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Comcast Corporation

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Comcast is benefiting from increasing number of high speed internet subscribers. Also, continuing investment on Theme Parks is a tailwind. The nationwide rollout of wireless services under the Xfinity Mobile brand is expected to expand subscriber base. Moreover, the company’s plan to buy Fox’s assets will significantly expand its content portfolio and international presence. Moreover, acquisition will boost Comcast’s competitive position against the likes of Netflix and Amazon Prime. Further, the Sky deal is likely to provide synergies worth $500 million. Shares have remained stable ahead of company's Q2 earnings release. However, the debt level is expected to shoot up due to the higher bid for Fox’s assets and Sky. Moreover, the company continues to lose voice and video subscribers due to cord-cutting and stiff competition, which remains a concern. Shares have underperformed industry on a on a year-to-date basis.

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