Does Charter Communications Inc. (CHTR) offer a good opportunity for investors?

With 1.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.34 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $320.0 whereas the lowest price it dropped to was $314.9. The 52-week range on CHTR shows that it touched its highest point at $458.30 and its lowest point at $236.08 during that stretch. It currently has a 1-year price target of $373.70. Beta for the stock currently stands at 1.05.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CHTR was down-trending over the past week, with a drop of -4.32%, but this was down by -12.13% over a month. Three-month performance surged to 7.79% while six-month performance rose 8.01%. The stock lost -26.06% in the past year, while it has lost -18.44% so far this year. A look at the trailing 12-month EPS for CHTR yields 31.36 with Next year EPS estimates of 34.93. For the next quarter, that number is 8.66. This implies an EPS growth rate of 11.53% for this year and 4.43% for next year. EPS is expected to grow by 5.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 41.86%.

Float and Shares Shorts:

At present, 145.23 million CHTR shares are outstanding with a float of 96.56 million shares on hand for trading. On 2024-09-13, short shares totaled 11.89 million, which was 833.0 higher than short shares on 1723680000. In addition to Mr. Christopher L. Winfrey as the firm’s President, CEO & Director, Ms. Jessica M. Fischer serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.73773 of CHTR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CHTR reported revenue of $13685000000.0 and operating income of $3342000000.0. The EBITDA in the recently reported quarter was $5432000000.0 and diluted EPS was $8.49.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CHTR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.