Ratings for Charter Communications CHTR were provided by 12 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
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.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 1 | 7 | 2 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 2 | 0 | 5 | 1 | 0 |
| 3M Ago | 0 | 0 | 1 | 1 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Charter Communications, presenting an average target of $390.83, a high estimate of $500.00, and a low estimate of $300.00. This upward trend is apparent, with the current average reflecting a 3.3% increase from the previous average price target of $378.33.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive Charter Communications. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brandon Nispel | Keybanc | Maintains | Overweight | $500.00 | $500.00 |
| Kohulan Paramaguru | Exane BNP Paribas | Announces | Neutral | $360.00 | - |
| Matthew Harrigan | Benchmark | Raises | Buy | $450.00 | $440.00 |
| Bryan Kraft | Deutsche Bank | Raises | Hold | $365.00 | $340.00 |
| Jonathan Atkin | RBC Capital | Raises | Sector Perform | $390.00 | $345.00 |
| Sebastiano Petti | JP Morgan | Raises | Neutral | $400.00 | $385.00 |
| Steven Cahall | Wells Fargo | Raises | Equal-Weight | $400.00 | $350.00 |
| Kannan Venkateshwar | Barclays | Raises | Underweight | $315.00 | $300.00 |
| Benjamin Swinburne | Morgan Stanley | Raises | Equal-Weight | $415.00 | $360.00 |
| Jessica Ehrlich | B of A Securities | Raises | Buy | $450.00 | $385.00 |
| Peter Supino | Wolfe Research | Announces | Underperform | $300.00 | - |
| Jonathan Atkin | RBC Capital | Announces | Sector Perform | $345.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Charter Communications. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Charter Communications compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Charter Communications's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Charter Communications's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Charter Communications analyst ratings.
Discovering Charter Communications: A Closer Look
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 58 million US homes and businesses, around 35% of the country. Across this footprint, Charter serves 29 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.
Key Indicators: Charter Communications's Financial Health
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Positive Revenue Trend: Examining Charter Communications's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.55% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Charter Communications's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 9.28%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 9.49%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Charter Communications's ROA excels beyond industry benchmarks, reaching 0.86%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 6.83, Charter Communications faces challenges in effectively managing its debt levels, indicating potential financial strain.
Understanding the Relevance of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically 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.
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