Charter Communications Inc [CHTR] stock prices are up 11.87% to $366.49 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CHTR shares have gain 9.07% over the last week, with a monthly amount glided 13.68%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Charter Communications Inc [NASDAQ: CHTR] stock has seen the most recent analyst activity on September 30, 2024, when Wolfe Research downgraded its rating to a Underperform but kept the price target unchanged to $300 for it. Previously, RBC Capital Mkts started tracking the stock with Sector Perform rating on September 19, 2024, and set its price target to $345. On September 11, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $350 on the stock. Wolfe Research downgraded its rating to a Peer Perform. Raymond James downgraded its rating to a Underperform. Citigroup downgraded its rating to Sell for this stock on July 03, 2024, and downed its price target to $255. In a note dated July 01, 2024, Goldman initiated an Sell rating and provided a target price of $250 on this stock.
The stock price of Charter Communications Inc [CHTR] has been fluctuating between $236.08 and $424.86 over the past year. Currently, Wall Street analysts expect the stock to reach $520.08 within the next 12 months. Charter Communications Inc [NASDAQ: CHTR] shares were valued at $366.49 at the most recent close of the market. An investor can expect a potential return of 41.91% based on the average CHTR price forecast.
Analyzing the CHTR fundamentals
The Charter Communications Inc [NASDAQ:CHTR] reported sales of 54.87B for trailing twelve months, representing a surge of 1.55%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.37 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.76.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 354.69 points at the first support level, and at 342.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 380.37, and for the 2nd resistance point, it is at 394.26.
Ratios To Look Out For
It’s worth pointing out that Charter Communications Inc [NASDAQ:CHTR]’s Current Ratio is 0.34. On the other hand, the Quick Ratio is 0.34, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 3.70 and price to earnings (TTM) ratio is 11.48.
Transactions by insiders
Recent insider trading involved Jacobson Craig A, Director, that happened on Feb 28 ’24 when 918.0 shares were sold. President and CEO, Winfrey Christopher L completed a deal on Feb 06 ’24 to buy 5050.0 shares. Meanwhile, Executive Chairman Rutledge Thomas sold 0.16 million shares on Nov 16 ’23.
