Charter Communications Inc. (NASDAQ:CHTR) traded at $323.78 at last check on current trade day and made a downward move of -2.36% on its previous day’s price.
Looking at the stock we see that its previous close was $331.62 and the beta (5Y monthly) reads 1.051 with the day’s price range being $320.86 – $331.14. The company has a trailing 12-month PE ratio of 10.32. In terms of its 52-week price range, CHTR has a high of $458.30 and a low of $236.08. The company’s stock has lost about -7.15% over that past 30 days.
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Charter Communications Inc. has a market cap of $46.22 billion and is expected to release its quarterly earnings report on 2024-Oct-25.
On the other hand, looking at the outlook for the CHTR stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy.
Based on estimates by 25 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 10 have rated the Charter Communications Inc. (CHTR) stock as a Hold, while 10 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 5 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the CHTR stock currently stands at 1.99, and the most recent price level today is -4.46% off its SMA20 and -6.01% from its 50-day simple moving average. The RSI (14) is pointing at 38.51 while the volatility over the past week is 3.24% and jumps to 3.15% over the past one month. The beta value is 1.05, while the average true range (ATR) is currently pointing at 10.52. The average price target for the stock over the next 12 months is $541, with the estimates having a low of $250 and a high of $900. These price ends are 22.79% and -177.97% off the today’s price level respectively, although investors could be excited at the prospect of a -67.09% if the CHTR share price touches on the median price of $541.
Coming back to Charter Communications Inc. (NASDAQ:CHTR), we note that the average 3-month trading volume was 1.29 million, while that of the preceding 10-day period stands at 1.23 million. Current shares outstanding are 145.23 million.
The insiders hold 32.35% of the company’s shares while institutions hold 76.28%. The data shows that short shares as of 2024-08-30, stood at 11.83 million at a short ratio of 12.45. This represents a 1228.00 short interest in shares outstanding on 2024-08-30. Shares short rose in August from the previous month at 11.73 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -16.70% down in year-to-date price movement.
