Charter Communications Inc (CHTR) saw downtrend of -4.07% in the recent trading with $383.33 being its most recent. The current price level -12.29% lower than the highest price of $437.06 marked by the stock while trading over the past 52-weeks, whereas it is 25.78% higher than the lowest price of $304.76 the company dropped to over past 52-weeks. The latest news story on CHTR appeared in (Zacks) under the title “Verizon or Charter: Which Telecom Stock is the Smarter Investment?” on Today.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 25 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.52 for the stock.
Charter Communications Inc Earnings – What Happened With CHTR
Coming around sales and income figures on CHTR Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Charter Communications Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 140.36 million. CHTR does have institutional investors; and they hold 79.43% of the stock.
As on 2024-06-30, DODGE & COX was the top most holder in Charter Communications Inc (NASDAQ:CHTR) with an ownership of 11.68 million shares of the company or 8.1498 of the stake worth $3.49 billion. The filing also reveals CAPITAL INTERNATIONAL INVESTORS as the second largest holder in the company with a control over 6.8716 of the outstanding shares. Its stake is worth $2.94 billion for having 9.85 million shares in hand.
VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 5.6366 of the outstanding shares. With this there are now 1252.0 institutions which have possession in CHTR’s shares.
Key Metrics forCHTR
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Charter Communications Inc has a debt to equity ratio of 5.81.
Technical Analysis of Charter Communications Inc (NASDAQ:CHTR) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Charter Communications Inc (CHTR), we notice that the stock’s 20-day average volume is at 1,188,375 shares. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 1,257,702 shares. And to end, CHTR’s 100-day average volume is 1,340,255 shares with 100% of the long-term indicators pointing towards Buy for the stock.
