The stock of Charter Communications Inc. (CHTR) has seen a -4.04% decrease in the past week, with a -6.62% drop in the past month, and a 11.98% flourish in the past quarter. The volatility ratio for the week is 3.24%, and the volatility levels for the past 30 days are at 3.15% for CHTR. The simple moving average for the past 20 days is -3.91% for CHTR’s stock, with a 3.08% simple moving average for the past 200 days.
Is It Worth Investing in Charter Communications Inc. (NASDAQ: CHTR) Right Now?
Charter Communications Inc. (NASDAQ: CHTR) has a price-to-earnings ratio of 10.38x that is above its average ratio. Additionally, the 36-month beta value for CHTR is 1.05. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 5 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CHTR is 96.56M and currently, short sellers hold a 12.25% ratio of that float. The average trading volume of CHTR on September 24, 2024 was 1.29M shares.
CHTR) stock’s latest price update
Charter Communications Inc. (NASDAQ: CHTR) has experienced a decline in its stock price by -1.80 compared to its previous closing price of 331.62. However, the company has seen a fall of -4.04% in its stock price over the last five trading days. businesswire.com reported 2024-09-23 that ENGLEWOOD, Colo.–(BUSINESS WIRE)–Liberty Broadband Submits Counterproposal to Charter for Proposed Business Combination.
Analysts’ Opinion of CHTR
Many brokerage firms have already submitted their reports for CHTR stocks, with RBC Capital Mkts repeating the rating for CHTR by listing it as a “Sector Perform.” The predicted price for CHTR in the upcoming period, according to RBC Capital Mkts is $345 based on the research report published on September 19, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see CHTR reach a price target of $350. The rating they have provided for CHTR stocks is “Neutral” according to the report published on September 11th, 2024.
CHTR Trading at -5.47% 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 -28.95% of loss for the given period.
Volatility was left at 3.15%, however, over the last 30 days, the volatility rate increased by 3.24%, as shares sank -8.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.25% lower at present.
During the last 5 trading sessions, CHTR fell by -4.59%, which changed the moving average for the period of 200-days by -10.55% in comparison to the 20-day moving average, which settled at $337.31. In addition, Charter Communications Inc. saw -16.22% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CHTR starting from Jacobson Craig A, who sale 918 shares at the price of $289.24 back on Feb 28 ’24. After this action, Jacobson Craig A now owns 9,331 shares of Charter Communications Inc., valued at $265,518 using the latest closing price.
Winfrey Christopher L, the President and CEO of Charter Communications Inc., purchase 5,050 shares at $295.29 during a trade that took place back on Feb 06 ’24, which means that Winfrey Christopher L is holding 57,703 shares at $1,491,214 based on the most recent closing price.
Stock Fundamentals for CHTR
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.46 for the gross margin
The net margin for Charter Communications Inc. stands at 0.09. The total capital return value is set at 0.09. Equity return is now at value 39.85, with 3.16 for asset returns.
Based on Charter Communications Inc. (CHTR), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 7.51. The interest coverage ratio of the stock is 4.83.
Currently, EBITDA for the company is 20.64 billion with net debt to EBITDA at 5.46. When we switch over and look at the enterprise to sales, we see a ratio of 2.61. The receivables turnover for the company is 18.22for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.39.
Conclusion
In conclusion, Charter Communications Inc. (CHTR) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
