Market Update (NASDAQ:CMCSA): Comcast Business Announces Regional Winners in Innovations 4 Entrepreneurs Competition

[Business Wire] – Comcast Business today announced that 30 small business owners from across the U.S. have been named regional winners in the “Innovations 4 Entrepreneurs Contest” , a national competition that will award more than $440,000 to up-and-coming companies that are leveraging technology to enhance their business. Read more on this. Comcast Corporation (CMCSA) , currently valued at $147.06B, started the session at $61.02. Looking at today’s market, CMCSA one day range is $60.54 to $61.09 with the price of the stock fluctuating between $50.00 to $64.99 over the last 52 weeks. Comcast (CMCSA) shares are currently priced at 17.36x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.09x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.10 per share annually in dividends, yielding 1.80%. 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 $0.04 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $3.52, which would be a $0.28 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $18.64 Billion. If reported, that would be a 4.43% increase over the year-ago quarter. 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 $69.36, which is 13.67% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Market Update (NASDAQ:CMCSA): Comcast Names New Regional Vice President of Human Resources for California Region Stock Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Business Looking for Top Florida Startup, Entrepreneur Market Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA, CMCSK) and Syfy to Ring The Nasdaq Stock Market Opening Bell