Dallas, Texas 02/20/2014 (FINANCIALSTRENDS) – Comcast Corporation(NASDAQ:CMCSA) has apparently received a BUY rating by analysts. Go first on the analyst board was TheStreet Ratings, which offered a research note of Score A+, thereby indicating a Buy on the stock.
Comcast Corporation(NASDAQ:CMCSA), according to this analyst, is in the middle of strong patch, given the revenue growth strength as well as solid stock besides great price performance. Also, the income earnings per share the company receives is also seen as an attractive plus point for the growth of this stock. Additionally, the net income and the good valuation levels of the stock are also strong indicators as to why Comcast is a good stock to buy.
Comcast Corporation(NASDAQ:CMCSA) does have a negative aspect to it. Currently, the lack of flow of cash for the stock is seen as a negative and may be the only factor which may not seem attractive to investors. However, in the face of the multiple positives it currently carries, cash flow indicator is easily made up for, believes the analyst.
Earnings per share on course
Comcast Corporation(NASDAQ:CMCSA) has also reported quarterly earnings results which indicate that the stock is one of the better performing stocks, given its earnings per share for the quarter fixed at $0.72. The value has surpassed the analysts’ consensus, which has led to the estimate of $0.68 being beaten by $0.04.
Comcast Corporation(NASDAQ:CMCSA) also reported revenues of $16.93 for the quarter which is much higher than the estimated expectation of $16.63 billion. Last year, the company had noted earnings per share of $.56. Earlier, the company also noted that the revenue was higher by 6.2% for the same quarter over last year.
In the current fiscal the company is expected to post higher revenues – with $2.87 EPS. Besides, the dividend the company has since announced is also expected to hold it in good stead, as this company will pay by April 2, $0.225 per share dividend.