Charter Communications (NASDAQ:CHTR) Given New $185.00 Price Target at The Goldman Sachs Group

Charter Communications (NASDAQ:CHTR) had its price target reduced by The Goldman Sachs Group from $210.00 to $185.00 in a research report report published on Monday,Benzinga reports. They currently have a sell rating on the stock.

A number of other equities research analysts have also commented on the stock. KeyCorp reissued a “sector weight” rating on shares of Charter Communications in a report on Monday, January 26th. Barclays reduced their target price on shares of Charter Communications from $275.00 to $200.00 and set an “underweight” rating on the stock in a research report on Monday, November 3rd. Wells Fargo & Company raised their price target on shares of Charter Communications from $180.00 to $200.00 and gave the company an “underweight” rating in a report on Monday. BNP Paribas Exane set a $160.00 price objective on shares of Charter Communications in a research report on Tuesday, January 27th. Finally, Oppenheimer lowered Charter Communications from an “outperform” rating to a “market perform” rating in a research report on Tuesday, November 4th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and eight have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Charter Communications has a consensus rating of “Reduce” and a consensus target price of $338.47.

Charter Communications Trading Up 3.6%

CHTR stock opened at $213.61 on Monday. The business has a fifty day moving average price of $202.35 and a 200 day moving average price of $240.64. Charter Communications has a fifty-two week low of $180.38 and a fifty-two week high of $437.06. The stock has a market capitalization of $27.64 billion, a price-to-earnings ratio of 5.89, a P/E/G ratio of 0.57 and a beta of 1.05. The company has a debt-to-equity ratio of 4.65, a current ratio of 0.39 and a quick ratio of 0.37.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data on Friday, January 30th. The company reported $10.34 EPS for the quarter, missing analysts’ consensus estimates of $10.40 by ($0.06). Charter Communications had a return on equity of 24.63% and a net margin of 9.10%.The business had revenue of $13.60 billion during the quarter, compared to analyst estimates of $13.73 billion. During the same period in the prior year, the firm posted $10.10 EPS. Charter Communications’s revenue for the quarter was down 2.3% compared to the same quarter last year. Analysts expect that Charter Communications will post 38.16 EPS for the current fiscal year.

Insider Activity

In related news, Director David C. Merritt sold 1,200 shares of Charter Communications stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $226.18, for a total transaction of $271,416.00. Following the completion of the sale, the director directly owned 10,146 shares of the company’s stock, valued at $2,294,822.28. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Charter Communications

Several institutional investors have recently modified their holdings of CHTR. Norges Bank acquired a new stake in shares of Charter Communications in the 2nd quarter valued at approximately $1,145,387,000. State Street Corp raised its holdings in Charter Communications by 22.7% in the third quarter. State Street Corp now owns 7,961,695 shares of the company’s stock worth $2,190,302,000 after purchasing an additional 1,475,383 shares during the period. Capital Research Global Investors acquired a new stake in Charter Communications in the third quarter worth $327,179,000. Vanguard Group Inc. boosted its position in shares of Charter Communications by 13.7% during the third quarter. Vanguard Group Inc. now owns 9,362,352 shares of the company’s stock worth $2,575,630,000 after purchasing an additional 1,130,648 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Charter Communications by 826.1% in the 3rd quarter. AQR Capital Management LLC now owns 1,244,034 shares of the company’s stock valued at $342,240,000 after buying an additional 1,109,703 shares during the period. 81.76% of the stock is currently owned by institutional investors and hedge funds.

Charter Communications News Roundup

Here are the key news stories impacting Charter Communications this week:

• Positive Sentiment: TD Cowen raised its price target to $437 and maintained a “buy” rating — a large upside signal that supports upside momentum for the stock. TD Cowen raises PT to $437
• Positive Sentiment: Seeking Alpha published a bullish upgrade calling CHTR a “Strong Buy” at ~6x P/E, citing strong cash flow, aggressive buybacks, improving broadband trends, mobile growth and bundling benefits — supporting a narrative of undervaluation and earnings/cash conversion upside. Seeking Alpha upgrade
• Positive Sentiment: Several analysts raised forecasts after Q4 results, according to coverage — that follow mixed Q4 results but suggest analysts see better forward visibility (important for sentiment and target revisions). Analysts increase forecasts after Q4
• Neutral Sentiment: Globe and Mail ran a roundup of analyst insights on communication-services names including Charter — useful background perspective but not a single actionable change. Globe and Mail analyst roundup
• Neutral Sentiment: Short-interest data reported appears anomalous (shows zero/NaN) and currently conveys no clear bearish pressure signal — treat as non-informative until corrected.
• Negative Sentiment: Goldman Sachs cut its price target to $185 and assigned a “sell” rating — a meaningful negative signal that could cap near-term upside and weigh on sentiment. Goldman lowers PT to $185
• Negative Sentiment: Wells Fargo raised its target to $200 but kept an “underweight” rating, implying limited upside from current levels and continued caution from some institutional brokers. Wells Fargo raises PT but maintains underweight

About Charter Communications

Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.

The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.