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Charter Communications: Gauging the Potential Upside

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Jun. 6 2019, Updated 7:38 a.m. ET

Charter Communications’ stock performance

Analysts’ mean target price for Charter Communications (CHTR) is $406.76 compared to its last closing price of $387.67—an estimated rise of 4.9% over the next 12 months. Based on Reuters data, among the 29 analysts tracking Charter, 19 recommended a “buy,” nine recommended a “hold,” and one recommended a “sell” as of June 4.

On June 4, Charter Communications closed at $387.67, which was 2.7% higher than its previous closing price, 1.1% lower than its 52-week high of $392.14, and 45.7% higher than its 52-week low of $266.00. The company’s market cap is $86.6 billion.

Based on Charter Communications’ closing price on June 4, the company has reported returns of 2.8% in the last five trading days, 2.7% in the trailing one-month period, and 44.7% in the trailing 12-month period. The company has reported returns of 36.0% year-to-date.

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Growth projections

Analysts expect Charter Communications’ revenues to see YoY (year-over-year) changes of 5.0% to $11.40 billion in the second quarter, 5.3% to $11.47 billion in the third quarter, and 4.1% to $11.69 billion in the fourth quarter. Analysts also expect Charter Communications’ adjusted EPS to see YoY changes of 60.9% to $1.85 in the second quarter, 27.9% to $1.74 in the third quarter, and 83.7% to $2.37 in the fourth quarter.

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