Altice USA Company Profile (NASDAQ:ATUS)

About Altice USA (NASDAQ:ATUS)

Altice USA logoAltice USA, Inc. is engaged in providing broadband communications and video services in the United States. The Company's segments include Cablevision and Cequel. Cablevision provides broadband, pay television and telephony services to residential and business customers in and around the New York metropolitan area. Cequel provides broadband, pay television and telephony services to residential and business customers in the south-central United States. It also provides services through ten states of Texas, West Virginia, Louisiana, Arkansas, North Carolina, Oklahoma, Arizona, California, Missouri and Ohio. The Company also provides Wi-Fi hotspot access content and advertising services. Broadband provides services, such as video streaming, content downloading for time-shifted video consumption and other applications delivered over OTT platforms. Pay Television provides services through cable network. Video services delivered over DSL networks.

Industry, Sector and Symbol:
  • Sector: Telecommunications Services
  • Industry: Integrated Telecommunications Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:ATUS
  • CUSIP: N/A
  • Web: alticeusa.com/
Capitalization:
  • Market Cap: $19.86 billion
  • Outstanding Shares: 737,068,000
Average Prices:
  • 50 Day Moving Avg: $30.41
  • 200 Day Moving Avg: $31.20
  • 52 Week Range: $26.11 - $35.29
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 61.23
  • P/E Growth: -12.67
Sales & Book Value:
  • Annual Revenue: $9.2 billion
  • Price / Sales: 2.16
  • Book Value: $4.43 per share
  • Price / Book: 6.08
Profitability:
  • EBIDTA: $3.69 billion
  • Net Margins: -20.39%
  • Return on Equity: -63.90%
  • Return on Assets: -5.28%
Misc:
  • Average Volume: 1.87 million shs.
  • Short Ratio: 0.19
 

Frequently Asked Questions for Altice USA (NASDAQ:ATUS)

What is Altice USA's stock symbol?

Altice USA trades on the NASDAQ under the ticker symbol "ATUS."

When will Altice USA make its next earnings announcement?

Altice USA is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Altice USA.

Where is Altice USA's stock going? Where will Altice USA's stock price be in 2017?

12 brokerages have issued 1-year price targets for Altice USA's stock. Their predictions range from $31.00 to $44.00. On average, they expect Altice USA's stock price to reach $35.92 in the next year. View Analyst Ratings for Altice USA.

Who are some of Altice USA's key competitors?

When did Altice USA IPO?

(ATUS) raised $1.4 billion in an initial public offering (IPO) on Thursday, June 22nd 2017. The company issued 46,600,000 shares at $27.00-$31.00 per share. J.P. Morgan, Morgan Stanley, Citigroup, Goldman, Sachs, BofA Merrill Lynch, Barclays, BNP PARIBAS, Deutsche Bank Securities and RBC Capital Markets acted as the underwriters for the IPO and Scotiabank, SOCIETE GENERALE and TD Securities were co-managers.

When did the company's quiet period expire?

Altice USA's quiet period expired on Tuesday, August 1st. Altice USA had issued 63,943,029 shares in its IPO on June 22nd. The total size of the offering was $1,918,290,870 based on an initial share price of $30.00. During the company's quiet period, underwriters and any insiders that worked on the IPO were prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Who owns Altice USA stock?

Altice USA's stock is owned by many different of institutional and retail investors. Top institutional investors include Canada Pension Plan Investment Board (17.11%), Franklin Resources Inc. (0.33%), Vanguard Group Inc. (0.32%), Egerton Capital UK LLP (0.00%), FMR LLC (0.27%) and Pelham Capital Ltd. (0.00%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Bc European Capital Ix Ltd, Lisa Rosenblum, Mark Mullen and Victoria Mink. View Institutional Ownership Trends for Altice USA.

Who bought Altice USA stock? Who is buying Altice USA stock?

Altice USA's stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Franklin Resources Inc., Vanguard Group Inc., Egerton Capital UK LLP, FMR LLC, Pelham Capital Ltd., Citadel Advisors LLC and Winslow Capital Management LLC. Company insiders that have bought Altice USA stock in the last two years include Abdelhakim Boubazine, Lisa Rosenblum, Mark Mullen and Victoria Mink. View Insider Buying and Selling for Altice USA.

How do I buy Altice USA stock?

Shares of Altice USA can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Altice USA's stock price today?

One share of Altice USA stock can currently be purchased for approximately $26.94.


