Comcast stock: buy or sell?

CMCSA stock price: $42.43 -3.06% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

4

Comcast closed today at $42.43 and dropped a shocking -3.06%.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.

Should I buy Comcast stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Comcast stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Comcast stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 13 ratings published for CMCSA stock in the last month.

The general sentiment of these ratings is bullish for CMCSA stock, with 11 positive ratings.
Is CMCSA a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-26Morgan Stanleyn/aOverweight
2019-7-10Goldman Sachs GroupNeutralConviction-Buy
2019-6-26Pivotal Researchn/aBuy
2019-6-14Rosenblatt Securitiesn/aBuy
2019-6-14Raymond JamesStrong-BuyOutperform
2019-4-9MacquarieNeutralOutperform
2019-4-29Raymond JamesOutperformOutperform
2019-4-26Morgan StanleyOverweightOverweight
2019-4-26Morgan StanleyOverweightOverweight
2019-4-26KeyCorpOverweightOverweight
2019-4-26BarclaysOverweightOverweight
2019-3-29Royal Bank of CanadaOutperformSector Perform
2019-1-24TD Securitiesn/aBuy

Comcast stock analysis

Daily outlook

Comcast shares dropped -3.06% to $42.43 today.

Comcast closed today at $42.43 and dropped a shocking -3.06%. From a daily perspective, CMCSA is in a short term uptrend after plotting its last bottom ($42.05, on Aug/15) higher than the previous bottom, and its last top ($44.46, on Tuesday) also over the previous top. Now trading in between its last bottom and last top CMCSA might consolidate in a plain range, waiting to break out over $44.46 or down under $42.05. In this session, Comcast stock crossed down the SMA100d line. If you are using SMA100d line as stop loss trigger, double check your position in this stock. On Jul/25, CMCSA hit a new all time high, pushing higher than on Jul/16 tops. Check different trading setups that use ATHs as triggers.

CMCSA stock chart (daily)

Weekly outlook

Comcast shares declined -1.74% this week, ending at $42.43.

Not so far away is the last price record Comcast marked late July. Late December 2018 CMCSA price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Late October 2018, SMA20w and SMA40w crossed up triggering a rise of 19.79%.

CMCSA stock chart (weekly)

Comcast stock price history

Comcast stock went public on March 17th, 1980 with a price of $0.071. Since then, CMCSA stock grew a 60,514.30%, with a yearly average of 1,551.60%. If you had invested $1,000 in Comcast stock in 1980, it would worth $605,143.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Comcast stock historical price chart

CMCSA stock reached all-time highs on Jul/25 with a price of $45.30.

Comcast stock price target is $46.50

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 11 price targets for Comcast stock released in the last month:
CMCSA stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-26Morgan StanleyRaises Target$48.00$51.006.3%
2019-6-26Pivotal ResearchReiteratesn/a$54.00-
2019-6-14Rosenblatt SecuritiesInitiatesn/a$50.00-
2019-6-14Raymond JamesDowngrades$25.00$21.00-16%
2019-4-9MacquarieUpgradesn/a$49.00-
2019-4-29Raymond JamesRaises Target$44.00$48.009.1%
2019-4-26Morgan StanleyReiterates$46.00$48.004.3%
2019-4-26Morgan StanleyRaises Target$46.00$48.004.3%
2019-4-26KeyCorpRaises Target$43.00$50.0016.3%
2019-4-26BarclaysRaises Target$44.00$45.002.3%
2019-1-24TD SecuritiesRaises Target$47.00$48.002.1%
(in average)$42.90$46.508.0%
The price prediction for Comcast stock is $46.50, moving in a range between $54.00 and $21.00. In average, analysts' outlook on CMCSA price target is positive, improving the target by a 8.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, Comcast appreciated a tiny 1.53%. Unfortunately, reported EPS is not yet available in our database.
CMCSA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.52n/a
2017-Q32017-10-260.50.524.0%
2017-Q42018-01-240.470.494.3%
2018-Q12018-04-250.590.625.1%
2018-Q22018-07-260.610.656.6%
2018-Q32018-10-250.610.656.6%
2018-Q42019-01-230.620.643.2%
2019-Q12019-04-230.64n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Comcast annual turnover boosted a superb 11.15% to $94,507.00 million dollars from $85,029.00 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) plummed a -14.33% to 12.41%.

Comcast fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Comcast TTM sales up to March 2019 were $98,575.00 and income $12,166.00 M USD. If we compare this TTM figures with the last reported annuality, we can review Comcast business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, inched a beatiful 4.30%. Regarding profit margin, Comcast stayed steady -0.07% to 12.41%

CMCSA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$64,660 M-$6,820 M10.5%-
2014$68,775 M6.36%$8,380 M12.2%22.87%
2015$74,510 M8.34%$8,163 M11.0%-2.59%
2016$80,403 M7.91%$8,695 M10.8%6.52%
2017$85,029 M5.75%$22,735 M26.7%161.47%
2018$94,507 M11.15%$11,731 M12.4%-48.40%
TTM $98,575 M4.30%$12,166 M12.3%3.71%

Quarterly financial results

Comcast posted $26,859.00 million in sales for 2019-Q1, a -3.54% less compared to previous quarter. Reported quarter income marked $3,553.00 M with a profit margin of 13.23%. Profit margin inched a 4.21% compared to previous quarter when profit margin was 9.02%. When comparing sales to same quarter last year, Comcast sales marked an extraordinary gain and rocketed a 17.85%.
CMCSA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$21,170 M-$2,510 M11.9%-
2017-Q3$20,980 M-0.90%$2,650 M12.6%5.58%
2017-Q4$21,572 M2.82%$14,978 M69.4%465.21%
2018-Q1$22,791 M5.65%$3,118 M13.7%-79.18%
2018-Q2$21,735 M-4.63%$3,216 M14.8%3.14%
2018-Q3$22,135 M1.84%$2,886 M13.0%-10.26%
2018-Q4$27,846 M25.80%$2,511 M9.0%-12.99%
2019-Q1$26,859 M-3.54%$3,553 M13.2%41.50%

Comcast ownership

When you are planning to buy shares of a stock, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Comcast, 0.71% of all outstanding shares are owned by its staff.

Bearish positions for CMCSA stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related stocks:

CMCSACBSCTLDISDISH
Market cap$194.8 B$14.6 B$12.2 B$202.8 B$7.2 B
Total shares4,590.0 M351.7 M1,090.0 M1,490.0 M230.7 M
Float shares4,500.0 M333.1 M967.5 M1,800.0 M222.6 M
  - Institutional holdings (%)84.7%0.0%75.2%54.8%102.9%
  - Insider holdings (%)0.7%7.8%0.8%0.2%3.6%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Comcast summary

Friday, August 23rd, 2019
Open$43.50
Close$42.43
Day range$42.28 - $43.83
Previous close$43.77
Session gain-3.06%
Average true range$1.02
50d mov avg$43.29
100d mov avg$42.60
200d mov avg$39.80
Daily patternlt06a
Weekly pattern

Comcast performance

To measure stock performance is always good to benchmark with competitors or related stocks. We picked CBS, CenturyLink, Disney, DISH Network, Rogers Communication, Shaw Communications and Viacom as the bechmarking frame for Comcast stock.
Stock3m6m12m
CMCSAComcast-0.07%11.02%18.72%
CBS -12.45%-19.29%-20.90%
CTLCenturyLink13.58%-12.83%-45.64%
DISDisney3.12%18.81%23.29%
DISHDISH Network-9.29%-5.42%-12.44%
RCIRogers Communicat...-4.70%-8.81%-1.49%
SJRShaw Communicatio...-4.38%-4.81%-1.64%
VIABViacom-11.55%-14.38%-18.21%

Comcast competitors

We picked a few stocks to conform a list of Comcast competitors to review if you are interested in investing in CMCSA:

Latest Comcast stock news