NYSE:ATUS - Altice USA Stock Price, Price Target & More

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$18.48 -0.05 (-0.27 %)

(As of 05/27/2018 09:23 AM ET)

Previous Close$18.48

Today's Range$18.10 - $18.6025

52-Week Range$16.25 - $35.29

Volume3.27 million shs

Average Volume3.94 million shs

Market Capitalization$13.62 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

About Altice USA (NYSE:ATUS)

Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States. The company operates in two segments, Cablevision and Cequel. It delivers broadband, pay television, telephony services, Wi-Fi hotspot access, proprietary content, and advertising services to approximately 4.9 million residential and business customers. The company also offers wireless routers and Internet security software; and pay television services, which include delivery of broadcast stations and cable networks, and advanced digital pay television services, such as video-on-demand, high-definition channels, digital video recorder, and pay-per-view. In addition, it provides Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony, managed Wi-Fi, managed desktop and server backup services; managed collaboration services, including audio and Web conferencing; managed services, including business e-mail, hosted private branch exchange, Web space storage, and network security monitoring; data-driven television, digital, and other multi-platform advertising services; and data-driven and audience-based advertising solutions. Further, the company operates local news channels, as well as traffic and weather channels; News12.com, a destination for local news on the Web; and News 12 To Go, a mobile app for phones and tablets. Altice USA, Inc. is headquartered in Long Island City, New York. Altice USA, Inc. is a subsidiary of Altice N.V.

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Industry, Sector and Symbol

Industry Cable & other pay television services

Sub-IndustryN/A

SectorComputer and Technology

SymbolNYSE:ATUS

CUSIPN/A

Webwww.alticeusa.com

Phone516-803-2300

Debt

Debt-to-Equity Ratio4.04

Current Ratio0.70

Quick Ratio0.70

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$9.33 billion

Price / Sales1.46

Cash Flow$4.0438 per share

Price / Cash4.57

Book Value$7.32 per share

Price / Book2.52

Profitability

EPS (Most Recent Fiscal Year)$0.02

Net Income$1.52 billion

Net Margins15.69%

Return on Equity-6.78%

Return on Assets-0.82%

Miscellaneous

Employees9,414

Outstanding Shares737,070,000

Altice USA (NYSE:ATUS) Frequently Asked Questions

What is Altice USA's stock symbol?

Altice USA trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATUS."

How were Altice USA's earnings last quarter?

Altice USA Inc (NYSE:ATUS) announced its earnings results on Wednesday, May, 9th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.12) by $0.05. The company had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.34 billion. Altice USA had a net margin of 15.69% and a negative return on equity of 6.78%. The firm's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.12) EPS. View Altice USA's Earnings History.

What price target have analysts set for ATUS?

21 brokers have issued 1 year price targets for Altice USA's stock. Their forecasts range from $19.91 to $36.00. On average, they expect Altice USA's stock price to reach $28.5850 in the next twelve months. View Analyst Ratings for Altice USA.

What are Wall Street analysts saying about Altice USA stock?

Here are some recent quotes from research analysts about Altice USA stock:

1. According to Zacks Investment Research, "Altice has underperformed the industry in the last three months on an average. Stiff competition from established players in the market and high programing costs remain perennial problems for the company. Moreover, consumers’ selection of an alternate source of service due to economic constraints, technological advances or preference can curb demand for the company’s services. In addition, Altice remains susceptible to risks associated with fluctuations in foreign currency exchange rates with increased presence across the globe. Earnings estimate of the company for the current year have decreased over the past month, signifying negative investor perception. However, Altice remains on track with its five-year plan to build a FTTH network and deploy its new home communications hub to capitalize on associated revenue-growth opportunities." (5/1/2018)
2. Pivotal Research analysts commented, "We updated our estimates and initiated 2018 quarterly forecasts post the recent filing of ATUS’s 10-K. There is no change to our YE’18 target price of $28. We view the stock as attractively valued (at 11X ’18 free cash flow and 8.7X ’19 (ATC is not a full tax payer), however as expected the stock has traded sideways as of late partly driven by issues that should begin to clear up post the spin from parent Altice NV (ATC.NV, Buy)." (3/9/2018)

Are investors shorting Altice USA?

