Comcast Corporation Stock Is 9% Up So Far Today

(VIANEWS) – Shares of Comcast Corporation (NASDAQ: CMCSA) jumped 9.1% to $39.85 at 14:23 EST on Thursday, after three successive sessions in a row of losses. NASDAQ is rising 1.89% to $12,078.13, following the last session’s upward trend. This seems, as yet, an all-around positive trend trading session today.

Comcast Corporation’s last close was $36.52, 24.26% under its 52-week high of $48.22.

About Comcast Corporation

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications segment provides broadband, video, voice, wireless, and other services to residential and business customers under the Xfinity brand; and advertising services. The Media segment operates NBCUniversal's television and streaming platforms, including national, regional, and international cable networks; the NBC and Telemundo broadcast networks; and Peacock, a direct-to-consumer streaming service. The Studios segment operates NBCUniversal's film and television studio production and distribution operations. The Theme Parks segment consists of Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. The Sky segment offers direct-to-consumer services, such as video, broadband, voice and wireless phone services, and content business operates entertainment networks, the Sky News broadcast network, and Sky Sports networks. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and provides streaming service, such as Peacock. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

Earnings Per Share

As for profitability, Comcast Corporation has a trailing twelve months EPS of $1.21.

PE Ratio

Comcast Corporation has a trailing twelve months price to earnings ratio of 32.93. Meaning, the purchaser of the share is investing $32.93 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.47%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 3.5% and a negative 3%, respectively.

Sales Growth

Comcast Corporation’s sales growth for the current quarter is negative 5.2%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 3, 2023, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 3.06%.

Volume

Today’s last reported volume for Comcast Corporation is 14951696 which is 18.51% below its average volume of 18348900.

More news about Comcast Corporation (CMCSA).

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