CharterCommunications stock has undergone multiple analysts rating changes in the recent past. CharterCommunications Downgradedby RaymondJames on 10/11/2021. In a note to investors, the firm issued a new rating of MarketPerform. The analysts previously had rating of Outperform.
Shares of CharterCommunications traded down -$35.82 on friday, reaching $706.13. 521 shares of the stock traded hands, compared to its average volume of 938541. Shares of CharterCommunications were trading at $706.13 on friday. The firm’s 50 day moving average is $770.75 and its 200 day moving average is $687.20.CharterCommunications has a 12 month low of $704.57 and a 12 month high of $825.62. While on yearly highs and lows, CharterCommunications’s today has traded high as $726.19 and has touched $704.57 on the downward trend. See More Analyst Rating at: RATING
CharterCommunications Earnings and What to expect:
Charter Communications last announced its quarterly earnings results on July 29th, 2021. The reported $5.29 EPS for the quarter, topping the consensus estimate of $4.81 by $0.48. The company had revenue of $12.80 billion for the quarter, compared to analyst estimates of $12.62 billion. Its quarterly revenue was up 9.5% on a year-over-year basis. Charter Communications has generated $16.00 earnings per share over the last year ($19.35 diluted earnings per share) and currently has a price-to-earnings ratio of 36.5. Earnings for Charter Communications are expected to grow by 39.25% in the coming year, from $21.12 to $29.41 per share. Charter Communications has confirmed that its next quarterly earnings report will be published on Friday, October 29th, 2021. Charter Communications will be holding an earnings conference call on Friday, October 29th at 8:30 AM Eastern. Interested parties can or dial in at 404-537-3406 with passcode “1537299”.
Earnings for Charter Communications are expected to grow by 39.25% in the coming year, from $21.12 to $29.41 per share. The P/E ratio of Charter Communications is 36.49, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.54. The P/E ratio of Charter Communications is 36.49, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.02. Charter Communications has a PEG Ratio of 1.03. PEG Ratios around 1 indicate that a company is correctly valued. Charter Communications has a P/B Ratio of 4.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
CharterCommunications (NASDAQ:CHTR) Moving Average Technical Analysis
5 day Moving Average is $736.12 And 5 day price change is -$31.95 (-4.33%) with average volume for 5 day average is 728,020. While technical analysis for average 20 days shows significant difference, 20 day moving average is $746.32 and 20 day price change is -$80.99 (-10.29%) and average 20 day moving volume is 976,240. 50 day moving average is $770.75 and 50 day price change is -$7.67 ( -1.07%) and with average volume for 50 days is : 891,432. 200 day moving average is $687.20 and 200 day price change is $65.03 (10.14%) and with average volume for 200 days is : 978,122.
Other owners latest trading in CharterCommunications :
- On 10/8/2021 shares held by Eidelman Virant Capital were 5,832 which equates to market value of $4.27M and appx 1.60% owners of CharterCommunications
- On 10/8/2021 shares held by Veriti Management LLC were 1,962 which equates to market value of $1.43M and appx 0.20% owners of CharterCommunications
- On 10/7/2021 shares held by Berman Capital Advisors LLC were 634 which equates to market value of $0.46M and appx 0.10% owners of CharterCommunications
- In total Institutional ownership equates to Institutional Ownership Percentage: 69.96% for CharterCommunications
See More Analyst Rating at: RATING