Charter Communications Faces Analyst Warnings on Broadband Revenue Challenges
Charter Communications Faces Analyst Warnings on Broadband Revenue Challenges
Citigroup analyst Michael Rollins downgraded Charter Communications Inc (NASDAQ:CHTR) from Neutral to Sell and lowered the price target from $280 to $255. The stock fell on Wednesday.
Citigroup分析师Michael Rollins将特许通讯公司（NASDAQ: CHTR）的评级从中立下调到卖出，并将目标价从280美元下调至255美元。该股周三下跌。
The analyst noted that Charter faces risks to both estimates and valuation as the organic broadband environment becomes tougher relative to consensus expectations.
分析师指出，随着有机宽带环境相对于共识预期变得更加困难，特许通讯面临着风险，对估计和估值都有影响。
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The discontinuation of the Affordable Connectivity Program (ACP) is likely to exacerbate broadband subscriber and revenue headwinds over the next 12 months, and consensus 2025 EBITDA expectations seem too optimistic, as per Rollins.
Rollins说，取消“可负担联通计划”（ACP）可能会加剧宽带订户和收入的不利风险，在未来12个月内，2025年的共识EBITDA预期似乎过于乐观。
The reduction in his target price reflects an FV/EBITDA multiple contraction to 6.0x on his below-consensus EBITDA outlook for 2025, partly offset by some recognition of FCF's future recovery once it gets through this elevated capital investment cycle.
目标价的下调反映出了他对2025年EBITDA展望低于共识的判断，预计FV/EBITDA倍数将收缩至6.0倍，部分抵销了未来一段时期内FCF的恢复。
Rollins noted the upcoming second-quarter and third-quarter results as potentially harmful catalysts that are likely to highlight the headwinds on broadband pricing and volumes, especially with ACP's recent discontinuation and unlikely revival.
Rollins指出，即将公布的第二季度和第三季度业绩可能会成为有害的催化剂，尤其是ACP最近的取消和不太可能的复苏，可能会突显宽带价格和量方面的不利风险。
Charter Communications Stock Prediction For 2024
2024年特许通讯股票预测
When buying a stock for a longer time horizon, it is important for investors to assess where they think the stock is headed in the future.
当投资者考虑买入长期股票时，评估股票未来走势的方向是非常重要的。
When mapping a stock's future trajectory, investors should consider factors including the future earnings expectations and expected performance against a benchmark.
在规划股票未来发展方向时，投资者应该考虑的因素包括未来的盈利预期和预期表现相对于基准指数。
Charter Communications revenue has grown at an average rate of 4.26% annually over the past 5 years. The average 1-year price target from analysts is $285.82, representing an expected -5.12% downside in 2025.
特许通讯的营业收入在过去5年中以平均年增长率4.26%的速度增长。分析师的平均1年目标价为285.82美元，预计2025年下跌5.12%。
While past performance is not a guarantee of future results, investors should also look at a stock's historical performance when compared to both a benchmark index and the company's peers. Shares of Charter Communications have seen an annualized return of -25.35%, underperforming the S&P500 index by 33.6%. This compares to -7.73% growth in the overall Communication Services sector. Charter Communications has a beta of 1.22.
虽然过去的表现不能保证未来的结果，但投资者也应当将一支股票的历史表现与基准指数和公司同行相比较。特许通讯的股票表现年化回报率为-25.35%，表现不佳，落后于标普500指数33.6%。相比之下，整个通讯服务板块增长了-7.73%。特许通讯公司的beta为1.22。
CHTR Price Action: Charter Communications shares closed lower by 0.74% at $301.25 on Wednesday.
CHTR价格行动：特许通讯公司的股票周三收低0.74%，报301.25美元。
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- Charter Communications Loses Residential Internet Customers In Q1, Reports Sharp Drop In Video Subscriptions
- 特许通讯在第一季度失去家庭互联网客户，视频订户数量急剧下降
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