Analysts' ratings for Comcast CMCSA over the last quarter vary from bullish to bearish, as provided by 11 analysts.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 2 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 5 | 2 | 3 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Comcast and provided 12-month price targets. The average target is $48.89, accompanied by a high estimate of $60.00 and a low estimate of $40.00. This upward trend is apparent, with the current average reflecting a 3.82% increase from the previous average price target of $47.09.
Diving into Analyst Ratings: An In-Depth Exploration
A comprehensive examination of how financial experts perceive Comcast is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kannan Venkateshwar | Barclays | Raises | Equal-Weight | $42.00 | $40.00 |
| Steven Cahall | Wells Fargo | Raises | Equal-Weight | $46.00 | $43.00 |
| Brandon Nispel | Keybanc | Raises | Overweight | $47.00 | $44.00 |
| Jeffrey Wlodarczak | Pivotal Research | Raises | Buy | $54.00 | $47.00 |
| Gregory Williams | TD Cowen | Lowers | Buy | $48.00 | $50.00 |
| Bryan Kraft | Deutsche Bank | Raises | Buy | $50.00 | $49.00 |
| Tim Nollen | Macquarie | Maintains | Neutral | $40.00 | $40.00 |
| Matthew Harrigan | Benchmark | Raises | Buy | $60.00 | $55.00 |
| Maher Yaghi | Scotiabank | Raises | Sector Outperform | $48.00 | $47.75 |
| Matthew Harrigan | Benchmark | Maintains | Buy | $55.00 | $55.00 |
| Maher Yaghi | Scotiabank | Raises | Sector Perform | $47.75 | $47.25 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Comcast. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Comcast compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Comcast's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Comcast's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Comcast analyst ratings.
Get to Know Comcast Better
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 63 million US homes and businesses, or nearly half of the country. About 50% of the locations in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is a large television provider in the UK and has invested heavily in proprietary content to build this position. Sky is also a large pay-television provider in Italy and has a presence in Germany and Austria.
Comcast: Delving into Financials
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Positive Revenue Trend: Examining Comcast's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.49% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Communication Services sector.
Net Margin: Comcast's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 11.32%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Comcast's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.29%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Comcast's ROA excels beyond industry benchmarks, reaching 1.36%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 1.18, Comcast adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: Simplified
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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