Charter Communications Inc (CHTR): Today's Featured Media Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Charter Communications ( CHTR) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Charter Communications fell $1.32 (-1.8%) to $71.62 on heavy volume. Throughout the day, 2.6 million shares of Charter Communications exchanged hands as compared to its average daily volume of 602,700 shares. The stock ranged in price between $70.01-$72.61 after having opened the day at $70.01 as compared to the previous trading day's close of $72.94. Other companies within the Media industry that declined today were: Cablevision Systems ( CVC), down 6.3%, Daily Journal Corporation ( DJCO), down 5.8%, Discovery Communications ( DISCB), down 5.3%, and MDC Partners ( MDCA), down 5%.
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Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications has a market cap of $7.57 billion and is part of the services sector. The company has a P/E ratio of -23.3, below the S&P 500 P/E ratio of 17.7. Shares are up 31.9% year to date as of the close of trading on Monday. Currently there are three analysts that rate Charter Communications a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Charter Communications as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity.

On the positive front, Ku6 Media ( KUTV), up 9.1%, Nexstar Broadcasting Group ( NXST), up 8%, Point.360 ( PTSX), up 6.2%, and Millennial Media ( MM), up 5.9%, were all gainers within the media industry with McGraw-Hill Companies Incorporated ( MHP) being today's featured media industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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