Comcast Corporation (NASDAQ:CMCSA) shares fell to a low of $51.805 before closing at $52.50. Intraday shares traded counted 13.37 million, which was 22.43% higher than its 30-day average trading volume of 17.23M. CMCSA’s previous close was $52.10 while the outstanding shares total 4.58B. The firm has a beta of 1.04, a 12-month trailing P/E ratio of 23.06, and a growth ratio of 1.61. The stock’s Relative Strength Index (RSI) is 56.43, with weekly volatility at 1.54% and ATR at 1.12. The CMCSA stock’s 52-week price range has touched low of $31.70 and a $53.60 high. The stock traded higher over the last trading session, gaining 0.77% on 02/22/21.
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 $242.61 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 11.74 billion on their books with 3.15 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 a decline. In terms of their assets, the company currently has 26.74 billion total, with 28.8 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.65 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, Sr. EVP, WATSON DAVID N sold 181,281 shares of the company’s stock in a transaction that recorded on Feb 11. The sale was performed at an average price of 52.75, for a total value of 9,562,029. As the sale deal closes, the Director, Montiel Maritza Gomez now sold 2,000 shares of the company’s stock, valued at 99,948. Also, CEO – NBCUniversal, SHELL JEFF sold 5,582 shares of the company’s stock in a deal that was recorded on Dec 02. The shares were price at an average price of 51.23 per share, with a total market value of 285,938. Following this completion of acquisition, the SVP & Chief Accounting Officer, Murdock Daniel C. now holds 848 shares of the company’s stock, valued at 36,354. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
24 out of 32 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Comcast Corporation. 0 analysts has assigned a Sell rating on the CMCSA stock. The 12-month mean consensus price target for the company’s shares has been set at $59.54.