For its third fiscal quarter (ending September 30), Comcast Corp (NASDAQ: CMCSA) has reported a -4% decline in E.P.S. from $0.98 a year ago to $0.94 in the current quarter. E.P.S. were $3.71 for the latest four quarters through September 30 versus $3.62 for the same period a year ago — an increase of 2%.
Recent Price Action
On 10/31/24, Comcast Corp (NASDAQ: CMCSA) stock enjoyed a large increase of 3.4%, closing at $43.67. Moreover, this advance was accompanied by unusually high trading volume at 196% of normal. The stock has performed in line with the market over the last nine months and has risen 5.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CMCSA is expected to continue to be a major Value Builder.
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 46 and a slightly negative Power Rating of 36, resulting in the Negative Value Trend Rating.
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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