Stock Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Business Ethernet Creates 16-Site Network for LifeWorks Northwest

[Business Wire] – Comcast Business today announced that LifeWorks Northwest selected Comcast Business Ethernet to connect 16 of its largest locations throughout Clackamas, Multnomah and Washington counties in Oregon. Read more on this. Comcast Corporation (CMCSA) , valued at $150.46B, opened at $62.01. Looking at today’s trading action, the company’s one day range from $61.99 to $62.48 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 17.62x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -0.38x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.10 per share annually in dividends, yielding 1.75%. According to a consensus of 26 analysts, the earnings estimate of $0.84 per share would be $0.00 worse than the year-ago quarter and a $0.02 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $3.54, which would be a $0.30 improvement when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $19.11 Billion. If reported, that would be a 1.97% 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 by the analysts covering it is $71.19, which is 14.80% above where the stock opened. See more in (NASDAQ:CMCSA) Similar Articles: Company Update (NASDAQ:CMCSA): Comcast Business Expands Fiber Network to City of Manvel Stock Update: Comcast Corporation (NASDAQ:CMCSA) – Comcast Business Looking for Top Florida Startup, Entrepreneur Stock Update (NASDAQ:CMCSA): Comcast Corporation (Nasdaq: CMCSA, CMCSK) and USA Network to Ring the Nasdaq Stock Market Opening Bell