Comcast Corporation (NASDAQ:CMCSA) registered a -0.37% decrease, still its new closing price is 40.45% up from the company’s 1 year high of 72.94.It posted 1.93% gains in previous 5 sessions and is now the subject of 1 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 12 buy or better ratings. The 27 stock analysts following this company have an average price target at $78.38, with individual PT in the $68.00-$90.00 range. The shares moved at $72.29, implying that brokerage firms see shares gaining about 35.51% in twelve months time.
Comcast Corporation (CMCSA) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 4.69% rise year to date. A EVP, GC and Secretary at Comcast Corporation (CMCSA) offloaded shares in a transaction closed on Tuesday December 27, 2016. BLOCK ARTHUR R sold 1,680 shares in the company at $70.8 each and collected $118,001 in proceeds. BLOCK ARTHUR R now owns 44,169 shares in the company after this transaction. A EVP, GC and Secretary in the company, BLOCK ARTHUR R, disclosed a transaction on Monday December 19, 2016 that ended up generating $170,001 from the sale of 2,435 shares at $70.17 per share.
Comcast Corporation (NASDAQ:CMCSA) Upcoming Results on Tap
Comcast Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.93 in that period. Sales during the quarter are predicted to arrive at $19.96 billion.
Earnings surprise history: Last quarter, the company posted approximately $21.32 billion in revenue and EPS of $0.92. The mean forecast was for $21.16 billion and $0.91 a share, respectively. One quarter earlier, revenue for the stock was at $19.27 billion, with earnings at $0.83/share.
Comcast Corporation (CMCSA) Brokerage Update
Comcast Corporation (CMCSA) is in Deutsche Bank’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Deutsche Bank, according to news reported on Friday January 13, 2017.Another important research note was issued by Macquarie on Monday October 24, 2016.The firm upgraded CMCSA to Outperform from Neutral. Over the last six months and over the last three months, the shares of Comcast Corporation (CMCSA), have changed 8.63% and 11.62%, respectively.
Comcast Corporation (NASDAQ:CMCSA) on January 11, 2017 announced that Ed Brassel has been promoted to Executive Vice President of Enterprise Business Intelligence for Comcast Cable and NBCUniversal. In this expanded role, he will continue to lead business intelligence and analytics efforts at Comcast Cable that provide insight, inform decision making and drive strategic planning while also incorporating that same focus across NBCUniversal’s television, film and theme park properties.
Mr. Brassel, who joined Comcast Cable in 2013, will report to Neil Smit, Chief Executive Officer of Comcast Cable, and to Steve Burke, Chief Executive Officer of NBCUniversal.
With this expanded enterprise-wide focus on business intelligence, Mr. Brassel will have responsibility for one of the largest and most sophisticated data analytics functions in media and technology.
Mr. Brassel has more than 30 years of experience in marketing, strategy and business analytics. Prior to joining Comcast, he served as Senior Vice President, Marketing and Business Analytics at DirecTV and also held various leadership roles with two marketing services agencies in Dallas. Mr. Brassel began his career in consumer packaged goods marketing with H.J. Heinz Company and R.J. Reynolds Tobacco Company.
Mr. Brassel is a graduate of Duke University, where he earned both an MBA and B.A. in Psychology. He and his husband, Joe, will continue to reside in Philadelphia.