Comcast stock: buy or sell?
Updated on:
August 23rd, 2019
4
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 setup | Elegible |
|---|---|
| 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?
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.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-7-26 | Morgan Stanley | n/a | Overweight |
| 2019-7-10 | Goldman Sachs Group | Neutral | Conviction-Buy |
| 2019-6-26 | Pivotal Research | n/a | Buy |
| 2019-6-14 | Rosenblatt Securities | n/a | Buy |
| 2019-6-14 | Raymond James | Strong-Buy | Outperform |
| 2019-4-9 | Macquarie | Neutral | Outperform |
| 2019-4-29 | Raymond James | Outperform | Outperform |
| 2019-4-26 | Morgan Stanley | Overweight | Overweight |
| 2019-4-26 | Morgan Stanley | Overweight | Overweight |
| 2019-4-26 | KeyCorp | Overweight | Overweight |
| 2019-4-26 | Barclays | Overweight | Overweight |
| 2019-3-29 | Royal Bank of Canada | Outperform | Sector Perform |
| 2019-1-24 | TD Securities | n/a | Buy |
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.
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%.
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:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-7-26 | Morgan Stanley | Raises Target | $48.00 | $51.00 | 6.3% |
| 2019-6-26 | Pivotal Research | Reiterates | n/a | $54.00 | - |
| 2019-6-14 | Rosenblatt Securities | Initiates | n/a | $50.00 | - |
| 2019-6-14 | Raymond James | Downgrades | $25.00 | $21.00 | -16% |
| 2019-4-9 | Macquarie | Upgrades | n/a | $49.00 | - |
| 2019-4-29 | Raymond James | Raises Target | $44.00 | $48.00 | 9.1% |
| 2019-4-26 | Morgan Stanley | Reiterates | $46.00 | $48.00 | 4.3% |
| 2019-4-26 | Morgan Stanley | Raises Target | $46.00 | $48.00 | 4.3% |
| 2019-4-26 | KeyCorp | Raises Target | $43.00 | $50.00 | 16.3% |
| 2019-4-26 | Barclays | Raises Target | $44.00 | $45.00 | 2.3% |
| 2019-1-24 | TD Securities | Raises Target | $47.00 | $48.00 | 2.1% |
| (in average) | $42.90 | $46.50 | 8.0% |
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.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 0.52 | n/a |
| 2017-Q3 | 2017-10-26 | 0.5 | 0.52 | 4.0% |
| 2017-Q4 | 2018-01-24 | 0.47 | 0.49 | 4.3% |
| 2018-Q1 | 2018-04-25 | 0.59 | 0.62 | 5.1% |
| 2018-Q2 | 2018-07-26 | 0.61 | 0.65 | 6.6% |
| 2018-Q3 | 2018-10-25 | 0.61 | 0.65 | 6.6% |
| 2018-Q4 | 2019-01-23 | 0.62 | 0.64 | 3.2% |
| 2019-Q1 | 2019-04-23 | 0.64 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/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%| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 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 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%.| Quarter | Sales1 | QoQ2 | Income1/(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 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 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:
| CMCSA | CBS | CTL | DIS | DISH | |
|---|---|---|---|---|---|
| Market cap | $194.8 B | $14.6 B | $12.2 B | $202.8 B | $7.2 B |
| Total shares | 4,590.0 M | 351.7 M | 1,090.0 M | 1,490.0 M | 230.7 M |
| Float shares | 4,500.0 M | 333.1 M | 967.5 M | 1,800.0 M | 222.6 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 selling | 0.0% | 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 pattern | lt06a |
| 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.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| CMCSAComcast | -0.07% | 11.02% | 18.72% |
| CBS | -12.45% | -19.29% | -20.90% |
| CTLCenturyLink | 13.58% | -12.83% | -45.64% |
| DISDisney | 3.12% | 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:- 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