CMCSA - Comcast Corporation
| Previous Close | 42.57 |
| Open | 42.74 |
| Bid | 42.48 x 2900 |
| Ask | 42.60 x 1300 |
| Day's Range | 42.04 - 42.83 |
| 52 Week Range | 30.43 - 42.83 |
| Volume | 13,099,299 |
| Avg. Volume | 19,403,614 |
| Market Cap | 192.036B |
| Beta (3Y Monthly) | 1.06 |
| PE Ratio (TTM) | 16.77 |
| 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 |
- Motley Fool•4 hours 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•9 hours 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•10 hours 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•14 hours 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•14 hours 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•14 hours 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•16 hours 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
- Market Realist•17 hours ago
Can Hulu Recover from Losses?
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)HuluHulu was jointly owned by Walt Disney (DIS), Comcast (CMCSA), 21st Century Fox, and AT&T (T). The acquisition of Fox assets last month gave a controlling stake of
- Motley Fool•17 hours ago
Have Cable Companies Hit a Tipping Point?
Gains in broadband subscriptions may no longer be able to make up for losses in pay television.
- American City Business Journals•18 hours ago
Philadelphia Flyers COO resigns
Philadelphia Flyers Chief Operating Officer Shawn Tilger resigned from his position after more than two decades with the team and parent company Comcast Spectacor, the Sports Business Journal reports. The Sports Business Journal said Tilger could not be reached for comment but that Comcast Spectacor confirmed Tilger’s departure without commenting further In addition to his COO role, Tilger also served as an alternate governor for the Flyers on the NHL Board of Governors, as well as the governor of the National Lacrosse League Philadelphia Wings, which Comcast Spectacor relaunched last year.
- TheStreet.com•19 hours ago
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.
Reuters•19 hours agoU.S. antitrust scrutiny tests T-Mobile's $26 billion bet on Sprint
Growing skepticism from the U.S. Department of Justice's antitrust staff over the impact of the merger on competition in the market will test the resolve of the companies to complete the deal that would see the top U.S. wireless carriers shrink to three from four. While the Department of Justice has yet to reach a decision on whether to approve the deal, it is pushing Sprint and T-Mobile for evidence that the merger would be in the interest of U.S. consumers, people familiar with the matter said this week.
- Zacks•yesterday
Comcast (CMCSA) Gains As Market Dips: What You Should Know
Comcast (CMCSA) closed the most recent trading day at $42.57, moving +1.43% from the previous trading session.
- American City Business Journals•yesterday
Three big Denver office tenants move up into new space in Q1, while 3 others downsize
Brokerage firm expects that 2019 activity will pick up as larger tenants who have signed a lease start to occupy their space.
- American City Business Journals•yesterday
Fyre alarm: Netflix, Hulu may get subpoenaed over festival documentaries
The failed event’s bankruptchy trustee sought subpoenas to find out whether the streaming companies paid for footage used in the films that was an asset of the company.
- American City Business Journals•yesterday
Comcast, T-Mobile's first-of-its-kind feature to fight robocalls is here
Comcast completed the first test of a cross-network verification with AT&T; in March, but T-Mobile is the first to put it in action, the wireless company said.
- American City Business Journals•yesterday
Comcast's NBCUniversal reveals 'transformative' new deal ahead of 2028 Olympics in L.A
After brands' existing Olympic sponsorships expire in 2020, NBCU will be the central point for inking new ones.
- Business Wire•yesterday
FreeWheel and A+E Networks Partner to Pilot Unified Video Ad Management Platform Across Direct Sold and Programmatic Demand
Today, FreeWheel, A Comcast Company (CMCSA), announced its partnership with A+E Networks, a global content company comprised of some of the most popular and culturally relevant brands in media including A&E®, Lifetime® and HISTORY®, to pilot their unified ad decisioning engine that will allow buyers and sellers to seamlessly transact across both direct sold and programmatic, marketplace-generated advertising demand. This has led to clashes and conflicts between the two sales channels – resulting in pricing conflicts, TV-compliance issues and negative user experience impacts. FreeWheel’s unified decision engine allows A+E Networks to holistically consider the full pool of demand, including direct sold buys, and optimize across all business rules and requirements.
- Market Realist•2 days ago
How Is Hulu Placed in the Streaming Industry?
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu faces competition in the streaming space Hulu faces stiff competition from streaming giants like Netflix (NFLX), Amazon (AMZN) Prime, AT&T’s (T) HBO Now, and
- American City Business Journals•2 days ago
NBCU, LA 2028 to combine Olympic media, sponsorship sales
NBCUniversal is making a “significant financial commitment to LA 2028” as part of a move that will see the two organizations.
- Reuters•2 days ago
T-Mobile, Comcast launch anti-robocalling feature, claim industry's first
T-Mobile said on Wednesday it has launched a call protection feature with Comcast Corp to help protect customers from answering robocalls and spams, as robocalls have swollen into a tide numbering in the millions every day. Robocalls, automated telephone calls that deliver a recorded message, typically on behalf of a political party or telemarketing company, are on the rise. T-Mobile said its new feature identifies authentic calls across the networks with the sign "Caller Verified" appearing on phone screens.
- Market Realist•2 days ago
Inside AT&T’s Efforts to Reduce Its Debt Levels
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)AT&T’s debt levels AT&T (T) has been battling to reduce its debt, which has spiked due to the $85.4 billion purchase of Time Warner last year in mid-June. AT&T
- Motley Fool•2 days ago
Hulu's Value Has Skyrocketed Since Last Year -- But It's Still Cheaper Than Netflix
AT&T’s sale to Disney and Comcast reveals Hulu’s value.
- CNBC Videos•2 days ago
Netflix's long-term play would be to get Comcast out of this relationship: Senior analyst
Michael Nathanson, senior analyst at MoffettNathanson, joins CNBC's "Squawk Box" to discuss Netflix's earnings as the stock turns positive.
