A new trading day began on Monday, with Charter Communications Inc (NASDAQ: CHTR) stock price down -9.20% from the previous day of trading, before settling in for the closing price of $403.06. CHTR’s price has ranged from $236.08 to $415.27 over the past 52 weeks.
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Communication Services Sector giant saw their annual sales surged by 4.61% over the last five years. Meanwhile, its annual earnings per share averaged 12.45%. With a float of $96.22 million, this company’s outstanding shares have now reached $142.20 million.
The firm has a total of 101100 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of Charter Communications Inc is 32.33%, while institutional ownership is 73.70%. 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) Earnings and Forecasts
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
Here are Charter Communications Inc’s current performance indicators. According to the last quarter’s results, the 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 1.89. Likewise, its price to free cash flow for the trailing twelve months is 27.59.
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)
Analysing the last 5-days average volume posted by the [Charter Communications Inc, CHTR], we can find that recorded value of 1.22 million was lower than the volume posted last year of 1.37 million. As of the previous 9 days, the stock’s Stochastic %D was 59.61%. Additionally, its Average True Range was 11.70.
During the past 100 days, Charter Communications Inc’s (CHTR) raw stochastic average was set at 55.38%, which indicates a significant increase from 0.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.41% in the past 14 days, which was lower than the 44.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $360.75, while its 200-day Moving Average is $317.05. Now, the first resistance to watch is $389.20. This is followed by the second major resistance level at $412.43. The third major resistance level sits at $424.10. If the price goes on to break the first support level at $354.30, it is likely to go to the next support level at $342.63. Should the price break the second support level, the third support level stands at $319.40.
Charter Communications Inc (NASDAQ: CHTR) Key Stats
With a market capitalization of 103.80 billion, the company has a total of 142,196K Shares Outstanding. Currently, annual sales are 54,607 M while annual income is 4,557 M. The company’s previous quarter sales were 13,795 M while its latest quarter income was 1,280 M.
