Altice USA (ATUS) Stock Price, News & Analysis

$1.86
-0.10 (-4.85%)
(As of 10:57 AM ET)
Today's Range
$1.85
$1.93
50-Day Range
$1.83
$3.00
52-Week Range
$1.75
$3.82
Volume
193,022 shs
Average Volume
4.00 million shs
Market Capitalization
$850.66 million
P/E Ratio
15.54
Dividend Yield
N/A
Price Target
$2.68

Altice USA MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.70 Rating Score
Upside/​Downside
39.8% Upside
$2.68 Price Target
Short Interest
Bearish
11.74% of Float 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 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-57.89%
From $0.19 to $0.08 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.

4.11 out of 5 stars

Computer And Technology Sector

153rd out of 586 stocks

Cable & Other Pay Television Services Industry

6th 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. In addition, it provides voice over Internet protocol telephone services; and mobile services, such as data, talk, and text. Further, 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. Additionally, it provides hosted private branch exchange, network security, and international calling and toll-free numbers services. Furthermore, the company offers audience-based and multiscreen advertising solutions; data analytics; and news programming 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. Altice USA, Inc. was incorporated in 2015 and is headquartered in Long Island City, New York.

ATUS Stock Price History

ATUS Stock News Headlines

World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Loop Capital Markets Reaffirms Their Hold Rating on Altice Usa (ATUS)
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Altice USA cut at Wells Fargo - skeptical on M&A
Barclays Reaffirms Their Hold Rating on Altice Usa (ATUS)
ANET Mar 2024 262.500 put
The Top 7 Telecom Stocks to Buy in March 2024
ATUS Sep 2024 1.500 put
ATUS Apr 2024 2.000 put
Optimum Selects Publicis O1 As Agency of Record
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/02/2024
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
$2.68
High Stock Price Target
$5.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+39.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.70
Research Coverage
10 Analysts

Profitability

Net Income
$53.20 million
Pretax Margin
1.28%

Debt

Sales & Book Value

Annual Sales
$9.24 billion
Cash Flow
$3.83 per share
Book Value
($0.95) per share

Miscellaneous

Free Float
211,638,000
Market Cap
$873.47 million
Optionable
Optionable
Beta
1.35
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Key Executives


ATUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Altice USA stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 5 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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?

10 analysts have issued twelve-month price targets for Altice USA's stock. Their ATUS share price targets range from $1.00 to $5.00. On average, they predict the company's stock price to reach $2.68 in the next twelve months. This suggests a possible upside of 39.8% 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 start of the year. Since then, ATUS stock has decreased by 41.1% and is now trading at $1.9150.
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 Thursday, May 2nd 2024.
View our ATUS earnings forecast
.

How can I listen to Altice USA's earnings call?

Altice USA will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) posted its earnings results on Wednesday, February, 14th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.33. The firm earned $2.30 billion during the quarter, compared to analysts' expectations 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%. The company's quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.43) EPS.

What ETFs hold Altice USA's stock?
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?

Altice USA (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.

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 Assenagon Asset Management S.A. (0.99%), Raymond James & Associates (0.84%) and Alaska Permanent Fund Corp (0.06%). 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 4/25/2024 by MarketBeat.com Staff

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