At the time of writing, Charter Communications Inc [CHTR] stock is trading at $397.61, up 0.81%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CHTR shares have gain 3.42% over the last week, with a monthly amount glided 8.49%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Charter Communications Inc [NASDAQ: CHTR] stock has seen the most recent analyst activity on November 26, 2024, when Exane BNP Paribas upgraded its rating to a Neutral but kept the price target unchanged to $360 for it. Previously, BofA Securities upgraded its rating to Buy on November 04, 2024, and elevated its price target to $450. On November 04, 2024, Pivotal Research Group reiterated its Buy rating and revised its price target to $525 on the stock. Wolfe Research downgraded its rating to a Underperform but stick to its price target of $300 on September 30, 2024. RBC Capital Mkts initiated its recommendation with a Sector Perform and recommended $345 as its price target on September 19, 2024. Citigroup upgraded its rating to Neutral for this stock on September 11, 2024, but kept the price target unchanged to $350. In a note dated July 31, 2024, Wolfe Research downgraded an Peer Perform rating on this stock.
For the past year, the stock price of Charter Communications Inc fluctuated between $236.08 and $415.27. 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 $397.61 at the most recent close of the market. An investor can expect a potential return of 30.8% based on the average CHTR price forecast.
Analyzing the CHTR fundamentals
According to Charter Communications Inc [NASDAQ:CHTR], the company’s sales were 54.87B for trailing twelve months, which represents an 1.55% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 6.76.
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 394.21 points at the first support level, and at 390.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 399.90, and for the 2nd resistance point, it is at 402.20.
Ratios To Look Out For
It is important to note that Charter Communications Inc [NASDAQ:CHTR] has a current ratio of 0.34. As well, the Quick Ratio is 0.34, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.06, the price to book ratio is 4.01 and price to earnings (TTM) ratio is 12.45.
Transactions by insiders
Recent insider trading involved Rutledge Thomas, Director, that happened on Nov 14 ’24 when 15000.0 shares were purchased. Director, Jacobson Craig A completed a deal on Feb 28 ’24 to sell 918.0 shares. Meanwhile, President and CEO Winfrey Christopher L bought 5050.0 shares on Feb 06 ’24.
