Shares of Charter Communications, Inc. (NASDAQ:CHTR) have been given a consensus recommendation of “Hold” by the twenty-four research firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $381.31.
A number of analysts recently weighed in on the company. Zacks Investment Research downgraded Charter Communications from a “hold” rating to a “sell” rating in a research report on Thursday. Moffett Nathanson raised Charter Communications from a “neutral” rating to a “buy” rating in a research note on Monday, January 8th. Wells Fargo & Co reaffirmed a “market perform” rating and issued a $359.00 price target (up from $340.00) on shares of Charter Communications in a research note on Thursday, January 4th. Guggenheim raised Charter Communications from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 3rd. Finally, BidaskClub raised Charter Communications from a “strong sell” rating to a “sell” rating in a research note on Wednesday, December 27th.
In other Charter Communications news, CFO Christopher L. Winfrey bought 3,100 shares of Charter Communications stock in a transaction dated Monday, October 30th. The shares were purchased at an average cost of $323.61 per share, with a total value of $1,003,191.00. Following the completion of the purchase, the chief financial officer now owns 49,916 shares of the company’s stock, valued at $16,153,316.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.56% of the stock is currently owned by insiders.
Shares of Charter Communications (NASDAQ:CHTR) opened at $365.25 on Friday. The firm has a market capitalization of $88,960.00, a P/E ratio of 198.51, a P/E/G ratio of 2.53 and a beta of 1.06. Charter Communications has a 12-month low of $301.28 and a 12-month high of $408.83. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.40 and a quick ratio of 0.40.
Charter Communications (NASDAQ:CHTR) last released its earnings results on Thursday, October 26th. The company reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.77). The firm had revenue of $10.46 billion during the quarter, compared to the consensus estimate of $10.49 billion. Charter Communications had a return on equity of 0.91% and a net margin of 1.93%. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.69 EPS. analysts expect that Charter Communications will post 2.22 earnings per share for the current fiscal year.
Charter Communications Company Profile
Charter Communications, Inc (Charter) is a provider of cable services, offering various entertainments, information and communications solutions to residential and commercial customers. The Company’s services include Video Services, Internet Services, Voice Services, Commercial Services and Advertising Services.
Receive News & Ratings for Charter Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charter Communications and related companies with MarketBeat.com's FREE daily email newsletter.