Comcast (NASDAQ:CMCSA – Get Free Report) posted its quarterly earnings data on Thursday. The cable giant reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.08, Zacks reports. Comcast had a return on equity of 19.81% and a net margin of 11.92%.
Comcast Price Performance
NASDAQ CMCSA traded down $4.61 during trading on Thursday, hitting $32.76. 30,575,864 shares of the stock traded hands, compared to its average volume of 22,776,125. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.14. The company has a market capitalization of $125.34 billion, a P/E ratio of 8.80, a price-to-earnings-growth ratio of 1.35 and a beta of 1.01. Comcast has a 12-month low of $32.50 and a 12-month high of $47.11. The firm has a 50-day simple moving average of $39.01 and a 200-day simple moving average of $40.15.
Insider Buying and Selling at Comcast
In other Comcast news, CEO Brian L. Roberts sold 234,464 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total value of $10,002,234.24. Following the completion of the sale, the chief executive officer now directly owns 6,669,928 shares in the company, valued at approximately $284,539,128.48. This trade represents a 3.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Michael J. Cavanagh sold 25,537 shares of Comcast stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.59, for a total value of $1,087,620.83. Following the sale, the president now directly owns 534,849 shares of the company’s stock, valued at approximately $22,779,218.91. This represents a 4.56 % decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by company insiders.
Analysts Set New Price Targets
Read Our Latest Report on CMCSA
Comcast Company Profile
Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.
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