NYSE:ATUS - Altice USA Stock Price, Forecast & News

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

Altice USA Inc (NYSE:ATUS) issued its earnings results on Tuesday, November, 5th. The company reported $0.12 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.12. The firm earned $2.44 billion during the quarter, compared to the consensus estimate of $2.48 billion. Altice USA had a return on equity of 17.04% and a net margin of 3.61%. The business's quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.04 earnings per share. View Altice USA's Earnings History.

Altice USA is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Altice USA.

16 Wall Street analysts have issued twelve-month price objectives for Altice USA's stock. Their forecasts range from $8.00 to $42.00. On average, they anticipate Altice USA's stock price to reach $32.13 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price. View Analyst Price Targets for Altice USA.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altice USA.

Headlines about ATUS stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Altice USA earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Altice USA.

Altice USA saw a increase in short interest in October. As of October 31st, there was short interest totalling 15,290,000 shares, an increase of 11.3% from the September 30th total of 13,740,000 shares. Based on an average trading volume of 5,860,000 shares, the short-interest ratio is currently 2.6 days. Currently, 4.2% of the shares of the stock are short sold. View Altice USA's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Altice USA investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Ciena (CIEN), Apollo Global Management (APO), First Data (FDC), Associated British Foods (ABF), Chaarat Gold (CGH) and Cypress Semiconductor (CY).

(ATUS) raised $1.4 billion in an initial public offering on Thursday, June 22nd 2017. The company issued 46,600,000 shares at a price of $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.

Altice USA's stock is owned by a number of of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.46%), Boston Partners (1.51%), Voya Investment Management LLC (1.40%), Pelham Capital Ltd. (1.21%), Zimmer Partners LP (1.23%) and State Street Corp (0.96%). Company insiders that own Altice USA stock include Alt SARL Next, Colleen Schmidt, David Connolly, Dennis Okhuijsen, Lisa Rosenblum, Michael Olsen, SARL Suddenvision and Victoria Mink. View Institutional Ownership Trends for Altice USA.

ATUS stock was sold by a variety of institutional investors in the last quarter, including Lucerne Capital Management LP, Sylebra Capital Ltd, Assenagon Asset Management S.A., TimesSquare Capital Management LLC, Boston Partners, Deltec Asset Management LLC, Barclays PLC and Coronation Fund Managers Ltd.. Company insiders that have sold Altice USA company stock in the last year include Alt SARL Next, Colleen Schmidt, Dennis Okhuijsen, Michael Olsen and SARL Suddenvision. View Insider Buying and Selling for Altice USA.

ATUS stock was purchased by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Massachusetts Financial Services Co. MA, Pelham Capital Ltd., Millennium Management LLC, Artemis Investment Management LLP, Worldquant Millennium Advisors LLC, State Street Corp and Columbus Circle Investors. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ATUS stock can currently be purchased for approximately $25.72.

Altice USA has a market capitalization of $16.38 billion and generates $9.57 billion in revenue each year. The company earns $18.83 million in net income (profit) each year or $0.08 on an earnings per share basis. Altice USA employs 12,185 workers across the globe.View Additional Information About Altice USA.

The official website for Altice USA is http://www.alticeusa.com/.

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]