Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $358.26 in the prior trading day, Charter Communications Inc (NASDAQ: CHTR) closed at $352.77, down -1.53%. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 1.25 million shares were traded. CHTR stock price reached its highest trading level at $361.65 during the session, while it also had its lowest trading level at $351.28.
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 133.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.34. In the meantime, Its Debt-to-Equity ratio is 6.76 whereas as Long-Term Debt/Eq ratio is at 6.63.
On November 26, 2024, Exane BNP Paribas Upgraded its rating to Neutral which previously was Underperform but kept the price unchanged to $360.
BofA Securities Upgraded its Neutral to Buy on November 04, 2024, whereas the target price for the stock was revised from $385 to $450.
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 Nov 14 ’24 when Rutledge Thomas bought 15,000 shares for $400.00 per share.
Jacobson Craig A sold 918 shares of CHTR for $265,518 on Feb 28 ’24. The Director now owns 9,331 shares after completing the transaction at $289.24 per share. On Feb 06 ’24, another insider, Winfrey Christopher L, who serves as the President and CEO of the company, bought 5,050 shares for $295.29 each. As a result, the insider paid 1,491,214 and bolstered with 57,703 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 50158247936 and an Enterprise Value of 150490054656. As of this moment, Charter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.05, and their Forward P/E ratio for the next fiscal year is 9.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 2.743 whereas that against EBITDA is 7.0.
Stock Price History:
Over the past 52 weeks, CHTR has reached a high of $415.27, while it has fallen to a 52-week low of $236.08. The 50-Day Moving Average of the stock is -4.17%, while the 200-Day Moving Average is calculated to be 10.07%.
Shares Statistics:
The stock has traded on average 1.31M shares per day over the past 3-months and 1132750 shares per day over the last 10 days, according to various share statistics. A total of 142.20M shares are outstanding, with a floating share count of 96.30M. Insiders hold about 32.28% of the company’s shares, while institutions hold 73.71% stake in the company. Shares short for CHTR as of 1732838400 were 11457900 with a Short Ratio of 8.73, compared to 1730332800 on 12446256. Therefore, it implies a Short% of Shares Outstanding of 11457900 and a Short% of Float of 11.959999999999999.
