Latest news with #CMCSA
Globe and Mail
a day ago
- Business
- Globe and Mail
Comcast Stock (NASDAQ:CMCSA) Slips Despite New Advertising Shift
Communications giant Comcast (CMCSA) is not the kind of operation to leave money on the table. So when it heard that a fairly large bloc of advertisers would be willing to spend more money if there were a way to better connect ad exposure to certain conditions, Comcast got right after it. Oddly enough, this was not good enough for some shareholders, who sent Comcast shares down fractionally in Wednesday afternoon's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter A new project, in conjunction with Marpipe and Mastercard (MA), is going to bring a set of new tools to advertisers' hands. With 63% of advertisers in a Comcast Advertising study noting that they would spend more if there was '…more attribution connecting TV ad exposure to specific consumer actions or purchases.' Comcast needed to hear no more, and got to work. Now, Comcast advertisers will have access to new tools, including the Comcast Media Solution feature, which now has support from Mastercard to allow access to 'beta testing sales lift' using a range of categories from automotive to home services. It is, essentially, a change in the way we look at advertising performance on television. Plus, many of these features—which were formerly only available to large-scale national advertisers —will now make their way into the local market. 'Personalized, shoppable ads' also become more available, which should produce better outcomes for advertisers. Given the fragile state of linear television viewership these days, Comcast needs to get more out of the bit of viewership it has left. Pushing Digital With Kids Meanwhile, Comcast is also eager to help the next generation of digital pioneers get started, and is putting money behind that notion. It gave a $20,000 grant to the Boys and Girls Clubs of Delaware, which will be put to the 'My Future' education program to enhance digital skills in the youth served therein. Given that there are over 40 such clubs in Delaware, the grant might not exactly reach very far. But the Boys and Girls Clubs were glad to get it all the same, with executive director of the Western Sussex Branch Jermane Duncan noting, 'Comcast understands the critically important role that digital skills play in accelerating career opportunities. This grant helps set our youth up for success both in and out of the classroom, and will strengthen our ability to support the next generation of leaders.' Turning to Wall Street, analysts have a Moderate Buy consensus rating on CMCSA stock based on nine Buys, 10 Holds and two Sells assigned in the past three months, as indicated by the graphic below. After a 8.77% loss in its share price over the past year, the average CMCSA price target of $41.44 per share implies 20.52% upside potential. Disclosure
Yahoo
3 days ago
- Business
- Yahoo
Comcast (CMCSA) Suffers a Larger Drop Than the General Market: Key Insights
Comcast (CMCSA) ended the recent trading session at $34.53, demonstrating a -1.65% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.84%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq lost 0.91%. The cable provider's shares have seen a decrease of 1.04% over the last month, surpassing the Consumer Discretionary sector's loss of 0% and falling behind the S&P 500's gain of 1.44%. The investment community will be closely monitoring the performance of Comcast in its forthcoming earnings report. The company is scheduled to release its earnings on July 31, 2025. The company is expected to report EPS of $1.18, down 2.48% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $29.81 billion, up 0.4% from the prior-year quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.35 per share and a revenue of $122.07 billion, indicating changes of +0.46% and -1.35%, respectively, from the former year. Investors should also note any recent changes to analyst estimates for Comcast. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.14% lower. At present, Comcast boasts a Zacks Rank of #3 (Hold). Looking at valuation, Comcast is presently trading at a Forward P/E ratio of 8.07. This represents a discount compared to its industry average Forward P/E of 8.78. One should further note that CMCSA currently holds a PEG ratio of 1.72. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Cable Television industry stood at 0.45 at the close of the market yesterday. The Cable Television industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 206, which puts it in the bottom 17% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comcast Corporation (CMCSA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
5 days ago
- Business
- Yahoo
Comcast Begins Construction of Next-Gen Internet Network Across 7 Indiana Counties
