43.25 0.00 (0.00%)
After hours: 4:45PM EDT
|Bid||43.13 x 46000|
|Ask||43.25 x 800|
|Day's Range||42.95 - 43.60|
|52 Week Range||32.08 - 43.96|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||16.39|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||0.84 (2.05%)|
|1y Target Est||47.52|
U.S. cable provider Comcast Corp on Tuesday launched a program to further develop an advertising strategy that better targets audiences, as the TV industry looks to lure more advertisers away from digital players like Facebook Inc and Alphabet Inc's Google. The initiative, called "On Addressability," aims to create standards for addressable advertising, which targets ads to certain households based on their interests. It has so far been done only on a small scale in TV advertising.
Its X1 system is now able to work with existing eye gaze systems that help people with ALS or spinal injuries control devices.
Today, Comcast Advertising, the advertising arm of Comcast Cable, a division of Comcast Corporation (CMCSA), announced the launch of a new initiative called On Addressability. Charter Communications and Cox Media, Cox Communications’ ad division, have joined Comcast Advertising in this effort.
The initiative, called "On Addressability," aims to create standards for addressable advertising, which targets ads to certain households based on their interests. It has so far been done only on a small scale in TV advertising. Comcast said it will partner with two other cable providers, Charter Communications and Cox Media, the ad division of Cox Communications Inc, to pool what they have learnt from offering addressable advertising, help other content distributors do the same, including how to ensure customer data is used in ways that comply with privacy standards.
Cable service provider Comcast (CMCSA) is looking to develop its addressable TV ad strategies, as its management reportedly believes that TV is the best way to cater to a large group of households at once. However, TV as a medium of advertising is lagging due to a lack of data.
Leading US cable company Comcast (CMCSA) has reportedly teamed up with cable service providers Charter Communications (CHTR) and Cox Media, the advertising unit of Cox Communications, to develop its TV advertising techniques amid the growing shift toward digital advertising.
Like many tech players, Comcast is focusing on offering online video streaming services to compete with Netflix (NFLX), Amazon (AMZN), and others, which are attracting traditional cable subscribers with lower video entertainment prices.
(Bloomberg) -- Automakers won control over a choice swath of wireless spectrum 20 years ago on the promise of delivering safety innovations to vehicles.Now, after failing to deliver widespread breakthroughs, they’re at risk of losing those frequencies to Comcast Corp. and other cable companies that say they can use them to offer robust Wi-Fi links to subscribers.The years-long struggle between the industries is nearing an inflection point, with Federal Communications Commission Chairman Ajit Pai signaling he may consider new uses for the airwaves. Pai could announce as early as Tuesday that he’ll schedule a vote to re-examine the allocation at the commission’s meeting next month.“The spectrum, for 22 years, has not reached its highest valued use, and that’s part of the reason why I think it’s important to have an open conversation,” Pai said at a Senate hearing last week. “I’m not saying what the answer should be, I’m simply saying let’s ask the questions that would enable us to have an informed conversation.”That conversation has already kicked off a flurry of activity by stakeholders. A team at Ford Motor Co. gave Pai a ride in a specially outfitted F-150 pickup truck earlier this month. The idea was to demonstrate the technology that could, for example, warn of a scooter’s approach or judge when it’s safe to enter an intersection.“Grateful to Ford for showing us a glimpse of the future,” Pai said in a tweet after his parking-lot spin. “It’s important to have an open conversation about the future of this band” of airwaves.Ford and other carmakers including BMW AG and Toyota Motor Corp., don’t want to lose the rights they gained in 1999 from the FCC for a system designed to link cars, roadside beacons and traffic lights into a seamless wireless communication web to avoid collisions and heed speed limits.Yet after nearly two decades, deployments have been few. An Obama administration proposal to mandate the technology in new cars has been left to languish under the deregulatory agenda pursued by President Donald Trump. General Motors Co. introduced the first factory-equipped model, a Cadillac sedan, just two years ago. And in April, Toyota scrapped plans to equip its cars with the systems starting in 2021.Now even automakers are moving away the original system, and see greater promise in a newer method