There are 29 analysts actively tracking Charter Communications (CHTR) stock. About 76% of them have recommended a “buy,” 21% have recommended a “hold,” and 3% have recommended a “sell.”
As of July 31, AT&T (T) was the largest US telecommunications company by market capitalization at ~$234.4 billion, followed by Verizon (VZ) at ~$216.9 billion. Charter has a market capitalization of ~$72.4 billion.
In the July 31 trading session, Charter stock closed at $304.58, which is near its Bollinger Band mid-range level of $296.38. That suggests that Charter stock is neither overbought nor oversold.
Charter’s forward EV-to-EBITDA valuation
As of July 31, Charter was trading at a forward EV[1. enterprise value]-to-EBITDA multiple of ~8.8x, which was greater than AT&T and Sprint (S) at ~6.8x and ~4.4x, respectively.
Charter’s forward PE valuation
As of July 31, Charter was trading at a forward PE multiple of ~41.5x, which was higher than Verizon’s and AT&T’s at ~10.9x and ~8.8x, respectively.
Short interest ratio
As of July 31, Charter stock’s short interest as a percentage of float (or short interest ratio) was ~6.3%. A stock’s short interest ratio over 40% signifies that investors and traders foresee a correction in the stock’s price.
12-month target price
Wall Street analysts’ consensus indicates that Charter’s 12-month target price is $371.96, which suggests a potential return of ~22.1% from its closing price of $304.58 on July 31.