Comcast (NASDAQ:CMCSA) Sets New 52-Week Low – Should You Sell?
by Mitch Edgeman · The Markets DailyComcast Corporation (NASDAQ:CMCSA – Get Free Report)’s stock price reached a new 52-week low on Thursday . The company traded as low as $22.00 and last traded at $21.9560, with a volume of 35024350 shares. The stock had previously closed at $23.52.
More Comcast News
Here are the key news stories impacting Comcast this week:
- Positive Sentiment: Comcast posted Q2 adjusted EPS of $1.04, topping estimates of $0.97, and revenue of $29.94 billion also came in ahead of expectations. Comcast Reports 2nd Quarter 2026 Results
- Positive Sentiment: Peacock reached its first-ever quarterly profit, helped by 2 million added paid subscribers, bringing the total to 48 million. Comcast’s Peacock records first ever profit on World Cup, ‘Love Island USA’ boost
- Positive Sentiment: Comcast said wireless delivered its best quarter ever, showing strength in its connectivity strategy. Comcast Reports 2nd Quarter 2026 Results
Analyst Ratings Changes
A number of analysts have issued reports on CMCSA shares. New Street Research cut their target price on Comcast from $31.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, June 25th. Wells Fargo & Company dropped their price objective on Comcast from $29.00 to $28.00 and set an “underweight” rating for the company in a research note on Tuesday, July 7th. Freedom Capital upgraded Comcast to a “hold” rating in a report on Friday, June 12th. Moffett Nathanson decreased their target price on Comcast from $53.00 to $52.00 and set a “buy” rating on the stock in a research note on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft upgraded Comcast from a “hold” rating to a “buy” rating and lowered their target price for the company from $34.00 to $32.00 in a report on Tuesday, June 30th. Eleven analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $33.45.
Read Our Latest Stock Analysis on CMCSA
Comcast Stock Performance
The firm has a market capitalization of $78.30 billion, a price-to-earnings ratio of 4.31, a PEG ratio of 1.96 and a beta of 0.67. The firm has a 50 day moving average price of $23.93 and a 200-day moving average price of $27.35. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.87 and a quick ratio of 0.87.
Comcast (NASDAQ:CMCSA – Get Free Report) last released its earnings results on Thursday, July 23rd. The cable giant reported $1.04 EPS for the quarter, topping the consensus estimate of $0.97 by $0.07. The firm had revenue of $29.94 billion during the quarter, compared to analysts’ expectations of $29.24 billion. Comcast had a return on equity of 15.47% and a net margin of 15.00%.Comcast’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.25 EPS. As a group, sell-side analysts expect that Comcast Corporation will post 3.48 earnings per share for the current fiscal year.
Comcast Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 1st were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date was Wednesday, July 1st. Comcast’s dividend payout ratio is presently 25.98%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in CMCSA. Allied Private Wealth LLC acquired a new position in Comcast during the 2nd quarter worth approximately $26,000. Imprint Wealth LLC acquired a new stake in shares of Comcast in the 3rd quarter valued at $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Comcast during the 4th quarter worth $27,000. Whipplewood Advisors LLC lifted its position in shares of Comcast by 75.5% during the 1st quarter. Whipplewood Advisors LLC now owns 932 shares of the cable giant’s stock worth $27,000 after purchasing an additional 401 shares during the last quarter. Finally, Main Street Group LTD acquired a new position in shares of Comcast during the first quarter worth $27,000. Hedge funds and other institutional investors own 84.32% of the company’s stock.
Comcast Company Profile
Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.
NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.