Beyond The Numbers: 8 Analysts Discuss Charter Communications Stock

During the last three months, 8 analysts shared their evaluations of Charter Communications CHTR, revealing diverse outlooks from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $281.5, a high estimate of $330.00, and a low estimate of $250.00. Highlighting a 6.92% decrease, the current average has fallen from the previous average price target of $302.43.

Analyzing Analyst Ratings: A Detailed Breakdown

A clear picture of Charter Communications's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Charter Communications. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Charter Communications compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Charter Communications's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Charter Communications's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Charter Communications analyst ratings.

Unveiling the Story Behind Charter Communications

Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 57 million US homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

Financial Insights: Charter Communications

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Revenue Growth: Charter Communications displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 0.19%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Communication Services sector.

Net Margin: Charter Communications's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 8.09%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Charter Communications's ROE excels beyond industry benchmarks, reaching 9.63%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Charter Communications's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.75% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Charter Communications's debt-to-equity ratio surpasses industry norms, standing at 8.25. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Understanding the Relevance of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.