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In the latest session, Charter Communications Inc. (NASDAQ: CHTR) closed at $312.97 down -2.29% from its previous closing price of $320.31. In other words, the price has decreased by -$2.29 from its previous closing price. On the day, 1.77 million shares were traded. CHTR stock price reached its highest trading level at $319.1 during the session, while it also had its lowest trading level at $306.36.
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 68.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.65. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 8.25 whereas as Long-Term Debt/Eq ratio is at 8.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on July 03, 2024, Downgraded its rating to Sell and sets its target price to $255 from $280 previously.
On July 01, 2024, Goldman started tracking the stock assigning a Sell rating and target price of $250.
Pivotal Research Group reiterated its Buy rating for the stock on April 29, 2024, while the target price for the stock was revised from $450 to $400.
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 45077069824 and an Enterprise Value of 146113069056. As of this moment, Charter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.12, and their Forward P/E ratio for the next fiscal year is 9.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 3.80. Its current Enterprise Value per Revenue stands at 2.674 whereas that against EBITDA is 6.916.
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 9.02%, while the 200-Day Moving Average is calculated to be -5.69%.
Shares Statistics:
For the past three months, CHTR has traded an average of 1.24M shares per day and 1381390 over the past ten days. A total of 145.23M shares are outstanding, with a floating share count of 97.63M. Insiders hold about 32.22% of the company’s shares, while institutions hold 73.76% stake in the company. Shares short for CHTR as of 1719532800 were 12396175 with a Short Ratio of 9.98, compared to 1717113600 on 12335236. Therefore, it implies a Short% of Shares Outstanding of 12396175 and a Short% of Float of 12.7.