Comcast Corporation (NASDAQ:CMCSA) is one of the 11 most profitable NASDAQ stocks to buy now. Earlier on May 28, Comcast announced the commencement of construction for its next-gen high-speed internet network across 7 counties in Indiana: Fayette, Rush, Delaware, Boone, Shelby, Morgan, and Miami. This multi-million dollar investment aims to connect over 10,000 residents and businesses in these areas and provide them with access to Comcast's full suite of services. The project is a joint investment in partnership with Indiana's Next Level Connections Broadband Grant Program, which has allocated $350 million towards improving broadband access and adoption throughout the state. Over the past 3 years, Comcast has invested ~$600 million specifically in Indiana's network infrastructure, which contributed to its broader national investment of over $80 billion in its fiber-rich network across the country over the last decade. A couple watching their favorite show on TV, enjoying the entertainment network service. The company already has an impressive technological footprint in Indiana, with an existing 49,000 miles of fiber-rich network infrastructure and over 65,500 WiFi hotspots statewide. Since its launch in 2011, Comcast's Internet Essentials program, which offers low-cost, high-speed internet and affordable computers to eligible households, has also helped more than 772,000 Indiana residents connect to the internet. Comcast Corporation (NASDAQ:CMCSA) is a media and technology company that operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. While we acknowledge the potential of CMCSA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
Netflix Flags WBD Split as Media Shakeout Sign
Netflix (NASDAQ:NFLX) frames Warner Bros. Discovery's (NASDAQ:WBD) two-way split as a clear signal of a U.S. media shakeout driven by streaming's rise and linear TV's decline. Warning! GuruFocus has detected 6 Warning Signs with BA. In an on-stage Bloomberg interview at the Founders Forum Global conference, co-CEO Greg Peters said everything in entertainment is moving to streamingeverything is moving to on demand, and that legacy players have to rationalize their business for that reality. Peters noted there's inevitable logic to further mergers among traditional networks as they adapt to subscriber-first models. On Monday, WBD unveiled plans to carve itself into two standalone entitiesone for streaming and another for linear networksmirroring November's Comcast (NASDAQ:CMCSA) decision to spin off NBCUniversal's TV channels into Versant, a separate public vehicle. Credit-rating firms Fitch, Moody's and S&P all slapped junk status on WBD this week following the split announcement, underscoring investor concern over rising debt and restructuring costs. Netflix shares ticked up 1.35% in premarket trading, reflecting relief that the industry leader is doubling down on its direct-to-consumer franchise while rivals grapple with legacy burdens. Investors should note that as traditional media companies shed fixed costs and realign toward on-demand services, subscriber growth and content ROI will come under fresh streaming's dominance crystalizing broader M&A and debt-restructuring trends, the next phase of industry reshaping hinges on Netflix's ability to sustain high-margin growth even as peers pursue consolidation. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
Netflix Flags WBD Split as Media Shakeout Sign
Netflix (NASDAQ:NFLX) frames Warner Bros. Discovery's (NASDAQ:WBD) two-way split as a clear signal of a U.S. media shakeout driven by streaming's rise and linear TV's decline. Warning! GuruFocus has detected 6 Warning Signs with BA. In an on-stage Bloomberg interview at the Founders Forum Global conference, co-CEO Greg Peters said everything in entertainment is moving to streamingeverything is moving to on demand, and that legacy players have to rationalize their business for that reality. Peters noted there's inevitable logic to further mergers among traditional networks as they adapt to subscriber-first models. On Monday, WBD unveiled plans to carve itself into two standalone entitiesone for streaming and another for linear networksmirroring November's Comcast (NASDAQ:CMCSA) decision to spin off NBCUniversal's TV channels into Versant, a separate public vehicle. Credit-rating firms Fitch, Moody's and S&P all slapped junk status on WBD this week following the split announcement, underscoring investor concern over rising debt and restructuring costs. Netflix shares ticked up 1.35% in premarket trading, reflecting relief that the industry leader is doubling down on its direct-to-consumer franchise while rivals grapple with legacy burdens. Investors should note that as traditional media companies shed fixed costs and realign toward on-demand services, subscriber growth and content ROI will come under fresh streaming's dominance crystalizing broader M&A and debt-restructuring trends, the next phase of industry reshaping hinges on Netflix's ability to sustain high-margin growth even as peers pursue consolidation. This article first appeared on GuruFocus. Sign in to access your portfolio
