Company Update (NASDAQ:CMCSA): Comcast Awards $29,000 In Scholarships To Vermont High School Seniors

[PR Newswire] – MONTPELIER, Vt., March 9, 2016 /PRNewswire/ — The Comcast Foundation, founded in 1999 to provide charitable support to its local communities and to empower and enrich lives, has awarded twenty Vermont high school seniors scholarships through its annual Leaders and Achievers® Scholarship Program. The program, one of the Comcast Foundation’s signature community investment programs, recognizes students’ leadership skills, academic achievement and commitment to community service. Comcast, joined by Shap Smith, Speaker of the Vermont House of Representatives, as well as Jim Porter, Director of Telecommunications and Connectivity at the Vermont Department of Public Service and Christopher Recchia, Commissioner of the Vermont Public Service Department, recognized the students at a special event held at the Vermont State House today. The twenty recipients each received $1,000 scholarships. Read more on this. Comcast Corporation (CMCSA) , with a current market cap of $143.56B, opened this morning at $58.70. Looking at the equity, the company’s one day range is $58.30 to $59.10 and has traded between $50.00 and $64.99 over the past year. CMCSA shares are currently priced at 16.66x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -0.78x earnings multiple for the same period. The company pays shareholders $1.10 per share annually in dividends, yielding 1.84%. In a review of the consensus earnings estimate this quarter, 25 sell-side analysts are looking at $0.79 per share, which would be $0.02 worse than the year-ago quarter and a $0.07 sequential decrease. The full-year EPS estimate is $3.54 which would be a $0.30 improvement than last year’s full-year earnings. 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. In terms of ratings, 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 $69.44, which is 18.30% 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 Company Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast to Host Fourth Quarter and Full Year 2015 Earnings Conference Call Company Update: Comcast Corporation (NASDAQ:CMCSA) – Internet Essentials, Comcast’s High-Speed Internet Program for Low-Income Families, to Be Extended to Community College Students in Illinois