Lowest-Rated StocksLowest-RatedNYSE:ATUS Altice USA (ATUS) Stock Forecast, Price & News $2.63 +0.20 (+8.23%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$2.46▼$2.6950-Day Range$2.34▼$3.5252-Week Range$2.31▼$13.17Volume3.73 million shsAverage Volume3.23 million shsMarket Capitalization$1.20 billionP/E Ratio52.61Dividend YieldN/APrice Target$8.42 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Altice USA MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside220.2% Upside$8.42 Price TargetShort InterestBearish17.86% of Float Sold ShortDividend StrengthN/ASustainability-0.58Upright™ Environmental ScoreNews Sentiment1.10Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth6.90%From $0.29 to $0.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.58 out of 5 starsComputer And Technology Sector98th out of 609 stocksCable & Other Pay Television Services Industry8th out of 21 stocks 3.1 Analyst's Opinion Consensus RatingAltice USA has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 3 buy ratings, 10 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.42, Altice USA has a forecasted upside of 220.2% from its current price of $2.63.Amount of Analyst CoverageAltice USA has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted17.86% of the float of Altice USA has been sold short.Short Interest Ratio / Days to CoverAltice USA has a short interest ratio ("days to cover") of 7.7.Change versus previous monthShort interest in Altice USA has recently decreased by 1.92%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldAltice USA does not currently pay a dividend.Dividend GrowthAltice USA does not have a long track record of dividend growth. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAltice USA has received a 44.15% net impact score from Upright. Altice USA seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Knowledge infrastructure". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Creation of educational television programs", "Production of entertainment videos", and "Fiber optics internet provision" products. See details.Environmental SustainabilityThe Environmental Impact score for Altice USA is -0.58. Previous Next 2.3 News and Social Media Coverage News SentimentAltice USA has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Altice USA this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for ATUS on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Altice USA to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Altice USA insiders have not sold or bought any company stock.Percentage Held by Insiders53.60% of the stock of Altice USA is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions57.41% of the stock of Altice USA is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Altice USA are expected to grow by 6.90% in the coming year, from $0.29 to $0.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altice USA is 52.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Altice USA is 52.61, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 322.00.Price to Earnings Growth RatioAltice USA has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued. Previous Next See Top Rated MarketRank™ Stocks Here About Altice USA (NYSE:ATUS) StockAltice USA, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. Its brands include Optimum, Suddenlink, Optimum Mobile, Altice Business, News 12 Networks, Cheddar News, a4 Advertising, and i24 News. The company was founded by Patrick Drahi in 2001 and is headquartered in Long Island City, NY.Read More 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. Email Address ATUS Stock News HeadlinesJune 2, 2023 | finance.yahoo.comWhy Is Altice USA, Inc. (ATUS) Down 12.3% Since Last Earnings Report?May 17, 2023 | americanbankingnews.comAltice USA, Inc. (NYSE:ATUS) Given Average Rating of "Hold" by AnalystsJune 3, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 15, 2023 | finance.yahoo.comLIGHTPATH CONTINUES RAPID EXPANSION IN MIAMIMay 15, 2023 | seekingalpha.comCSCHLD 5.25% 2024: Liquidity Already In Place For This ~9% Yield OpportunityMay 10, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Altice USA, Inc. (NYSE:ATUS) Issued By KeyCorpMay 9, 2023 | finance.yahoo.comAltice USA to Participate in Upcoming SVB MoffettNathanson's Inaugural Technology, Media, and Telecom ConferenceMay 9, 2023 | americanbankingnews.comAltice USA, Inc. (NYSE:ATUS) Expected to Post FY2025 Earnings of $0.15 Per ShareJune 3, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 9, 2023 | americanbankingnews.comAltice USA (NYSE:ATUS) PT Raised to $4.75 at Deutsche Bank AktiengesellschaftMay 6, 2023 | americanbankingnews.comAltice USA (NYSE:ATUS) PT Lowered to $3.00May 6, 2023 | americanbankingnews.comAltice USA (NYSE:ATUS) Stock Price Down 11.8% After Analyst DowngradeMay 5, 2023 | markets.businessinsider.comCitigroup Sticks to Its Buy Rating for Altice Usa (ATUS)May 5, 2023 | msn.comCitigroup Maintains Altice USA Inc - (ATUS) Buy RecommendationMay 5, 2023 | msn.comPivotal Research Maintains Altice USA Inc - (ATUS) Hold RecommendationMay 5, 2023 | msn.comLoop Capital Maintains Altice USA Inc - (ATUS) Hold RecommendationMay 4, 2023 | finance.yahoo.comAltice USA Elevates Michael Olsen to General Counsel and Chief Corporate Responsibility OfficerMay 4, 2023 | finance.yahoo.comAltice's (ATUS) Q1 Earnings Beat Estimates, Revenues FalterMay 4, 2023 | markets.businessinsider.comRaymond James Keeps Their Hold Rating on Altice Usa (ATUS)May 4, 2023 | finance.yahoo.comQ1 2023 Altice USA Inc Earnings CallMay 4, 2023 | markets.businessinsider.comAltice Usa (ATUS) Gets a Hold from Goldman SachsMay 