Charter Communications Inc (NASDAQ: CHTR) is -3.33% 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 $322.43 in the last trading session, with the day’s gains setting it 8.91%.
Currently trading at $331.34, the stock is -5.55% and -7.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 2.76% at the moment leaves the stock -5.82% off its SMA200. CHTR registered 27.48% gain for a year compared to 6-month gain of 1.16%. The firm has a 50-day simple moving average (SMA 50) of $356.9202 and a 200-day simple moving average (SMA200) of $351.81094.
The stock witnessed a -8.92% loss in the last 1 month and extending the period to 3 months gives it a -5.48%, and is -2.66% 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 3.47% over the week and 4.51% over the month.
Charter Communications Inc (CHTR) has around 94500 employees, a market worth around $52.50B and $55.09B in sales. Current P/E ratio is 9.42 and Fwd P/E is 7.73. Profit margin for the company is 9.23%. Distance from 52-week low is 40.35% and -20.21% from its 52-week high. The company has generated returns on investments over the last 12 months (4.67%).
with sales reaching $13.67B over the same period.The EPS is expected to grow by 6.54% this year, but quarterly earnings will post 0.11% year-over-year. Quarterly sales are estimated to shrink -0.07% in year-over-year returns.
Charter Communications Inc (CHTR) Top Institutional Holders
1241.0 institutions hold shares in Charter Communications Inc (CHTR), with institutional investors hold 96.62% of the company’s shares. The shares outstanding are 141.95M, and float is at 97.12M with Short Float at 12.62%. Institutions hold 66.15% 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 8.1498% 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 6.8716 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 8.08 million shares representing 5.6366% and valued at over $2.42 billion, while BLACKROCK INC. holds 4.6329 of the shares totaling 6.64 million with a market value of $1.99 billion.
Charter Communications Inc (CHTR) Insider Activity
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