MarketBeat Community Rating for Altice USA (NASDAQ ATUS)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  34 (Vote Outperform)
Underperform Votes:  38 (Vote Underperform)
Total Votes:  72
MarketBeat's community ratings are surveys of what our community members think about Altice USA and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Altice USA (NASDAQ:ATUS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $35.92 (33.32% upside)

Analysts' Ratings History for Altice USA (NASDAQ:ATUS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/15/2017GuggenheimReiterated RatingBuy -> Neutral$31.00HighView Rating Details
8/23/2017Morgan StanleyReiterated RatingEqual Weight$31.00 -> $32.00LowView Rating Details
8/8/2017Pivotal ResearchReiterated RatingBuy$38.00LowView Rating Details
7/26/2017Wells Fargo & CompanyInitiated CoverageMarket Perform -> Market Perform$34.00LowView Rating Details
7/18/2017BNP ParibasInitiated CoverageOutperform -> Outperform$36.00LowView Rating Details
7/17/2017Deutsche Bank AGInitiated CoverageBuy$36.00LowView Rating Details
7/17/2017Citigroup Inc.Initiated CoverageBuy$44.00LowView Rating Details
7/17/2017Bank of America CorporationInitiated CoverageNeutral$36.00LowView Rating Details
7/17/2017J P Morgan Chase & CoInitiated CoverageOverweight$39.00LowView Rating Details
7/17/2017Barclays PLCInitiated CoverageEqual Weight -> Equal Weight$32.00 -> $32.00LowView Rating Details
7/17/2017Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$33.00LowView Rating Details
7/17/2017Royal Bank Of CanadaInitiated CoverageOutperform -> Outperform$40.00LowView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Altice USA (NASDAQ:ATUS)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Altice USA (NASDAQ:ATUS)
Current Year EPS Consensus Estimate: $-0.71 EPS
Next Year EPS Consensus Estimate: $0.44 EPS

