Comcast stock fell after its chief financial officer signaled a third-quarter slowdown in broadband subscriber growth, which had been a bright spot during the shift to work-from-home amid the coronavirus pandemic. This video file cannot be played. (Error Code: 102630)
Full Answer
Is Comcast stock a Show-Me risk?
Oct 08, 2021 · Comcast Corporation(NASDAQ: CMCSA) shares are trading lower after Wells Fargo maintained an Underweight rating on the stock and lowered its …
Is Comcast a telecom stock to buy?
Sep 14, 2021 · What happened Don't look now, but shares of cable TV and internet-giant Comcast Corporation (NASDAQ: CMCSA) just shorted out, crashing 5.4% through 11:15 a.m. EDT -- and it has only itself to blame.
Should you buy Comcast (CMCSA) stock?
Oct 08, 2021 · Why Comcast Shares Are Falling Comcast Corporation (NASDAQ: CMCSA) shares are trading lower after Wells Fargo maintained an Underweight rating on the stock and lowered its price target from $49 to...
Why should you hold Comcast (Comcast) in your portfolio?
Dec 07, 2021 · Why Comcast Stock Dropped 4% Today. Seriously, Comcast's Evaporating Cable TV Subscriptions Don't Matter Anymore. Why Comcast Stock Just Crashed 5%. 3 Reasons Comcast Is a Buy After Q2 Earnings.
Why are Comcast shares dropping?
Comcast Corporation (NASDAQ: CMCSA) shares are trading lower after Wells Fargo maintained an Underweight rating on the stock and lowered its price target from $49 to $46.Oct 8, 2021
Is it worth Buying Comcast stock?
Comcast is still in a bear market, and not yet rocketing higher like other growth stocks. In fact, Comcast is still 22% undervalued, offering a very safe 2.2% yield and 15% long-term hyper-growth. It's trading at just 13.3x earnings and anti-bubble 8.5 EV/EBITDA.Jan 31, 2022
What is the future of Comcast stock?
Stock Price Forecast The 28 analysts offering 12-month price forecasts for Comcast Corp have a median target of 60.00, with a high estimate of 72.00 and a low estimate of 45.00. The median estimate represents a +26.18% increase from the last price of 47.55.
Is Comcast a good dividend stock?
Comcast Looks Like A Great Dividend Stock In summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. Distributions are quite easily covered by earnings, which are also being converted to cash flows.Feb 13, 2022
How is Comcast doing financially?
Adjusted Net Income increased 34.6% to $4.0 billion . Adjusted EBITDA increased 18.1% to $9.0 billion . For the nine months ended September 30, 2021 , revenue increased 13.4% to $86.0 billion compared to 2020. Net income attributable to Comcast increased 55.2% to $11.1 billion .
Who owns Comcast cable company?
ComcastXfinity / Parent organizationComcast Corporation is an American multinational telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. Wikipedia
Is Verizon a Buy Sell or Hold?
Verizon Communications has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 4 buy ratings, 10 hold ratings, and 1 sell rating.
How often does Comcast pay dividends?
Dividend Summary There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 3.2.
Is Chevron a dividend stock?
In the last 10 years, Chevron has lifted its dividend by approximately 6.2% a year on average.Feb 10, 2022
Why Is Comcast Stock Down?
Why is Comcast stock down 20% from its January peak, even with the slight rebound from its early June low? The latest leg - Tuesday's 2% tumble - was prodded by word that the company wasn't likely to remain in the bidding for most of Fox's properties.
Cord Cutting and Competition
As to the first question, while it's not clear Fox's assets would have been a perfect fit for Comcast, Comcast can't be picky about any help it gets here.
Affordability
As to the question of affordability: although Comcast would have likely been able to raise the money it needed to submit a higher bid, that doesn't mean it should have done so. Moody's was and still is concerned enough to make a point of saying so.
The Last Word
Bear in mind that Comcast may still come back with a higher bid; it's only a rumor that it won't. Only time will tell what Comcast is going to do. The deadline for a new bid is effectively July 27th, when Fox shareholders plan to meet and vote on Disney's offer.
How many internet subscribers will there be in 2020?
