Stock Update (NASDAQ:CMCSA): Wawa and Comcast Team Up to Deliver Free Wi-Fi at More Than 700 East Coast Locations

[Business Wire] – Starting today, people who visit the more than 700 Wawa stores in Delaware, Florida, Maryland, New Jersey, Pennsylvania and Virginia will have access to free Wi-Fi, thanks to a new collaboration between the company and Comcast. Read more on this. Comcast Corporation (CMCSA) , with a current value of $147.91B, opened at $61.02. Looking at today’s market, CMCSA one day range is $60.99 to $61.56 with its 52-week range being $50.00 to $64.99. CMCSA shares are currently priced at 17.33x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.09x earnings multiple. The company pays shareholders $1.10 per share annually in dividends, yielding 1.80%. 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 $0.03 sequential decrease. The full-year EPS estimate is $3.52 which would be a $0.28 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $18.64 Billion. If realized, 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. The average price target for CMCSA shares is $69.36, which is 13.67% above where the stock opened this morning. See more in (NASDAQ:CMCSA) Similar Articles: Market Update: Comcast Corporation (NASDAQ:CMCSA) – Noopur Davis Joins Comcast Cable as Senior Vice President, Product Security and Privacy for the Technology and Product Team Stock Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA, CMCSK) and USA Network to Ring the Nasdaq Stock Market Opening Bell Market Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA, CMCSK) and Syfy to Ring The Nasdaq Stock Market Opening Bell
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