Charter Communications Inc (CHTR) Outlook Starting To Look Brighter?

Charter Communications Inc (CHTR) concluded trading on Thursday at a closing price of $336.62, with 3.27 million shares of worth about $1.1 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.13% during that period and on January 30, 2025 the price saw a loss of about -6.32%. Currently the company’s common shares owned by public are about 142.20M shares, out of which, 96.37M shares are available for trading.

Stock saw a price change of -6.48% in past 5 days and over the past one month there was a price change of -3.45%. Year-to-date (YTD), CHTR shares are showing a performance of -1.79% which decreased to -11.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $236.08 but also hit the highest price of $415.27 during that period. The average intraday trading volume for Charter Communications Inc shares is 1.23 million. The stock is currently trading -4.12% below its 20-day simple moving average (SMA20), while that difference is down -8.30% for SMA50 and it goes to 2.27% higher than SMA200.

Charter Communications Inc (NASDAQ: CHTR) currently have 142.20M outstanding shares and institutions hold larger chunk of about 73.89% of that.

The stock has a current market capitalization of $95.65B and its 3Y-monthly beta is at 1.12. PE ratio of stock for trailing 12 months is 10.54, while it has posted earnings per share of $31.93 in the same period. Its PEG reads 0.95 and has Quick Ratio of 0.34 while making debt-to-equity ratio of 6.76. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CHTR, volatility over the week remained 3.56% while standing at 2.57% over the month.

Stock’s fiscal year EPS is expected to rise by 12.52% while it is estimated to increase by 5.83% in next year. EPS is likely to shrink at an annualized rate of 11.14% for next 5-years, compared to annual growth of 41.86% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by KeyBanc Capital Markets on December 12, 2024 offering an Overweight rating for the stock and assigned a target price of $500 to it. Coverage by Exane BNP Paribas stated Charter Communications Inc (CHTR) stock as a Neutral in their note to investors on November 26, 2024, suggesting a price target of $360 for the stock. On November 04, 2024, BofA Securities Upgrade their recommendations, while on November 04, 2024, Pivotal Research Group Reiterated their ratings for the stock with a price target of $525. Stock get an Underperform rating from Wolfe Research on September 30, 2024.

Most Popular

Related Posts