Comcast Corp (CMCSA): Today's Featured Media Laggard

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 ( CMCSA) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Comcast fell $1.03 (-2.5%) to $40.79 on average volume. Throughout the day, 16,926,421 shares of Comcast exchanged hands as compared to its average daily volume of 11,906,200 shares. The stock ranged in price between $40.77-$41.79 after having opened the day at $41.76 as compared to the previous trading day's close of $41.82. Other companies within the Media industry that declined today were: ChinaNet Online Holdings ( CNET), down 6.5%, NTN Buzztime ( NTN), down 4.6%, Beasley Broadcast Group ( BBGI), down 4.2% and Live Nation Entertainment ( LYV), down 4.0%.
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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 $89.3 billion and is part of the services sector. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7. The company has a P/E ratio of 17.7, above the S&P 500 P/E ratio of 17.7. Shares are up 12.3% year to date as of the close of trading on Tuesday. Currently there are 19 analysts that rate Comcast a buy, no analysts rate it a sell, and 5 rate it a hold.

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

On the positive front, Liberty Media Corporation ( LMCAD), down 12.3%, Liberty Media Corporation ( LMCA), down 12.3%, Millennial Media ( MM), down 9.8% and Envoy Capital Group ( ECGI), down 5.0% , were all gainers within the media industry with Grupo Televisa S.A.B ( TV) 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).

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