Comcast (CMCSA) closed at $29.54 in the latest trading session, marking a -1.17% move from the prior day. This change lagged the S&P 500's daily gain of 0.19%. Meanwhile, the Dow gained 0.66%, and the Nasdaq, a tech-heavy index, lost 0.03%.
The stock of cable provider has risen by 9.89% in the past month, leading the Consumer Discretionary sector's loss of 0.12% and the S&P 500's gain of 0.54%.
Analysts and investors alike will be keeping a close eye on the performance of Comcast in its upcoming earnings disclosure. The company's earnings report is set to go public on January 29, 2026. On that day, Comcast is projected to report earnings of $0.75 per share, which would represent a year-over-year decline of 21.88%. In the meantime, our current consensus estimate forecasts the revenue to be $32.24 billion, indicating a 1.02% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.18 per share and a revenue of $123.64 billion, representing changes of -3.46% and 0%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Comcast. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 past month, the Zacks Consensus EPS estimate has moved 0.17% higher. Comcast currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, Comcast is holding a Forward P/E ratio of 7.28. This indicates a premium in contrast to its industry's Forward P/E of 6.06.
Investors should also note that CMCSA has a PEG ratio of 2.09 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Cable Television industry was having an average PEG ratio of 0.72.
The Cable Television industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 194, which puts it in the bottom 21% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on 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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