Comcast Corp (NASDAQ: CMCSA) has reported E.P.S. of $0.97 for its first fiscal quarter (ending March 31) versus $0.91 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $3.78 compared to $1.32 a year ago.
Recent Price Action
On 4/25/24, Comcast Corp (NASDAQ: CMCSA) stock suffered a large decline of -5.8%, closing at $37.87. Moreover, trading volume in this decline was unusually high at 181% of normal. Relative to the market the stock has been weak over the last nine months and has declined -2.9% during the last week.
Current PriceTarget Research Rating
CMCSA is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Comcast has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Comcast has a neutral Appreciation Score of 45 and a slightly negative Power Rating of 34, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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