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Company Update (NASDAQ:CMCSA): Comcast NBCUniversal Awards $105,000 In Scholarships To 96 Massachusetts High School Seniors

[PR Newswire] – BOSTON, May 6, 2016 /PRNewswire/ — Comcast NBCUniversal today announced that it has awarded $105,000 in scholarships for the 2016-17 school year to 96 Massachusetts students as part of its annual Leaders … Read more on this. Comcast Corporation (CMCSA) , with a current market cap of $148.78B, started trading this morning at $60.89. During the trading session, CMCSA traded between $60.61 to $61.35 with a trailing 52-week range being $50.00 to $64.99. CMCSA shares are currently priced at 17.25x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.78x forward p/e ratio. The company pays shareholders $1.10 per share in dividend income per year, for a current yield of 1.80%. 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. 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 predicated on a consensus revenue forecast of $19.12 Billion. If reported, that would be a 2.03% increase over the year-ago quarter. In terms of ratings, Argus upgraded CMCSA from Hold to Buy (Feb 5, 2016). Previously, Sun Trust Rbsn Humphrey Initiated CMCSA at to Neutral. Investors should keep in mind is that the average price target is $70.81, which is 16.29% 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 Company Update (NASDAQ:CMCSA): Comcast Awards $29,000 In Scholarships To Vermont High School Seniors Stock Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA), NBCUniversal and E! to Ring The Nasdaq Stock Market Closing Bell
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