CMCSA - Comcast Corporation
| Previous Close | 42.43 |
| Open | 42.26 |
| Bid | 41.93 x 1300 |
| Ask | 41.94 x 3200 |
| Day's Range | 41.85 - 42.40 |
| 52 Week Range | 30.43 - 42.83 |
| Volume | 5,425,641 |
| Avg. Volume | 19,264,280 |
| Market Cap | 189.796B |
| Beta (3Y Monthly) | 1.06 |
| PE Ratio (TTM) | 16.58 |
| EPS (TTM) | 2.53 |
| Earnings Date | Apr 25, 2019 |
| Forward Dividend & Yield | 0.84 (2.10%) |
| Ex-Dividend Date | 2019-04-02 |
| 1y Target Est | 44.93 |
- American City Business Journals•21 minutes ago
Comcast hit with (yet another) lawsuit from TiVo
TiVo is continuing its extensive legal battle against Comcast. Rovi Corp., which merged with TiVo in 2016, filed a new complaint against the Philadelphia-based media giant, alleging once again Comcast is infringing on patents related to cloud and multi-room DVR functions. The complaint is the latest in a long line of legal maneuvers TiVo (NASDAQ: TIVO) has pursued in the past three years to try and get Comcast to pay licensing fees on DVR-related technology, which brought in $250 million from 2004 to 2016.
- American City Business Journals•2 hours ago
WarnerMedia leaves TV ad-buying consortium
AT&T;'s Turner helped to form ad-buying group OpenAP in 2017; now AT&T; and WarnerMedia are out of the consortium.
Market Realist•2 hours agoCenturyLink: Expected Earnings Growth in Q1
CenturyLink: What to Expect from Its Q1 Earnings(Continued from Prior Part)CenturyLink’s EBITDA growth For the first quarter, analysts expect that CenturyLink (CTL) will report an adjusted EBITDA of $2.21 billion. CenturyLink’s first-quarter
- Market Realist•4 hours ago
What to Expect from CenturyLink’s Q1 Revenues
CenturyLink: What to Expect from Its Q1 Earnings(Continued from Prior Part)CenturyLink’s first-quarter revenues For the first quarter, analysts expect CenturyLink (CTL) to post total revenues of $5.71 billion, which represents an ~4.0% fall from
- Market Realist•4 hours ago
Did the T-Mobile–Dish Rivalry Just Reach a Boiling Point?
Will the T-Mobile–Sprint Merger Deal Survive?(Continued from Prior Part)T-Mobile is paying Dish customers to defect The launch of T-Mobile’s (TMUS) TVision streaming TV service this month shows that T-Mobile is moving to diversify its business
- Zacks•4 hours ago
Rogers Communications (RCI) Misses on Q1 Earnings, Revenues
Rogers Communications (RCI) first-quarter 2019 results hurt by a decline in Wireless equipment and Media revenues.
- Zacks•5 hours ago
Nokia (NOK) to Report Q1 Earnings: What's in the Offing?
Nokia (NOK) is likely to report lower y-o-y revenues in Q1 due to risks arising from delay in project timings and deliveries despite ramp up of 5G deliveries, particularly in North America.
