|Bid||48.63 x 1000|
|Ask||48.75 x 300|
|Day's range||48.15 - 48.80|
|52-week range||42.80 - 54.83|
|PE ratio (TTM)||16.31|
|Earnings date||19 Oct 2017|
|Dividend & yield||2.31 (4.81%)|
|1y target est||49.59|
Senior executives at AT&T (T), Verizon (VZ), and CenturyLink (CTL) joined other business leaders in a White House meeting with President Trump in June.
Over the past several weeks/months, Charter (CHTR) has been named as a potential target for a whole host of companies, including Verizon Communications (VZ), Comcast (CMCSA), Altice USA (ATUS)/Altice [of the Netherlands], and Softbank Group [of Japan]/Sprint (S). According to our fixed-income analysts (Nicole Black in investment-grade/Davis Hebert in high-yield), Charter’s total incurrence test caps its incremental debt capacity at $30.8 billion, making any levered suitor dependent on a lot of equity to fund a deal of this size.
The Big Four carriers’ shell-game-like pricing practices can be so convoluted you almost need an advanced degree in math to decipher them. They continually shift prices up or down on their cell-p...