Economy

The Investment Analysts' Weekly Ratings Updates for Charter Communications (CHTR)

Here we will take a look into some valuation metrics for Charter Communications, Inc. The company's market cap is $94.6 Billion, and the average volume is $2.04 Million. Inverness Counsel LLC NY's holdings in Charter Communications were worth $24,160,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. New York State Teachers Retirement System now owns 350,986 shares of the company's stock valued at $127,555,000 after buying an additional 6,014 shares during the last quarter. It opened the session with a $89 price tag, later ranging from $88.17 to $90.76, the range at which the stock has traded at throughout the day. Syntal Capital Partners LLC increased its stake in Charter Communications by 11.4% in the 3rd quarter.

When we look at the Analyst Recommendations of the stock, the company has 2.83 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Charter Communications, Inc.'s institutional ownership is 77.7%, while its institutional transactions stand at 0.07%. Finally, Wells Fargo & Company restated a "market perform" rating and issued a $372.00 target price (up from $330.00) on shares of Charter Communications in a research note on Sunday, July 30th. The number of shares now owned by investors are 283.08 mln. Institutional investors and hedge funds own 74.06% of the company's stock.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by Week Herald and is owned by of Week Herald. If you are accessing this article on another website, it was stolen and reposted in violation of global copyright & trademark legislation. The correct version of this report can be accessed at https://www.truebluetribune.com/2017/11/01/charter-communications-inc-chtr-earns-buy-rating-from-macquarie.html. Pivotal Research restated a "buy" rating and issued a $420.00 target price (up from $405.00) on shares of Charter Communications in a research note on Friday, October 27th. The price index of Charter Communications, Inc.

Tesla Motors, Inc. (TSLA) analysts on average have given a price target of $0 on TSLA stock. SunTrust Banks, Inc. restated a "buy" rating and set a $380.00 price target on shares of Charter Communications in a report on Friday, October 27th. Finally, Moffett Nathanson restated a "neutral" rating on shares of Charter Communications in a report on Monday, October 16th. The stock has an average rating of Buy and an average target price of $379.18. Days to cover increased from 3.0 to 4.0 and the percentage of shorted shares is 0.03% as of October 13. The shares were purchased at an average price of $323.61 per share, with a total value of $1,003,191.00. As of December 31, 2016, the Company was engaged in providing video, Internet and voice services to approximately 26.2 million residential and business customers. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The shares were sold at an average price of $399.00, for a total transaction of $4,379,424.00. "In 3Q, legacy TWC lost 25k more video subs YoY, comprising 86k/104k of the losses as the purging of subs in low-value packages continues.", the firm's analyst wrote. The disclosure for this sale can be found here. (NasdaqGS:CHTR) is 39. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.

Shares of Charter Communications, Inc. (NASDAQ:CHTR) traded up 1.26% during midday trading on Wednesday, reaching $338.37. Barrett Asset Management LLC now owns 398 shares of the company's stock worth $134,000 after acquiring an additional 216 shares in the last quarter.

The company now has a P/E ratio of 95.72 and market cap is 86.18B. The 52-Week High range of the stock is $408.83, while the 52-week low range is $241.5. If the Golden Cross is greater than 1, then the 50 day moving average is above the 200 day moving average - indicating a positive share price momentum. According to the Analysts, the Low Earnings estimate for the current quarter is $0.65, while the High earnings estimate is $2.17.Comparatively, EPS for the same quarter past year was $1.84. The Gross Margin Score of Charter Communications, Inc.

EPS Estimate for the next Quarter is 1.33. During the same quarter previous year, the business earned $0.69 EPS. Parallel Advisors LLC now owns 308 shares of the company's stock worth $121,000 after acquiring an additional 93 shares in the last quarter. Equities analysts anticipate that Charter Communications, Inc. will post $0.60 EPS for the current year.

Charter Communications, Inc (Charter) is a provider of cable services, offering various entertainments, information and communications solutions to residential and commercial customers. The Company operates in cable services segment.



Like this

Latest


01 November 2017
SodaStream International Ltd. (SODA) Issues FY17 Earnings Guidance
Eqis Capital Management Inc. increased its stake in shares of SodaStream International by 0.6% in the third quarter. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company.

01 November 2017
How to watch Facebook, Google, and Twitter get grilled by Congress again
Warner (Va.), the ranking Democrat on the committee, suggested that the Russians were successful at influencing American voters. Dianne Feinstein (D-Calif.) said the disinformation campaign underscores the "frightening power of social media".

01 November 2017
Winter weather watch issued for snow
A winter weather advisory is in effect from noon to midnight Wednesday for Ely and the Gunflint Trail. Visibility may also be limited at times, making it hard to view changing conditions on the roads.

01 November 2017
Government to introduce laws to encourage use of drones
We have studied various policies from all across the globe and formulated a drone policy which would encourage this industry. Besides "RFID/SIM", drones should have return to home option and anti-collision lights, as per the draft rules.

01 November 2017
Margot Robbie, Elizabeth Banks team up for 'Paper Bag Princess'
The movie, which the actress also produced with Unkeless, is generating awards chatter ahead of its December 8 release. If that script is strong, and if the schedules align, Robbie is expected to star in the movie.

01 November 2017
Exact Sciences Corporation (EXAS) Sets New 52-Week High Following Earnings Beat
Ameritas Investment Partners Inc. increased its position in shares of Exact Sciences Corporation by 5.6% in the second quarter. Qs Investors Ltd Limited Liability Company has 0% invested in EXACT Sciences Corporation (NASDAQ: EXAS ) for 2,518 shares.

01 November 2017
Cadence Bank NA Lowers Position in American Electric Power Company, Inc. (AEP)
Moreover, Bbva Compass Commercial Bank Inc has 0.1% invested in American Electric Power Company Inc (NYSE:AEP) for 21,307 shares. It dropped, as 64 investors sold AMZN shares while 542 reduced holdings. 153 funds opened positions while 670 raised stakes.

01 November 2017
Apollo Commercial Real Estate Finance, Inc
The Company is primarily engaged in originating and investing in commercial real estate (CRE) loans and related investments. Advisors Asset Management Inc. increased its position in Apollo Commercial Real Estate Finance by 42.6% in the 2nd quarter.

01 November 2017
Wales squad named for France and Panama friendlies
The 20-year-old will link up with Wales for the second time when they face France and Panama in friendlies. Chris Coleman admits Wales' November friendlies could be his last games as an worldwide manager.

01 November 2017
FireEye, Inc. Earnings Ahead: Quick Glance
However, -2.08% over the last one month, 14.32% for the last quarter and year to date performance stands at 42.18%. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands.



Recommended