Altice USA saw a increase in short interest in May. As of May 15th, there was short interest totalling 32,720,825 shares, an increase of 21.5% from the April 30th total of 26,931,898 shares. Based on an average daily trading volume, of 2,770,542 shares, the days-to-cover ratio is presently 11.8 days. Currently, 27.8% of the company's shares are short sold.

Who are some of Altice USA's key competitors?

Some companies that are related to Altice USA include Rogers Communications (RCI), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Dish Network (DISH), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband (LBRDA), Discovery (DISCA), Viacom (VIAB), Discovery Communications (DISCK), Qurate Retail Group (QRTEB), Shaw Communications (SJR), ITV (ITVPY), Roku (ROKU) and Cable One (CABO).

Who are Altice USA's key executives?

Altice USA's management team includes the folowing people:

Mr. Dexter G. Goei, Chairman & CEO (Age 46)
Mr. Abdelhakim Boubazine, Co-Pres & COO (Age 42)
Mr. Charles Fyfe Stewart, Co-Pres & CFO (Age 48)
Mr. David P. Connolly, Exec. VP, Gen. Counsel & Sec. (Age 46)
Ms. Lisa Rosenblum, Vice Chairman (Age 63)

When did Altice USA IPO?

(ATUS) raised $1.4 billion in an 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 served as the underwriters for the IPO and Scotiabank, SOCIETE GENERALE and TD Securities were co-managers.

Has Altice USA been receiving favorable news coverage?

News headlines about ATUS stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Altice USA earned a coverage optimism score of 0.16 on Accern's scale. They also assigned headlines about the company an impact score of 45.16 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Altice USA's major shareholders?

Altice USA's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (1.88%), Massachusetts Financial Services Co. MA (1.06%), Lucerne Capital Management LP (1.01%), BlackRock Inc. (0.53%), Zimmer Partners LP (0.51%) and Thornburg Investment Management Inc. (0.27%). 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.

Which major investors are selling Altice USA stock?

ATUS stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Quadrature Capital Ltd, Point72 Asset Management L.P. and UBS Group AG. View Insider Buying and Selling for Altice USA.

Which major investors are buying Altice USA stock?

ATUS stock was bought by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Sylebra HK Co Ltd, Lucerne Capital Management LP, BlackRock Inc., Reaves W H & Co. Inc., Zimmer Partners LP, Millennium Management LLC and Pin Oak Investment Advisors Inc.. 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 shares of Altice USA?

Shares of ATUS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Altice USA's stock price today?

One share of ATUS stock can currently be purchased for approximately $18.48.

How big of a company is Altice USA?

Altice USA has a market capitalization of $13.62 billion and generates $9.33 billion in revenue each year. The company earns $1.52 billion in net income (profit) each year or $0.02 on an earnings per share basis. Altice USA employs 9,414 workers across the globe.

How can I contact Altice USA?

Altice USA's mailing address is 1 Court Square West, Long Island City NY, 11101. The company can be reached via phone at 516-803-2300 or via email at [email protected]

MarketBeat Community Rating for Altice USA (ATUS)

Community Ranking:		3.1 out of 5 ( )
Outperform Votes:		125 (Vote Outperform)
Underperform Votes:		77 (Vote Underperform)
Total Votes:		202

MarketBeat's community ratings are surveys of what our community members think about Altice USA and other stocks. Vote "Outperform" if you believe ATUS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATUS will underperform the S&P 500 over the long term. You may vote once every thirty days.

