Comcast (CMCSA) closed at $29.06 in the latest trading session, marking a +2.43% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.16% for the day. On the other hand, the Dow registered a gain of 0.17%, and the technology-centric Nasdaq increased by 0.26%.
Coming into today, shares of the cable provider had gained 4.19% in the past month. In that same time, the Consumer Discretionary sector gained 2.14%, while the S&P 500 gained 1.89%.
The upcoming earnings release of Comcast will be of great interest to investors. The company's earnings report is expected 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%. Meanwhile, our latest consensus estimate is calling for revenue of $32.24 billion, up 1.02% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.21 per share and revenue of $123.61 billion, indicating changes of -2.77% and 0%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Comcast. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.17% increase. Right now, Comcast possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Comcast has a Forward P/E ratio of 6.91 right now. This represents a premium compared to its industry average Forward P/E of 5.9.
Also, we should mention that CMCSA has a PEG ratio of 1.98. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CMCSA's industry had an average PEG ratio of 0.73 as of yesterday's close.
The Cable Television industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 237, this industry ranks in the bottom 4% of all industries, numbering over 250.
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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding 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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