Comcast Corporation (NASDAQ:CMCSA) has a beta of 1.05, a 12-month trailing P/E ratio of 22.85, and a growth ratio of 3.95. The stock’s Relative Strength Index (RSI) is 63.63, with weekly volatility at 2.24% and ATR at 1.33. The CMCSA stock’s 52-week price range has touched low of $31.70 and a $52.49 high. Its shares traded higher over the last trading session, gaining 0.06% on 12/02/20. The shares fell to a low of $50.81 before closing at $51.05. Intraday shares traded counted 14.44 million, which was 23.42% higher than its 30-day average trading volume of 18.85M. CMCSA’s previous close was $51.02 while the outstanding shares total 4.58B.
Investors have identified the Entertainment company Comcast Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $233.80 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Comcast Corporation (CMCSA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For CMCSA, the company has in raw cash 13.71 billion on their books with 4.43 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 27369000000 million total, with 29511000000 million as their total liabilities.
CMCSA were able to record 12.23 billion as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 8.15 billion. In cash movements, the company had a total of 19.7 billion as operating cash flow.
Potential earnings growth for Comcast Corporation (CMCSA)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Comcast Corporation recorded a total of 25.53 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -5.07% coming in sequential stages and their sales for the third quarter increasing by 7.12%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 16.62 billion trying to sell their products during the last quarter, with the result yielding a gross income of 8.91 billion. This allows shareholders to hold on to 4.58B with the revenue now reading 0.44 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.51 cents a share).
Having a look at the company’s valuation, the company is expected to record 3.13 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CMCSA sounds very interesting.
Is the stock of CMCSA attractive?
In related news, SVP & Chief Accounting Officer, Murdock Daniel C. sold 848 shares of the company’s stock in a transaction that recorded on Aug 24. The sale was performed at an average price of 42.87, for a total value of 36,354. As the sale deal closes, the CEO – NBCUniversal, SHELL JEFF now sold 99,484 shares of the company’s stock, valued at 4,268,560. Also, SVP & Chief Accounting Officer, Murdock Daniel C. sold 4,536 shares of the company’s stock in a deal that was recorded on Jun 15. The shares were price at an average price of 38.60 per share, with a total market value of 175,090. Following this completion of acquisition, the Director, BONOVITZ SHELDON M now holds 15,660 shares of the company’s stock, valued at 571,120. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.67%.