Alert: Positive Investment/Fundamental Signals (11/8/24)-Charter Communications Inc (NASDAQ: CHTR)

out_logo_500#28895.jpg

Extremely significant positive changes in Charter Communications Inc (NASDAQ: CHTR) investment behavior have recently occurred: its shorter term price trend turned up, and its longer term price trend turned up.

Recent significant positive changes in fundamentals have benefitted Charter Communications Inc (NASDAQ: CHTR): the consensus estimate for December, 2025 increased significantly, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

out_mm#28895.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, CHTR is expected to continue to be a major Value Builder.

Charter Communications has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Charter Communications has a slightly positive Appreciation Score of 62 and a good Power Rating of 84, with the Positive Value Trend Rating the result.

Recent Price Action

On 11/8/24, Charter Communications Inc (NASDAQ: CHTR) stock rose slightly by 0.2%, closing at $393.71. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 20.2% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*