Stock of the Day

Charter Communications (CHTR)

$391.27

+$2.50 (+0.6%)

Market Cap: $54.92B

About Charter Communications

Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services.

It also offers voice communications services using voice over internet protocol technology; and broadband communications solutions, such as internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations. In addition, the company provides mobile services; video programming, static IP and business WiFi, voice, and e-mail and security services; sells local advertising across various platforms for networks, such as TBS, CNN, and ESPN; sells advertising inventory to local sports and news channels; and offers Audience App to create data-driven linear TV campaigns for local advertisers. Further, the company offers communications products and managed service solutions; data connectivity services to mobile and wireline carriers on a wholesale basis; and owns and operates regional sports networks and news channels. It serves approximately 32 million customers in 41 states. Charter Communications, Inc.was founded in 1993 and is headquartered in Stamford, Connecticut.

Charter Communications Bull Case

Here are some ways that investors could benefit from investing in Charter Communications, Inc.:

• The current stock price is around $394, which reflects a strong market position and potential for growth.
• The company reported a revenue increase of 0.4% compared to the same quarter last year, indicating stability and resilience in its business model.
• Charter Communications, Inc. has a robust return on equity of 29.01%, suggesting effective management and profitability relative to shareholder equity.
• Analysts forecast an earnings per share (EPS) of 38.16 for the current fiscal year, which could signal future profitability and investor returns.
• Institutional ownership is high at 81.76%, indicating confidence from large investors in the company's long-term prospects.

Charter Communications Bear Case

Investors should be bearish about investing in Charter Communications, Inc. for these reasons:

• The company missed its EPS consensus estimate by $0.28, which may raise concerns about its short-term performance.
• Charter Communications, Inc. has a high debt-to-equity ratio of 4.73, indicating significant leverage that could pose risks in economic downturns.
• Despite a slight revenue increase, the overall growth may not be sufficient to meet investor expectations in a competitive market.
• There are mixed ratings from analysts, with four issuing sell ratings, which could indicate a lack of confidence in the stock's future performance.
• The stock has experienced fluctuations, with a 12-month low of $272.49, suggesting volatility that may deter risk-averse investors.

Recent News

• Q1 Earnings Highlights: Charter (NASDAQ:CHTR) Vs The Rest Of The Wireless, Cable and Satellite Stocks (msn.com)
• Bernstein Downgrades Charter (CHTR) to Market Perform on Valuation (msn.com)
• Bernstein downgrades Charter as it sees limited upside after strong rally (au.finance.yahoo.com)