- Market Realist•5 hours ago
CenturyLink’s Earnings Growth Might Continue in Q1
CenturyLink: What to Expect from Its Q1 EarningsCenturyLink’s earnings CenturyLink (CTL) is scheduled to report its first-quarter earnings results on May 8. Analysts expect CenturyLink’s adjusted EPS to reach $0.27 in the first quarter—compared
- Market Realist•5 hours ago
T-Mobile Opens a Brand New Revenue Stream
Will the T-Mobile–Sprint Merger Deal Survive?(Continued from Prior Part)TVision starts at $90 per month This month, T-Mobile (TMUS) launched its long-anticipated TV service, diversifying into the TV subscription market and opening another revenue
- InvestorPlace•10 hours ago
Sale of Hulu Stake Makes the Streaming Future of AT&T Unclear
In retrospect, AT&T (NYSE:T) arguably should have sold its minority stake in Hulu back to its majority owners long ago. With less than 10% equity in what was essentially an experimental competitor to Netflix (NASDAQ:NFLX), Hulu didn't mean enough to owners of AT&T stock to truly matter. * 10 S&P 500 Stocks to Weather the Earnings Storm Instead, it waited until its partners had become competitors to pull the trigger, leaving it behind those competitors in the process.Regardless of the timing, it's now happened. AT&T has sold the Time Warner sliver of Hulu back to its majority owner Walt Disney (NYSE:DIS) and larger-minority owner Comcast (NASDAQ:CMCSA), pocketing roughly $1.5 billion for its share.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's hardly the end of AT&T's streaming ambitions, though. If anything, it's closer to the beginning of a home-grown streaming video platform.The foreseeable future of that ambition, however, looks like a rocky one. Going SoloTake a closer, careful look at the streaming video landscape and you'll recognize that partnerships are falling out of favor, and integrated top-down solutions are becoming the preferred means of penetrating the market.Hulu was, of course, the quintessential partnership in the business, melding content from Disney, Time Warner and Comcast's NBCUniversal. It fared reasonably well too, reaching 25 million subscribers as of the end of last year. That's still a distant second to Netflix's 139 million paying members, but far better than any rival operating in the same space.Hulu wasn't built to last, though. Too many cooks, or chiefs, and schools of thought to do the collective any good.Disney's upcoming official launch of its standalone streaming service Disney+ validates the idea that media and entertainment companies feel they're better served doing their own thing, though the fact that Netflix and CBS have also bet heavily on the creation of content sold directly to consumers underscores the idea. Indeed, even Time Warner's HBO offers a standalone streaming option, and Comcast's NBCUniversal reportedly has one in the works.By virtue of bowing out of the Hulu consortium -- not that it had much choice -- AT&T's Time Warner has sloughed off a potential confusion of interests and freed the company to focus on its own Netflix competitor.It's still behind the eight ball, though. Work to Do AheadIt's a development that's not exactly surprising to AT&T stock owners.In March, the organization shook up its management ranks to name former NBC Entertainment chairman Robert Greenblatt as chairman of WarnerMedia's entertainment and streaming businesses. The shakeup also included resignations from HBO's head Richard Plepler and Turner's president David Levy.The changes, according to AT&T, facilitate "agility and flexibility," which isn't difficult to interpret as a shift toward direct-to-consumer options.AT&T is already in that business, to be clear, but hardly thriving. Streaming service DirecTV Now actually lost 267,000 customers last quarter, which was the first net subscriber loss the platform has logged since launching in late 2016. A Time Warner-branded service might fare better, by costing less, which can be made possible by limiting its library of content to just the video consumers want from the company.That's easier said than done, howver. As Hollywood Reporter's critic Tim Goodman pointed out following word that AT&T was exiting its Hulu stake:"Nobody outside of this town -- and hell, many right inside of it -- can really tell you what the hell WarnerMedia is or has, which is not a problem that Netflix, Amazon, Hulu or Disney+ currently grapple with. So, congratulations, WarnerMedia, you're only slightly more mysterious than Apple+, which, for better or worse, is trying to be mysterious on purpose."He's right.And, that's going to be a major headache for a player that's essentially entering the streaming race already in sixth place.In the meantime, pulling the company away from strategizing its branding is the sheer demand for more video content than the company currently produces."They want a lot more content coming out of Warner," said CFRA Research analyst Keith Snyder, adding, "That's going to help them launch the streaming service and go up against Disney. They really need to start generating more content… [the] reorganization is aiming at that more than anything."It's all going to be a lot more work, and complicated, than participation in the Hulu partnership was. Looking Ahead for AT&T StockIt remains to be seen how the market will view the company's next steps down this inevitable path, primarily because it's not even clear the company itself has looked that far down the streaming video path ahead.One matter is clear, however. That is, much work remains to be done, and AT&T isn't looking especially well-positioned. * 7 No-Load Mutual Funds to Buy That's not to suggest AT&T stock is unownable here, or that a Time Warner streaming app can't be competitive. It is to suggest, however, that an awful lot of questions remain regarding exactly how AT&T is going to stand out in an increasingly crowded streaming video industry when most consumers still don't recognize the brand the way they do Netflix, CBS or Disney.As of this writing, James Brumley held a long position in AT&T. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Sale of Hulu Stake Makes the Streaming Future of AT&T Unclear appeared first on InvestorPlace.
