“Comcast (CMCSA) has been reiterated by TheStreet Ratings as a buy with a ratings score of A+ . The company’s strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.”
,” TheStreet’s analyst commented.
A number of other analysts have also recently weighed in on CMCSA. Analysts at Atlantic Securities reiterated an overweight rating on shares of Comcast in a research note to investors on Tuesday, February 19th. They now have a $48.00 price target on the stock. Separately, analysts at Scotiabank raised their price target on shares of Comcast from $44.00 to $46.00 in a research note to investors on Friday, February 15th. Finally, analysts at Evercore Partners reiterated an overweight rating on shares of Comcast in a research note to investors on Friday, February 15th. They now have a $46.00 price target on the stock.
Shares of Comcast traded down 0.10% during mid-day trading on Thursday, hitting $39.87. Comcast has a 1-year low of $28.09 and a 1-year high of $42.00. The stock’s 50-day moving average is currently $39.28. The company has a market cap of $107.1 billion and a price-to-earnings ratio of 17.50.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, April 24th. Shareholders of record on Wednesday, April 3rd will be paid a dividend of $0.20 per share. This represents a $0.78 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Monday, April 1st. This is a positive change from Comcast’s previous quarterly dividend of $0.16.
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