Comcast, Time Warner Cable Hit Highs
BOSTON (TheStreet) -- U.S. stocks gained Tuesday as consumer confidence and home prices rose. These stocks recorded highs.
3. Liberty Global
(LBTYA) - Get Report
rose 1.4% to $29.17, hitting a high of $29.47.
Quarter
: Liberty swung to a fourth-quarter profit of $100 million, or 34 cents, from a loss of $753 million, or $2.60, a year earlier. Revenue grew 19% to $3 billion. The operating margin rose to 16%. Liberty holds $3.3 billion of cash and $26 billion of debt.
Stock
: Liberty has more than doubled during the past year, beating U.S. indices. The stock trades at a price-to-cash-flow ratio of 2.3 and a price-to-sales ratio of 0.7, 77% and 66% discounts to industry averages. It's expensive based on projected earnings.
Consensus
: Of analysts covering Liberty, 11, or 79%, advise purchasing its shares and three recommend holding them.
Goldman Sachs
(GS) - Get Report
, which rates Liberty "overweight", expects the stock to advance 25% to $36.70.
Miller Tabak
projects it will hit $35.
2. Time Warner Cable
(TWC)
climbed 1.7% to $53.45, achieving a high of $53.62.
Quarter
: Time Warner Cable swung to a fourth-quarter profit of $322 million, or 91 cents, from a loss of $8.2 billion, or $25.08, a year earlier. Revenue expanded 3%. The company holds $23 billion of debt, translating to a debt-to-equity ratio of 2.6.
Stock
: Time Warner Cable has more than doubled during the past year, outpacing major benchmarks. The stock sells for a price-to-projected-earnings ratio of 13 and a price-to-book ratio of 2.1, 26% and 37% discounts to industry averages.
Consensus
: Of researchers evaluating Time Warner Cable, 17 rate its stock "buy" and nine rate it "hold."
Deutsche Bank
(DB) - Get Report
predicts the shares to hit $65, a potential 21% gain.
Bank of America
(BAC) - Get Report
expects the shares to rise to $64.
1. Comcast
(CMCSA) - Get Report
increased 1.3% to $18.74, hitting a high of $18.84.
Quarter
: Fourth-quarter profit more than doubled to $955 million, or 33 cents, as revenue grew 3.4% to $9.1 billion. The operating margin declined from 21% to 20%. Comcast has $29 billion of debt and a debt-to-equity ratio of 0.7.
Stock
: Comcast has advanced 37% during the past year, less than U.S. indices. The stock trades at a price-to-book ratio of 1.2 and a price-to-cash-flow ratio of 5.1, 64% and 49% discounts to industry averages.
Who Owns Comcast?
Renaissance Technologies
John Paulson
George Soros
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Consensus
: Of firms rating Comcast, 17, or 65%, advocate purchasing its shares and nine suggest holding them. Deutsche Bank expects the stock to gain 33% to $25.
Oppenheimer
is less optimistic, projecting shares to hit $22.









