In the latest trading session, Comcast (CMCSA) closed at $35.01, marking a +1.36% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.14%. Elsewhere, the Dow saw a downswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.38%.
Coming into today, shares of the cable provider had gained 0.03% in the past month. In that same time, the Consumer Discretionary sector gained 5.02%, while the S&P 500 gained 5.35%.
The upcoming earnings release of Comcast will be of great interest to investors. The company's earnings report is expected on July 31, 2025. The company is predicted to post an EPS of $1.17, indicating a 3.31% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $29.84 billion, reflecting a 0.5% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.31 per share and revenue of $122.19 billion. These totals would mark changes of -0.46% and -1.24%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Comcast. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.78% decrease. Comcast presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Comcast is presently being traded at a Forward P/E ratio of 8.01. This signifies a discount in comparison to the average Forward P/E of 8.84 for its industry.
Investors should also note that CMCSA has a PEG ratio of 1.68 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Cable Television stocks are, on average, holding a PEG ratio of 0.47 based on yesterday's closing prices.
The Cable Television industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 209, finds itself in the bottom 16% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CMCSA in the coming trading sessions, be sure to utilize Zacks.com.
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Comcast Corporation (CMCSA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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