News coverage about Charter Communications (NASDAQ:CHTR) has trended somewhat positive on Monday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Charter Communications earned a news impact score of 0.10 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.5542892431125 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
A number of analysts have recently weighed in on the stock. reaffirmed a “hold” rating and set a $360.00 price target (up previously from $300.00) on shares of Charter Communications in a report on Tuesday, August 1st. UBS AG reaffirmed a “buy” rating and set a $450.00 price target (up previously from $380.00) on shares of Charter Communications in a report on Monday, August 14th. Telsey Advisory Group raised shares of Charter Communications from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $340.00 to $450.00 in a report on Wednesday, August 9th. Zacks Investment Research raised shares of Charter Communications from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Finally, BidaskClub raised shares of Charter Communications from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Thirteen equities research analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $378.12.
Charter Communications (CHTR) traded up $0.91 during mid-day trading on Monday, hitting $341.54. 1,250,400 shares of the stock traded hands, compared to its average volume of 1,674,883. The company has a market capitalization of $84,910.00, a P/E ratio of 212.14, a P/E/G ratio of 5.30 and a beta of 1.10. Charter Communications has a 12-month low of $260.00 and a 12-month high of $408.83. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.40 and a quick ratio of 0.40.
Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results on Thursday, October 26th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.77). The business had revenue of $10.46 billion for 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%. Charter Communications’s revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.69 EPS. sell-side analysts expect that Charter Communications will post 2.77 earnings per share for the current year.
In other Charter Communications news, CFO Christopher L. Winfrey purchased 3,100 shares of the company’s stock in a transaction dated Monday, October 30th. The stock was purchased at an average price of $323.61 per share, with a total value of $1,003,191.00. Following the completion of the purchase, the chief financial officer now owns 49,916 shares of the company’s stock, valued at $16,153,316.76. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.56% of the stock is currently owned by company insiders.
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Charter Communications Company Profile
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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