Disciplined Financials And Attractive Valuation: Charter Communications, Inc. (CHTR)

Wall Street analysts will be watching closely when Charter Communications, Inc. (NASDAQ:CHTR) reports its quarterly earnings next, which is scheduled for Thu 31 Jan (In 18 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $1.88 per share. In the preceding quarter, the company reportedly generated EPS of $1.36 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 11.60%, a profit margin of 24.40% and a gross margin of 43.10%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Charter Communications, Inc. (NASDAQ:CHTR). Most recently, on October 29th, 2018, UBS Reiterated a Buy rating. Before that, on July 31st, 2018, Pivotal Research Group Reiterated to Buy. Credit Suisse Initiated a Neutral rating on July 11th, 2018, Goldman Upgrade an Buy rating on June 21st, 2018, and Jefferies Resumed a Hold rating on June 7th, 2018.

At its current price point, combined with the fact that this company has 227.46M shares outstanding, the current market capitalization sits at 67.00B. In the last trading day, 906,820 shares of Charter Communications, Inc. were traded, which compares to its usual volume of about 1.41M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$8.20 in the past five trading days, resulting in a percentage change of -2.71% and a moving average of 297.41. In the past 20 days, its price changed by -$22.24 (which is -7.02%) and the stock’s moving average was 294.37. Looking back a full 50 days, shares of CHTR changed by -$6.31 (which is -2.10%) and demonstrated a moving average of 309.98.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 63.45%, a 14-day Stochastic %K score of 63.67% and a 20-day Stochastic %K score of 44.15%. Using a similar metric, Charter Communications, Inc. (CHTR) shares showed a Stochastic %D of 72.81% over the past 9 days, a Stochastic %D score of 65.42% over the last 14 days, and a 20-day Stochastic %D of 47.91%. Meanwhile, this stock’s MACD Oscillator was 0.48 over the past 9 days, 4.72 over the past two weeks, and 0.58 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $294.54 level. Over the past 12 months, this stock has experienced a high price of $396.64 and a low of $250.10. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

TCI Fund Management Ltd sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Charter Communications, Inc. (NASDAQ:CHTR) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 13,573,841 shares of the company’s stock following the subtraction of -34,000 to this investor’s holdings during the three-month period. This share count represents that TCI Fund Management Ltd now held 5.93% stake in Charter Communications, Inc. (CHTR)’s shares.

Just in the most recent trading day, Charter Communications, Inc. (NASDAQ:CHTR) experienced a high price of $295.03 and low point of $290.83. At the end of the last trading session, this stock was at 294.54 per share, following a loss of -$1.65, or 0.64% during the full day.