In the past week, CHTR stock has gone down by -5.08%, with a monthly decline of -9.29% and a quarterly surge of 11.99%. The volatility ratio for the week is 3.13%, and the volatility levels for the last 30 days are 2.91% for Charter Communications Inc The simple moving average for the past 20 days is -7.11% for CHTR’s stock, with a 9.56% 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 11.03x, which is above its average ratio. Moreover, the 36-month beta value for CHTR is 1.10. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 2 as “overweight,” 13 as “hold,” and 2 as “sell.”
The public float for CHTR is 96.30M and currently, short sellers hold a 11.90% of that float. On December 25, 2024, CHTR’s average trading volume was 1.29M shares.
CHTR) stock’s latest price update
The stock price of Charter Communications Inc (NASDAQ: CHTR) has jumped by 0.78 compared to previous close of 349.46. Despite this, the company has seen a fall of -5.08% in its stock price over the last five trading days. zacks.com reported 2024-12-23 that Zacks Cable Television industry participants like CMCSA, CHTR and RCI are benefiting from growing demand for high-speed Internet and increased media consumption amid cord-cutting.
Analysts’ Opinion of CHTR
Many brokerage firms have already submitted their reports for CHTR stocks, with KeyBanc Capital Markets repeating the rating for CHTR by listing it as a “Overweight.” The predicted price for CHTR in the upcoming period, according to KeyBanc Capital Markets is $500 based on the research report published on December 12, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see CHTR reach a price target of $360. The rating they have provided for CHTR stocks is “Neutral” according to the report published on November 26th, 2024.
BofA Securities gave a rating of “Buy” to CHTR, setting the target price at $450 in the report published on November 04th of the current year.
CHTR Trading at -4.67% 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 -15.19% of loss for the given period.
Volatility was left at 2.91%, however, over the last 30 days, the volatility rate increased by 3.13%, as shares sank -8.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.15% upper at present.
During the last 5 trading sessions, CHTR fell by -5.08%, which changed the moving average for the period of 200-days by +18.09% in comparison to the 20-day moving average, which settled at $379.16. In addition, Charter Communications Inc saw -9.39% 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 2.64. 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
To wrap up, the performance of Charter Communications Inc (CHTR) has been bad in recent times. The stock has received a bullish of “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.
