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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs

Altice USA Stock Price, News & Analysis (NYSE:ATUS)

$2.30
0.00 (0.00%)
(As of 12/1/2023 ET)
Compare
Today's Range
$2.17
$2.33
50-Day Range
$2.05
$3.45
52-Week Range
$2.01
$5.57
Volume
3.99 million shs
Average Volume
3.98 million shs
Market Capitalization
$1.05 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.82

Altice USA MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
109.6% Upside
$4.82 Price Target
Short Interest
Bearish
5.38% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.46mentions of Altice USA in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-21.05%
From $0.57 to $0.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

Computer And Technology Sector

499th out of 602 stocks

Cable & Other Pay Television Services Industry

16th out of 20 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

Optimum Announces New Leadership Appointments
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Altice USA (NYSE:ATUS) Trading 5.7% Higher
HSBC Downgrades Altice USA Inc - (ATUS)
Altice USA Inc Class A
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Altice (ATUS) Beats on Q3 Earnings Despite Lower Revenues
Q3 2023 Altice USA Inc Earnings Call
Altice USA Reports Third Quarter 2023 Results
Altice Usa (ATUS) Receives a Hold from Wells Fargo
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Today
12/01/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Previous Symbol
NASDAQ:ATUS
Fax
N/A
Employees
11,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.84
High Stock Price Target
$18.00
Low Stock Price Target
$1.20
Potential Upside/Downside
+110.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.71
Research Coverage
6 Analysts

Profitability

Net Income
$194.56 million
Pretax Margin
2.69%

Debt

Sales & Book Value

Annual Sales
$9.65 billion
Cash Flow
$4.26 per share
Book Value
($0.71) per share

Miscellaneous

Free Float
211,010,000
Market Cap
$1.05 billion
Optionable
Optionable
Beta
1.39
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ATUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Altice USA stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last twelve months. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" ATUS shares.
View ATUS analyst ratings
or view top-rated stocks.

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

6 Wall Street analysts have issued 1-year price objectives for Altice USA's stock. Their ATUS share price targets range from $1.20 to $18.00. On average, they expect the company's share price to reach $4.82 in the next twelve months. This suggests a possible upside of 109.6% 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 2023?

Altice USA's stock was trading at $4.60 at the beginning of the year. Since then, ATUS shares have decreased by 50.0% and is now trading at $2.30.
View the best growth stocks for 2023 here
.

When is Altice USA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our ATUS earnings forecast
.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) announced its earnings results on Wednesday, November, 1st. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.06. The business earned $2.32 billion during the quarter, compared to the consensus estimate of $2.29 billion. Altice USA had a negative net margin of 0.24% and a negative trailing twelve-month return on equity of 16.96%. Altice USA's revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.19 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 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.

Who are Altice USA's major shareholders?

Altice USA's stock is owned by a number of retail and institutional investors. Top institutional investors include Clarkston Capital Partners LLC (8.33%), AQR Capital Management LLC (2.88%), Loomis Sayles & Co. L P (1.71%), Thompson Siegel & Walmsley LLC (1.42%), Massachusetts Financial Services Co. MA (1.19%) and Raymond James & Associates (1.07%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:ATUS) was last updated on 12/2/2023 by MarketBeat.com Staff

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