Charter Communications (NASDAQ:CHTR – Free Report) had its price objective hoisted by TD Cowen from $428.00 to $437.00 in a report issued on Monday,MarketScreener reports. TD Cowen currently has a buy rating on the stock.
CHTR has been the topic of several other reports. Exane BNP Paribas reaffirmed an “underperform” rating on shares of Charter Communications in a research report on Tuesday, January 27th. UBS Group set a $425.00 price objective on Charter Communications in a report on Thursday. Barclays cut their price objective 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. Royal Bank Of Canada decreased their target price on shares of Charter Communications from $265.00 to $240.00 and set a “sector perform” rating for the company in a research report on Friday, January 16th. Finally, Benchmark raised their price target on shares of Charter Communications from $425.00 to $455.00 and gave the company a “buy” rating in a report on Thursday. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and eight have assigned a Sell rating to the company. Based on data from MarketBeat, Charter Communications presently has an average rating of “Reduce” and an average target price of $338.47.
Check Out Our Latest Research Report on Charter Communications
Charter Communications Stock Up 3.6%
Charter Communications (NASDAQ:CHTR – Get Free Report) last posted its quarterly earnings results on Friday, January 30th. The company reported $10.34 earnings per share 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 company had revenue of $13.60 billion during the quarter, compared to analyst estimates of $13.73 billion. During the same period last year, the company posted $10.10 earnings per share. The company’s revenue was down 2.3% compared to the same quarter last year. On average, equities analysts anticipate that Charter Communications will post 38.16 earnings per share for the current fiscal year.
Insider Buying and Selling at Charter Communications
In related news, Director David C. Merritt sold 1,200 shares of the company’s stock in a transaction on Wednesday, November 5th. The shares were 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 approximately $2,294,822.28. This represents a 10.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.83% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Norges Bank bought a new stake in Charter Communications during the second quarter valued at about $1,145,387,000. State Street Corp lifted its position in shares of Charter Communications by 22.7% during the 3rd 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 last quarter. Capital Research Global Investors bought a new stake in Charter Communications during the 3rd quarter valued at approximately $327,179,000. Vanguard Group Inc. grew its holdings in Charter Communications by 13.7% in the 3rd quarter. Vanguard Group Inc. now owns 9,362,352 shares of the company’s stock valued at $2,575,630,000 after buying an additional 1,130,648 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in Charter Communications by 826.1% in the 3rd quarter. AQR Capital Management LLC now owns 1,244,034 shares of the company’s stock worth $342,240,000 after buying an additional 1,109,703 shares during the period. Institutional investors own 81.76% of the company’s stock.
Key Headlines Impacting Charter Communications
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
Charter Communications Company Profile
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.
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