CMCSA
Comcast Corporation
TMT
07/15/2013
Presented
| Date | 07/10/2013 |
| Price | $21.46 |
| Market Cap | $113.00B |
| Ent Value | $156.86B |
| P/E Ratio | 18.85x |
| Book Value | $10.37 |
| Div Yield | 1.7% |
| Shares O/S | 5,266.80M |
| Ave Daily Vol | 25,080,000 |
| Short Int | N/A |
Current
| Price | $42.11 |
| Market Cap | $163.07B |
| Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name. This segment also provides business services, such as cellular backhaul services to mobile network operators; Ethernet network services; and online advertising services. As of December 31, 2012, it served 22.0 million video customers, 19.4 million high-speed Internet customers, and 10.0 million voice customers. The Cable Networks segment consists of national cable entertainment, national cable news and information, national cable sports, regional sports and news, and international cable networks; and a cable television production studio and digital media properties. The Broadcast Television segment comprises NBC and Telemundo broadcast networks, NBC and Telemundo owned local broadcast television stations, broadcast television production operations, and related digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes filmed entertainment under the Universal Pictures, Focus Features, and Illumination names. This segment also develops, produces, and licenses stage plays. The Theme Parks segment comprises theme parks; studios; and a dining, retail, and entertainment complex. Comcast Corporation also owns a multipurpose arena in Philadelphia. The company offers its services directly to residential and business customers through call centers; door-to-door selling; direct mail, television, Internet, and local media advertising; and telemarketing and retail outlets. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania. |
Please note, this stock split on 02/21/2017 at a ratio of 2/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of $42.91.
Highlights
The presenter believes that cable veteran John Malone’s re-entry into the space via Liberty Media’s 28% stake in Charter Communications (CHTR) was a clear signal to the broader market that there is real value in the cable industry, and he believes the entire group should perform well over the coming 12-18 months. But Comcast could fare particularly well, given that many investors initially shorted its stock as a hedge to a long position in Charter, prompted by Malone’s investment and having few other choices among short candidates.
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