S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results

Altice USA (ATUS) Stock Price, News & Analysis

$2.96
+0.47 (+18.88%)
(As of 02/27/2024 ET)
Today's Range
$2.31
$3.00
50-Day Range
$1.83
$3.26
52-Week Range
$1.75
$4.26
Volume
21.65 million shs
Average Volume
5.35 million shs
Market Capitalization
$1.35 billion
P/E Ratio
24.67
Dividend Yield
N/A
Price Target
$3.22

Altice USA MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
8.7% Upside
$3.22 Price Target
Short Interest
Bearish
5.26% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
-0.13mentions of Altice USA in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-23.08%
From $0.26 to $0.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

Computer And Technology Sector

279th out of 595 stocks

Cable & Other Pay Television Services Industry

11th out of 18 stocks


ATUS stock logo

About Altice USA Stock (NYSE:ATUS)

Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications. It also provides voice over Internet protocol telephone services; and mobile services, such as data, talk, and text. In addition, the company offers Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony services, managed Wi-Fi, managed desktop and server backup, and collaboration services comprising audio and web conferencing; fiber-to-the-tower services to wireless carriers; data services consisting of wide area networking and dedicated data access, as well as wireless mesh networks; and enterprise class telephone services that include traditional multi-line phone service. Further, it provides business e-mail, hosted private branch exchange, web space storage, and network security monitoring; and international calling and toll free numbers. Additionally, the company offers audience-based and IP-authenticated cross-screen advertising solutions; and television and digital advertising services, as well as operates news channels under the News 12 Networks, Cheddar, and i24NEWS names. It also provides broadband communications and video services under the Optimum and Suddenlink brands. The company was incorporated in 2015 and is headquartered in Long Island City, New York.

ATUS Stock Price History

ATUS Stock News Headlines

Altice USA (NYSE:ATUS) Lifted to "Neutral" at BNP Paribas
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Charter Communications Weighs Takeover of Altice USA
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Altice USA Inc (ATUS)
IAC Inc.
Altice USA (NYSE:ATUS) Soars on Q4 Numbers
Q4 2023 Altice USA Inc Earnings Call
Altice USA Earnings: What To Look For From ATUS
See More Headlines
Receive ATUS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Altice USA and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/14/2024
Today
2/28/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Previous Symbol
NASDAQ:ATUS
Fax
N/A
Employees
10,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.22
High Stock Price Target
$5.00
Low Stock Price Target
$1.20
Potential Upside/Downside
+8.7%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$53.20 million
Pretax Margin
1.28%

Debt

Sales & Book Value

Annual Sales
$9.24 billion
Cash Flow
$6.17 per share
Book Value
($0.95) per share

Miscellaneous

Free Float
211,638,000
Market Cap
$1.35 billion
Optionable
Optionable
Beta
1.33

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report














ATUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Altice USA stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ATUS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ATUS, but not buy additional shares or sell existing shares.
View ATUS analyst ratings
or view top-rated stocks.

What is Altice USA's stock price target for 2024?

7 Wall Street analysts have issued 1 year price targets for Altice USA's stock. Their ATUS share price targets range from $1.20 to $5.00. On average, they expect the company's stock price to reach $3.22 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price.
View analysts price targets for ATUS
or view top-rated stocks among Wall Street analysts.

How have ATUS shares performed in 2024?

Altice USA's stock was trading at $3.25 at the beginning of 2024. Since then, ATUS shares have decreased by 8.9% and is now trading at $2.96.
View the best growth stocks for 2024 here
.

When is Altice USA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our ATUS earnings forecast
.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) issued its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.33. The company earned $2.30 billion during the quarter, compared to analyst estimates of $2.29 billion. Altice USA had a negative trailing twelve-month return on equity of 12.81% and a net margin of 0.58%. Altice USA's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.43) earnings per share.

What ETFs hold Altice USA's stock?

ETFs with the largest weight of Altice USA (NYSE:ATUS) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE) and Direxion Work From Home ETF (WFH).SRH U.S. Quality ETF (SRHQ).

What other stocks do shareholders of Altice USA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Altice USA investors own include Bank of America (BAC), Intelsat (I), Ciena (CIEN), Fossil Group (FOSL), AMC Entertainment (AMC), Abercrombie & Fitch (ANF), Intel (INTC), Apollo Global Management (APO), AT&T (T) and Cypress Semiconductor (CY).

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 served as the underwriters for the IPO and Scotiabank, SOCIETE GENERALE and TD Securities were co-managers.

Who are Altice USA's major shareholders?

Altice USA's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.72%), Thompson Siegel & Walmsley LLC (1.51%), Massachusetts Financial Services Co. MA (1.18%), Balyasny Asset Management L.P. (0.92%), Raymond James & Associates (0.92%) and Assenagon Asset Management S.A. (0.85%). Insiders that own company stock include Alt SARL Next, Charles Stewart, Gerrit Jan Bakker, Michael Grau, Michael Olsen and Susan C Schnabel.
View institutional ownership trends
.

How do I buy shares of Altice USA?

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

This page (NYSE:ATUS) was last updated on 2/28/2024 by MarketBeat.com Staff