Stock Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast NBCUniversal Awards $49,000 In Scholarships To 40 New Hampshire High School Seniors

[PR Newswire] – CONCORD, N.H., May 25, 2016 /PRNewswire/ — Comcast NBCUniversal today announced that it has awarded $49,000 in scholarships for the 2016-17 school year to 40 New Hampshire students as part of its annual … Read more on this. Comcast Corporation (CMCSA) , valued at $151.94B, started trading this morning at $62.60. During today’s session, CMCSA traded between $61.69 to $63.17 with a one year range of $50.00 to $64.99. CMCSA shares are currently priced at 17.45x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 23.37x earnings multiple. The company pays shareholders $1.10 per share annually in dividends, yielding 1.78%. Consensus earnings for the current quarter by the 25 sell-side analysts covering the stock is an estimate of $0.84 per share, which would be $0.00 worse than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $3.54 which would be a $0.30 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $19.11 Billion. If realized, that would be a 1.97% increase over the year-ago quarter. More recently, Argus upgraded CMCSA from Hold to Buy (Feb 5, 2016). Previously, Sun Trust Rbsn Humphrey Initiated CMCSA at to Neutral. The average price target for CMCSA shares by the analysts covering the stock is $71.00, which is 13.42% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Market Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Awards $190,000 In Scholarships To 180 Pennsylvania High School Seniors Company Update (NASDAQ:CMCSA): Comcast NBCUniversal Awards $105,000 In Scholarships To 96 Massachusetts High School Seniors Company Update (NASDAQ:CMCSA): Comcast Awards $29,000 In Scholarships To Vermont High School Seniors