Maxim Group Maintains a 'Buy' on Comcast Corp (CMCSA) on Solid Qtr; See Additions and Drops
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Price: $40.21 --0%
Rating Summary:
17 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 8 | New: 17
Rating Summary:
17 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 8 | New: 17
Trade CMCSA Now!
Maxim Group maintains a 'Buy' on Comcast Corp (NASDAQ: CMCSA) price target of $34.00
Analyst, John Tinker, said, "Net subs’ add and ARPU increases should drive revenue growth of 6.4% y/y to $61B and EBITDA of $20B (up 6% y/y) in FY12, inline with consensus estimates. We anticipate CMCSA to lose ~170K video subs for FY12 for a total video subs base of 22.2M. We estimate CMCSA to add 1.2M HSI subs, growing to 19.3M net HSI subs base and ~690K voice subscribers adds for a total base of 10.3M in FY12. We estimate total ARPU of $146.51 (up 7% y/y) in FY12. We estimate FY13 cable segment revenue of $40B (up 2.8% y/y) and EBITDA of $17B (up 3.5% y/y) and NBCU segment revenue of $24B (up 5% y/y) and EBITDA of $4.4B (up 6% y/y)."
For an analyst ratings summary and ratings history on Comcast Corp click here. For more ratings news on Comcast Corp click here.
Shares of Comcast Corp closed at $30.42 yesterday, with a 52 week range of $19.19-$30.88.
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Analyst, John Tinker, said, "Net subs’ add and ARPU increases should drive revenue growth of 6.4% y/y to $61B and EBITDA of $20B (up 6% y/y) in FY12, inline with consensus estimates. We anticipate CMCSA to lose ~170K video subs for FY12 for a total video subs base of 22.2M. We estimate CMCSA to add 1.2M HSI subs, growing to 19.3M net HSI subs base and ~690K voice subscribers adds for a total base of 10.3M in FY12. We estimate total ARPU of $146.51 (up 7% y/y) in FY12. We estimate FY13 cable segment revenue of $40B (up 2.8% y/y) and EBITDA of $17B (up 3.5% y/y) and NBCU segment revenue of $24B (up 5% y/y) and EBITDA of $4.4B (up 6% y/y)."
For an analyst ratings summary and ratings history on Comcast Corp click here. For more ratings news on Comcast Corp click here.
Shares of Comcast Corp closed at $30.42 yesterday, with a 52 week range of $19.19-$30.88.
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