At the time of writing, Charter Communications Inc [CHTR] stock is trading at $362.58, up 2.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CHTR shares have gain 4.97% over the last week, with a monthly amount glided 0.28%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, KeyBanc Capital Markets upgraded its rating to Overweight on December 12, 2024, and kept the price target unchanged to $500. On November 26, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $360 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $450 on November 04, 2024. Pivotal Research Group reiterated its recommendation of a Buy and raised its price target to $525 on November 04, 2024. Wolfe Research downgraded its rating to Underperform for this stock on September 30, 2024, but kept the price target unchanged to $300. In a note dated September 19, 2024, RBC Capital Mkts initiated an Sector Perform rating and provided a target price of $345 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 $362.58 at the most recent close of the market. An investor can expect a potential return of 43.44% based on the average CHTR price forecast.
Analyzing the CHTR fundamentals
According to Charter Communications Inc [NASDAQ:CHTR], the company’s sales were 55.09B for trailing twelve months, which represents an 1.57% jump. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.14%, 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 0.35 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.77.
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 355.12 points at the first support level, and at 347.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 366.80, and for the 2nd resistance point, it is at 371.03.
Ratios To Look Out For
It is important to note that Charter Communications Inc [NASDAQ:CHTR] has a current ratio of 0.31. Also, the Quick Ratio is 0.31, while the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 1.04, the price to book ratio is 3.30 and price to earnings (TTM) ratio is 10.30.
Transactions by insiders
Recent insider trading involved Rutledge Thomas, Director, that happened on Nov 14 ’24 when 15000.0 shares were purchased.
