The price-to-earnings ratio for Charter Communications Inc (NASDAQ: CHTR) is above average at 12.74x, Company’s 36-month beta value is 1.07.Analysts have differing opinions on the stock, with 12 analysts rating it as a “buy,” 5 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for CHTR is 96.20M, and currently, short sellers hold a 12.94% ratio of that floaft. The average trading volume of CHTR on November 13, 2024 was 1.21M shares.
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CHTR) stock’s latest price update
Charter Communications Inc (NASDAQ: CHTR)’s stock price has increased by 3.77 compared to its previous closing price of 392.00. However, the company has seen a -0.30% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-13 that STAMFORD, Conn. and ENGLEWOOD, Colo.
CHTR’s Market Performance
Charter Communications Inc (CHTR) has seen a -0.30% fall in stock performance for the week, with a 22.55% gain in the past month and a 15.56% surge in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are at 3.27% for CHTR. The simple moving average for the last 20 days is 14.13% for CHTR stock, with a simple moving average of 31.36% for the last 200 days.
Analysts’ Opinion of CHTR
Many brokerage firms have already submitted their reports for CHTR stocks, with BofA Securities repeating the rating for CHTR by listing it as a “Buy.” The predicted price for CHTR in the upcoming period, according to BofA Securities is $450 based on the research report published on November 04, 2024 of the current year 2024.
Pivotal Research Group, on the other hand, stated in their research note that they expect to see CHTR reach a price target of $525, previously predicting the price at $435. The rating they have provided for CHTR stocks is “Buy” according to the report published on November 04th, 2024.
Wolfe Research gave a rating of “Underperform” to CHTR, setting the target price at $300 in the report published on September 30th of the current year.
CHTR Trading at 19.61% 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 -3.41% of loss for the given period.
Volatility was left at 3.27%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares surge +23.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.05% upper at present.
During the last 5 trading sessions, CHTR rose by +0.01%, which changed the moving average for the period of 200-days by +8.25% in comparison to the 20-day moving average, which settled at $356.50. In addition, Charter Communications Inc saw 4.66% in overturn over a single year, with a tendency to cut further gains.
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:
- 0.24 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 0.1. Equity return is now at value 37.11, with 3.16 for asset returns.
Based on Charter Communications Inc (CHTR), the company’s capital structure generated 0.87 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 6.76. The interest coverage ratio of the stock is 4.92.
Currently, EBITDA for the company is 20.99 billion with net debt to EBITDA at 4.45. When we switch over and look at the enterprise to sales, we see a ratio of 2.78. The receivables turnover for the company is 17.89for 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 0.34.
Conclusion
In a nutshell, Charter Communications Inc (CHTR) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
