CMCSA Stock Summary and Trading Ideas (Comcast - Class A | NASDAQ:CMCSA)

Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 63 million US homes and businesses, or nearly half of the country. About 50% of the locations in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is a large television provider in the UK and has invested heavily in proprietary content to build this position. Sky is also a large pay-television provider in Italy and has a presence in Germany and Austria.

Comcast - Class A trades on the NASDAQ stock market under the symbol CMCSA.

As of December 13, 2024, CMCSA stock price declined to $39.92 with 15,200,411 million shares trading.

CMCSA has a beta of 0.05, meaning it tends to be less sensitive to market movements. CMCSA has a correlation of 0.00 to the broad based SPY ETF.

CMCSA has a market cap of $152.76 billion. This is considered a Large Cap stock.

Last quarter Comcast - Class A reported $32 billion in Revenue and $1.12 earnings per share. This beat revenue expectation by $410 million and exceeded earnings estimates by $.06.

In the last 3 years, CMCSA traded as high as $52.10 and as low as $28.39.

The top ETF exchange traded funds that CMCSA belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.

CMCSA has underperformed the market in the last year with a price return of -5.8% while the SPY ETF gained +29.9%. CMCSA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.7% and -7.6%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

CMCSA support price is $39.72 and resistance is $40.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CMCSA shares will trade within this expected range on the day.