Company Update (NASDAQ:CMCSA): Comcast Corporation Announces Promotions to Vice President

[Business Wire] – Comcast Corporation today announced a series of promotions to Vice President in its Corporate Strategy, Global Risk Management, Corporate Communications, Legal Regulatory Affairs and Corporate Affairs departments. Read more on this. Comcast Corporation (CMCSA) , currently valued at $145.08B, started trading this morning at $59.11. Looking at today’s market, CMCSA one day range is $59.11 to $59.70 and has traded between $50.00 and $64.99 over the past 12 months. Comcast (CMCSA) shares are currently priced at 16.91x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -2.49x earnings multiple for the same period. And for income investors, the company pays shareholders $1.10 per share annually in dividends, yielding 1.84%. Consensus earnings for the current quarter by the 25 sell-side analysts covering the stock is an estimate of $0.79 per share, which would be $0.02 worse than the year-ago quarter and a $0.06 sequential decrease. Investors should also note that the full-year EPS estimate of $3.54 is a $0.30 improvement 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 $69.44, which is 17.48% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Company Update: Comcast Corporation (NASDAQ:CMCSA) – Sridhar Solur Joins Comcast Cable as Senior Vice President, Xfinity Home and IoT Products Market Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Corporation Names Dalila Wilson-Scott Senior Vice President, Community Investment, and President of the Comcast Foundation Market Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Corporation Names Francis M. Buono Senior Vice President of Legal Regulatory Affairs