Stock Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA), NBCUniversal and E! to Ring The Nasdaq Stock Market Closing Bell

[GlobeNewswire] – Comcast Corporation, NBCUniversal and E! will visit the Nasdaq MarketSite in Times Square to celebrate the kick off of New York Fashion Week. Beginning Thursday, February 11, E! Read more on this. Comcast Corporation (CMCSA) , valued at $136.31B, began trading this morning at $58.11. Today’s price range has been between $55.76 and $58.12 per share with a trailing 52-week range being $50.00 to $64.99. CMCSA shares are currently priced at 16.69x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s -1.04x forward p/e ratio. The company pays shareholders $1.10 per share annually in dividends, yielding 1.85%. Consensus earnings for the current quarter by the 24 sell-side analysts covering the stock is an estimate of $0.80 per share, which would be $0.01 worse than the year-ago quarter and a $0.05 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $3.56 is a $0.32 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $18.68 Billion. If reported, that would be a 4.65% increase over the year-ago quarter. More recently, Argus upgraded CMCSA from Hold to Buy (Feb 5, 2016). Previously, Sun Trust Rbsn Humphrey Initiated CMCSA at to Neutral. The average price target for CMCSA shares is $69.48, which is 19.57% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Stock Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA, CMCSK) and USA Network to Ring the Nasdaq Stock Market Opening Bell Market Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA, CMCSK) and Syfy to Ring The Nasdaq Stock Market Opening Bell Market Update: Comcast Corporation (NASDAQ:CMCSA) – City Year and Comcast NBCUniversal Announce $11.2 Million Commitment and Renewed Partnership Agreement