Charter Communications Inc (NASDAQ: CHTR) is 12.71% higher on its value in year-to-date trading and has touched a low of $252.93 and a high of $415.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CHTR stock was last observed hovering at around $376.87 in the last trading session, with the day’s gains setting it 9.46%.
Currently trading at $386.33, the stock is 11.23% and 8.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing 2.51% at the moment leaves the stock 9.31% off its SMA200. CHTR registered 49.10% gain for a year compared to 6-month gain of 16.36%. The firm has a 50-day simple moving average (SMA 50) of $357.709 and a 200-day simple moving average (SMA200) of $353.43765.
The stock witnessed a 4.69% loss in the last 1 month and extending the period to 3 months gives it a 5.73%, and is 16.60% up 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 4.01% over the week and 4.76% over the month.
Charter Communications Inc (CHTR) has around 94500 employees, a market worth around $108.45B and $55.14B in sales. Current P/E ratio is 10.71 and Fwd P/E is 8.77. Profit margin for the company is 9.42%. Distance from 52-week low is 52.74% and -6.97% from its 52-week high. The company has generated returns on investments over the last 12 months (4.80%).
with sales reaching $13.76B over the same period.The EPS is expected to grow by 6.68% this year, but quarterly earnings will post 0.25% year-over-year. Quarterly sales are estimated to grow 0.54% in year-over-year returns.
Charter Communications Inc (CHTR) Top Institutional Holders
1244.0 institutions hold shares in Charter Communications Inc (CHTR), with institutional investors hold 116.02% of the company’s shares. The shares outstanding are 140.36M, and float is at 97.11M with Short Float at 11.59%. Institutions hold 74.71% 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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