Charter Communications (CHTR) Receives Daily Media Impact Rating of 0.20
News stories about Charter Communications (NASDAQ:CHTR) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Charter Communications earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.5490652472991 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Charter Communications (CHTR) traded up $4.44 during trading on Thursday, hitting $355.27. 1,191,089 shares of the stock traded hands, compared to its average volume of 1,641,681. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.40 and a current ratio of 0.40. Charter Communications has a 1-year low of $292.84 and a 1-year high of $408.83. The firm has a market cap of $88,200.00, a price-to-earnings ratio of 193.08, a P/E/G ratio of 2.60 and a beta of 1.06.
Charter Communications (NASDAQ:CHTR) last issued its earnings results on Thursday, October 26th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.77). The business had revenue of $10.46 billion for the quarter, compared to analyst estimates of $10.49 billion. Charter Communications had a net margin of 1.93% and a return on equity of 0.91%. Charter Communications’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.69 earnings per share. sell-side analysts predict that Charter Communications will post 2.21 earnings per share for the current year.
Several research analysts have recently issued reports on the stock. Evercore ISI boosted their price objective on shares of Charter Communications from $360.00 to $438.00 and gave the stock an “outperform” rating in a report on Friday, September 15th. Robert W. Baird restated a “hold” rating and set a $365.00 price objective on shares of Charter Communications in a report on Wednesday, October 4th. Royal Bank of Canada restated a “buy” rating and set a $420.00 price objective on shares of Charter Communications in a report on Monday, September 18th. Macquarie restated a “buy” rating and set a $430.00 price objective on shares of Charter Communications in a report on Tuesday, October 3rd. Finally, Wells Fargo & Co restated a “market perform” rating and set a $359.00 price objective (up previously from $340.00) on shares of Charter Communications in a report on Thursday, January 4th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. Charter Communications presently has an average rating of “Hold” and an average target price of $382.53.
In other news, CFO Christopher L. Winfrey purchased 3,100 shares of Charter Communications stock in a transaction on Monday, October 30th. The shares were purchased at an average cost of $323.61 per share, for a total transaction of $1,003,191.00. Following the completion of the transaction, the chief financial officer now directly owns 49,916 shares in the company, valued at $16,153,316.76. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.56% of the stock is owned by insiders.
About Charter Communications
Charter Communications, Inc (Charter) is a provider of cable services, offering various entertainments, information and communications solutions to residential and commercial customers. The Company’s services include Video Services, Internet Services, Voice Services, Commercial Services and Advertising Services.
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