On Tuesday, Charter Communications Inc (NASDAQ: CHTR) opened lower -0.05% from the last session, before settling in for the closing price of $385.02. Price fluctuations for CHTR have ranged from $236.08 to $415.27 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 4.61%. Company’s average yearly earnings per share was noted 12.32% at the time writing. With a float of $96.20 million, this company’s outstanding shares have now reached $145.23 million.
The extent of productivity of a business whose workforce counts for 101100 workers is very important to gauge. In terms of profitability, gross margin is 46.37%, operating margin of 23.76%, and the pretax margin is 12.92%.
Charter Communications Inc (CHTR) Insider Updates
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Charter Communications Inc is 32.34%, while institutional ownership is 73.96%. The most recent insider transaction that took place on Nov 14 ’24, was worth 6,000,000. Before that another transaction happened on Feb 28 ’24, when Company’s Director sold 918 for $289.24, making the entire transaction worth $265,518. This insider now owns 9,331 shares in total.
Charter Communications Inc (CHTR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 12.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.61% during the next five years compared to 41.86% growth over the previous five years of trading.
Charter Communications Inc (NASDAQ: CHTR) Trading Performance Indicators
Check out the current performance indicators for Charter Communications Inc (CHTR). In the past quarter, the stock posted a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.99. Likewise, its price to free cash flow for the trailing twelve months is 29.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 31.93, a number that is poised to hit 9.18 in the next quarter and is forecasted to reach 35.73 in one year’s time.
Technical Analysis of Charter Communications Inc (CHTR)
The latest stats from [Charter Communications Inc, CHTR] show that its last 5-days average volume of 1.52 million was superior to 1.39 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 17.86%. Additionally, its Average True Range was 13.03.
During the past 100 days, Charter Communications Inc’s (CHTR) raw stochastic average was set at 76.34%, which indicates a significant increase from 65.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.96% in the past 14 days, which was higher than the 42.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $345.02, while its 200-day Moving Average is $310.56. Now, the first resistance to watch is $389.81. This is followed by the second major resistance level at $394.77. The third major resistance level sits at $400.07. If the price goes on to break the first support level at $379.55, it is likely to go to the next support level at $374.25. Assuming the price breaks the second support level, the third support level stands at $369.29.
Charter Communications Inc (NASDAQ: CHTR) Key Stats
There are currently 142,196K shares outstanding in the company with a market cap of 109.45 billion. Presently, the company’s annual sales total 54,607 M according to its annual income of 4,557 M. Last quarter, the company’s sales amounted to 13,795 M and its income totaled 1,280 M.