Charter Communications, Inc. (CHTR): From Top to Bottom

Charter Communications, Inc. (CHTR) is an interesting player in the Services space, with a focus on CATV Systems. The stock has been active on the tape, currently trading at $290.98, up from yesterday’s close by 2.80%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Charter Communications, Inc. (CHTR) currently trades with a market capitalization of $68.65 Billion. That value represents a market adjusting for revenues that have been growing by 4.85 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $ over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.99 on a per share basis this quarter. Perhaps, that suggests something about why 0.36% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Charter Communications, Inc. recorded a 52-week high of $408.83. It is now trading 117.85% off that level. The stock is trading $285.19 its 50-day moving average by -5.79%. The stock carved out a 52-week low down at $250.10.

In recent action, Charter Communications, Inc. (CHTR) has made a move of +6.65% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 6.27% with $174.71 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CHTR.

Previous articleTaking a Fresh Look at Church & Dwight Co., Inc. (CHD)
Next articleDrilling Down Into D.R. Horton, Inc. (DHI)