News stories about Comcast (NASDAQ:CMCSA) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Comcast earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news stories about the cable giant an impact score of 45.4923862860335 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- SunTrust Banks Weighs in on Comcast Co.’s Q1 2019 Earnings (CMCSA) (americanbankingnews.com)
- [$$] Antitrust showdown with AT&T will resonate across all sectors (finance.yahoo.com)
- [$$] Inside Telemundo’s Battle with Univision for American Hispanics (finance.yahoo.com)
- Why Rupert Murdoch Is in No Hurry to Raise His Bid for Sky (finance.yahoo.com)
- C-SPAN to Visit Salem and Portland on March 21-23 in Partnership with Comcast (finance.yahoo.com)
A number of research analysts have weighed in on CMCSA shares. Buckingham Research raised their price objective on Comcast from $48.00 to $50.00 and gave the company a “buy” rating in a report on Monday, January 8th. Pivotal Research restated a “buy” rating and issued a $50.00 price objective on shares of Comcast in a report on Tuesday, December 19th. Macquarie reaffirmed a “buy” rating and issued a $40.00 target price on shares of Comcast in a research note on Thursday, December 7th. Moffett Nathanson reaffirmed a “buy” rating and issued a $52.00 target price (up from $45.00) on shares of Comcast in a research note on Thursday, January 18th. Finally, TD Securities downgraded Comcast from an “action list buy” rating to a “buy” rating and raised their target price for the stock from $42.60 to $51.00 in a research note on Friday, January 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-three have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $50.39.
Comcast (NASDAQ:CMCSA) last announced its quarterly earnings data on Wednesday, January 24th. The cable giant reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $21.92 billion during the quarter, compared to analysts’ expectations of $21.83 billion. Comcast had a return on equity of 16.47% and a net margin of 26.87%. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.89 EPS. research analysts forecast that Comcast will post 2.52 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 25th. Investors of record on Wednesday, April 4th will be paid a dividend of $0.19 per share. This is a boost from Comcast’s previous quarterly dividend of $0.16. The ex-dividend date is Tuesday, April 3rd. This represents a $0.76 annualized dividend and a yield of 2.15%. Comcast’s payout ratio is presently 13.21%.
In other Comcast news, Chairman Brian L. Roberts sold 691,105 shares of the business’s stock in a transaction that occurred on Thursday, March 15th. The stock was sold at an average price of $36.53, for a total value of $25,246,065.65. Following the completion of the sale, the chairman now owns 1,717,788 shares in the company, valued at $62,750,795.64. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Brian L. Roberts sold 358,353 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $36.89, for a total value of $13,219,642.17. Following the completion of the sale, the chief executive officer now owns 1,717,788 shares of the company’s stock, valued at approximately $63,369,199.32. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,375,598 shares of company stock valued at $51,570,601. 1.28% of the stock is owned by company insiders.
WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Comcast (NASDAQ:CMCSA) Share Price” was first reported by BBNS and is the property of of BBNS. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://baseballnewssource.com/2018/03/19/comcast-cmcsa-receiving-somewhat-favorable-media-coverage-study-finds/2019933.html.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice, as well as security and automation services to residential and business customers under the XFINITY brand.
Receive News & Ratings for Comcast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comcast and related companies with MarketBeat.com's FREE daily email newsletter.