Market Update (NASDAQ:CMCSA): Comcast Customers in the Twin Cities to Benefit from Unprecedented Investments and Innovation

[Business Wire] – Comcast customers in the Twin Cities will benefit from an unprecedented level of investments and innovations by the company in both residential and business services. The company today announced it will expand its Twin Cities infrastructure, deliver new products and services, and bring customers an even greater level of reliability and choice. Read more on this. Comcast Corporation (CMCSA) , valued at $151.71B, started the session at $62.55. Shares have traded today between $62.49 and $62.86 per share with the price of the stock fluctuating between $50.00 to $64.99 over the last 52 weeks. Comcast (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 for the same period. And for income investors, the company pays shareholders $1.10 per share annually in dividends, yielding 1.78%. In a review of the consensus earnings estimate this quarter, 25 sell-side analysts are looking at $0.84 per share, which would be $0.00 worse than the year-ago quarter and a $0.02 sequential decrease. Investors should also note that the full-year EPS estimate of $3.54 is a $0.30 improvement when compared to the previous year’s annual results. 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. When considering if the stock is under or overvalued, the average price target is $71.00, which is 13.51% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Market Update: Comcast Corporation (NASDAQ:CMCSA) – ‘L&N STEMpunks’ Win the 2016 Media & Technology Innovation Award Sponsored by Comcast NBCUniversal Stock Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Introduces New Internet Tiers For No Additional Cost For Majority Of California Customers Market Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA, CMCSK) and Syfy to Ring The Nasdaq Stock Market Opening Bell