|Bid||0.00 x 1000|
|Ask||633.08 x 1400|
|Day's Range||612.45 - 634.34|
|52 Week Range||345.67 - 635.86|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||60.55|
|Earnings Date||Oct 23, 2020 - Oct 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||640.00|
(CMCSA) shares may have gotten a pop in Tuesday’s trading on the heels of an investment by Trian Partners, but analysts wonder what’s next. Late Monday, it was reported that Nelson Peltz’s Trian had a 0.4% stake in Comcast (ticker: CMCSA). “We have recently begun what we believe are constructive discussions with Comcast’s management team and look forward to continuing those discussions,” a Trian spokesperson said.
On Monday, Sept. 21, The Wall Street Journal reported that Trian Fund Management, an activist investment firm headed by Nelson Peltz, had taken an $870 million stake in Comcast, good for about 0.4% of the company. The news sent Comcast shares up at the end of the day, though shares still finished in the red on a down day for the markets. Comcast shares are up about 2.4% for the year, though still below their January highs.
Charter Communications, Inc. today announced a relaunch of its Remote Education Offer providing free Spectrum Internet – with speeds up to 200 Mbps in most markets – and WiFi access for 60 days to households with K-12th graders, college students and/or educators. The promotion is available for customers who live in a Spectrum market and do not currently have Spectrum Internet services. To enroll, new customers can call (844) 310-1198 and a free self-installation kit will be provided.