Comcast (CMCSA) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Comcast (CMCSA) closed at $29.78, marking a +1.36% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.6%, and the technology-dominated Nasdaq saw an increase of 0.22%. Coming into today, shares of the cable provider had gained 10.12% in the past month. In that same time, the Consumer Discretionary sector gained 3.01%, while the S&P 500 gained 4.7%. The investment community will be paying close attention to the earnings performance of Comcast in its upcoming release. The company is slated to reveal its earnings on January 29, 2026. The company is forecasted to report an EPS of $0.75, showcasing a 21.88% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $32.24 billion, indicating a 1.03% growth compared to the corresponding quarter of the prior year. CMCSA's full-year Zacks Consensus Estimates are calling for earnings of $4.18 per share and revenue of $123.64 billion. These results would represent year-over-year changes of -3.46% and -0.07%, respectively. It is also important to note the recent changes to analyst estimates for Comcast. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.1% lower. Comcast currently has a Zacks Rank of #3 (Hold). With respect to valuation, Comcast is currently being traded at a Forward P/E ratio of 7.03. This expresses a premium compared to the average Forward P/E of 6.31 of its industry. We can additionally observe that CMCSA currently boasts a PEG ratio of 2.02. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Cable Television industry currently had an average PEG ratio of 0.73 as of yesterday's close. The Cable Television industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 183, this industry ranks in the bottom 26% of all industries, numbering over 250. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comcast Corporation (CMCSA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks