What Comcast Investors Are Talking About Today

Comcast logged a -1.0% change during today's afternoon session, and is now trading at a price of $37.51 per share. The S&P 500 index moved 0.2% and the Nasdaq posted a 1.0% change. CMCSA's trading volume is 12,552,275 compared to the stock's average volume of 25,800,156.

Shares of Comcast have a 50-day average price of $34.3386 as of January 2022. Comcast Corporation operates as a media and technology company worldwide. The large-cap Communication Services company has 189,000 full time employees and is based in Philadelphia, PA. Comcast has returned a 2.5% dividend yield over the last 12 months.

Snapshot of the Company's Financials:

2019-12-31 2020-12-31 2021-12-31
Revenue (MM) $108,942 $103,564 $116,385
Revenue Growth n/a -4.94% 12.38%
Gross Margins 68.4% 68.0% 67.0%
Gross Margins Growth n/a -0.58% -1.47%
Operating Margins 19.4% 16.9% 17.9%
Operating Margins Growth n/a -12.89% 5.92%
Earnings Per Share $2.83 $2.28 $3.04
EPS Growth n/a -19.43% 33.33%
Free Cash Flow (MM) $13,269 $13,103 $17,089
FCF Growth n/a -1.25% 30.42%
Capital Expenditures (MM) -$12,428 -$11,634 -$12,057

Comcast Is Reasonably Valued:

Compared to the Communication Services sector's average of 18.65, Comcast has a trailing twelve month price to earnings (P/E) ratio of 14.8 and, based on its EPS guidance of 3.69, an expected P/E ratio of 10.2.

Comcast is undervalued in terms of its assets because its price to book (P/B) ratio is 1.9 compared to its sector average of 2.62. The company's shares are currently trading 6.8% above their fair value as expressed by Benjamin Graham's formula:

√(22.5 * 3-year average EPS * book value per share) = √(22.5 * 2.72 * 20.151) = $35.12

Comcast Is the Subject of Mixed Market Indicators:

32 analysts are following Comcast and have set target prices ranging from $30 to $70 per share. On average, they have given the company a rating of buy. At the current price of $37.51, CMCSA is trading -14.52% away from its average analyst target price of $43.88 per share, implying an analyst consensus of some upside potential for the stock.

The company has a very low short interest since 1.8% of the company's shares are tied to short positions. Institutions own 85.4% of Comcast's shares, while the insider ownership rate stands at 0.69%. The biggest shareholder is the Vanguard Group, Inc. with a 9% stake in the company worth approximately $15,777,651,180.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.