Assessing Charter Communications: Insights From 11 Financial Analysts


Throughout the last three months, 11 analysts have evaluated Charter Communications CHTR, offering a diverse set of opinions from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting 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 6 2 0
Last 30D 0 0 1 0 0
1M Ago 0 1 2 1 0
2M Ago 2 0 3 1 0
3M Ago 0 0 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $347.91, a high estimate of $472.00, and a low estimate of $250.00. A decline of 12.41% from the prior average price target is evident in the current average.

Decoding Analyst Ratings: A Detailed Look

The standing of Charter Communications among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below 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
Steven Cahall Wells Fargo Lowers Equal-Weight $290.00 $340.00
Kannan Venkateshwar Barclays Lowers Underweight $250.00 $280.00
Sebastiano Petti JP Morgan Lowers Neutral $335.00 $370.00
John Hodulik UBS Lowers Neutral $325.00 $360.00
Laurent Yoon Bernstein Announces Outperform $370.00 -
Barton Crockett Rosenblatt Lowers Neutral $335.00 $472.00
Barton Crockett Rosenblatt Lowers Buy $472.00 $475.00
John Hodulik UBS Lowers Neutral $360.00 $415.00
Matthew Harrigan Benchmark Lowers Buy $440.00 $490.00
Kannan Venkateshwar Barclays Lowers Underweight $280.00 $325.00
Sebastiano Petti JP Morgan Lowers Neutral $370.00 $445.00

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: Delving into movements, analysts provide estimates for the future value of Charter Communications's stock. This analysis reveals shifts in analysts' expectations over time.

Capture valuable insights into Charter Communications's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic 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 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.

Unraveling the Financial Story of Charter Communications

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Revenue Growth: Charter Communications's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 0.27%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.

Net Margin: Charter Communications's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.72% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Charter Communications's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 9.54%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Charter Communications's ROA stands out, surpassing industry averages. With an impressive ROA of 0.72%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 8.82, caution is advised due to increased financial risk.

Analyst Ratings: What Are They?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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

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