3, 2023 | finance.yahoo.comAltice USA, Inc. (ATUS) Q1 Earnings Surpass EstimatesMay 3, 2023 | msn.comRecap: Altice USA Q1 EarningsMay 3, 2023 | msn.comAltice USA sees broad revenue declines, sheds more customersMay 3, 2023 | finance.yahoo.comAltice USA Reports First Quarter 2023 ResultsMay 2, 2023 | finance.yahoo.comViav Solutions (VIAV) Misses Q3 Earnings EstimatesMay 2, 2023 | americanbankingnews.comShort Interest in Altice USA, Inc. (NYSE:ATUS) Rises By 6.0%See More Headlines ATUS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ATUS Company Calendar Last Earnings5/03/2023Today6/03/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Cable & other pay television services Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:ATUS Previous SymbolNASDAQ:ATUS CUSIPN/A CIK1702780 Webwww.alticeusa.com Phone(516) 803-2300FaxN/AEmployees11,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.42 High Stock Price Forecast$31.00 Low Stock Price Forecast$2.00 Forecasted Upside/Downside+220.2%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$0.05 Trailing P/E Ratio52.61 Forward P/E Ratio9.07 P/E Growth0.57Net Income$194.56 million Net Margins0.25% Pretax Margin3.08% Return on Equity-16.96% Return on Assets0.23% Debt Debt-to-Equity RatioN/A Current Ratio0.32 Quick Ratio0.32 Sales & Book Value Annual Sales$9.65 billion Price / Sales0.12 Cash Flow$4.87 per share Price / Cash Flow0.54 Book Value($1.11) per share Price / Book-2.37Miscellaneous Outstanding Shares454,680,000Free Float210,974,000Market Cap$1.20 billion OptionableOptionable Beta1.37 Key ExecutivesDennis MathewChief Executive OfficerMarc SirotaChief Financial OfficerPragash PillaiEVP, Chief Technology & Information OfficerShuvankar RoyChief Customer Experience Officer & Executive VPLeroy J. WilliamsChief Growth Officer & Executive Vice PresidentKey CompetitorsLiberty Latin AmericaNASDAQ:LILAKLiberty Latin AmericaNASDAQ:LILATuyaNYSE:TUYAInfineraNASDAQ:INFNKingsoft CloudNASDAQ:KCView All CompetitorsInsiders & InstitutionsPutnam Investments LLCSold 211,169 shares on 5/22/2023Ownership: 0.103%New York State Common Retirement FundSold 131,097 shares on 5/18/2023Ownership: 0.046%SkyView Investment Advisors LLCBought 91,436 shares on 5/18/2023Ownership: 0.020%AM Squared LtdBought 5,600 shares on 5/17/2023Ownership: 0.014%Advisory Services Network LLCSold 8,122 shares on 5/17/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions ATUS Stock - Frequently Asked Questions Should I buy or sell Altice USA stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 1 sell rating, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 14 analysts have issued 12 month price objectives for Altice USA's stock. Their ATUS share price forecasts range from $2.00 to $31.00. On average, they anticipate the company's share price to reach $8.42 in the next year. This suggests a possible upside of 220.2% 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 2023. Since then, ATUS shares have decreased by 42.8% and is now trading at $2.63. 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, August 2nd 2023. View our ATUS earnings forecast. How were Altice USA's earnings last quarter? Altice USA, Inc. (NYSE:ATUS) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. The company earned $2.29 billion during the quarter, compared to the consensus estimate of $2.32 billion. Altice USA had a net margin of 0.25% and a negative trailing twelve-month return on equity of 16.96%. The firm's revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.43 EPS. What ETFs hold Altice USA's stock? ETFs with the largest weight of Altice USA (NYSE:ATUS) stock in their portfolio include iShares U.S. Telecommunications ETF (IYZ), Roundhill IO Digital Infrastructure ETF (BYTE), Direxion Work From Home ETF (WFH), Invesco Russell 1000 Equal Weight ETF (EQAL), Defiance Next Gen Connectivity ETF (FIVG), iShares Factors US Value Style ETF (STLV), Vanguard Communication Services ETF (VOX) and Fidelity MSCI Communication Services Index ETF (FCOM). 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 acted as the underwriters for the IPO and Scotiabank, SOCIETE GENERALE and TD Securities were co-managers. What is Altice USA's stock symbol? Altice USA trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATUS." Who are Altice USA's major shareholders? Altice USA's stock is owned by a variety of retail and institutional investors. Top institutional investors include AQR Capital Management LLC (3.55%), BlackRock Inc. (2.52%), Bank of America Corp DE (2.21%), Thompson Siegel & Walmsley LLC (1.58%), Raymond James & Associates (1.34%) and FMR LLC (1.24%). Insiders that own company stock include Abdelhakim Boubazine, Alt SARL Next, Charles Stewart, Colleen Schmidt, 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. What is Altice USA's stock price today? One share of ATUS stock can currently be purchased for approximately $2.63. How much money does Altice USA make? Altice USA (NYSE:ATUS) has a market capitalization of $1.20 billion and generates $9.65 billion in revenue each year. The company earns $194.56 million in net income (profit) each year or $0.05 on an earnings per share basis. How many employees does Altice USA have? The company employs 11,000 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 official website for the company is www.alticeusa.com. The company can be reached via phone at (516) 803-2300 or via email at nick.brown@alticeusa.com. This page (NYSE:ATUS) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Altice USA, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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