Comcast Corporation (NASDAQ:CMCSA) registered a 0.60% increase, still its new closing price is 44.04% up from the company’s 1 year high of 76.87.It posted 3.24% gains in previous 5 sessions and is now the subject of 2 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 28 stock analysts following this company have an average price target at $80.85, with individual PT in the $68.00-$95.00 range. The shares moved at $75.95, implying that brokerage firms see shares gaining about 42.74% 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 9.99% 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 $0.86 in that period. Sales during the quarter are predicted to arrive at $19.95 billion.
Earnings surprise history: Last quarter, the company posted approximately $21.03 billion in revenue and EPS of $0.89. The mean forecast was for $20.67 billion and $0.87 a share, respectively. One quarter earlier, revenue for the stock was at $21.32 billion, with earnings at $0.92/share.
Comcast Corporation (CMCSA) Brokerage Update
Comcast Corporation (CMCSA) is in Pacific Crest’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sector Weight from Overweight by Pacific Crest, according to news reported on Friday January 27, 2017.Another important research note was issued by Deutsche Bank on Friday January 13, 2017.The firm upgraded CMCSA to Buy from Hold. Over the last six months and over the last three months, the shares of Comcast Corporation (CMCSA), have changed 12.83% and 21.88%, respectively.