- TheStreet.com•yesterday
Comcast Regains Its Swagger in a Brutal New Era of Streaming
The Philadelphia company barely got a mention in the recent hubbub over the Disney Plus and Apple TV streaming reveals. Let me give you the bull case for Comcast. Customers have a love/hate relationship with the cable TV industry.
Yahoo Finance•3 days agoWhy it's so hard for some Americans to get high-speed internet
Many Americans outside of cities can't get access to high-speed internet.
- Market Realist•3 days ago
Why AT&T Isn’t Selling HBO
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)HBO EuropeAT&T (T) said this month that it’s not planning to sell its HBO business in Europe, contrary to media reports. The Financial Times reported that
- American City Business Journals•3 days ago
Hard Rock Cafe Orlando to stick around longer at Universal's CityWalk
The music will continue to play at Universal Orlando Resort for another 20 years. Hard Rock International renewed a lease with Universal Orlando Resort to keep its Hard Rock Cafe location at CityWalk through 2039. The cafe, one of more than 185 globally, is a signature attraction for the CityWalk entertainment district at Universal Orlando.
Market Realist•3 days agoWhy Netflix Anticipates Soft US Subscriber Growth
Netflix Beats Analysts’ Q1 Estimates, Weak Guidance Disappoints(Continued from Prior Part)Competition grows for Netflix Netflix (NFLX) has been struggling to grow its US paid subscriber base for several quarters. In the first quarter, Netflix
- Market Realist•3 days ago
What Did AT&T Earn from the Sale of Its Hulu Stake?
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)AT&T received $1.4 billion from the sale of its Hulu stake AT&T (T) netted more than $1.4 billion from the sale of its stake in video streaming provider Hulu.
- Market Realist•3 days ago
A $600 Million Investment Is about to Yield $1.4 Billion for AT&T
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)AT&T sold its stake in HuluAT&T (T) announced recently that it had sold its minority stake in Hulu. Through its acquisition of WarnerMedia, AT&T came to
- Market Realist•3 days ago
Should Comcast Sell Its Stake in Hulu to Disney?
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu’s ownership Hulu has been changing hands amid rising consolidation in the media industry due to cord-cutting and the growing popularity of online video streaming
- Motley Fool•4 days ago
New Competition Won't Stop Netflix From Raising Its Prices
Management doesn't think new big-name competitors will change much for the company.
Market Realist•4 days agoNetflix Stock Drops despite Positive Q1 Results
Netflix Beats Analysts’ Q1 Estimates, Weak Guidance DisappointsNetflix in Q1The world’s largest video streaming service provider, Netflix (NFLX), announced impressive first-quarter results after the closing bell on April 16, beating Wall
- InvestorPlace•4 days ago
Netflix Earnings Fuel the Battle Over NFLX Stock
Everyone should be happy with Netflix (NASDAQ:NFLX) earnings. Proponents and skeptics alike should see the report as confirming their case. The trading in Netflix stock seems to reflect that: NFLX has moved around, but as of this writing is down just 1% after gaining 3% heading into the release.Source: Vivian D Nguyen via Flickr (Modified)I personally have taken both sides of the trade. I called Netflix stock the best contrarian bet in tech during the market-wide selloff late last year. And I backed off that call in February, after a big bounce and amid rising competition.The Q1 report isn't enough to move me strongly into either the bull or bear camp. And I suspect that will be true for those investors who more ardently have chosen a side.