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Comcast (CMCSA) Dips More Than Broader Market: What You Should Know
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In the latest close session, Comcast (CMCSA - Free Report) was down 5.02% at $28.57. The stock fell short of the S&P 500, which registered a loss of 1.36% for the day. Elsewhere, the Dow saw a downswing of 1.64%, while the tech-heavy Nasdaq depreciated by 1.46%.
Shares of the cable provider have depreciated by 4.66% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 2.08%, and the S&P 500's loss of 1.76%.
The investment community will be paying close attention to the earnings performance of Comcast in its upcoming release. The company is slated to reveal its earnings on April 23, 2026. It is anticipated that the company will report an EPS of $0.88, marking a 19.27% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $30.71 billion, showing a 2.75% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.68 per share and a revenue of $123.16 billion, representing changes of -14.62% and -0.45%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Comcast. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Comcast is currently a Zacks Rank #5 (Strong Sell).
In the context of valuation, Comcast is at present trading with a Forward P/E ratio of 8.17. This denotes a premium relative to the industry average Forward P/E of 6.63.
It's also important to note that CMCSA currently trades at a PEG ratio of 2.35. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Cable Television industry had an average PEG ratio of 0.65.
The Cable Television industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 58, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Comcast (CMCSA) Dips More Than Broader Market: What You Should Know
In the latest close session, Comcast (CMCSA - Free Report) was down 5.02% at $28.57. The stock fell short of the S&P 500, which registered a loss of 1.36% for the day. Elsewhere, the Dow saw a downswing of 1.64%, while the tech-heavy Nasdaq depreciated by 1.46%.
Shares of the cable provider have depreciated by 4.66% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 2.08%, and the S&P 500's loss of 1.76%.
The investment community will be paying close attention to the earnings performance of Comcast in its upcoming release. The company is slated to reveal its earnings on April 23, 2026. It is anticipated that the company will report an EPS of $0.88, marking a 19.27% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $30.71 billion, showing a 2.75% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.68 per share and a revenue of $123.16 billion, representing changes of -14.62% and -0.45%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Comcast. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Comcast is currently a Zacks Rank #5 (Strong Sell).
In the context of valuation, Comcast is at present trading with a Forward P/E ratio of 8.17. This denotes a premium relative to the industry average Forward P/E of 6.63.
It's also important to note that CMCSA currently trades at a PEG ratio of 2.35. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Cable Television industry had an average PEG ratio of 0.65.
The Cable Television industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 58, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.