Charter Communications Inc. (NASDAQ:CHTR) went down by -3.06% from its latest closing price compared to the recent 1-year high of $681.71. The company’s stock price has collected -2.37% of loss in the last five trading sessions. Barron’s reported 9 hours ago that What a Record-Breaking 5G Auction Means for AT&T, Verizon and T-Mobile
Is It Worth Investing in Charter Communications Inc. (NASDAQ :CHTR) Right Now?
Charter Communications Inc. (NASDAQ:CHTR) scored a price-to-earnings ratio above its average ratio, recording 49.13 x from its present earnings ratio. Plus, the 36-month beta value for CHTR is at 0.98. Opinions of the stock are interesting as 18 analysts out of 31 who provided ratings for Charter Communications Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 9 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $703.41, which is $82.65 above the current price. CHTR currently public float of 135.95M and currently shorts hold a 5.94% ratio of that float. Today, the average trading volume of CHTR was 1.12M shares.
CHTR’s Market Performance
CHTR stocks went down by -2.37% for the week, with a monthly drop of -5.55% and a quarterly performance of -4.64%, while its annual performance rate touched 21.82%. The volatility ratio for the week stands at 2.59% while the volatility levels for the past 30 days are set at 2.26% for Charter Communications Inc.. The simple moving average for the period of the last 20 days is -3.95% for CHTR stocks with a simple moving average of 7.53% for the last 200 days.
Analysts’ Opinion of CHTR
Many brokerage firms have already submitted their reports for CHTR stocks, with The Benchmark Company repeating the rating for CHTR by listing it as a “Buy.” The predicted price for CHTR in the upcoming period, according to The Benchmark Company is $640 based on the research report published on August 03rd of the previous year 2020.
Pivotal Research Group, on the other hand, stated in their research note that they expect to see CHTR reach a price target of $730, previously predicting the price at $700. The rating they have provided for CHTR stocks is “Buy” according to the report published on July 31st, 2020.
Nomura gave a rating of “Buy” to CHTR, setting the target price at $600 in the report published on July 10th of the previous year.
CHTR Trading at -3.43% from the 50-Day Moving Average
After a stumble in the market that brought CHTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.83% of loss for the given period.
Volatility was left at 2.26%, however, over the last 30 days, the volatility rate increased by 2.59%, as shares sank -4.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.90% upper at present.
During the last 5 trading sessions, CHTR fell by -2.37%, which changed the moving average for the period of 200-days by +41.34% in comparison to the 20-day moving average, which settled at $645.54. In addition, Charter Communications Inc. saw -6.06% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CHTR starting from Ellen David, who sale 8,256 shares at the price of $644.19 back on Nov 05. After this action, Ellen David now owns 5,377 shares of Charter Communications Inc., valued at $5,318,424 using the latest closing price.
Nair Balan, the Director of Charter Communications Inc., sale 2,260 shares at $637.61 during a trade that took place back on Nov 04, which means that Nair Balan is holding 5,188 shares at $1,440,999 based on the most recent closing price.
Stock Fundamentals for CHTR
Current profitability levels for the company are sitting at:
- +14.45 for the present operating margin
- +32.57 for the gross margin
The net margin for Charter Communications Inc. stands at +3.64. The total capital return value is set at 5.60, while invested capital returns managed to touch 1.56. Equity return is now at value 9.20, with 1.80 for asset returns.
Based on Charter Communications Inc. (CHTR), the company’s capital structure generated 255.47 points at debt to equity in total, while total debt to capital is 71.87. Total debt to assets is 53.33, with long-term debt to equity ratio resting at 243.65. Finally, the long-term debt to capital ratio is 68.54.
When we switch over and look at the enterprise to sales, we see a ratio of 4.21, with the company’s debt to enterprise value settled at 0.42. The receivables turnover for the company is 23.11 and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.52.