In the latest session, Charter Communications Inc. (NASDAQ: CHTR) closed at $294.61 down -0.23% from its previous closing price of $295.30. In other words, the price has decreased by -$0.69 from its previous closing price. On the day, 1191344 shares were traded.
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Ratios:
For a deeper understanding of Charter Communications Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 60.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 0.31. In the meantime, Its Debt-to-Equity ratio is 8.92 whereas as Long-Term Debt/Eq ratio is at 8.74.
Pivotal Research Group reiterated its Buy rating for the stock on February 05, 2024, while the target price for the stock was revised from $500 to $450.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 28 ’24 when Jacobson Craig A sold 918 shares for $289.24 per share. The transaction valued at 265,518 led to the insider holds 9,331 shares of the business.
Winfrey Christopher L bought 5,050 shares of CHTR for $1,491,214 on Feb 06 ’24. The President and CEO now owns 57,703 shares after completing the transaction at $295.29 per share. On Nov 17 ’23, another insider, Rutledge Thomas, who serves as the Executive Chairman of the company, sold 83,970 shares for $410.82 each. As a result, the insider received 34,496,611 and left with 0 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 42.54B and an Enterprise Value of 139.61B. As of this moment, Charter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.81, and their Forward P/E ratio for the next fiscal year is 8.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 3.86. Its current Enterprise Value per Revenue stands at 2.56 whereas that against EBITDA is 6.73.
Stock Price History:
Over the past 52 weeks, CHTR has reached a high of $458.30, while it has fallen to a 52-week low of $270.41. The 50-Day Moving Average of the stock is 317.62, while the 200-Day Moving Average is calculated to be 380.76.
Shares Statistics:
For the past three months, CHTR has traded an average of 1.63M shares per day and 1.6M over the past ten days. A total of 145.23M shares are outstanding, with a floating share count of 98.20M. Insiders hold about 31.99% of the company’s shares, while institutions hold 70.93% stake in the company. Shares short for CHTR as of Feb 29, 2024 were 10.96M with a Short Ratio of 6.72, compared to 9.11M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.55% and a Short% of Float of 11.28%.
Earnings Estimates
There are 18 different market analysts currently analyzing its stock. On average, analysts expect EPS of $7.96 for the current quarter, with a high estimate of $9.52 and a low estimate of $6.71, while EPS last year was $6.65. The consensus estimate for the next quarter is $8.66, with high estimates of $9.61 and low estimates of $7.72.
Analysts are recommending an EPS of between $39.77 and $30.4 for the fiscal current year, implying an average EPS of $34.46. EPS for the following year is $37.26, with 23 analysts recommending between $46.54 and $30.25.
Revenue Estimates
A total of 18 analysts believe the company’s revenue will be $13.75B this quarter.It ranges from a high estimate of $13.89B to a low estimate of $13.63B. As of the current estimate, Charter Communications Inc.’s year-ago sales were $13.62B, an estimated increase of 1.00% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $13.75B, a decrease of -0.60% less than the figure of $1.00% in the same quarter last year. There is a high estimate of $13.88B for the next quarter, whereas the lowest estimate is $13.64B.
A total of 24 analysts have provided revenue estimates for CHTR’s current fiscal year. The highest revenue estimate was $55.59B, while the lowest revenue estimate was $54.64B, resulting in an average revenue estimate of $55.19B. In the same quarter a year ago, actual revenue was $54.61B, up 1.10% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $55.61B in the next fiscal year. The high estimate is $56.54B and the low estimate is $54.71B. The average revenue growth estimate for next year is up 0.80% from the average revenue estimate for this year.
