Somewhat Positive News Coverage Somewhat Unlikely to Impact Charter Communications (CHTR) Stock Price

News articles about Charter Communications (NASDAQ:CHTR) have trended somewhat positive this week, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Charter Communications earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.9500841887532 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

A number of analysts have recently issued reports on CHTR shares. Citigroup reaffirmed a “buy” rating and issued a $436.00 price target (down from $453.00) on shares of Charter Communications in a research note on Wednesday. Zacks Investment Research lowered Charter Communications from a “hold” rating to a “sell” rating in a research note on Thursday, January 18th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $400.00 price target on shares of Charter Communications in a research note on Thursday, November 2nd. Buckingham Research started coverage on Charter Communications in a research note on Wednesday, December 13th. They issued a “buy” rating and a $415.00 price target on the stock. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $500.00 price target (up from $420.00) on shares of Charter Communications in a research note on Monday. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company. Charter Communications has a consensus rating of “Hold” and a consensus target price of $396.11.

Charter Communications (NASDAQ:CHTR) opened at $348.65 on Friday. The firm has a market capitalization of $86,710.00, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 2.79 and a beta of 1.15. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.40 and a current ratio of 0.23. Charter Communications has a 12 month low of $308.30 and a 12 month high of $408.83.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings data on Friday, February 2nd. The company reported $0.86 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.01. The company had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.60 billion. Charter Communications had a return on equity of 1.11% and a net margin of 23.80%. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 earnings per share. equities analysts forecast that Charter Communications will post 4.92 EPS for the current fiscal year.

In other Charter Communications news, EVP Jonathan Hargis sold 27,000 shares of the business’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $364.76, for a total transaction of $9,848,520.00. Following the transaction, the executive vice president now owns 34,931 shares of the company’s stock, valued at $12,741,431.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.56% of the company’s stock.

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About Charter Communications

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.

Insider Buying and Selling by Quarter for Charter Communications (NASDAQ:CHTR)

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