Stock price when the opinion was issued
Gets no respect, as it's seen as cable/TV, a dying business. Has 6 growth businesses: broadband for residential and business, wireless, theme parks, streaming, and studios. Together, those are growing about 10% a year, and will be 75% of the business over the next few years. Anemic 11x, growth of 10%. Defensive, still room to go. Yield is 2.46%.
(Analysts’ price target is $50.31)
Faced with recently reported loss of customers, CMCSA is taking drastic steps to increase offerings to its customers. Analysts expect this will stem the tide and allow the company to regain growth. Despite all this, cash reserves are growing while shares are aggressively bought back -- albeit on the back on some increase in debt. It trades at 7x earnings, 1.2x book and supports a ROE of 25%. We recommend setting a stop-loss at $26, looking to achieve $40 -- upside potential of 22%. Yield 3.9%
(Analysts’ price target is $39.84)