Charter Communications Inc (NASDAQ: CHTR) kicked off on Tuesday, up 0.81% from the previous trading day, before settling in for the closing price of $394.43. Over the past 52 weeks, CHTR has traded in a range of $236.08-$415.27.
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Annual sales at Communication Services sector company grew by 4.61% over the past five years. While this was happening, its average annual earnings per share was recorded 12.45%. With a float of $96.22 million, this company’s outstanding shares have now reached $142.20 million.
Let’s look at the performance matrix of the company that is accounted for 101100 employees. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Charter Communications Inc is 32.33%, while institutional ownership is 73.71%. 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) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 7.07 earnings per share (EPS), lower than consensus estimate (set at 8.77) by -1.7. Wall Street market experts anticipate that the next fiscal year will bring earnings of 8.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.45% 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
Take a look at Charter Communications Inc’s (CHTR) current performance indicators. Last quarter, stock had a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.06. Likewise, its price to free cash flow for the trailing twelve months is 30.06.
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 35.90 in one year’s time.
Technical Analysis of Charter Communications Inc (CHTR)
Charter Communications Inc (NASDAQ: CHTR) saw its 5-day average volume 0.99 million, a negative change from its year-to-date volume of 1.37 million. As of the previous 9 days, the stock’s Stochastic %D was 91.05%. Additionally, its Average True Range was 10.31.
During the past 100 days, Charter Communications Inc’s (CHTR) raw stochastic average was set at 84.02%, which indicates a significant increase from 51.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.56% in the past 14 days, which was lower than the 42.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $354.87, while its 200-day Moving Average is $315.07. Nevertheless, the first resistance level for the watch stands at $399.90 in the near term. At $402.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $405.59. If the price goes on to break the first support level at $394.21, it is likely to go to the next support level at $390.82. The third support level lies at $388.52 if the price breaches the second support level.
Charter Communications Inc (NASDAQ: CHTR) Key Stats
The company with the Market Capitalisation of 113.08 billion has total of 142,196K Shares Outstanding. Its annual sales at the moment are 54,607 M in contrast with the sum of 4,557 M annual income. Company’s last quarter sales were recorded 13,795 M and last quarter income was 1,280 M.