Altice USA (NYSE:ATUS) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

21 Wall Street analysts have issued ratings and price targets for Altice USA in the last 12 months. Their average twelve-month price target is $28.5850, suggesting that the stock has a possible upside of 54.68%. The high price target for ATUS is $36.00 and the low price target for ATUS is $19.91. There are currently 4 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Buy
Consensus Rating Score:	2.86	2.80	2.73	2.64
Ratings Breakdown:	0 Sell Rating(s) 4 Hold Rating(s) 16 Buy Rating(s) 1 Strong Buy Rating(s)	0 Sell Rating(s) 4 Hold Rating(s) 16 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 4 Hold Rating(s) 11 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 5 Hold Rating(s) 9 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$28.5850	$29.4953	$32.2143	$33.3571
Price Target Upside:	54.68% upside	57.98% upside	47.10% upside	68.81% upside

Altice USA (NYSE:ATUS) Consensus Price Target History

Price Target History for Altice USA (NYSE:ATUS)

Altice USA (NYSE:ATUS) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/23/2018	Buckingham Research	Lower Price Target	Buy ➝ Buy	$30.00 ➝ $28.00	Medium
5/16/2018	KeyCorp	Initiated Coverage	Overweight	$25.00	High
5/16/2018	TD Securities	Lower Price Target	Buy	$25.00 ➝ $24.00	Low
5/10/2018	JPMorgan Chase & Co.	Reiterated Rating	Focus List	$16.25 ➝ $35.29	High
4/30/2018	Citigroup	Lower Price Target	Buy ➝ Buy	$38.00 ➝ $30.00	Medium
4/11/2018	Evercore ISI	Initiated Coverage	Outperform ➝ Outperform	$24.00	High
4/3/2018	Macquarie	Initiated Coverage	Outperform ➝ Outperform	$23.50	Medium
3/26/2018	Cowen	Initiated Coverage	Buy	$25.00	Low
3/14/2018	Goldman Sachs Group	Initiated Coverage	Buy		Low
3/9/2018	Pivotal Research	Reiterated Rating	Buy	$28.00	Low
3/6/2018	Royal Bank of Canada	Reiterated Rating	Outperform	$31.00 ➝ $35.00	Low
1/23/2018	Barclays	Upgrade	Equal Weight ➝ Overweight	$22.00 ➝ $26.00	Low
12/13/2017	Societe Generale	Initiated Coverage	Buy ➝ Buy		Low
11/14/2017	Morgan Stanley	Lower Price Target	Equal Weight	$32.00 ➝ $25.00	N/A
11/10/2017	Moffett Nathanson	Upgrade	Neutral ➝ Buy		N/A
11/6/2017	Deutsche Bank	Reiterated Rating	Buy	$35.00	N/A
11/6/2017	Wells Fargo & Co	Reiterated Rating	Market Perform	$34.00 ➝ $25.00	N/A
10/31/2017	Atlantic Securities	Initiated Coverage	Overweight ➝ Overweight	$32.00	N/A
9/15/2017	Guggenheim	Reiterated Rating	Buy ➝ Neutral	$31.00	High
7/18/2017	BNP Paribas	Initiated Coverage	Outperform ➝ Outperform	$36.00	Low
7/17/2017	Bank of America	Initiated Coverage	Neutral	$36.00	Low

(Data available from 5/27/2016 forward)

Altice USA (NYSE:ATUS) Earnings History and Estimates Chart

Earnings by Quarter for Altice USA (NYSE:ATUS)

Altice USA (NYSE:ATUS) Earnings Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q2 2018	1	$0.00	$0.00	$0.00
Q3 2018	1	$0.00	$0.00	$0.00
Q4 2018	1	$0.02	$0.02	$0.02

Altice USA (NYSE ATUS) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/9/2018	Q1 2018	($0.12)	($0.17)	$2.3442 billion	$2.3297 billion	View	N/A
2/27/2018	Q4 2017	$0.0040	($0.0860)	$2.3552 billion	$2.3654 billion	View	Listen
11/2/2017	Q3 2017	($0.01)	($0.08)	$2.3260 billion	$2.3272 billion	View	N/A
7/27/2017	Q2 2017	($0.10)	($0.17)	$2.3191 billion	$2.3283 billion	View	N/A

(Earnings results data provided by Zacks Investment Research)

Altice USA (NYSE:ATUS) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Altice USA (NYSE ATUS) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 17.16%

