Charter stock: buy or sell?
Updated on:
February 14th, 2020
4
Charter Communications, Inc., through its subsidiaries, provides cable services to residential and commercial customers in the United States.
Should I buy Charter stock?
Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Currently, Charter stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Charter stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.
Unfortunately, we couldn't detect any rating for CHTR stock for the last 30 days.Charter stock analysis
Daily outlook
Charter Communications shares remained constant 0.03% to $534.89 on February 14th.
Charter Communications shares remained steady 0.03% to $534.89 on Feb/14. On Feb 3rd, CHTR hit new all time highs, pushing higher previous ATH of $521.69 recorded on January/31. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Weekly outlook
Shares of Charter Communications closed this week at $534.89 and appreciated a decent 1.84%. With this, it's been 4 green weeks in a row, gaining $32.16 or 6.37%.
In a weekly time frame, Charter Communications stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, CHTR might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last price record Charter Communications marked last week. Since price and SMA20w lines crossed up late August 2019, CHTR climbed $149.38 (38.75%).
Charter stock price history
Charter IPO was on January 5th, 2010 at $35.00 per share1. Since then, CHTR stock surged a 1,428.30%, with a yearly average of 142.80%. If you had invested $1,000 in Charter stock in 2010, it would worth $14,283.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Charter stock historical price chart
CHTR stock reached all-time highs on Feb 3rd with a price of $537.54.
Charter stock price target
Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price prediction for Charter stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
Since April, when Charter Communications presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | n/a | n/a |
| 2017-Q3 | 2017-10-26 | 1.02 | 0.19 | -81.4% |
| 2017-Q4 | 2018-02-02 | 0.87 | 1.14 | 31.0% |
| 2018-Q1 | 2018-04-27 | 0.44 | 0.7 | 59.1% |
| 2018-Q2 | 2018-07-31 | 0.95 | 1.15 | 21.1% |
| 2018-Q3 | 2018-10-26 | 1.04 | 2.11 | 102.9% |
| 2018-Q4 | 2019-01-31 | 1.49 | 1.29 | -13.4% |
| 2019-Q1 | 2019-04-25 | 1.43 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
In 2018, Charter Communications annual sales grew a beatiful 4.94% to $43,634.00 million dollars from $41,581.00 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) plummed a -20.98% to 2.82%. To have an updated picture of the financial situation of Charter, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Charter TTM sales up to March 2019 were $44,183.00 and income was $1,315.00 M USD. When comparing this TTM figures with the last reported annuality, we can esteem Charter Communications business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, stepped up a slightly fine 1.26%. Regarding profit margin, Charter stayed stable 0.16% to 2.82%| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2014 | $9,108 M | - | $-183.00 M-2.0% | - |
| 2015 | $9,754 M | 7.09% | $-271.00 M-2.8% | 48.09% |
| 2016 | $29,003 M | 197.34% | $3,522 M12.1% | -1,399.63% |
| 2017 | $41,581 M | 43.37% | $9,895 M23.8% | 180.95% |
| 2018 | $43,634 M | 4.94% | $1,230 M2.8% | -87.57% |
| TTM | $44,183 M | 1.26% | $1,315 M3.0% | 6.91% |
Quarterly financial results
Charter reported $11,206.00 million in sales for 2019-Q1, a -0.22% less compared to previous quarter. Reported quarter income marked $253.00 million with a profit margin of 2.26%. Profit margin remained steady a -0.38% compared to previous quarter when profit margin was 2.64%. When comparing revenues to same quarter last year, Charter Communications sales marked a decent growth and soared a 5.15%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $10,357,000 M | - | $139,000 M1.3% | - |
| 2017-Q3 | $10,458 M | -99.90% | $48 M0.5% | -99.97% |
| 2017-Q4 | $10,602 M | 1.38% | $9,553 M90.1% | 19,802.08% |
| 2018-Q1 | $10,657 M | 0.52% | $168 M1.6% | -98.24% |
| 2018-Q2 | $10,854 M | 1.85% | $273 M2.5% | 62.50% |
| 2018-Q3 | $10,892 M | 0.35% | $493 M4.5% | 80.59% |
| 2018-Q4 | $11,231 M | 3.11% | $296 M2.6% | -39.96% |
| 2019-Q1 | $11,206 M | -0.22% | $253 M2.3% | -14.53% |
Charter ownership
When you are planning to invest in shares of a stock, it's always worth to have a look its ownership structure.Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Charter, 30.05% of all outstanding shares are owned by its staff.
Bearish positions for CHTR stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
| CHTR | |
|---|---|
| Market cap | $114.9 B |
| Total shares | 214.8 M |
| Float shares | 152.1 M |
| - Institutional holdings (%) | 80.2% |
| - Insider holdings (%) | 30.0% |
| Shares in short selling | 0.0% |
Charter summary
| Friday, February 14th, 2020 | |
|---|---|
| Open | $532.49 |
| Close | $534.89 |
| Day range | $532.20 - $536.25 |
| Previous close | $534.73 |
| Session gain | 0.03% |
| Average true range | $10.32 |
| 50d mov avg | $497.55 |
| 100d mov avg | $473.98 |
| 200d mov avg | $434.49 |
| Daily pattern | |
| Weekly pattern | lt06a |
Charter performance
Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose as the bechmarking frame for Charter Communications stock.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| CHTRCharter Communica... | 12.47% | 39.11% | 53.24% |
Charter competitors
Unfortunately, we could not find any public company that could be defined as Charter Communications competitor. This doesn't mean Charter Communications does not have any competitor in the market, it's just we could not detected it.Latest Charter stock news
- InvestorPlaceCharter Communications Earnings: CHTR Stock Slips on Q2 MissesJuly 26, 2019
- Seeking AlphaCharter Starts 2019 StrongFebruary 11, 2019
- Seeking AlphaCharter: Time To HarvestFebruary 5, 2019
- InvestorPlaceCharter Communications Stock Soars Despite Q4 Earnings MissJanuary 31, 2019
- InvestorPlaceCharter Communications Refunds: Customers to Get $62.50M for Slow InternetDecember 18, 2018