Top Analyst Reports for Comcast, Aon & Trane Technologies

Wednesday, January 25, 2023

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Comcast Corporation (CMCSA), Aon plc (AON) and Trane Technologies plc (TT). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of todays research reports here >>>

Shares of Comcast have declined -17.4% over the past year against the Zacks Cable Television industrys decline of -23.1% and the S&P 500 index's -8.9% pullback. The company persistently suffers from video-subscriber attrition due to cord cutting. Moreover, broadband prospects are suffering from increased competition from fixed wireless as well as fiber. Additionally, a leveraged balance sheet is a major concern.

On the positive side, Comcast should continue to benefit from a growing wireless subscriber base as witnessed in the third quarter. Broadband user base increased in the last reported quarter on October 27th (the company is scheduled to report Q4 results on Thursday, January 26th). Comcasts plan to transition to DOCSIS 4.0 is noteworthy. The technology will help it in expanding much faster and at a lower cost compared to competitors.