Comcast (NASDAQ:CMCSA) Raised to “Strong-Buy” at Seaport Res Ptn

Comcast (NASDAQ:CMCSA) was upgraded by stock analysts at Seaport Res Ptn from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports. Seaport Res Ptn also issued estimates for Comcast’s Q2 2025 earnings at $1.20 EPS, Q3 2025 earnings at $1.26 EPS, Q4 2025 earnings at $1.17 EPS and FY2025 earnings at $4.67 EPS.

Several other research analysts have also weighed in on CMCSA. Macquarie increased their price objective on Comcast from $40.00 to $42.00 and gave the stock a “neutral” rating in a research report on Monday, November 18th. Evercore ISI raised Comcast to a “strong-buy” rating in a report on Thursday, November 21st. Pivotal Research increased their price objective on Comcast from $47.00 to $54.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft raised their price objective on Comcast from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Barclays lifted their price target on Comcast from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Monday, November 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $47.19.

Comcast Trading Up 1.3 %

CMCSA opened at $40.24 on Wednesday. The firm has a market cap of $153.98 billion, a price-to-earnings ratio of 10.82, a PEG ratio of 1.50 and a beta of 0.99. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.14. The stock has a fifty day moving average price of $42.33 and a 200-day moving average price of $40.31. Comcast has a 12 month low of $36.43 and a 12 month high of $47.11.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, October 31st. The cable giant reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.06. The firm had revenue of $32.07 billion for the quarter, compared to the consensus estimate of $31.78 billion. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.08 earnings per share. As a group, equities research analysts anticipate that Comcast will post 4.26 earnings per share for the current fiscal year.

Insider Activity

In other news, President Michael J. Cavanagh sold 25,537 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.59, for a total value of $1,087,620.83. Following the completion of the sale, the president now owns 534,849 shares in the company, valued at $22,779,218.91. This represents a 4.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Brian L. Roberts sold 234,464 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total value of $10,002,234.24. Following the transaction, the chief executive officer now owns 6,669,928 shares of the company’s stock, valued at $284,539,128.48. The trade was a 3.40 % decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CMCSA. Fiduciary Financial Group LLC bought a new stake in shares of Comcast during the 2nd quarter valued at $218,000. Assenagon Asset Management S.A. increased its holdings in shares of Comcast by 1.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 156,805 shares of the cable giant’s stock valued at $6,140,000 after acquiring an additional 2,226 shares during the period. Miracle Mile Advisors LLC boosted its stake in Comcast by 12.5% in the second quarter. Miracle Mile Advisors LLC now owns 7,592 shares of the cable giant’s stock valued at $297,000 after acquiring an additional 843 shares in the last quarter. Brookstone Capital Management raised its position in shares of Comcast by 8.4% in the 2nd quarter. Brookstone Capital Management now owns 182,633 shares of the cable giant’s stock valued at $7,413,000 after purchasing an additional 14,215 shares during the last quarter. Finally, Everpar Advisors LLC acquired a new position in shares of Comcast in the second quarter valued at about $377,000. Institutional investors own 84.32% of the company’s stock.

About Comcast

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.