Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Comcast (CMCSA) Stock Price

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News headlines about Comcast (NASDAQ:CMCSA) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Comcast earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the cable giant an impact score of 46.2325754079303 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the headlines that may have effected Accern’s analysis:

NASDAQ:CMCSA opened at $35.92 on Friday. Comcast has a 52 week low of $30.43 and a 52 week high of $44.00. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a market cap of $171.80 billion, a PE ratio of 17.44, a price-to-earnings-growth ratio of 1.19 and a beta of 1.20.

Comcast (NASDAQ:CMCSA) last posted its earnings results on Thursday, July 26th. The cable giant reported $0.65 EPS for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.04. Comcast had a return on equity of 15.92% and a net margin of 27.42%. The firm had revenue of $21.74 billion for the quarter, compared to analysts’ expectations of $21.85 billion. During the same period last year, the firm earned $0.52 EPS. The company’s quarterly revenue was up 2.1% on a year-over-year basis. analysts expect that Comcast will post 2.55 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 24th. Stockholders of record on Wednesday, October 3rd will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Tuesday, October 2nd. Comcast’s dividend payout ratio (DPR) is presently 36.89%.

A number of equities analysts recently issued reports on the company. Pivotal Research restated a “buy” rating and issued a $45.00 target price on shares of Comcast in a research note on Tuesday, June 26th. BidaskClub raised Comcast from a “sell” rating to a “hold” rating in a research report on Friday, June 15th. KeyCorp began coverage on Comcast in a research report on Wednesday, May 16th. They set a “buy” rating and a $38.00 price target on the stock. They noted that the move was a valuation call. Robert W. Baird cut their price target on Comcast from $42.00 to $41.00 and set an “outperform” rating on the stock in a research report on Monday, July 30th. Finally, Atlantic Securities raised Comcast from a “neutral” rating to an “overweight” rating and set a $42.00 price target on the stock in a research report on Monday, August 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $45.79.

In other news, SVP Daniel C. Murdock sold 1,694 shares of the firm’s stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of $31.05, for a total transaction of $52,598.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.31% of the stock is owned by company insiders.

About Comcast

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice, as well as security and automation services to residential and business customers under the XFINITY brand.

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