Comcast, Priceline.com: 52-Week Highs

NEW YORK ( TheStreet) - Shares of Comcast ( CMCSK) and Priceline.com ( PCLN) hit 52-week highs on Friday.

Both stocks received a buy rating from TheStreet Ratings.

Shares of Comcast hit a 52-week high on Friday of $29.59. The stock's 52-week low of $18.74 was set on Aug. 9.

Comcast shares trade at an estimated price-to-earnings ratio for next year of 13.5X; the average for broadcast and entertainment companies is 31.2X. For comparison, both Walt Disney ( DIS) and Time Warner ( TWX) have lower forward P/Es of 12.8X and 10.1X, respectively.

All five of the analysts who cover Comcast rate it at buy.

TheStreet Ratings gives Comcast an A+ grade with a buy rating and $35.08 price target. The stock has risen 25.55% year to date.


Shares of Priceline.com hit a 52-week high Friday of $717.17. The stock's 52-week low of $411.26 was set on Oct. 4.

Priceline.com's forward P/E is 18.6X; the average for travel and tourism companies is 16.59. For comparison, Expedia ( EXPE) has a lower forward P/E of 10.7X.

Nineteen of the 22 analysts who cover Priceline.com rate it at buy. Three analysts give the stock a hold rating and one rates it at sell.

TheStreet Ratings gives Priceline.com an A grade with a buy rating and $775 price target. The stock has risen 52.99% year to date.

-- Written by Alexandra Zendrian in New York.

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