Market Update (NASDAQ:CMCSA): Comcast and Roku Bring Xfinity TV Partner App to Roku TVs and Roku Streaming Players

[Business Wire] – Comcast today announced a partnership with Roku Inc. that will continue to expand the range of retail devices Comcast’s customers can use to access their Xfinity TV service. Later this year, Xfinity TV customers will be able to enjoy their cable subscription in the home via the new Xfinity TV Partner app designed specifically for Roku® TV™s and Roku streaming players. Read more on this. Comcast Corporation (CMCSA) , valued at $149.06B, opened at $62.60. Looking at today’s market, CMCSA one day range is $61.31 to $62.60 with a trailing 52-week range being $50.00 to $64.99. CMCSA shares are currently priced at 17.69x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.38x earnings multiple for the same period. And for passive income investors, the company pays shareholders $1.10 per share annually in dividends, yielding 1.76%. Consensus earnings for the current quarter by the 25 sell-side analysts covering the stock is an estimate of $0.79 per share, which would be $0.02 worse than the year-ago quarter and a $0.04 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $3.52, which would be a $0.28 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $18.64 Billion. If reported, that would be a 4.43% 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 $69.32, which is 10.73% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Company Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Opens XFINITY WiFi Hotspots to Aid Residents and Emergency Personnel During Houston Flood Recovery Company Update: Comcast Corporation (NASDAQ:CMCSA) – Sridhar Solur Joins Comcast Cable as Senior Vice President, Xfinity Home and IoT Products Stock Update (NASDAQ:CMCSA): Comcast and Earth Networks Bring Big Data Intelligence to Xfinity Home