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Comcast (CMCSA) Ascends While Market Falls: Some Facts to Note
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Comcast (CMCSA - Free Report) closed at $23.17 in the latest trading session, marking a +2.12% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.05%. On the other hand, the Dow registered a loss of 0.09%, and the technology-centric Nasdaq decreased by 0.24%.
Prior to today's trading, shares of the cable provider had lost 9.82% lagged the Consumer Discretionary sector's loss of 2.34% and the S&P 500's loss of 1.42%.
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 July 23, 2026. The company is expected to report EPS of $0.98, down 21.6% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $29.32 billion, down 3.27% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.53 per share and revenue of $122.01 billion, indicating changes of -18.1% and -1.38%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Comcast should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.26% lower. Comcast is currently a Zacks Rank #3 (Hold).
In terms of valuation, Comcast is presently being traded at a Forward P/E ratio of 6.43. This valuation marks a premium compared to its industry average Forward P/E of 4.72.
We can also see that CMCSA currently has a PEG ratio of 1.85. 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. The average PEG ratio for the Cable Television industry stood at 0.57 at the close of the market yesterday.
The Cable Television industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 232, this industry ranks in the bottom 5% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual 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.
View the Zacks #1 Rank List
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Comcast (CMCSA) Ascends While Market Falls: Some Facts to Note
Comcast (CMCSA - Free Report) closed at $23.17 in the latest trading session, marking a +2.12% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.05%. On the other hand, the Dow registered a loss of 0.09%, and the technology-centric Nasdaq decreased by 0.24%.
Prior to today's trading, shares of the cable provider had lost 9.82% lagged the Consumer Discretionary sector's loss of 2.34% and the S&P 500's loss of 1.42%.
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 July 23, 2026. The company is expected to report EPS of $0.98, down 21.6% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $29.32 billion, down 3.27% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.53 per share and revenue of $122.01 billion, indicating changes of -18.1% and -1.38%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Comcast should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.26% lower. Comcast is currently a Zacks Rank #3 (Hold).
In terms of valuation, Comcast is presently being traded at a Forward P/E ratio of 6.43. This valuation marks a premium compared to its industry average Forward P/E of 4.72.
We can also see that CMCSA currently has a PEG ratio of 1.85. 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. The average PEG ratio for the Cable Television industry stood at 0.57 at the close of the market yesterday.
The Cable Television industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 232, this industry ranks in the bottom 5% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual 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.