The price of Charter Communications Inc. (NASDAQ: CHTR) closed at $319.66 in the last session, down -3.50% from day before closing price of $331.24. In other words, the price has decreased by -$11.58 from its previous closing price. On the day, 1490525 shares were traded. CHTR stock price reached its highest trading level at $334.17 during the session, while it also had its lowest trading level at $319.62.
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Ratios:
We take a closer look at CHTR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 90.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 10.40 whereas as Long-Term Debt/Eq ratio is at 10.19.
Upgrades & Downgrades
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 22 when Rutledge Thomas sold 30,000 shares for $383.64 per share. The transaction valued at 11,509,350 led to the insider holds 17,493 shares of the business.
Miron Steven A bought 2,500 shares of CHTR for $960,875 on Jan 31. The Director now owns 9,173 shares after completing the transaction at $384.35 per share. On Nov 01, another insider, Zinterhofer Eric Louis, who serves as the Director of the company, bought 27,202 shares for $374.04 each. As a result, the insider paid 10,174,605 and bolstered with 46,901 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHTR now has a Market Capitalization of 56.28B and an Enterprise Value of 153.54B. As of this moment, Charter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.48, and their Forward P/E ratio for the next fiscal year is 8.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 5.14. Its current Enterprise Value per Revenue stands at 2.84 whereas that against EBITDA is 7.34.
Stock Price History:
Over the past 52 weeks, CHTR has reached a high of $515.66, while it has fallen to a 52-week low of $297.66. The 50-Day Moving Average of the stock is 344.73, while the 200-Day Moving Average is calculated to be 365.83.
Shares Statistics:
According to the various share statistics, CHTR traded on average about 1.06M shares per day over the past 3-months and 999.31k shares per day over the past 10 days. A total of 151.44M shares are outstanding, with a floating share count of 99.13M. Insiders hold about 12.30% of the company’s shares, while institutions hold 67.80% stake in the company. Shares short for CHTR as of May 14, 2023 were 8.94M with a Short Ratio of 8.94M, compared to 8.64M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.94% and a Short% of Float of 8.72%.
Earnings Estimates
The company has 16 analysts who recommend its stock at the moment. On average, analysts expect EPS of $8.01 for the current quarter, with a high estimate of $9.36 and a low estimate of $6.64, while EPS last year was $8.8. The consensus estimate for the next quarter is $8.37, with high estimates of $10.11 and low estimates of $6.84.
Analysts are recommending an EPS of between $37.34 and $27.46 for the fiscal current year, implying an average EPS of $32.56. EPS for the following year is $39.01, with 21 analysts recommending between $48.86 and $31.77.
Revenue Estimates
According to 15 analysts, the current quarter’s revenue is expected to be $13.83B. It ranges from a high estimate of $14.01B to a low estimate of $13.68B. As of the current estimate, Charter Communications Inc.’s year-ago sales were $13.6B, an estimated increase of 1.70% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $13.81B, an increase of 1.00% less than the figure of $1.70% in the same quarter last year. There is a high estimate of $13.98B for the next quarter, whereas the lowest estimate is $13.69B.
A total of 20 analysts have provided revenue estimates for CHTR’s current fiscal year. The highest revenue estimate was $55.79B, while the lowest revenue estimate was $54.85B, resulting in an average revenue estimate of $55.19B. In the same quarter a year ago, actual revenue was $54.02B, up 2.20% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $56.67B in the next fiscal year. The high estimate is $58.19B and the low estimate is $55.61B. The average revenue growth estimate for next year is up 2.70% from the average revenue estimate for this year.
