Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Charter Communications Inc (NASDAQ: CHTR) closed the day trading at $365.96 down -9.20% from the previous closing price of $403.06. In other words, the price has decreased by -$9.20 from its previous closing price. On the day, 1.96 million shares were traded. CHTR stock price reached its highest trading level at $400.77 during the session, while it also had its lowest trading level at $365.87.
Ratios:
For a better understanding of CHTR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 138.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.59. 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 04, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $385 to $450.
Pivotal Research Group reiterated its Buy rating for the stock on November 04, 2024, while the target price for the stock was revised from $435 to $525.
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 52033654784 and an Enterprise Value of 151584964608. As of this moment, Charter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.46, and their Forward P/E ratio for the next fiscal year is 10.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89 while its Price-to-Book (P/B) ratio in mrq is 3.69. Its current Enterprise Value per Revenue stands at 2.763 whereas that against EBITDA is 7.05.
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 1.44%, while the 200-Day Moving Average is calculated to be 15.43%.
Shares Statistics:
Over the past 3-months, CHTR traded about 1.28M shares per day on average, while over the past 10 days, CHTR traded about 1011790 shares per day. A total of 142.20M shares are outstanding, with a floating share count of 96.22M. Insiders hold about 32.33% of the company’s shares, while institutions hold 73.70% stake in the company. Shares short for CHTR as of 1731628800 were 12346431 with a Short Ratio of 9.67, compared to 1728950400 on 12476627. Therefore, it implies a Short% of Shares Outstanding of 12346431 and a Short% of Float of 12.889999999999999.
