News headlines about Charter Communications (NASDAQ:CHTR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Charter Communications earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.8298495553346 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have effected Accern’s rankings:
- Comcast (CMCSA) to Report Q4 Earnings: What’s in Store? (zacks.com)
- Charter Communications, Inc. (CHTR) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- Charter Communications (CHTR) Downgraded to Sell at Zacks Investment Research (americanbankingnews.com)
- Technical summary on Charter Communications, Inc. (CHTR) – Wall Street Morning (wallstreetmorning.com)
- Charter Communications, Inc. (CHTR): Institutional Holdings and Trading Data – Market Movers (financialqz.com)
Charter Communications (NASDAQ CHTR) traded up $0.80 on Friday, reaching $366.05. 1,381,533 shares of the company traded hands, compared to its average volume of 1,461,462. The company has a market cap of $90,800.00, a PE ratio of 198.94, a P/E/G ratio of 2.55 and a beta of 1.06. Charter Communications has a 1-year low of $306.16 and a 1-year high of $408.83. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.55.
Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data on Thursday, October 26th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.77). The company had revenue of $10.46 billion during the quarter, compared to the consensus estimate of $10.49 billion. Charter Communications had a net margin of 1.93% and a return on equity of 0.91%. The company’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 earnings per share. equities research analysts predict that Charter Communications will post 2.21 EPS for the current fiscal year.
CHTR has been the subject of a number of analyst reports. SunTrust Banks reaffirmed a “buy” rating and set a $380.00 target price on shares of Charter Communications in a report on Friday, October 27th. Pivotal Research reaffirmed a “buy” rating and set a $420.00 target price (up previously from $405.00) on shares of Charter Communications in a report on Friday, October 27th. Macquarie reissued a “buy” rating and issued a $430.00 price target on shares of Charter Communications in a report on Tuesday, October 3rd. Buckingham Research assumed coverage on shares of Charter Communications in a report on Wednesday, December 13th. They issued a “buy” rating and a $415.00 price target for the company. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $400.00 price target on shares of Charter Communications in a report on Thursday, November 2nd. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $382.53.
In related news, CFO Christopher L. Winfrey acquired 3,100 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The shares were acquired at an average cost of $323.61 per share, with a total value of $1,003,191.00. Following the transaction, the chief financial officer now owns 49,916 shares of the company’s stock, valued at approximately $16,153,316.76. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.56% of the company’s stock.
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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