Latest news with #CharterCommunications
Yahoo
a day ago
- Business
- Yahoo
Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks. Charter Communications is the second largest cable operator in the United States and a leading broadband communications company providing video, Internet and voice services. The company served approximately 30.1 million customers in 41 states through its Spectrum brand as of Dec. 31, 2024. CHTR boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Shares of Charter Communications are trading at a forward earnings multiple of 10X, as well as a PEG Ratio of 0.4, a Price/Cash Flow ratio of 4.1X, and a Price/Sales ratio of 1X. Many value investors pay close attention to a company's earnings as well. For CHTR, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.65 to $39.54 per share for 2025. Per share CHTR boasts an average earnings surprise of 5.1%. Investors should take the time to consider CHTR for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Charter Communications, Inc. (CHTR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
4 days ago
- Business
- Yahoo
Stocks to Watch Friday: Charter, Novo Nordisk, Applied Materials
↗️ Charter Communications (CHTR): The company agreed to buy closely held rival Cox Communications for $21.9 billion, bringing together two of the biggest broadband and cable operators in the U.S. Shares in Charter rose about 1%. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Willmar City Council on Monday, June 2, to consider rules of decorum for meetings
May 31---- The on Monday, June 2, will consider rules of decorum for its meetings. The meeting takes place at 6:30 p.m. in the boardroom at the Kandiyohi County Health and Human Services building, 2200 23rd St. N.E. in Willmar. Willmar Mayor Doug Reese asked city staff several weeks ago to draft rules of decorum after members of the public caused disruptions during a meeting. During a March 3 meeting — at which the City Council declined to accept an offer from Charter Communications, doing business in Willmar as Spectrum, to install fiber-optic lines in the if the city stopped its — members of the public disrupted the proceedings. The Connect Willmar Initiative will build an open-access, high-speed fiber network reaching every home and business in the city of Willmar at an estimated cost of $24.5 million. However, interest on the bonds that will be issued to construct the network would bring the estimated cost to $33 million. Two members of the public, Joe Ridler and Ron Christianson, who oppose the Connect Willmar Initiative, arrived at the March 3 meeting too late to address the council during the open forum portion of the meeting, which is set aside for public comment. After the City Council made its decision, it then went into closed session to discuss other matters without adjourning the meeting or taking a break. Rather than leaving the meeting room, Christianson and Ridler instead approached the council dais to voice their displeasure over the decision. They were also reluctant to leave when told that the meeting was still in session. Reese at the following council meeting asked for rules of decorum to be drafted.
CNBC
27-05-2025
- Business
- CNBC
These strong stocks are under-owned and have momentum, Bank of America says
Charter Communications and Toast are among a handful of overlooked stocks in the market that could see gains ahead, according to Bank of America. Stocks have been ripping higher as President Donald Trump reverses or delays many tariffs laid out in early April. The S & P 500 has surged more than 20% since hitting an intraday low on April 7. Traders continue to hunt for good bargains, however, as volatility persists amid on ongoing policy changes. In a recent note to clients, Bank of America highlighted stocks that are under-owned by funds and have catalysts for upward momentum. Specifically, the firm screened for stocks that meet three criteria: Low fund ownership Funds that do own the stock have an overweight allocation relative to their benchmark Have a high "triple momentum rank": This metric combines earnings, price, and news momentum to determine when a stock is in vogue or not "Our analysis shows that stocks that have high ownership and are overweight can outperform for years if a stock's fundamentals remain relatively attractive. Therefore, we believe the challenge for investors is to differentiate between crowded trades with a positive catalyst and crowded trades with a negative catalyst," analyst Nigel Tupper said in a note to clients, outlining his methodology for the stock screen. "Similarly, there is an opportunity to identify under-owned stocks which have a positive catalyst," he added. Take a look below for the group of U.S.-listed companies that made the screen, which uses data as of April 30. Charter Communications has low fund ownership of 17%, while having one of the higher "triple momentum" ranks at 93. Shares of the telecommunications giant, which owns Spectrum, have jumped 20% this year. Charter on May 16 announced an agreement to merge with privately held rival Cox Communications in a deal worth $21.9 billion — one of the biggest global deal transactions this year that combines two of the largest U.S. cable and broadband operators. Other stocks on the list outperforming the broader market include Howmet Aerospace and Toast . Howmet, which supplies parts for planes built by Boeing, has been on a monster run over the past year, gaining roughly 54% year to date and hitting a new 52-week high on Tuesday. Howmet has benefited from growth in the defense and commercial aerospace market and boasted strong first-quarter earnings results posted earlier this month. According to Bank of America's screener, however, the company has just 23% fund ownership. Shares of Toast are similarly overlooked with 18% fund ownership, according to the screener. The stock has rallied 18% this year.
Yahoo
25-05-2025
- Yahoo
Richland man's child porn arrest led to rescue of 2 children over 1,800 miles away
A Richland child pornography arrest led to the rescue of two children 1,800 miles away, police said Richland detectives connected Ryan 'Raine' D. Later's Twitter conversations about child pornography on Twitter with the alleged sexual abuse of two children in Oklahoma, according to a police Facebook post. While the agency didn't explain how that happened, they did say Later's arrest in 2024 led to two children being rescued and a suspected abuser being arrested. Later, 26, recently pleaded guilty to second-degree dealing in child pornography and three counts of possession of child pornography. Judge Jackie Shea Brown recently sentenced Later to seven years in prison and three years of community custody — the maximum allowed under state law. Southeast Regional Internet Crimes Against Children (ICAC) task force detectives started investigating a series of messages beginning in 2023 containing child pornography from Twitter users with the handles 'StormyFallsFall' and 'stormfallsdown.' Both accounts were eventually tied to Later's Charter Communications account. According to messages, Later said he had 'worse stuff' that he couldn't share through Twitter. He told the other user that it was 'natural to enjoy' the pornography. He also told another user that he went to a local pool and watched children while pretending to be on his phone. He also shared fantasies about 'grooming' and raping children, court documents said. He later claimed those conversations were taken out of context and were just 'role-play,' court documents said. When police arrested him on Aug. 8, 2024, officers discovered 'numerous' pieces of child pornography on his phone. Deputy Prosecutor Taylor Anderson congratulated the task force detective for his work, Richland police said. The investigation took more time and effort than normal for a case involving a tip from an online company, Anderson said according to the Facebook post. 'Additionally, your continued efforts to identify and assist bringing the Oklahoma offender to justice demonstrates your commitment to the mission and goal of the ICAC task force,' she said in a post on the police Facebook page. 'Your work on both fronts reflects the dedication and determination that allows (the) ICAC task force to protect children and hold offenders accountable.'