Dividends

Dividend History for Altice USA (NASDAQ:ATUS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Altice USA (NASDAQ:ATUS)
Insider Trades by Quarter for Altice USA (NASDAQ:ATUS)
Institutional Ownership by Quarter for Altice USA (NASDAQ:ATUS)
Insider Trades by Quarter for Altice USA (NASDAQ:ATUS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/27/2017Abdelhakim BoubazineInsiderBuy65,000$30.00$1,950,000.00View SEC Filing  
6/27/2017Bc European Capital Ix LtdMajor ShareholderSell36,197,360$29.01$1,050,085,413.60View SEC Filing  
6/27/2017Lisa RosenblumVice ChairmanBuy3,000$30.00$90,000.00View SEC Filing  
6/27/2017Mark MullenDirectorBuy5,000$30.00$150,000.00View SEC Filing  
6/27/2017Victoria MinkSVPBuy1,000$30.00$30,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Altice USA (NASDAQ:ATUS)
Latest Headlines for Altice USA (NASDAQ:ATUS)
Source:
DateHeadline
finance.yahoo.com logoAltice USA Extends Low-Cost Broadband Service across the Country
finance.yahoo.com - September 19 at 4:12 PM
thestreet.com logoCable Contract Dispute Could Black Out ABC, ESPN in New York Tri-State Area
www.thestreet.com - September 18 at 9:34 PM
finance.yahoo.com logoESPN Pushes College Channels on Altice in New Fee Talks
finance.yahoo.com - September 18 at 4:32 PM
americanbankingnews.com logoComparing CenturyLink (CTL) and Altice USA (ATUS)
www.americanbankingnews.com - September 16 at 6:14 AM
americanbankingnews.com logoGuggenheim Reaffirms "Neutral" Rating for Altice USA Inc (ATUS)
www.americanbankingnews.com - September 15 at 11:12 PM
finance.yahoo.com logoAltice USA Celebrates Hispanic Heritage Month with Launch of Student Essay Contest
finance.yahoo.com - September 15 at 4:30 PM
americanbankingnews.com logoAnalyzing Altice USA (ATUS) and Frontier Communications Corporation (FTR)
www.americanbankingnews.com - September 13 at 2:28 AM
finance.yahoo.com logoAltice says open-minded about cable M&A
finance.yahoo.com - September 12 at 4:25 PM
finance.yahoo.com logoAnalyst: Why Jim Dolan Could Sell The New York Knicks
finance.yahoo.com - September 11 at 4:15 PM
finance.yahoo.com logoWhy Media Stocks & ETFs Are Under Pressure
finance.yahoo.com - September 8 at 4:34 PM
finance.yahoo.com logoAltice to Participate in Goldman Sachs Communacopia Conference
finance.yahoo.com - September 7 at 9:12 PM
finance.yahoo.com logoAltice USA and Amdocs Enter into Multi-Year Partnership to Establish Industry-Leading Business and Operational Support Systems
finance.yahoo.com - September 7 at 4:11 PM
finance.yahoo.com logoCharter Communications: No Deal for You
finance.yahoo.com - September 6 at 4:08 PM
americanbankingnews.com logoComparing Altice USA (ATUS) and IDT Corporation (IDT)
www.americanbankingnews.com - September 6 at 12:22 PM
americanbankingnews.com logoAltice USA Inc (ATUS) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 5 at 6:28 AM
finance.yahoo.com logoFormer Suddenlink CTO gets promotion at Altice
finance.yahoo.com - September 1 at 4:46 PM
americanbankingnews.com logoComparing Neustar (NSR) and Altice USA (ATUS)
www.americanbankingnews.com - September 1 at 9:02 AM
finance.yahoo.com logoAltice USA Announces Technology Executive Appointments
finance.yahoo.com - August 30 at 5:23 PM
finance.yahoo.com logoTelecoms group Altice announces 1 billion euros share buyback
finance.yahoo.com - August 28 at 4:15 PM
americanbankingnews.com logoAltice USA's (ATUS) Equal Weight Rating Reaffirmed at Morgan Stanley
www.americanbankingnews.com - August 23 at 2:56 PM
americanbankingnews.com logoFinancial Survey: CenturyLink (CTL) vs. Altice USA (ATUS)
www.americanbankingnews.com - August 23 at 6:28 AM
americanbankingnews.com logoAltice USA Inc (ATUS) Expected to Post Earnings of -$0.01 Per Share
www.americanbankingnews.com - August 18 at 8:08 PM
finance.yahoo.com logo[$$] Charter M&A Chatter Doesn't Make Sense
finance.yahoo.com - August 16 at 4:46 PM
finance.yahoo.com logoAltice USA’s Fiber-to-the-Home Network on Track to Reach One Million Homes Constructed in 2018
finance.yahoo.com - August 14 at 4:35 PM
nasdaq.com logoSurprising Analyst 12-Month Target For MGK
www.nasdaq.com - August 11 at 4:38 PM
americanbankingnews.com logoAltice USA Inc (NASDAQ:ATUS) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 11 at 3:02 PM
finance.yahoo.com logoPatrick Drahi’s Altice Launches Fresh SFR Buyout Attempt
finance.yahoo.com - August 10 at 3:45 PM
finance.yahoo.com logo[$$] Altice-Charter Chatter May Be Just Talk
finance.yahoo.com - August 10 at 3:45 PM
finance.yahoo.com logoAltice weighing takeover offer for Charter -sources
finance.yahoo.com - August 9 at 4:18 PM
americanbankingnews.com logoAltice USA's (ATUS) "Buy" Rating Reiterated at Pivotal Research
www.americanbankingnews.com - August 8 at 9:32 AM
americanbankingnews.com logoReviewing Altice USA (NASDAQ:ATUS) and Shenandoah Telecommunications (SHEN)
www.americanbankingnews.com - August 4 at 10:16 PM
americanbankingnews.com logoZacks: Analysts Expect Altice USA Inc (NASDAQ:ATUS) Will Post Quarterly Sales of $2.32 Billion
www.americanbankingnews.com - August 2 at 7:58 AM
globenewswire.com logoAltice NV: Second Quarter 2017 Pro Forma Results
www.globenewswire.com - July 27 at 9:00 PM
businesswire.com logoAltice USA Reports Second Quarter 2017 Results
www.businesswire.com - July 27 at 9:00 PM
finance.yahoo.com logoAltice's group results offset SFR's profit decline in second quarter
finance.yahoo.com - July 27 at 9:00 PM
finance.yahoo.com logoAltice USA Reports Second Quarter 2017 Results1
finance.yahoo.com - July 27 at 9:00 PM
americanbankingnews.com logoAltice USA Inc (ATUS) Now Covered by Analysts at Wells Fargo & Company
www.americanbankingnews.com - July 26 at 8:53 AM
americanbankingnews.com logoAltice USA Inc (ATUS) Now Covered by Deutsche Bank AG
www.americanbankingnews.com - July 17 at 4:44 PM
finance.yahoo.com logo[$$] Gameday for Disney to Boost ESPN Growth
finance.yahoo.com - July 17 at 4:28 PM
finance.yahoo.com logoIBM Narrative 'Tedious'; Acacia, AMC Price Targets Cut; Citi Target Raised
finance.yahoo.com - July 17 at 4:28 PM
americanbankingnews.com logoAltice USA Inc (NASDAQ:ATUS) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 17 at 10:48 AM
americanbankingnews.com logoRoyal Bank Of Canada Begins Coverage on Altice USA Inc (ATUS)
www.americanbankingnews.com - July 17 at 9:59 AM
americanbankingnews.com logoMorgan Stanley Initiates Coverage on Altice USA Inc (NASDAQ:ATUS)
www.americanbankingnews.com - July 17 at 9:58 AM
marketwatch.com logoHow to watch ‘Game of Thrones,’ HBO’s most-watched TV show
www.marketwatch.com - July 13 at 4:58 PM
feeds.benzinga.com logoIPO Market Back On Track: ETFs To Tap
feeds.benzinga.com - July 12 at 3:43 PM
seekingalpha.com logoGuggenheim starts Altice USA at Buy
seekingalpha.com - July 11 at 5:19 PM
seekingalpha.com logoAltice Is Wired To Soar Ahead Of Quiet Period Expiration
seekingalpha.com - July 11 at 4:27 PM
americanbankingnews.com logoAltice USA (ATUS) SVP Purchases $30,000.00 in Stock
www.americanbankingnews.com - June 29 at 8:36 PM
americanbankingnews.com logoInsider Buying: Altice USA (ATUS) Vice Chairman Purchases 3,000 Shares of Stock
www.americanbankingnews.com - June 29 at 8:10 PM
americanbankingnews.com logoMark Mullen Purchases 5,000 Shares of Altice USA (ATUS) Stock
www.americanbankingnews.com - June 29 at 8:10 PM

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Chart

Altice USA (ATUS) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff