Comcast stock: buy or sell?
November 19th, 2019
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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Comcast stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Comcast stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we gathered 15 ratings published for CMCSA stock in the last 30 days. The general sentiment of these ratings is bullish for CMCSA stock, with 14 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-27||Wells Fargo & Co||n/a||Outperform|
|2019-7-10||Goldman Sachs Group||Neutral||Conviction-Buy|
Comcast stock analysis
Comcast shares raised 0.45% to $44.81 today.
Shares of Comcast ended today at $44.81 and raised a slightly fine 0.45%. On Oct/24, CMCSA hit new all time highs, pushing higher previous ATH of $47.05 recorded on September. New ATHs are usual entry points for many trading setups as there aren't higher resistences. For the last 14 days when CMCSA stock price broke up the SMA100d line, it gained $0.92 (2.10%).
Shares of Comcast closed this week at $44.81 and inched a slightly good 0.56%.
Not so far away is the last all-time high Comcast marked late October. Late December 2018 CMCSA price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since SMA10d and SMA20w crossed up early March, CMCSA price climbed $6.29 per share (16.33%).
Comcast stock price history
Comcast stock went public on March 17th, 1980 with a price of $0.001. Since then, CMCSA stock grew a inf%, with a yearly average of inf%. If you had invested right after CMCSA's IPO a $1,000 in Comcast stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
Comcast stock historical price chart
CMCSA stock reached all-time highs on October 24th with a price of $47.24.
Comcast stock price target is $49.10Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 14 price targets for Comcast stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-26||Pivotal Research||Raises Target||$54.00||$56.00||3.7%|
|2019-8-27||Wells Fargo & Co||Initiates||n/a||$50.00||-|
|2019-7-26||Morgan Stanley||Raises Target||$48.00||$51.00||6.3%|
|2019-4-29||Raymond James||Raises Target||$44.00||$48.00||9.1%|
|2019-4-26||Morgan Stanley||Raises Target||$46.00||$48.00||4.3%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on April, Comcast . As soon as we get its posted EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Comcast annual revenues climbed a brilliant 11.15% to $94,507.00 million dollars from $85,029.00 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) plunged a -14.33% to 12.41%. To have an up to date view of the financial situation of Comcast, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Comcast TTM sales up to March 2019 were $98,575.00 and income was $12,166.00 million dollars. 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, raised a fine 4.30%. By contrast, profit margin (net income/sales) stayed steady at 12.41%.
|2013||$64,660 M||-||$6,820 M10.5%||-|
|2014||$68,775 M||6.36%||$8,380 M12.2%||22.87%|
|2015||$74,510 M||8.34%||$8,163 M11.0%||-2.59%|
|2016||$80,403 M||7.91%||$8,695 M10.8%||6.52%|
|2017||$85,029 M||5.75%||$22,735 M26.7%||161.47%|
|2018||$94,507 M||11.15%||$11,731 M12.4%||-48.40%|
|TTM||$98,575 M||4.30%||$12,166 M12.3%||3.71%|
Quarterly financial resultsComcast posted $26,859.00 million in revenues 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 increase and boosted a 17.85%.
|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 M||2.82%||$14,978 M69.4%||465.21%|
|2018-Q1||$22,791 M||5.65%||$3,118 M13.7%||-79.18%|
|2018-Q2||$21,735 M||-4.63%||$3,216 M14.8%||3.14%|
|2018-Q3||$22,135 M||1.84%||$2,886 M13.0%||-10.26%|
|2018-Q4||$27,846 M||25.80%||$2,511 M9.0%||-12.99%|
|2019-Q1||$26,859 M||-3.54%||$3,553 M13.2%||41.50%|
Comcast ownershipWhen you are planning to invest in a stock, it's always worth to review 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:
|Market cap||$203.4 B||$13.9 B||$16.4 B||$267.0 B||$9.1 B|
|Total shares||4,540.0 M||351.9 M||1,090.0 M||1,800.0 M||254.5 M|
|Float shares||4,510.0 M||333.1 M||968.8 M||1,780.0 M||233.0 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, November 19th, 2019|
|Day range||$44.59 - $44.90|
|Average true range||$0.76|
|50d mov avg||$45.23|
|100d mov avg||$44.41|
|200d mov avg||$42.43|
Comcast performanceTo measure stock performance is always good to compare with competitors or related stocks. For Comcast, the benchmark is made against CBS, CenturyLink, Disney, DISH Network, Rogers Communication, Shaw Communications and Viacom.
Comcast competitorsOne check before investing in any stock is to have a look a list of its competitors, in this case for Comcast. We chose 7 companies as Comcast competitors as they are in the same industry or have similar market objectives.
- CBS (CBS)
- CenturyLink (CTL)
- Disney (DIS)
- DISH Network (DISH)
- Rogers Communication (RCI)
- Shaw Communications (SJR)
- Viacom (VIAB)
Latest Comcast stock news
- InvestorPlaceComcast Stock Needs Some New Catalysts to Get It Moving HigherAugust 1, 2019
- InvestorPlaceComcast Stock Down from Record High as Q2 Earnings LoomJuly 22, 2019
- Investors.comPowell Rate Cut Views Send Nasdaq, S&P 500 To New Highs: Comcast, T Mobile Stock SurgeJuly 10, 2019
- Seeking AlphaComcast: A Symphony Of Content And PlatformsJune 19, 2019
- InvestorPlaceComcast Stock Still Has Got More Room To Run Heading Into SummerMay 28, 2019