Comcast Corp. (CMCSA, CMCSK) – 4.5 Star Predictability - Yield 1.60%
EBITDA 12-Month Growth Rate: 9.4%
Incorporated in 2001, Comcast Corporation is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is the nation's largest video, high-speed Internet and phone provider to residential customers under the XFINITY brand and also provides these services to businesses. NBCUniversal operates 30 news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks. It also operates television production operations, television station groups, Universal Pictures and Universal Parks and Resorts.
Comcast Corporation reported results for the quarter ended June 30, 2013 which included increases in consolidated revenue of 7.0%, operating cash flow of 8.4% and operating income of 11.6% . The company had an increase in earnings per share of 30.0% to $0.65, and its free cash flow increased 25.4% to $1.9 billion. Comcast’s quarterly dividends and share repurchases totaled $1 billion.
Comcast Corporation’s Brian L. Roberts, chairman and CEO, commented, “We are pleased with our results this quarter. Cable had outstanding growth, particularly in high-speed Internet, and NBCUniversal had strong performance across all of its businesses. Our focus on delivering innovative products and a superior customer experience is driving our success, including stronger video, voice and business services results in cable. NBCUniversal has real momentum, with solid growth in revenue and double-digit cash flow growth. We have a fantastic combination of cable and content businesses with many opportunities ahead.”
To clarify the difference in Comcast shares: CMCSA is A shares. CMCSK is Comcast Special A shares with limited voting parameters. Comcast also has three non-dividend paying stocks on NYSE: CCS, CCT and CCW.
Comcast Corporation is up 30% over 12 months. The company has a market cap of $119.96 billion; its shares trade at around $44.94 with a P/E ratio of 18.70 and P/S ratio of 1.89.
Current share price is $44.94.
CMCSA historical pricing:
The current CMCSK share price is $43.22.
CMCSK historical pricing:
Guru Action for CMCSA: CMCSA is broadly held by numerous Gurus. As of June 30, 2013, Mario Gabelli added 5,162 shares to his long-time holding that has done remarkably well with gains of 140% on shares bought and 165% on shares sold.
John Hussman has also done remarkably well making 219% on 1,050,000 shares bought at an average price of $14.07.
Brian Rogers has also averaged 150% on 5,422,800 shares bought at an average price of $17.97 per share.
Check here for more CMCSA Guru trading details.
Guru Action for CMCKS: CMCKS is also broadly held by numerous Gurus. In the second quarter of 2013, John Hussman bought a new holding of 291,000 shares at an average price of $39.49 for a gain of 9.4%. Scott Black also increased his position by 11.37%, and shows a phenomenal trading history averaging 162% on 531,065 shares bought at an average price of 16.50.
Ken Fisher is relatively new to CMCSK; he increased his position by 34.23% and gained 9.4% on 30,705 shares bought at an average price of $39.49.
With another remarkable Comcast trading history, Arnold Van Den Berg reduced his position by 9.7% in the second quarter. He gained 9.4% selling 48,395 shares at an average price of $39.49 per share, while averaging a gain of 184% on 1,328,818 shares bought at an average price of $15.24.
Check here for more CMCSK Guru trading details.
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