Even voice customers are declining, falling by 275,000 subscribers in 2020 to 11.0 million. A rapid jump in high-speed internet customers has been making up for those losses. 2020 saw an increase of 2.0 million internet customers, after a gain of 1.4 million in 2019.
Who is Travis Hoium?
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium. Comcast ( NASDAQ:CMCSA) has been one of the power brokers in the internet and cable business for decades now, and it fortified that position by buying NBC Universal -- along ...
Is SpaceX offering Starlink?
And those products will improve in performance and availability over the next few years. SpaceX is also now offering Starlink, which provides satellite internet with high speeds around the world. For rural customers and customers where Comcast is the only high-speed internet option, Starlink could be a viable competitor.
Is Comcast stock cheap?
Comcast isn't cheap anymore. Comcast stock could have been considered a decent value early in 2020, with a price-to-earnings ratio in the mid-teens. But today the P/E ratio is 23 -- and a big chunk of its business is deteriorating. CMCSA Revenue (TTM) data by YCharts.
Does Comcast have high speed internet?
But I think investors need to take a closer look at high-speed internet. For years, Comcast has faced little to no competition in much of the country for high-speed internet service. Fiber isn't available in most of the country, DSL connections are slower, and cable monopolies in some municipalities keeps competition out.
16 Most Valuable Entertainment Companies in the World
In this article, we are going to list the 16 most valuable entertainment companies in the world. You can skip our detailed analysis of the entertainment industry, and go directly to the 5 Most Valuable Entertainment Companies in the World. Despite being one of the most valuable industries in the world, the global entertainment and […]
Disney World's Top Rival Is Ready to Cash In on Halloween
Halloween is eight weeks away, but don't tell Universal Studios theme park operator Comcast (NASDAQ: CMCSA) that it's too early to go creepy for cash. With locals clamoring for stuff to do (and now a new rival getting in on the scare maze), it's all treats and hopefully no tricks for Comcast's Universal Orlando resort.
Free TV service Locast suspends operations after legal defeat
Locast, a service that streamed local TV for free in about three dozen U.S. cities, suspended its operations Thursday after losses in court against the broadcast industry.
Is Comcast Stock A Buy? Does ViacomCBS Video Streaming Deal Portend Bigger Transaction?
Comcast stock bulls focus on broadband and expectations for improved results at NBCU in 2021. Here’s what fundamental and technical analysis says about buying CMCSA stock.
Analytics firm Amplitude reveals revenue jump in direct listing filing
Analytics firm Amplitude on Monday revealed a 57% surge in revenue for the first half of the year as it filed paperwork with U.S. regulators for a direct listing on the Nasdaq. Amplitude, which plans to list under the ticker symbol "AMPL", had confidentially filed for a direct listing in July.
Wake Up, AMC Stock: Summer Is Ending
Box office receipts for the movie industry this weekend were the lowest in more than two months. It was a cruel summer, but AMC has a box of candy up its sleeve.
From the Vault: How to Negotiate Anything
In this episode of Motley Fool Answers, then-CFO of The Motley Fool (now Managing Director of Motley Fool Ventures), Ollen Douglass, joined host Alison Southwick and contributors Robert Brokamp and Dayana Yochim. Plus, Dayana Yochim shared etiquette for splitting the dinner tab.
How many subscribers did Comcast lose in March?
Comcast's wireless business ended the March quarter with 3.1 million subscribers. It broke even for the first time in terms of earnings before interest, taxes, depreciation and amortization, or EBITDA. However, Comcast lost 491,000 video subscribers in the March quarter, the most ever.
Who founded Comcast?
Ralph Roberts co-founded Comcast in the 1960s. A dual-class stock structure gives the Roberts family control of about a third of the company's voting power. At Wells Fargo, analyst Steven Cahall rates Comcast stock underweight.
Who owns Hulu?
Comcast owns a 33% stake in Hulu. Disney is expected to buy out that stake by 2024 or sooner under an agreement. Analysts say the stake could be worth from $10 billion to $15 billion. The Peacock service is evolving as it compete with Disney and AT&T, noted Harrigan.
Is Peacock streaming on Roku?
The Peacock video streaming service competes with Disney, AT&T's HBO, Netflix ( NFLX) and others. A recently signed deal with Roku is a plus for the Peacock service, analysts say. Roku stock has climbed as it emerges as a big player in video streaming.
