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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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
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.
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.
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%.
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.
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.