A number of firms have modified their ratings and price targets on shares of Comcast (NASDAQ: CMCSA) recently:
- 2/3/2025 – Comcast was downgraded by analysts at Scotiabank from a “sector outperform” rating to a “sector perform” rating. They now have a $44.50 price target on the stock, down previously from $48.00.
- 2/3/2025 – Comcast had its price target lowered by analysts at Rosenblatt Securities from $45.00 to $36.00. They now have a “neutral” rating on the stock.
- 2/3/2025 – Comcast had its price target lowered by analysts at Barclays PLC from $42.00 to $37.00. They now have an “equal weight” rating on the stock.
- 2/3/2025 – Comcast was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
- 1/31/2025 – Comcast was given a new $38.00 price target on by analysts at Sanford C. Bernstein.
- 1/31/2025 – Comcast had its price target lowered by analysts at JPMorgan Chase & Co. from $45.00 to $39.00. They now have a “neutral” rating on the stock.
- 1/31/2025 – Comcast had its price target lowered by analysts at Macquarie from $42.00 to $36.00. They now have a “neutral” rating on the stock.
- 1/31/2025 – Comcast was downgraded by analysts at Bank of America Co. from a “buy” rating to a “neutral” rating. They now have a $38.00 price target on the stock, down previously from $50.00.
- 1/31/2025 – Comcast was upgraded by analysts at BNP Paribas from an “underperform” rating to a “neutral” rating. They now have a $35.00 price target on the stock.
- 1/31/2025 – Comcast had its price target lowered by analysts at Wells Fargo & Company from $45.00 to $37.00. They now have an “equal weight” rating on the stock.
- 1/31/2025 – Comcast had its price target lowered by analysts at Morgan Stanley from $45.00 to $38.00. They now have an “equal weight” rating on the stock.
- 1/31/2025 – Comcast had its price target lowered by analysts at Citigroup Inc. from $47.00 to $44.00. They now have a “buy” rating on the stock.
- 1/31/2025 – Comcast had its price target lowered by analysts at Benchmark Co. from $57.00 to $55.00. They now have a “buy” rating on the stock.
- 1/31/2025 – Comcast had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $50.00 to $44.00. They now have a “buy” rating on the stock.
- 1/17/2025 – Comcast was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
- 1/6/2025 – Comcast had its “neutral” rating reaffirmed by analysts at Macquarie. They now have a $42.00 price target on the stock.
- 1/6/2025 – Comcast had its price target lowered by analysts at Wells Fargo & Company from $46.00 to $45.00. They now have an “equal weight” rating on the stock.
- 1/4/2025 – Comcast was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
- 1/2/2025 – Comcast had its price target lowered by analysts at Loop Capital from $54.00 to $53.00. They now have a “buy” rating on the stock.
- 12/27/2024 – Comcast was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
Comcast Price Performance
NASDAQ CMCSA traded up $0.06 during trading hours on Monday, reaching $36.30. The company’s stock had a trading volume of 28,119,167 shares, compared to its average volume of 26,800,184. The firm’s 50-day moving average price is $36.58 and its 200-day moving average price is $39.59. Comcast Co. has a 1 year low of $32.50 and a 1 year high of $45.31. The company has a market capitalization of $137.25 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 1.78 and a beta of 1.00. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09.
Comcast (NASDAQ:CMCSA – Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. On average, equities research analysts predict that Comcast Co. will post 4.33 EPS for the current fiscal year.
Comcast Increases Dividend
Insider Activity
In other news, CEO Brian L. Roberts sold 234,464 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $42.66, for a total value of $10,002,234.24. Following the sale, the chief executive officer now directly owns 6,669,928 shares of the company’s stock, valued at approximately $284,539,128.48. The trade was a 3.40 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Michael J. Cavanagh sold 25,537 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.59, for a total transaction of $1,087,620.83. Following the transaction, the president now owns 534,849 shares of the company’s stock, valued at $22,779,218.91. This trade represents a 4.56 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.26% of the company’s stock.
Hedge Funds Weigh In On Comcast
Hedge funds and other institutional investors have recently modified their holdings of the company. Promus Capital LLC acquired a new position in shares of Comcast during the fourth quarter worth approximately $25,000. Winch Advisory Services LLC lifted its position in Comcast by 269.9% in the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant’s stock worth $26,000 after buying an additional 502 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of Comcast in the 4th quarter valued at approximately $27,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Comcast during the 4th quarter worth about $28,000. Finally, Safe Harbor Fiduciary LLC bought a new position in Comcast in the 3rd quarter worth $30,000. 84.32% of the stock is owned by institutional investors and hedge funds.
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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