Professional
Added to YB: 2024-08-15
Pitch date: 2024-06-30
CHTR [bullish]
Charter Communications, Inc.
-20.92%
current return
Author Info
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Company Info
Charter Communications, Inc. operates as a broadband connectivity company in the United States. The company offers subscription-based internet, mobile, video, and voice services; broadband connectivity services, including fixed internet, WiFi, and mobile; Spectrum internet products; advanced WiFi services; and in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their wireless internet experience.
Market Cap
$30.3B
Pitch Price
$292.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.92
P/E
6.60
EV/Sales
2.43
Sector
Media
Category
turnaround
FPA Crescent Fund Portfolio Holding: Charter Communications, Inc.
CHTR: Facing headwinds from fiber overbuilding, fixed wireless competition, subsidized customer concerns, high capex. High leverage adds volatility. Potential upside from proving competitive strength of converged connectivity, reducing capex, resuming share buybacks. Stock weak but poised for potential turnaround.
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