Can Charter Communications Stock Rise in 2019?

How the Top Telecom Stocks Are Placed Moving Forward in 2019 (Continued from Prior Part) ## Analysts on Charter stock On January 3, Charter Communications (CHTR) had “buy” ratings from 21 out of 28 analysts and “hold” ratings from six analysts. One analyst had a “sell” rating on the stock. Charter stock has fallen ~18.6% in the trailing-12-month period and risen ~0.9% year-to-date. Based on the stock’s January 3 price of $287.50, analysts’ consensus target price of $376.40 implies that the stock has the potential to rise ~30.9% over the next 12 months. Analysts’ target price has risen from $372.36 a month ago. ## Analysts’ EPS expectations Analysts expect Charter to post adjusted EPS of $1.45 in the fourth quarter. The company’s total adjusted EPS for 2018 are expected to be $5.49, representing a potential rise of ~99.6% from $2.75 in 2017. For 2019, analysts expect the company to post adjusted EPS of $7.58, representing a potential rise of ~38.1% from $5.49 in 2018. In comparison, Comcast’s (CMCSA) adjusted EPS are expected to rise ~26.5% YoY (year-over-year) to $0.62 in the fourth quarter. Frontier Communications (FTR) is expected to post adjusted EPS of -$0.09 in the fourth quarter compared to -$0.59 in the same quarter a year earlier. In the integrated US telecommunications space, AT&T’s (T) adjusted EPS are expected to rise ~9% YoY to $0.85 in the fourth quarter, while Verizon’s (VZ) adjusted EPS are expected to rise ~26.7% YoY to $1.09. Continue to Next Part Browse this series on Market Realist: * Part 1 - What Do Analysts Expect from Verizon’s EPS in 2019? * Part 2 - Has the Crash Created an Opportunity for AT&T’s Investors? * Part 3 - A Look at T-Mobile’s Earnings and Revenue Growth in 2019