Charter Communications (CHTR) Showing Unusual Social Activity Today

Trade-Ideas LLC identified Charter Communications (CHTR) as an unusual social activity candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Charter Communications

(

CHTR

) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Charter Communications as such a stock due to the following factors:

  • CHTR has 11x the normal benchmarked social activity for this time of the day compared to its average of 2.45 mentions/day.
  • CHTR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $268.6 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

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More details on CHTR:

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Currently there are 7 analysts that rate Charter Communications a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for Charter Communications has been 1.5 million shares per day over the past 30 days. Charter has a market cap of $21.6 billion and is part of the services sector and media industry. The stock has a beta of 1.02 and a short float of 23.3% with 13.18 days to cover. Shares are up 11.9% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Charter Communications as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins.

Highlights from the ratings report include:

  • CHTR's revenue growth has slightly outpaced the industry average of 7.0%. Since the same quarter one year prior, revenues slightly increased by 7.1%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Powered by its strong earnings growth of 197.95% and other important driving factors, this stock has surged by 28.85% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • CHARTER COMMUNICATIONS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. However, the consensus estimates suggest that there will be an upward trend in the coming year. During the past fiscal year, CHARTER COMMUNICATIONS INC continued to lose money by earning -$1.70 versus -$1.71 in the prior year. This year, the market expects an improvement in earnings (-$1.04 versus -$1.70).
  • The debt-to-equity ratio is very high at 554.68 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.16, which clearly demonstrates the inability to cover short-term cash needs.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Media industry and the overall market, CHARTER COMMUNICATIONS INC's return on equity significantly trails that of both the industry average and the S&P 500.

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