|Bid||40.6300 x 1100|
|Ask||40.6300 x 6900|
|Day's Range||40.5000 - 41.2300|
|52 Week Range||30.0200 - 42.1800|
|PE Ratio (TTM)||21.49|
|Dividend & Yield||0.63 (1.50%)|
|1y Target Est||N/A|
If this comes to pass, moviegoers will have little excuse for not seeing the movies they want to see in theaters.
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.
Leggy hits like 'Wonder Woman,' 'Jurassic World,' and 'Finding Dory' show the value of the summer movie season.