Comcast Co. (NASDAQ:CMCSA) Given Average Recommendation of "Moderate Buy" by Analysts

Shares of Comcast Co. (NASDAQ:CMCSA - Get Free Report) have received a consensus rating of "Moderate Buy" from the twenty-two research firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $42.10.

Several equities analysts have recently issued reports on the company. Wells Fargo & Company lowered Comcast from an "equal weight" rating to an "underweight" rating and reduced their target price for the company from $37.00 to $31.00 in a report on Monday, April 14th. UBS Group set a $44.50 price objective on Comcast in a research note on Friday, April 25th. Oppenheimer dropped their price objective on shares of Comcast from $55.00 to $38.00 and set an "outperform" rating on the stock in a report on Friday, April 25th. The Goldman Sachs Group decreased their price objective on Comcast from $50.00 to $44.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. Finally, Rosenblatt Securities reiterated a "neutral" rating and issued a $36.00 target price on shares of Comcast in a research note on Monday, April 28th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Promus Capital LLC acquired a new stake in shares of Comcast in the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC increased its stake in shares of Comcast by 269.9% in the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant's stock worth $26,000 after acquiring an additional 502 shares during the last quarter. Inlight Wealth Management LLC purchased a new position in shares of Comcast during the 1st quarter worth $26,000. Roxbury Financial LLC acquired a new position in shares of Comcast during the 4th quarter valued at about $27,000. Finally, Wingate Wealth Advisors Inc. acquired a new stake in Comcast during the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 84.32% of the company's stock.

Comcast Price Performance

CMCSA traded up $0.47 on Friday, reaching $34.72. The stock had a trading volume of 23,090,844 shares, compared to its average volume of 21,903,152. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $129.63 billion, a price-to-earnings ratio of 8.37, a price-to-earnings-growth ratio of 1.78 and a beta of 0.97. Comcast has a fifty-two week low of $31.44 and a fifty-two week high of $45.31. The firm has a 50-day moving average of $35.01 and a 200-day moving average of $37.51.

Comcast (NASDAQ:CMCSA - Get Free Report) last posted its earnings results on Thursday, April 24th. The cable giant reported $1.09 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.08. The firm had revenue of $29.89 billion for the quarter, compared to analyst estimates of $29.82 billion. Comcast had a net margin of 13.09% and a return on equity of 19.98%. The company's revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.04 EPS. As a group, sell-side analysts anticipate that Comcast will post 4.33 EPS for the current year.

About Comcast

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.