Comcast Corporation (NASDAQ:CMCSA) – Research analysts at Jefferies Group issued their Q1 2018 EPS estimates for shares of Comcast in a report released on Friday. Jefferies Group analyst S. Goldman expects that the cable giant will post earnings of $0.52 per share for the quarter. Jefferies Group also issued estimates for Comcast’s Q2 2018 earnings at $0.56 EPS, Q3 2018 earnings at $0.57 EPS, Q4 2018 earnings at $0.55 EPS and FY2018 earnings at $2.20 EPS.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, October 26th. The cable giant reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.03. Comcast had a net margin of 11.99% and a return on equity of 17.17%. The company had revenue of $20.98 billion for the quarter, compared to analyst estimates of $21.05 billion. During the same period in the prior year, the firm posted $0.92 EPS. The company’s quarterly revenue was down 1.6% on a year-over-year basis.

A number of other equities research analysts have also commented on the stock. ValuEngine lowered shares of Comcast from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Pivotal Research boosted their target price on shares of Comcast from $48.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Moffett Nathanson upgraded shares of Comcast from a “neutral” rating to a “buy” rating and set a $45.00 target price on the stock in a research report on Tuesday, September 12th. They noted that the move was a valuation call. Barclays dropped their target price on shares of Comcast from $44.00 to $41.00 and set an “overweight” rating on the stock in a research report on Friday, October 27th. Finally, KeyCorp reiterated a “neutral” rating on shares of Comcast in a research report on Sunday, September 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $45.72.

Comcast (NASDAQ:CMCSA) traded down $0.40 during trading hours on Monday, hitting $39.14. 21,131,900 shares of the stock were exchanged, compared to its average volume of 20,497,125. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.74 and a current ratio of 0.74. Comcast has a 12 month low of $34.12 and a 12 month high of $42.18. The company has a market cap of $184,800.91, a price-to-earnings ratio of 19.62, a P/E/G ratio of 1.90 and a beta of 1.01.

Several hedge funds have recently made changes to their positions in CMCSA. Wealthcare Advisory Partners LLC bought a new position in Comcast during the third quarter valued at about $104,000. Zions Bancorporation grew its position in Comcast by 16.8% during the first quarter. Zions Bancorporation now owns 2,845 shares of the cable giant’s stock valued at $106,000 after buying an additional 410 shares during the period. Clear Perspective Advisors LLC grew its position in Comcast by 100.1% during the second quarter. Clear Perspective Advisors LLC now owns 2,722 shares of the cable giant’s stock valued at $106,000 after buying an additional 1,362 shares during the period. MPS Loria Financial Planners LLC bought a new position in Comcast during the second quarter valued at about $107,000. Finally, First Bank & Trust grew its position in Comcast by 84.9% during the second quarter. First Bank & Trust now owns 2,836 shares of the cable giant’s stock valued at $111,000 after buying an additional 1,302 shares during the period. Institutional investors own 82.13% of the company’s stock.

In other Comcast news, EVP Arthur R. Block sold 4,091 shares of the company’s stock in a transaction on Thursday, September 28th. The shares were sold at an average price of $38.36, for a total transaction of $156,930.76. Following the transaction, the executive vice president now owns 68,478 shares in the company, valued at $2,626,816.08. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Brian L. Roberts sold 583,835 shares of the company’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $38.67, for a total transaction of $22,576,899.45. Following the transaction, the chairman now owns 1,711,798 shares in the company, valued at approximately $66,195,228.66. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 593,556 shares of company stock worth $22,958,411. Corporate insiders own 1.28% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Wednesday, January 3rd will be issued a dividend of $0.157 per share. The ex-dividend date is Tuesday, January 2nd. This represents a $0.63 annualized dividend and a yield of 1.60%. Comcast’s payout ratio is 30.36%.

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Comcast Company Profile

Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

Earnings History and Estimates for Comcast (NASDAQ:CMCSA)

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