What Comcast’s Valuation Metrics Indicate
On a forward EV-to-EBITDA basis, Comcast (CMCSA) appears undervalued compared with peers.
Comcast made it clear that while it did support net neutrality, it didn’t favor the classification of net neutrality under Title II of the Communications Act.
On March 15, 2017, Comcast (CMCSA) was trading 7.9% above its 100-day moving average.
Comcast (CMCSA) is facing increasing competition from over-the-top services.
A few months back, Comcast (CMCSA) had announced that it expects to launch its wireless service by mid-2017.
In 2017 and beyond, Comcast (CMCSA) expects its FCF to grow. However, it didn’t rule out some fluctuations due to continued investments in its businesses.
Comcast stated that the key to getting ahead of the competition has been the company’s strategy to offer products based on market segmentation.
Comcast’s Xfinity Home is a security service aimed at residential customers.
Comcast (CMCSA) expects double-digit growth for its Business Services segment for the next couple of years.
At the end of 2016, Comcast’s triple-play customers had risen 29% year-over-year to 28.5 million.
On March 15, 2017, Comcast (CMCSA) stock was trading at $37.75, 0.6% below its 20-day moving average of $38.
On March 15, 2017, Comcast’s (CMCSA) stock closed at $37.75. The company’s stock has risen 9.4% YTD (year-to-date).
According to a CNBC report from earlier this month, Comcast’s (CMCSA) NBCUniversal invested around $500 million in Snap’s (SNAP) IPO.
Comcast’s (CMCSA) Cable Networks includes MSNBC, Syfy, Bravo and other sports networks that together reach around 27 million viewers in the United States (SPY).
Comcast’s (CMCSA) NBCUniversal broadcast television earns the majority of its revenues from advertising and retransmission.
On March 13, 2017, Alphabet (GOOG) stock was trading at $843.25, 1.7% above its 20-day moving average of $829, 3.7% above its 50-day moving average of $813.
AT&T’s (T) DIRECTV Now was launched late last in 2016 to much fanfare, and its promotional pricing saw strong initial adoption.
According to a report from The New York Post early last month, Amazon’s (AMZN) Prime Instant Video service could be looking to offer premium content.
Hulu has entered into content licensing agreements with Disney and 21st Century Fox for ~35 television networks, including Disney’s ESPN, for its online television service.
The entry of Alphabet’s (GOOG) YouTube TV into the paid subscription streaming market is unlikely to shake things up for Netflix (NFLX), at least initially.