based on cellular radios -- the system in the F-150 that Ford showed off for the FCC’s Pai. Ford plans to begin equipping all of its U.S. vehicles with the systems starting in 2022.That is an issue for carmakers as the 1999 allocation of airwaves by the FCC locked them into the system envisioned then. They need new rules to use a cellular system, which is backed by several companies including Ford, Audi AG and gear maker Qualcomm Inc.Ford, in a statement, said it is “critical” for the FCC to allow the newer, cellular-based method to use the airwaves because it will become the dominant technology to connect vehicles, infrastructure and pedestrians.Cable providers have pounced, characterizing the currently mandated system as fostering “two decades of stagnation.”They’ve called for ending carmakers’ exclusive rights to the frequencies at 5.9 GHz and allocating all or most of the band to the Wi-Fi systems that carry web traffic for most cable customers.Some consumer groups agree. They include the Consumer Federation of America, the American Library Association, Public Knowledge and the Open Technology Institute at New America.“The best outcome for consumers is to move vehicle safety signaling to a different set of frequencies and allow next generation Wi-Fi to use 5.9 GHz,” Michael Calabrese, director of the Wireless Future Project at the Open Technology Institute, said in an email.Pai controls the FCC’s agenda, and his impatience ushers in a moment of promise -- and peril.“We could maintain the status quo” but “I am quite skeptical that this is a good idea,” Pai said in a speech last month to a gathering that celebrated the Wi-Fi signals used for connections in hotel lobbies, coffee shops and homes.Pai said it would take a formal rulemaking to allow greater Wi-Fi use of the swath, or to let automakers exploit the band for the cellular safety system.Skepticism has arisen within the Trump administration. Transportation Secretary Elaine Chao telephoned Pai to urge the FCC not to use its June meeting to commence its consideration of the airwaves, according to one official briefed on the matter who spoke on condition of anonymity because the conversation wasn’t public.While Transportation Department officials haven’t advanced the previous administration’s proposed mandate, they want autos to hold onto the airwaves.“Preserving the spectrum for transportation safety, which can save lives, is probably more important than slightly faster Wi-Fi,” Derek Kan, the Transportation Department’s undersecretary for policy, said in an interview June 3.To contact the reporters on this story: Todd Shields in Washington at firstname.lastname@example.org;Ryan Beene in Washington at email@example.comTo contact the editors responsible for this story: Jon Morgan at firstname.lastname@example.org, Elizabeth Wasserman, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Comcast (CMCSA) stock rose 1.5% on Friday and closed at $42.30 after Rosenblatt Securities initiated coverage on the cable giant's stock with a “buy” rating and $50 price target. Here's why Rosenblatt analyst Bernie McTernan is bullish on Comcast stock.
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Comcast today launched a feature that gives people with physical disabilities like spinal cord injuries or amyotrophic lateral sclerosis (ALS) the ability to navigate their television using only their eyes. Xfinity X1 eye control is a web-based remote for tablets and computers that pairs with an existing eye gaze system and allows viewers to change the channel, set a recording, search for a show and more, all with a glance.
Comcast Corp NASDAQ/NGS:CMCSAView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for CMCSA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CMCSA. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CMCSA totaled $85.06 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. CMCSA credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
“Shark Tank” star Kevin O’Leary knows how startup businesses succeed — or fail. Most businesses make it past that crucial first year by finding investors while controlling costs tooth and nail. If only retirement investment advice had that same approach.
Disney and Comcast are near buy points after holding up well in the stock market correction. Cadence Design Systems, Estee Lauder and TransDigm also are near breakouts from shallow bases.
climbed 1.5% to $42.30 Friday after Rosenblatt Securities initiated coverage of the cable and media giant with a buy rating and a $50 price target. McTernan said that Comcast has grown total broadband subscribers over the past five years by about 1.5 million, benefiting from end market growth and taking share from DSL operators. "We think the company still has substantial growth in front of them over the next five years, although at a slower pace relative to the past five years," McTernan wrote.