Insider Trading History for Altice USA (NYSE:ATUS)

Institutional Ownership by Quarter for Altice USA (NYSE:ATUS)

Altice USA (NYSE ATUS) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/27/2017	Abdelhakim Boubazine	Insider	Buy	65,000	$30.00	$1,950,000.00	937,544
6/27/2017	Bc European Capital Ix Ltd	Major Shareholder	Sell	36,197,360	$29.01	$1,050,085,413.60
6/27/2017	Lisa Rosenblum	Vice Chairman	Buy	3,000	$30.00	$90,000.00	18,751
6/27/2017	Mark Mullen	Director	Buy	5,000	$30.00	$150,000.00	5,000
6/27/2017	Victoria Mink	SVP	Buy	1,000	$30.00	$30,000.00	37,502

(Data available from 1/1/2013 forward)

Altice USA (NYSE ATUS) News Headlines

Source:

Date	Headline
	[$$] Altice's U.S. Spinoff Looks Like a Winning Bet finance.yahoo.com - May 26 at 9:42 AM
	Form 8-A12G Altice USA, Inc. www.streetinsider.com - May 24 at 10:06 AM
	Altice NV Announces Election Period and Anticipated Effective Date of Distribution of Altice USA Shares; www.businesswire.com - May 24 at 10:06 AM
	The Coalition for Access, Affordability and Success, and Altice USA Partner to Promote Education Success and College Accessibility www.bizjournals.com - May 23 at 4:07 PM
	Altice USA (ATUS) PT Lowered to $28.00 www.americanbankingnews.com - May 23 at 1:54 PM
	French telecoms stocks rise as regulator re-ignites merger talk finance.yahoo.com - May 22 at 9:41 AM
	Options Traders Expect Huge Moves in Altice USA, Inc. (ATUS) Stock finance.yahoo.com - May 22 at 9:41 AM
	Head-To-Head Contrast: Altice USA (ATUS) and Discovery (DISCA) www.americanbankingnews.com - May 21 at 11:12 PM
	Altice USA Inc (ATUS) Forecasted to Earn Q2 2018 Earnings of $0.00 Per Share www.americanbankingnews.com - May 21 at 1:09 AM
	Altice NV's Shareholders Approve the Separation of Altice USA from Altice NV www.businesswire.com - May 18 at 11:02 AM
	Altice profit declines but subscriber numbers rise www.marketwatch.com - May 17 at 10:16 AM
	Altice USA +1.8% as KeyBanc starts at Overweight seekingalpha.com - May 17 at 10:16 AM
	Altice USA (ATUS) Coverage Initiated at KeyCorp www.americanbankingnews.com - May 16 at 5:31 PM
	TD Securities Cuts Altice USA (ATUS) Price Target to $24.00 www.americanbankingnews.com - May 16 at 3:30 PM
	French telco maverick Iliad suffers painful coming of age finance.yahoo.com - May 15 at 10:39 AM
	$2.37 Billion in Sales Expected for Altice USA Inc (ATUS) This Quarter www.americanbankingnews.com - May 14 at 4:47 AM
	Altice USA Inc (ATUS) Receives Consensus Rating of "Buy" from Analysts www.americanbankingnews.com - May 13 at 5:34 AM
	-$0.12 Earnings Per Share Expected for Altice USA Inc (ATUS) This Quarter www.americanbankingnews.com - May 12 at 5:37 AM
	Altice USA Announces Participation in the Goldman Sachs Third Annual Leveraged Finance Conference www.businesswire.com - May 11 at 11:02 AM
	Altice USA (ATUS) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS www.americanbankingnews.com - May 10 at 9:17 PM
	JPMorgan Chase Reiterates "Focus List" Rating for Altice USA (ATUS) www.americanbankingnews.com - May 10 at 7:14 PM
	Altice USA misses by $0.05, misses on revenue seekingalpha.com - May 10 at 10:14 AM
	Altice losses and sales grow, stock falls www.marketwatch.com - May 10 at 10:14 AM
	Altice USA (ATUS) Reports Wider-Than-Expected Loss in Q1 www.zacks.com - May 10 at 10:14 AM
