Market Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA, CMCSK) and Syfy to Ring The Nasdaq Stock Market Opening Bell

[GlobeNewswire] – What: Comcast Corporation and Syfy, will visit the Nasdaq MarketSite in Times Square to celebrate the premiere of new fantasy series“ The Magicians.” Based upon Lev Grossman’s best-selling books,“ The … Read more on this. Comcast Corporation (CMCSA) , with a current market cap of $133.40B, opened this morning at $53.61. Looking at today’s trading action, the company’s one day range from $53.18 to $54.85 with its 52-week range being $50.00 to $64.99. CMCSA shares are currently priced at 16.34x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -0.96x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.00 per share annually in dividends, yielding 1.84%. In a review of the consensus earnings estimate this quarter, 27 sell-side analysts are looking at $0.82 per share, which would be $0.08 better than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $3.28, which would be a $0.08 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $18.77 Billion. If realized, that would be a 5.87% increase over the year-ago quarter. More recently, Sun Trust Rbsn Humphrey Initiated CMCSA at Neutral (Nov 11, 2015). Previously, Deutsche Bank Initiated CMCSA at to Hold. The average price target for CMCSA shares is $69.59, which is 29.81% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Market Update: Comcast Corporation (NASDAQ:CMCSA) – City Year and Comcast NBCUniversal Announce $11.2 Million Commitment and Renewed Partnership Agreement Stock Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Adding More Than 200 Jobs In Connecticut In 2016 Market Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Adds New Smart Home Partners Giving Consumers More Choice