Charter Communications Inc (NASDAQ: CHTR) is -1.25% lower on its value in year-to-date trading and has touched a low of $236.08 and a high of $415.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CHTR stock was last observed hovering at around $389.12 in the last trading session, with the day’s loss setting it -5.28%.
Currently trading at $383.84, the stock is 2.46% and 10.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing -1.36% at the moment leaves the stock 23.20% off its SMA200. CHTR registered -4.63% loss for a year compared to 6-month gain of 43.01%. The firm has a 50-day simple moving average (SMA 50) of $346.253 and a 200-day simple moving average (SMA200) of $311.0536.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 15.54% loss in the last 1 month and extending the period to 3 months gives it a 10.07%, and is -2.64% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.99% over the week and 3.18% over the month.
Charter Communications Inc (CHTR) has around 101100 employees, a market worth around $109.16B and $54.87B in sales. Current P/E ratio is 12.02 and Fwd P/E is 10.74. Profit margin for the company is 8.52%. Distance from 52-week low is 62.59% and -7.57% from its 52-week high. The company has generated returns on investments over the last 12 months (4.34%).
The EPS is expected to grow by 12.41% this year
1195.0 institutions hold shares in Charter Communications Inc (CHTR), with institutional investors hold 113.96% of the company’s shares. The shares outstanding are 145.23M, and float is at 96.20M with Short Float at 12.94%. Institutions hold 72.17% of the Float.
The top institutional shareholder in the company is DODGE & COX with over 11.68 million shares valued at $3.49 billion. The investor’s holdings represent 8.0832 of the CHTR Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL INTERNATIONAL INVESTORS with 9.85 million shares valued at $2.94 billion to account for 6.8155 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 8.08 million shares representing 5.5906 and valued at over $2.42 billion, while BLACKROCK INC. holds 4.5951 of the shares totaling 6.64 million with a market value of $1.99 billion.
Charter Communications Inc (CHTR) Insider Activity
Charter Communications Inc disclosed in a document filed with the SEC on Feb 28 ’24 that Jacobson Craig A (Director) sold a total of 918 shares of the company’s common stock. The trade occurred on Feb 28 ’24 and was made at $289.24 per share for $0.27 million. Following the transaction, the insider now directly holds 9331.0 shares of the CHTR stock.
Still, SEC filings show that on Feb 06 ’24, Winfrey Christopher L (President and CEO) acquired 5,050 shares at an average price of $295.29 for $1.49 million. The insider now directly holds 57,703 shares of Charter Communications Inc (CHTR).
