For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $264.70 in the prior trading day, Charter Communications Inc. (NASDAQ: CHTR) closed at $259.10, down -2.12%. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 2.17 million shares were traded. CHTR stock price reached its highest trading level at $262.99 during the session, while it also had its lowest trading level at $255.77.
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 52.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.28. 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:
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 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 37410414592 and an Enterprise Value of 139745918976. As of this moment, Charter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.63, and their Forward P/E ratio for the next fiscal year is 7.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 3.39. Its current Enterprise Value per Revenue stands at 2.559 whereas that against EBITDA is 6.659.
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 $254.31. The 50-Day Moving Average of the stock is -8.30%, while the 200-Day Moving Average is calculated to be -30.39%.
Shares Statistics:
The stock has traded on average 1.70M shares per day over the past 3-months and 1186540 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 97.73M. Insiders hold about 32.32% of the company’s shares, while institutions hold 70.95% stake in the company. Shares short for CHTR as of 1713139200 were 12215269 with a Short Ratio of 7.18, compared to 1710460800 on 10046684. Therefore, it implies a Short% of Shares Outstanding of 12215269 and a Short% of Float of 12.47.
