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After finishing at $357.00 in the prior trading day, Charter Communications Inc. (NASDAQ: CHTR) closed at $351.22, down -1.62%. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 0.7 million shares were traded. CHTR stock price reached its highest trading level at $357.04 during the session, while it also had its lowest trading level at $350.54.
Ratios:
Our goal is to gain a better understanding of CHTR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 83.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.73. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 0.39. In the meantime, Its Debt-to-Equity ratio is 7.51 whereas as Long-Term Debt/Eq ratio is at 7.51.
Citigroup Downgraded its Neutral to Sell on July 03, 2024, whereas the target price for the stock was revised from $280 to $255.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 16 ’23, another insider, Rutledge Thomas, who serves as the Executive Chairman of the company, sold 155,756 shares for $411.54 each. As a result, the insider received 64,099,867 and left with 83,970 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 50133491712 and an Enterprise Value of 150931554304. As of this moment, Charter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.20, and their Forward P/E ratio for the next fiscal year is 10.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 3.89. Its current Enterprise Value per Revenue stands at 2.761 whereas that against EBITDA is 7.091.
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 $236.08. The 50-Day Moving Average of the stock is 11.65%, while the 200-Day Moving Average is calculated to be 8.18%.
Shares Statistics:
The stock has traded on average 1.27M shares per day over the past 3-months and 1041440 shares per day over the last 10 days, according to various share statistics. A total of 145.23M shares are outstanding, with a floating share count of 96.75M. Insiders hold about 32.22% of the company’s shares, while institutions hold 75.22% stake in the company. Shares short for CHTR as of 1722384000 were 11726234 with a Short Ratio of 9.21, compared to 1719532800 on 12396175. Therefore, it implies a Short% of Shares Outstanding of 11726234 and a Short% of Float of 12.1700004.
