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分析師Michael Rollins將特許通訊公司（NASDAQ: CHTR）的評級從中立下調到賣出，並將目標價從280美元下調至255美元。該股週三下跌。
The analyst noted that Charter faces risks to both estimates and valuation as the organic broadband environment becomes tougher relative to consensus expectations.
分析師指出，隨着有機寬帶環境相對於共識預期變得更加困難，特許通訊面臨着風險，對估計和估值都有影響。
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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說，取消“可負擔聯通計劃”（ACP）可能會加劇寬帶訂戶和收入的不利風險，在未來12個月內，2025年的共識EBITDA預期似乎過於樂觀。
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.
目標價的下調反映出了他對2025年EBITDA展望低於共識的判斷，預計FV/EBITDA倍數將收縮至6.0倍，部分抵銷了未來一段時期內FCF的恢復。
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，即將公佈的第二季度和第三季度業績可能會成爲有害的催化劑，尤其是ACP最近的取消和不太可能的復甦，可能會突顯寬帶價格和量方面的不利風險。
Charter Communications Stock Prediction For 2024
2024年特許通訊股票預測
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.
當投資者考慮買入長期股票時，評估股票未來走勢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.
在規劃股票未來發展方向時，投資者應該考慮的因素包括未來的盈利預期和預期表現相對於基準指數。
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.
特許通訊的營業收入在過去5年中以平均年增長率4.26%的速度增長。分析師的平均1年目標價爲285.82美元，預計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.
雖然過去的表現不能保證未來的結果，但投資者也應當將一支股票的歷史表現與基準指數和公司同行相比較。特許通訊的股票表現年化回報率爲-25.35%，表現不佳，落後於標普500指數33.6%。相比之下，整個通訊服務板塊增長了-7.73%。特許通訊公司的beta爲1.22。
CHTR Price Action: Charter Communications shares closed lower by 0.74% at $301.25 on Wednesday.
CHTR價格行動：特許通訊公司的股票週三收低0.74%，報301.25美元。
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還閱讀：
- Charter Communications Loses Residential Internet Customers In Q1, Reports Sharp Drop In Video Subscriptions
- 特許通訊在第一季度失去家庭互聯網客戶，視頻訂戶數量急劇下降
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圖片來自shutterstock。