Comcast (CMCSA) closed the most recent trading day at $28.21, moving +1.11% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq depreciated by 0.44%.
The cable provider's shares have seen an increase of 1.16% over the last month, surpassing the Consumer Discretionary sector's gain of 0.47% and the S&P 500's gain of 0.86%.
The investment community will be paying close attention to the earnings performance of Comcast in its upcoming release. The company is slated to reveal its earnings on January 29, 2026. The company is expected to report EPS of $0.75, down 21.88% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $32.24 billion, indicating a 1.02% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.21 per share and revenue of $123.64 billion, indicating changes of -2.77% and 0%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Comcast. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.17% higher. Comcast is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, Comcast is at present trading with a Forward P/E ratio of 6.79. This represents a premium compared to its industry average Forward P/E of 5.79.
It is also worth noting that CMCSA currently has a PEG ratio of 1.95. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Cable Television was holding an average PEG ratio of 0.75 at yesterday's closing price.
The Cable Television industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 199, placing it within the bottom 19% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Comcast Corporation (CMCSA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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