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Netflix Earnings NumbersFundamentally, Q1 looks like a "good news, bad news" type of quarter. Overall, results were excellent. Adjusted earnings per share of 76 cents came in 19 cents ahead of consensus. Revenue of $4.52 billion snuck just ahead of the average estimate of $4.5 billion. * 7 Stocks to Buy for Spring Season Growth Guidance for the second quarter, however, was a bit disappointing. Particularly, Q2 EPS was well below expectations, with the company targeting 55 cents against consensus of 99 cents.The same Q1/Q2 split is seen in the subscriber figures, which I've long argued remain the most important metric here. Q1 figures were impressive: Netflix picked up a record 9.6 million subscribers worldwide, exceeding consensus expectations for both U.S. and international growth. In turn, Q2 numbers look somewhat disappointing: subscriber adds in the five million range would actually slow year-over-year, and are about half a million shy of Wall Street estimates.Overall, the first half -- assuming guidance is reasonably correct -- looks to be about what should have been expected. The question is whether that's a good thing for Netflix stock. Shares, after all, have gained 34% this year. Everybody Wins With NFLX StockWith a balanced set of pros and cons, traders from all angles are eager to digest the earnings data.Bulls on Netflix stock will see the report as confirming their thesis that Netflix can, and will, dominate media worldwide. Again, the company added almost 10 million subscribers in just three months. In the seemingly saturated U.S. market, NFLX picked up another 1.74 million subscribers, net. AT&T (NYSE:T) unit DirecTV Now closed 2018 with 1.4 million subscribers, total.Q2 profit margins do look disappointing, but the company reiterated a healthy 13% operating margin target for the year. And as the shareholder letter noted, the company still is working through price increases not just in the U.S., but Brazil, Mexico and some European countries.Those increases clearly aren't slowing subscriber growth, let alone shareholder numbers. Ultimately, they should help margins further in coming quarters.Netflix bears have some ammunition as well. Competition is on the way, most notably from Disney (NYSE:DIS), whose launch of a new (cheap) streaming service was well-received last week. Disney now has majority ownership of Hulu as well, while Amazon.com (NASDAQ:AMZN) still lurks.Subscriber growth for Q2 is disappointing. The 13% operating margin target requires improvement in the second half. And as bears like to point out, Netflix is burning cash as it develops its content. In fact, the company raised its cash burn target for the year by $500 million, to roughly $3.5 billion.Against a $157 billion market capitalization, that cash burn seems dangerous, to say the least. It suggests that Netflix is buying its subscriber growth. When that "opportunity" fades -- perhaps with help from Disney and Hulu -- its user base will start to shrink. That might spell trouble for NFLX stock. On the Sidelines With Netflix StockFrom here, the report simply isn't quite enough to materially change the case for NFLX. The arguments about cash flow seem somewhat short-sighted: Netflix is investing in content that will pay off for years to come, and simply paying the cost upfront.Plus, near-term cash flow would be much stronger were it just to license content from Disney, AT&T's WarnerMedia and Comcast (NASDAQ:CMCSA) unit NBCUniversal, and other providers. But the long-term costs would be higher: Netflix would be paying licensee fees in 2026 and 2032 that it won't have to on its own content.However, valuation here is intense.Even with Disney stock soaring of late, Netflix's market cap is about two-thirds that of its ostensible rival. NFLX stock trades at 57x 2020 EPS estimates. It's not cheap, or even close. And we saw in Q4 how NFLX responds if market fears rise.Netflix is an interesting investment, and I see the story as likely to hold for the long-term. But price matters, and unless its earnings wind up leading to a larger decline, Q1 results weren't enough to make Netflix stock compelling just yet.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Netflix Earnings Fuel the Battle Over NFLX Stock appeared first on InvestorPlace.
