Comcast (CMCSA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the latest trading session, Comcast (CMCSA) closed at $30.4, marking a -1.75% move from the previous day.
Founded in 1869, Goldman Sachs is the world's second-largest investment bank by revenue and is ranked 55th on the Fortune 500 list of the largest U.S.
CMCSA is turning to AI-powered IoT insights via MachineQ to drive growth beyond its traditional cable roots.
Comcast said on Monday it will appoint President Michael Cavanagh as co-CEO, adopting a dual chief executive model as the company prepares to spin off several NBCUniversal cable networks as part of a restructuring.
Michael Cavanagh will serve as co-chief executive alongside the longtime CEO, the company said Monday.
Comcast (CMCSA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Comcast is planning to cut jobs at its biggest unit that houses its Xfinity internet, mobile and pay television business, a source familiar with the matter said on Friday, as the company attempts to centralize operations and bolster its broadband business.
Versant, Comcast's spinoff of the majority of its NBCUniversal cable network portfolio, is gearing up to go public. Versant's revenue has been on the decline in recent years.
Zacks.com users have recently been watching Comcast (CMCSA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Comcast trades at an EV/EBITDA multiple of only 5.7, far below business-weighted industry comparables. The earnings yield of 12-13% would indicate terminal shrinking expectations, which I do not share. The dividend yield is at a record-high 4%, still representing less than 30% of Free Cash Fow, underpinning its safety. TTM Operating and Free Cash Flows are the highest in three years, and Debt metrics are sound.
The focus of today will be on CMCSA, AES, and SNY. The trifecta provides a reasonably secure 4.5% average yield, an A- average S&P credit rating, and is 33% undervalued. Comcast Corporation could be set to benefit from the recent opening of the Universal Epic Universe. The AES Corporation has a robust pipeline of energy projects to drive growth for the foreseeable future.