Stock Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Adding More Than 200 Jobs In Connecticut In 2016

[PR Newswire] – BERLIN, Conn., Jan. 6, 2016 /PRNewswire/ — Comcast today announced that it will be hiring more than 200 new customer-facing employees in Connecticut in 2016, in addition to the more than 100 added across the state last year. “Comcast is continuing to invest in processes, tools and, most importantly, employees to ensure that our customers have the best possible experience,” said Michael Parker, Senior Vice President for Comcast in Connecticut. Read more on this. Comcast Corporation (CMCSA) , currently valued at $134.86B, opened this morning at $54.92. A quick look at the market, the company’s stock traded between $54.75 and $55.65 and has traded between $50.00 and $64.99 over the past 12 months. CMCSA shares are currently priced at 16.97x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 1.47x earnings multiple. And for passive income investors, the company pays shareholders $1.00 per share annually in dividends, yielding 1.77%. In a review of the consensus earnings estimate this quarter, 26 sell-side analysts are looking at $0.83 per share, which would be $0.09 better than the year-ago quarter and a $0.02 sequential decrease. Investors should also note that the full-year EPS estimate of $3.28 is a $0.08 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $18.75 Billion. If realized, that would be a 5.75% increase over the year-ago quarter. Recently, Sun Trust Rbsn Humphrey Initiated CMCSA at Neutral (Nov 11, 2015). Previously, Deutsche Bank Initiated CMCSA at to Hold. Investors should keep in mind is that the average price target is $70.32, which is 28.04% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Company Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Adds 50 Jobs In Vermont Stock Update: Comcast Corporation (NASDAQ:CMCSA) – Yahoo And NBC Renew Sports Alliance Company Update (NASDAQ:CMCSA): Comcast Announces 400 New Jobs Coming to St. Paul