- InvestorPlace•4 days ago
Here’s the Real Reason Why I Bought AT&T Stock
Big, boring AT&T (NYSE:T) recently made a splash, selling its minority stake in streaming video site Hulu. AT&T stock gained 0.7% on the news.Source: Shutterstock Thanks to its Time Warner deal, the telecom giant received a 9.5% stake in Hulu, which it sold earlier this week for $1.43 billion. That values the streaming firm at around $15 billion.Source: Shutterstock Of course, those happiest about the sale are Disney (NYSE:DIS) and Comcast (NASDAQ:CMCSA). They own approximately 60% and 30% of Hulu, respectively.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Dividend Stocks Perfect for Retirees The divestment has several positive consequences for T stock. For years, critics have complained that the debt of the telecom firm is excessive. The sale was a small, but important, step towards streamlining the massive company and lowering its debt.Following the Time Warner buyout, AT&T owns a very enviable content portfolio. This includes among many other brands, HBO. During last year's Emmys, HBO was the only network whose performance was comparable to that of Netflix (NASDAQ:NFLX).Therefore, it only makes sense that AT&T would dump Hulu and focus on its own streaming endeavors. That strategy will be meaningfully positive over the longer term for the T stock price.However, is that enough to get me excited about AT&T stock? I think the move demonstrates management's seriousness about resolving the company's pressing financial issues. Still, the sale of the Hulu stake alone won't make or break anyone's approach toward AT&T stock.Two months ago, I mentioned to readers that I was very interested in the company, enough to buy shares of AT&T stock. There were three main reasons for my decision: the company's network moat, 5G and content streaming, and the high dividend yield of T stock. The T stock price has moved higher since then.But I'm bullish on AT&T stock for a much more fundamental reason. AT&T Stock Is Part of the U.S. GovernmentTake a look around the internet and you'll find a common criticism of AT&T stock. It's the d-word I mentioned before, and I'm not talking about dividends. Rather, I'm referring to the excessive debt load that threatens to undermine everything that the company's management has planned.If AT&T was a "normal" company, I would certainly be worried. After all, carrying nearly $170 billion of debt isn't anything to make light of.Moreover, a number of analysts have pointed out that better investments than AT&T stock exist. There's a telecom firm that has better growth metrics, higher earnings potential, and a stable balance sheet. Those are true statements, but very few companies have the practical, structural stability of AT&T.Specifically, AT&T is essentially a branch of the U.S. government. Want proof? Look at the multi-billion dollar federal contract that the company won to develop a nationwide broadband network for emergency responders. That's a highly sensitive responsibility that no other telecom firm has come close to matching.But this bullish thesis on T stock goes beyond national-security concerns. In order for us as a country to stay competitive in this century, we must invest vigorously in artificial intelligence and other automated technologies. To actualize this technological potential, the U.S. requires a viable telecom network.The digitalization of everything, or the Internet of Things, obviously requires data transfers across wireless networks. So however one may feel about AT&T, its infrastructure and vast networks are pivotal to our digital and automated success.Thus, I don't think the traditional metrics used to assess publicly-traded companies work with AT&T stock. That's because the government won't let it fail because AT&T is almost part of the government. Keep Expectations for T Stock in CheckGenerally speaking, I believe that AT&T stock is a safe investment. However, that doesn't mean investors can't lose money on T stock. Therefore, I don't recommend that people buy T stock with reckless abandon.What I'm trying to convey is that AT&T stock isn't your average, everyday investment, since it has $170 billion of debt. But our country is indebted to the tune of $22 trillion. Both numbers are significant, but they don't automatically spell doom.AT&T's balance sheet looks awfully risky. However, AT&T is one of those companies that are too big and important to fail. So as long as you keep your expectations in check, T stock should do very well for you.As of this writing, Josh Enomoto is long AT&T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Hereas the Real Reason Why I Bought AT&T Stock appeared first on InvestorPlace.
- Zacks•4 days ago
Comcast (CMCSA) Reports Next Week: Wall Street Expects Earnings Growth
Comcast (CMCSA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Market Realist•4 days agoHow Disney Can Help Hulu Gain More Subscribers
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu subscribers Hulu has added 8 million subscribers since January 2018 and has added nearly 22 million subscribers since January 2012. At the end of 2018, Hulu had 25
Market Realist•4 days agoHow Disney Is Working to Enhance Hulu
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu’s investment in original contentHulu has spent billions of dollars on original content to build its subscriber base amid competition from streaming giants like
