Charter Communications, Inc. (NASDAQ:CHTR) Given Consensus Rating of “Hold” by Analysts

Charter Communications, Inc. (NASDAQ:CHTR) has been given an average rating of “Hold” by the twenty brokerages that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $384.42.

A number of research firms have recently commented on CHTR. Barclays increased their target price on Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a research note on Monday, February 3rd. KeyCorp raised Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 target price on the stock in a research note on Thursday, December 12th. Benchmark reaffirmed a “buy” rating and set a $450.00 price objective on shares of Charter Communications in a research report on Friday, January 31st. BNP Paribas raised Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 price objective on the stock in a research report on Tuesday, November 26th. Finally, Royal Bank of Canada increased their price objective on Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a research report on Monday, February 3rd.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CHTR. Ashton Thomas Securities LLC bought a new position in shares of Charter Communications in the third quarter worth about $28,000. Avior Wealth Management LLC raised its stake in shares of Charter Communications by 104.7% in the fourth quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock worth $30,000 after buying an additional 45 shares during the period. Sierra Ocean LLC bought a new position in shares of Charter Communications in the fourth quarter worth about $32,000. Generali Asset Management SPA SGR bought a new position in shares of Charter Communications in the fourth quarter worth about $36,000. Finally, Brown Brothers Harriman & Co. raised its stake in shares of Charter Communications by 37.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company’s stock worth $36,000 after buying an additional 29 shares during the period. Institutional investors own 81.76% of the company’s stock.

Charter Communications Trading Down 0.9 %

NASDAQ CHTR opened at $379.52 on Monday. Charter Communications has a 12 month low of $236.08 and a 12 month high of $415.27. The stock has a market cap of $53.97 billion, a P/E ratio of 10.86, a P/E/G ratio of 0.44 and a beta of 1.13. The stock’s fifty day moving average price is $354.80 and its 200-day moving average price is $354.61. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.73.

Charter Communications (NASDAQ:CHTR) last released its earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping analysts’ consensus estimates of $9.14 by $0.96. Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. During the same period in the previous year, the company earned $7.07 EPS. As a group, equities analysts forecast that Charter Communications will post 38.16 EPS for the current fiscal year.

About Charter Communications

Charter Communications, Inc operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services.