months, the mean price target is $50.01 with high estimates of $58.00 and low estimates of $43.00. In terms of 52-week highs and lows, CMCSA has a high of $47.46 and a low of $34.63.
As of this writing, CMCSA has an earnings estimate of $0.79 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $0.87 per share and a lower estimate of $0.75. The company reported an EPS of $1.13 in the last quarter, which was 16.50% higher than expectations of $0.97.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CMCSA’s latest balance sheet shows that the firm has $8.71B in Cash & Short Term Investments as of fiscal 2021. There were $100.02B in debt and $29.35B in liabilities at the time. Its Book Value Per Share was $20.36, while its Total Shareholder’s Equity was $98.01B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CMCSA is Buy with a score of 4.24.
