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.
