Report
Michael Hodel
EUR 100.00 For Business Accounts Only

Comcast Continues to Grab Market Share as Internet Data Consumption Grows

Comcast’s cable segment isn’t bulletproof, but the business keeps posting fantastic numbers, with customer growth continuing to accelerate during the first quarter. NBCUniversal also performed well in the quarter, with only the recently acquired Sky business lagging. We don’t expect to materially alter our $45 fair value estimate, and our wide moat rating is unchanged. With the stock appreciating sharply in 2019, including a solid jump in response to first-quarter earnings, we now view Comcast s...
Underlying
Comcast Corporation Class A

Comcast is a media and technology company. The company's segments are: Cable Communications, which provides internet, video, voice, and security and automation services in the United States individually and as bundled services at a discounted rate over its cable distribution system to residential and business customers; NBCUniversal, which includes a portfolio of national cable networks that provide a variety of entertainment, news and information, and sports content, regional sports and news networks, international cable networks, and cable television studio production operations; and Sky, which owns a portfolio of pay television channels that provide entertainment, news, sports and movies.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Hodel

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