NYSE:ATUS

Altice USA Stock Forecast, Price & News

$33.72
+0.12 (+0.36 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$33.26
$33.92
50-Day Range
$32.61
$37.83
52-Week Range
$21.97
$38.30
Volume5.12 million shs
Average Volume4.04 million shs
Market Capitalization$15.50 billion
P/E Ratio24.79
Dividend YieldN/A
Beta1.11
30 days | 90 days | 365 days | Advanced Chart
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Altice USA logo

About Altice USA

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 approximately 5 million 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 VoIP 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 managed 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 network construction and maintenance services and commercial and residential installations, disconnections, and maintenance services. The company provides communications and video services under Optimum and Suddenlink brand names. The company was incorporated in 2015 and is headquartered in Long Island City, New York. Altice USA, Inc. is a subsidiary of Next Alt. S.a.r.l.

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MarketRank

Overall MarketRank

2.06 out of 5 stars

Computer And Technology Sector

81st out of 1,582 stocks

Cable & Other Pay Television Services Industry

4th out of 34 stocks

Analyst Opinion: 3.3Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Altice USA (NYSE:ATUS) Frequently Asked Questions

Is Altice USA a buy right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last twelve months. There are currently 2 sell ratings, 6 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Altice USA stock.
View analyst ratings for Altice USA
or view top-rated stocks.

What stocks does MarketBeat like better than Altice USA?

Wall Street analysts have given Altice USA a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Altice USA wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Altice USA's next earnings date?

Altice USA is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Altice USA
.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) issued its earnings results on Tuesday, April, 27th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.27. The company earned $2.48 billion during the quarter, compared to analysts' expectations of $2.49 billion. Altice USA had a negative trailing twelve-month return on equity of 528.76% and a net margin of 7.17%. The company's revenue was up 1.2% on a year-over-year basis.
View Altice USA's earnings history
.

How has Altice USA's stock price been impacted by COVID-19?

Altice USA's stock was trading at $22.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ATUS stock has increased by 48.6% and is now trading at $33.72.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for ATUS?

18 brokerages have issued 12 month target prices for Altice USA's shares. Their forecasts range from $33.00 to $46.00. On average, they anticipate Altice USA's share price to reach $38.44 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price.
View analysts' price targets for Altice USA
or view top-rated stocks among Wall Street analysts.

Who are Altice USA's key executives?

Altice USA's management team includes the following people:
  • Mr. Dexter G. Goei, CEO & Director (Age 49, Pay $4.39M)
  • Mr. Michael J. Grau, Exec. VP & CFO (Age 55, Pay $917.99k)
  • Mr. Abdelhakim Boubazine, Pres of Telecommunications & COO (Age 45, Pay $1.78M)
  • Mr. Michael E. Olsen, Exec. VP, Gen. Counsel & Sec. (Age 56, Pay $917.64k)
  • Ms. Colleen Schmidt, Exec. VP of HR (Age 52, Pay $811.02k)
  • Mr. Charles Fyfe Stewart, Special Advisor & Director (Age 51)
  • Mr. Layth Taki, Chief Accounting Officer, Sr. VP & Controller (Age 46)
  • Mr. Nick Brown, Exec. VP of Corp. Fin. & Devel.
  • Mr. Philippe Le May, Chief Technology Officer (Age 53)
  • Mr. Keith Sherwell, Chief Information Officer & Sr. VP

Who are some of Altice USA's key competitors?

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.

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (2.86%), Pelham Capital Ltd. (1.71%), Zimmer Partners LP (1.55%), UBS Asset Management Americas Inc. (1.46%), FIL Ltd (1.05%) and Senator Investment Group LP (1.02%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Alt SARL Next, Charles Stewart, Colleen Schmidt, Gerrit Jan Bakker, Michael Grau and Michael Olsen.
View institutional ownership trends for Altice USA
.

Which major investors are selling Altice USA stock?

ATUS stock was sold by a variety of institutional investors in the last quarter, including SRS Investment Management LLC, Verition Fund Management LLC, Weiss Multi Strategy Advisers LLC, DAVENPORT & Co LLC, BlackRock Inc., Morgan Stanley, Artemis Investment Management LLP, and Wedge Capital Management L L P NC. Company insiders that have sold Altice USA company stock in the last year include Abdelhakim Boubazine, Alt SARL Next, Charles Stewart, Colleen Schmidt, Michael Grau, and Michael Olsen.
View insider buying and selling activity for Altice USA
or view top insider-selling stocks.

Which major investors are buying Altice USA stock?

ATUS stock was purchased by a variety of institutional investors in the last quarter, including 40 North Management LLC, UBS Asset Management Americas Inc., Arrowstreet Capital Limited Partnership, Pelham Capital Ltd., Citigroup Inc., Squarepoint Ops LLC, MUFG Securities EMEA plc, and JPMorgan Chase & Co..
View insider buying and selling activity for Altice USA
or or view top insider-buying stocks.

How do I buy shares of 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 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 $33.72.

How much money does Altice USA make?

Altice USA has a market capitalization of $15.50 billion and generates $9.89 billion in revenue each year. The company earns $436.18 million in net income (profit) each year or $1.10 on an earnings per share basis.

How many employees does Altice USA have?

Altice USA employs 8,900 workers across the globe.

What is Altice USA's official website?

The official website for Altice USA is www.alticeusa.com.

Where are Altice USA's headquarters?

Altice USA is headquartered at 1 Court Square West, Long Island City NY, 11101.

How can I contact Altice USA?

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]


This page was last updated on 6/20/2021 by MarketBeat.com Staff
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