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Analyzing Charter’s Valuation Compared to Comcast

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Jun. 10 2019, Published 7:44 a.m. ET

Charter’s stock performance

Charter Communications (CHTR) closed at $387.31 on June 6, which was 0.6% higher than its previous closing price, 42.6% higher than its 52-week low of $271.56, and 1.2% below its 52-week high of $392.14. The company’s market capitalization was $87.1 billion, while its 12-month forward PE ratio and EV-to-EBITDA multiple were 37.90x and 9.67x, respectively.

Based on Charter’s closing price on June 6, the company has reported returns of 2.1% in the last five trading days, 2.9% in the trailing one-month period, and 40.8% in the trailing 12-month period. The company has reported returns of 35.9% year-to-date.

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Comcast’s stock performance

Comcast (CMCSA) closed at $41.15 on June 6, which was 0.4% lower than its previous closing price, 32.8% higher than its 52-week low of $30.99, and 6.4% below its 52-week high of $43.96. The company’s market capitalization was $186.8 billion, while its 12-month forward PE ratio and EV-to-EBITDA multiple were 12.94x and 8.21x, respectively.

Based on Comcast’s closing price on June 6, the company has reported returns of -1.4% in the last five trading days, -5.0% in the trailing one-month period, and 27.5% in the trailing 12-month period. The company has reported returns of 20.9% year-to-date.

Analysts’ recommendations and target prices

Among the 29 analysts covering Charter stock, 19 recommended a “buy,” nine recommended a “hold,” and one recommended a “sell.” Analysts’ 12-month mean target price on the stock is $406.76, which is 5.0% higher than its closing price on June 6. The company’s lowest target price estimate is $259, while the highest target price estimate is $488.

Among the 32 analysts tracking Comcast stock, 25 recommended a “buy,” while seven recommended a “hold.” None of the analysts have recommended a “sell.” Analysts’ 12-month mean target price is $47.52, which is 15.5% higher than its closing price on June 6. The lowest target price estimate for the company is $39, and the highest target price is $57.

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