The stock of Charter Communications Inc (CHTR) has seen a -7.22% decrease in the past week, with a -6.89% drop in the past month, and a 13.16% flourish in the past quarter. The volatility ratio for the week is 3.32%, and the volatility levels for the past 30 days are at 2.54% for CHTR. The simple moving average for the past 20 days is -6.62% for CHTR’s stock, with a 15.43% simple moving average for the past 200 days.
Is It Worth Investing in Charter Communications Inc (NASDAQ: CHTR) Right Now?
The price-to-earnings ratio for Charter Communications Inc (NASDAQ: CHTR) is above average at 11.46x, Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 13 as “hold,” and 2 as “sell.”
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The public float for CHTR is 96.22M, and currently, short sellers hold a 12.83% ratio of that floaft. The average trading volume of CHTR on December 10, 2024 was 1.28M shares.
CHTR) stock’s latest price update
The stock price of Charter Communications Inc (NASDAQ: CHTR) has dropped by -9.20 compared to previous close of 403.06. Despite this, the company has seen a fall of -7.22% in its stock price over the last five trading days. prnewswire.com reported 2024-12-09 that STAMFORD, Conn., Dec. 9, 2024 /PRNewswire/ — Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”) today announced that on December 3, 2024, its subsidiary, Charter Communications Operating, LLC (“CCO”), had entered into an amendment (the “Amendment”) to its existing Credit Agreement that extends the maturity date of a significant portion of its debt due in 2027 to maturity dates in 2030 and 2031.
Analysts’ Opinion of CHTR
Many brokerage firms have already submitted their reports for CHTR stocks, with Exane BNP Paribas repeating the rating for CHTR by listing it as a “Neutral.” The predicted price for CHTR in the upcoming period, according to Exane BNP Paribas is $360 based on the research report published on November 26, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see CHTR reach a price target of $450, previously predicting the price at $385. The rating they have provided for CHTR stocks is “Buy” according to the report published on November 04th, 2024.
Pivotal Research Group gave a rating of “Buy” to CHTR, setting the target price at $525 in the report published on November 04th of the current year.
CHTR Trading at 1.44% 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 -11.87% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 3.32%, as shares sank -7.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.18% upper at present.
During the last 5 trading sessions, CHTR fell by -7.22%, which changed the moving average for the period of 200-days by +22.22% in comparison to the 20-day moving average, which settled at $391.90. In addition, Charter Communications Inc saw -5.85% 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 Rutledge Thomas, who proposed sale 15,000 shares at the price of $400.00 back on Nov 14 ’24. After this action, Rutledge Thomas now owns shares of Charter Communications Inc, valued at $6,000,000 using the latest closing price.
Jacobson Craig A, the Director of Charter Communications Inc, sale 918 shares at $289.24 during a trade that took place back on Feb 28 ’24, which means that Jacobson Craig A is holding 9,331 shares at $265,518 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 2.47.
Currently, EBITDA for the company is 20.74 billion with net debt to EBITDA at 4.43. When we switch over and look at the enterprise to sales, we see a ratio of 2.67. 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 bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