	Altice USA's (ATUS) CEO Dexter Goei on Q1 2018 Results - Earnings Call Transcript seekingalpha.com - May 10 at 10:14 AM
	Edited Transcript of ATUS.N earnings conference call or presentation 9-May-18 8:30pm GMT finance.yahoo.com - May 10 at 10:14 AM
	Should You Be Tempted To Buy Altice USA Inc (NYSE:ATUS) Because Of Its PE Ratio? finance.yahoo.com - May 9 at 4:04 PM
	Altice USA Sees Unusually High Options Volume (ATUS) www.americanbankingnews.com - May 9 at 6:38 AM
	Stock Traders Purchase High Volume of Put Options on Altice USA (ATUS) www.americanbankingnews.com - May 9 at 6:38 AM
	Should You Buy Altice USA (ATUS) Ahead of Earnings? www.nasdaq.com - May 8 at 9:51 AM
	Altice USA Launches Digital Literacy Program for Middle School Students at Event with U.S. Senator Richard Blumenthal and Altice USA Chairman & CEO Dexter Goei finance.yahoo.com - May 4 at 9:50 AM
	Altice USA (ATUS) Set to Announce Earnings on Wednesday www.americanbankingnews.com - May 2 at 9:42 PM
	Altice USA (ATUS) Lowered to "Sell" at Zacks Investment Research www.americanbankingnews.com - May 1 at 12:58 PM
	Altice USA to Hold Conference Call to Discuss Q1 2018 Results www.bizjournals.com - May 1 at 9:57 AM
	Citigroup Cuts Altice USA (ATUS) Price Target to $30.00 www.americanbankingnews.com - April 30 at 9:29 AM
	Relative Strength Alert For Altice USA www.nasdaq.com - April 27 at 4:03 PM
	Altice USA Inc (ATUS) Expected to Post Quarterly Sales of $2.35 Billion www.americanbankingnews.com - April 26 at 2:18 AM
	Altice USA Inc (ATUS) Expected to Announce Earnings of -$0.13 Per Share www.americanbankingnews.com - April 24 at 5:10 PM
	Robbins Arroyo LLP is Investigating the Officers and Directors of Altice USA, Inc. (ATUS) finance.yahoo.com - April 20 at 10:14 AM
	Investors Buy Large Volume of Altice USA Put Options (ATUS) www.americanbankingnews.com - April 19 at 8:00 AM
	Altice USA (ATUS) Receives New Coverage from Analysts at Guggenheim www.americanbankingnews.com - April 18 at 9:10 PM
	Altice USA Inc (ATUS) Receives Consensus Recommendation of "Buy" from Brokerages www.americanbankingnews.com - April 18 at 5:41 AM
	Altice USA (ATUS) Coverage Initiated at Goldman Sachs www.americanbankingnews.com - April 17 at 11:58 PM
	JPMorgan Chase Initiates Coverage on Altice USA (ATUS) www.americanbankingnews.com - April 17 at 11:58 PM
	Barclays Initiates Coverage on Altice USA (ATUS) www.americanbankingnews.com - April 17 at 11:58 PM
	Bank of America Begins Coverage on Altice USA (ATUS) www.americanbankingnews.com - April 17 at 11:58 PM
	Citigroup Initiates Coverage on Altice USA (ATUS) www.americanbankingnews.com - April 17 at 11:29 PM
	Altice USA (ATUS) Earns Outperform Rating from Analysts at BNP Paribas www.americanbankingnews.com - April 17 at 5:54 PM
	Netflix shares hit record as more subscribers sign up finance.yahoo.com - April 17 at 4:18 PM
	Altice USA Inc (ATUS) Short Interest Update www.americanbankingnews.com - April 16 at 2:00 AM

Altice USA (NYSE:ATUS) SEC Filings

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Altice USA (NYSE ATUS) Stock Chart for Sunday, May, 27, 2018

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This page was last updated on 5/27/2018 by MarketBeat.com Staff