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Summary bus 401 week 4 final.docx Comcast Corporation Ashford University BUS 401: Principles of Finance ComcastCorporation Comcast s revenue ranked 3rd among its top 10 competitors. The top 10 competitors average $34.3B. Over the last four quarters, Comc$7.49
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Summary bus 401 week 4 final.docx Comcast Corporation Ashford University BUS 401: Principles of Finance ComcastCorporation Comcast s revenue ranked 3rd among its top 10 competitors. The top 10 competitors average $34.3B. Over the last four quarters, Comc
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bus 401 week 4 Comcast Corporation Ashford University BUS 401: Principles of Finance ComcastCorporation Comcast s revenue ranked 3rd among its top 10 competitors. The top 10 competitors average $34.3B. Over the last four quarters, Comcast s revenue has decreased by 10.1%. Specifically, i...
bus 401 week 4 finaldocx comcast corporation ashford university bus 401 principles of finance comcastcorporation comcast s revenue ranked 3rd among its top 10 competitors the top 10 competi
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Comcast Corporation
Ashford University
BUS 401: Principles of Finance
ComcastCorporation
Comcast’s revenue ranked 3rd among its top 10 competitors. The top 10 competitors
average $34.3B. Over the last four quarters, Comcast’s revenue has decreased by 10.1%.
Specifically, in Q3 2020s, revenue was $25.5B; in Q2 2020, it was $23.7B; in Q1 2020, it was
$26.6B; in Q4 2019, Comcast’s revenue was $28.4B.
, 2
According to money.cnn.com, the current consensus among 32 polled investment
analysts is to buy stock in Comcast Corp. This rating had held steady since November when it
was unchanged from a buy rating. (CMCSA, n.d.) Twenty-three Wall Street analysts say an
average twelve-month price target is $49.90, predicting that the stock has a possible upside of
4.01%. There are eight hold ratings and 15 buys ratings for Comcast stock, resulting in a
consensus rating of buy. “Based on careful and fact-backed analyses by Wall Street experts, the
current consensus on the target price for CMCSA shares is $51.32 per share.” (Lee, 2020) Matt
McCall wrote on markets.businessinsider.com, “despite shares being out of favor, Comcast has
solid financials overall.” (McCall, 2020)
In the last three years, the sales growth for Comcast has jumped up from 5.75% in 2017 to
15.27in 2019%. Sales/revenue in 2017 is $85.03B, 2018 is $94.51B, and 2019 is $108.94B.
Sales/revenue growth has been consistent and dependable. That’s a growth from the lower-left
the upper right, and a trend we like to see. Their gross income growth also increased in the last
three years, from 6.82% in 2017, 8.59% in 2018, to 14.41% in 2019. The annualized percentage
rate of growth for Comcast is 14.59%.
Categories for ratio analysis
Liquidity
Dec. 31,2017 Dec. 31,2018 Dec. 31,2019
Current Ratio 0.74 0.079 0.84
Quick Ratio 0.56 0.054 0.55
Cash Ratio 0.16 0.014 0.18
Profitability
Dec. 31,2017 Dec. 31,2018 Dec. 31,2019
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