Comcast (CMCSA) ended the recent trading session at $36.33, demonstrating a +1.79% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.11%. Elsewhere, the Dow saw an upswing of 0.91%, while the tech-heavy Nasdaq depreciated by 0.82%.
Prior to today's trading, shares of the cable provider had gained 3.96% lagged the Consumer Discretionary sector's gain of 7.03% and the S&P 500's gain of 5.17%.
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 July 31, 2025. On that day, Comcast is projected to report earnings of $1.17 per share, which would represent a year-over-year decline of 3.31%. In the meantime, our current consensus estimate forecasts the revenue to be $29.85 billion, indicating a 0.54% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.33 per share and a revenue of $122.21 billion, indicating changes of 0% and -1.23%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Comcast. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.49% lower within the past month. Comcast is currently a Zacks Rank #3 (Hold).
Investors should also note Comcast's current valuation metrics, including its Forward P/E ratio of 8.25. This represents a discount compared to its industry average Forward P/E of 9.3.
Investors should also note that CMCSA has a PEG ratio of 1.73 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 0.46.
The Cable Television industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 225, finds itself in the bottom 9% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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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