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Why the Market Dipped But Comcast (CMCSA) Gained Today
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Comcast (CMCSA - Free Report) ended the recent trading session at $28.97, demonstrating a +1.4% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 0.44%, and the technology-centric Nasdaq decreased by 0.28%.
Coming into today, shares of the cable provider had lost 9.59% in the past month. In that same time, the Consumer Discretionary sector lost 4.13%, while the S&P 500 lost 3.59%.
The investment community will be closely monitoring the performance of Comcast in its forthcoming earnings report. The company is scheduled to release its earnings on April 23, 2026. The company's earnings per share (EPS) are projected to be $0.88, reflecting a 19.27% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $30.71 billion, reflecting a 2.75% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.68 per share and revenue of $123.16 billion, indicating changes of -14.62% and -0.45%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Comcast. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Comcast is currently sporting a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that Comcast has a Forward P/E ratio of 7.76 right now. This valuation marks a premium compared to its industry average Forward P/E of 6.27.
It's also important to note that CMCSA currently trades at a PEG ratio of 2.23. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Cable Television industry held an average PEG ratio of 0.59.
The Cable Television industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 57, finds itself in the top 24% echelons 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Why the Market Dipped But Comcast (CMCSA) Gained Today
Comcast (CMCSA - Free Report) ended the recent trading session at $28.97, demonstrating a +1.4% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 0.44%, and the technology-centric Nasdaq decreased by 0.28%.
Coming into today, shares of the cable provider had lost 9.59% in the past month. In that same time, the Consumer Discretionary sector lost 4.13%, while the S&P 500 lost 3.59%.
The investment community will be closely monitoring the performance of Comcast in its forthcoming earnings report. The company is scheduled to release its earnings on April 23, 2026. The company's earnings per share (EPS) are projected to be $0.88, reflecting a 19.27% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $30.71 billion, reflecting a 2.75% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.68 per share and revenue of $123.16 billion, indicating changes of -14.62% and -0.45%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Comcast. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Comcast is currently sporting a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that Comcast has a Forward P/E ratio of 7.76 right now. This valuation marks a premium compared to its industry average Forward P/E of 6.27.
It's also important to note that CMCSA currently trades at a PEG ratio of 2.23. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Cable Television industry held an average PEG ratio of 0.59.
The Cable Television industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 57, finds itself in the top 24% echelons 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.