We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Are Consumer Discretionary Stocks Lagging Charter Communications (CHTR) This Year?
Read MoreHide Full Article
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Charter Communications (CHTR - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Charter Communications is a member of our Consumer Discretionary group, which includes 256 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Charter Communications is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for CHTR's full-year earnings has moved 7.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, CHTR has gained about 14.3% so far this year. In comparison, Consumer Discretionary companies have returned an average of -3.5%. As we can see, Charter Communications is performing better than its sector in the calendar year.
Gray Media (GTN - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 6.4%.
Over the past three months, Gray Media's consensus EPS estimate for the current year has increased 35.7%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Charter Communications belongs to the Cable Television industry, which includes 8 individual stocks and currently sits at #92 in the Zacks Industry Rank. This group has lost an average of 1.2% so far this year, so CHTR is performing better in this area.
On the other hand, Gray Media belongs to the Broadcast Radio and Television industry. This 19-stock industry is currently ranked #25. The industry has moved +16.4% year to date.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Charter Communications and Gray Media as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Are Consumer Discretionary Stocks Lagging Charter Communications (CHTR) This Year?
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Charter Communications (CHTR - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Charter Communications is a member of our Consumer Discretionary group, which includes 256 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Charter Communications is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for CHTR's full-year earnings has moved 7.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, CHTR has gained about 14.3% so far this year. In comparison, Consumer Discretionary companies have returned an average of -3.5%. As we can see, Charter Communications is performing better than its sector in the calendar year.
Gray Media (GTN - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 6.4%.
Over the past three months, Gray Media's consensus EPS estimate for the current year has increased 35.7%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Charter Communications belongs to the Cable Television industry, which includes 8 individual stocks and currently sits at #92 in the Zacks Industry Rank. This group has lost an average of 1.2% so far this year, so CHTR is performing better in this area.
On the other hand, Gray Media belongs to the Broadcast Radio and Television industry. This 19-stock industry is currently ranked #25. The industry has moved +16.4% year to date.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Charter Communications and Gray Media as they attempt to continue their solid performance.