Charter Communications, Inc. (NASDAQ:CHTR) stock price of $325.18

Why Verizon Might Acquire Charter Communications

Price Target plays a critical role when it comes to the Analysis of a Stock.

Each of the analysts also offer Buy/Sell/Hold recommendations on the stock.

While looking at the Stock's Performance, Charter Communications, Inc. now shows a Weekly Performance of -0.42%, where Monthly Performance is 7.9%, Quarterly performance is 18.19%, 6 Months performance is 23.6% and yearly performance percentage is 90.61%. Moffett Nathanson upgraded shares of Charter Communications from a "neutral" rating to a "buy" rating in a report on Thursday, November 10th.

Cable provider Charter Communications recorded a third-straight quarter of growing revenues and profits following its 2016 acquisitions, according to the company's latest earnings report released Thursday. The institutional investor owned 6,799 shares of the company's stock after buying an additional 2,171 shares during the period. The stock has a consensus rating of "Buy" and a consensus price target of $299.77.

Charter Communications, Inc. (NASDAQ:CHTR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.32% or 1.02 points.

The Average Volume of the company is 1.3 Million, while the Relative Volume of the company is 0.84. Charter Communications has a 12-month low of $167.40 and a 12-month high of $341.50. The stock's 50 day moving average price is $310.62 and its 200-day moving average price is $275.99. The company has the Market capitalization of $1.79 Billion. During the same quarter past year, the business earned $0.48 EPS.

The company is expected to report earnings of 0.96 per share for the current quarter, according to consensus agreement of 11 analysts. The Return on Equity (ROE) value stands at 14.7%.

Revenues rose 7.2% from previous year to $10.28 billion, also topping analysts' $10.23 billion view. During the same period in the prior year, the firm posted ($1.09) EPS.

Key Stats to Note: During the fourth quarter of 2016, residential high-speed Internet subscribers rose by 357,000 to 21.374 million.

The results beat Wall Street expectations.

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NASDAQ exhibits a P/E ratio of 25.14 with a forward P/E of 64.53.

Other hedge funds have also added to or reduced their stakes in the company. Finally, Envestnet Asset Management Inc. raised its position in Charter Communications by 0.4% in the fourth quarter. Notably, the Time Warner Cable and Bright House deals have benefited Charter Communications in terms of geographic expansion and operating cost synergies, which in turn, should boost its bottom line and free cash flow in the upcoming quarterly results. During the trading on 02/15/2017, Company's stock ranged from $82.78 to $83.49. Ray Gerald L & Associates Ltd. purchased a new position in Charter Communications during the third quarter valued at $202,000.

Charter Communications, Inc., through its subsidiaries, provides cable services in the United States. Charter provides a full range of advanced broadband services, including advanced Charter Spectrum TV video entertainment programming, Charter Spectrum Internet access, and Charter Spectrum Voice.

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