Until April, Disney (NYSE:DIS) shares hadn't done much of anything for some time. In fact, the Disney stock price had been rangebound for nearly four full years. Over that period, the equity traded mostly between $100 and $120.Source: Shutterstock One of the key factors keeping a lid on DIS stock was ESPN. Fears about "cord-cutting" began to mount. Moreover, with ESPN networks receiving something like $9 per month per subscriber from cable and satellite operators, the risk to revenue and profits was obvious.Meanwhile, Disney's Cable Networks segment -- driven mostly by ESPN -- generated 46% of the company's total profit in fiscal year 2015. The importance of ESPN to overall profits, and the risks it faced created a serious issue for Disney stock, as I wrote back in 2017. And that issue clearly kept many investors on the sidelines and prevented the Disney stock price from rising.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Quality Cheap Stocks to Buy With $10 DIS stock did break out in April, when the company announced plans for its Disney+ streaming service. Disney stock gained 20% in a matter of weeks. But it has since returned to trading sideways. Even with streaming, ESPN remains an important part of the story here. And it's likely to become a point of investor focus again at some point in the future. ESPN StrugglesCable Networks operating income peaked at $6.79 billion in fiscal 2015. Since then, it has fallen steadily. Profits fell 12% in FY2016, 10% the following year, and 4% in FY2018.The news has been better this fiscal year, with just a 1% decline in the first two quarters. This includes a 2% increase in Q2. Still, the pressure has been significant: the Cable Networks segment alone has lost nearly $1.7 billion in profit over the past fourteen quarters, a 25% decline.Most of the pressure likely is coming from ESPN. The subscriber base for ESPN and ESPN2 has shed 12 million subs since FY2011. The Disney Channel has seen subscriber losses domestically but has grown its international reach by nearly 50% over that stretch. Freeform, a unit of Disney Media Networks, likely contributes a small amount of total revenue.What's worrisome, even with decent results so far this year, is that the pressure is likely to accelerate. ESPN+, the network's streaming option, is priced at just $4.99 per month: that's likely about half the company's affiliate fees from companies such as Comcast (NASDAQ:CMCSA), and DISH Network (NASDAQ:DISH). Those affiliate fees are going to be renegotiated in coming years. Furthermore, ESPN faces an uphill battle attempting to get more money out of cable companies dealing with their own subscriber issues.Advertising revenues are falling as well, along with viewership. Cable Networks ad sales dropped 6% in fiscal 2018, per the 10-K. Both revenue streams are at risk, which means ESPN profits are likely to keep declining. ESPN (Still) Matters to the Disney Stock PriceThe good news is that ESPN is less important to Disney than it used to be. While Cable Networks generated 46% of profit in fiscal 2015, three years later the figure was just 33%. With the acquisition of assets from Twenty-First Century Fox, the proportion should shrink even further.Still, ESPN probably will drive something like 20% of total earnings this year, even pro forma for Fox. And those earnings -- as even CEO Bob Iger has admitted -- are going to see pressure in coming years. Disney will increase spending for Disney+ while also losing high-dollar licensing revenue from content it's pulling back from Netflix (NASDAQ:NFLX).Continued declines at ESPN will only add further pressure to the bottom line in the meantime. And those pressures matter from a valuation standpoint. Investors are not willing to pay much for media stocks. Valuations at AMC Networks (NASDAQ:AMCX), CBS (NYSE:CBS), and Viacom (NASDAQ:VIA, NASDAQ:VIAB) confirm this point.At 21-times FY2020 earnings-per-share estimates, DIS stock isn't exactly cheap. Given that a quarter of the business probably would be valued at maybe 10-times on their own, that in turn suggests the rest of the business is dearly valued. These segments also need to generate quite a bit of growth.To be sure, the parks and studio segments probably should be highly valued: they're hugely desirable businesses (the ability of Disney's parks to take pricing is astounding). But the implied values on those businesses suggest a limit on Disney's overall multiples. This also places a recurring lid on the Disney stock price. Will DIS Stock Stay Rangebound Again?And so, it seems possible, if not likely, that DIS stock could return to its rangebound ways. Streaming optimism is dominating the story now. It likely will continue to dominate the headlines once Disney+ officially launches later this year.But from there, investor attention probably returns to some of the currently less-covered aspects of the Disney story. Unfortunately, that includes ESPN. As we saw for years, that's not a great thing for DIS stock.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post Amid Streaming Optimism, ESPN Still a Major Concern for Disney Stock appeared first on InvestorPlace.
Pluto TV is expanding its free streaming television platform to Comcast’s Xfinity X1 set-top cable box.
Comcast Corporation will host a conference call with the financial community to discuss financial results for the second quarter on Thursday, July 25, 2019 at 8:30 a.m. Eastern Time .
Leaders and Achievers Scholarship Program Recognizes Students' Achievements Both In and Out of the Classroom HARTFORD, Conn. , June 12, 2019 /PRNewswire/ -- Comcast NBCUniversal today announced that it ...