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Comcast Corp (CMCSK): Today's Highlighted Laggard In Media

Tickers in this article: CMCSK

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model .

Comcast ( CMCSK) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole was unchanged today. By the end of trading, Comcast fell 43 cents (-1.1%) to $39.33 on average volume. Throughout the day, 3.2 million shares of Comcast exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $38.68-$39.39 after having opened the day at $39.13 as compared to the previous trading day's close of $39.76. Other companies within the Media industry that declined today were: Envoy Capital Group ( ECGI), down 7.7%, Pandora Media ( P), down 7.6%, Daily Journal Corporation ( DJCO), down 7.4%, and Gray Television ( GTN.A), down 5.2%.

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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. Comcast has a market cap of $20.06 billion and is part of the services sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 10.7% year to date as of the close of trading on Thursday. Currently there is one analyst that rates Comcast a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Entravision Communications Corporation ( EVC), up 6.9%, Entercom Communications Corporation ( ETM), up 6.2%, Millennial Media ( MM), up 6.1%, and Digital Cinema Destinations Corp Class A ( DCIN), up 5.4%, were all gainers within the media industry with Discovery Communications ( DISCA) being today's featured media industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).