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The Graphite Shortage Story You're Not Being Told (Ad)
Arista Networks Soars As Investors Spot Opportunity After Selloff
Krystal Clear: Krystal Biotech Clears Resistance in Good Volume
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Did SOFI Technologies Deserve a Price Target Cut to $2.50?
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Workday: Another AI Winner Melting-Up 
The Graphite Shortage Story You're Not Being Told (Ad)
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Stock market today: US futures mostly higher ahead of debt ceiling vote, oil falls again
The Graphite Shortage Story You're Not Being Told (Ad)
Arista Networks Soars As Investors Spot Opportunity After Selloff
Krystal Clear: Krystal Biotech Clears Resistance in Good Volume
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Did SOFI Technologies Deserve a Price Target Cut to $2.50?
New "Mined in America" Lithium Opportunities? (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
Workday: Another AI Winner Melting-Up 
The Graphite Shortage Story You're Not Being Told (Ad)
Taiwan Semiconductor Well Positioned for the AI Rush
Stock market today: US futures mostly higher ahead of debt ceiling vote, oil falls again
The Graphite Shortage Story You're Not Being Told (Ad)
Arista Networks Soars As Investors Spot Opportunity After Selloff
Krystal Clear: Krystal Biotech Clears Resistance in Good Volume

Altice USA (ATUS) Stock Forecast, Price & News

$2.50
+0.16 (+6.84%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$2.32
$2.50
50-Day Range
$2.34
$3.52
52-Week Range
$2.31
$13.17
Volume
4.05 million shs
Average Volume
4.23 million shs
Market Capitalization
$1.14 billion
P/E Ratio
50.01
Dividend Yield
N/A
Price Target
$8.42

Altice USA MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
236.8% Upside
$8.42 Price Target
Short Interest
Bearish
17.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
1.76mentions of Altice USA in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.90%
From $0.29 to $0.31 Per Share

Overall MarketRank

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

2.62 out of 5 stars

Computer And Technology Sector

106th out of 618 stocks

Cable & Other Pay Television Services Industry

7th out of 22 stocks


ATUS stock logo

About Altice USA (NYSE:ATUS) Stock

Altice 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.

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ATUS Stock News Headlines

LIGHTPATH CONTINUES RAPID EXPANSION IN MIAMI
New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
Altice USA (NYSE:ATUS) PT Lowered to $3.00
Citigroup Sticks to Its Buy Rating for Altice Usa (ATUS)
Raymond James Keeps Their Hold Rating on Altice Usa (ATUS)
Q1 2023 Altice USA Inc Earnings Call
Altice Usa (ATUS) Gets a Hold from Goldman Sachs
Recap: Altice USA Q1 Earnings
Altice USA Reports First Quarter 2023 Results
See More Headlines
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ATUS Company Calendar

Last Earnings
5/03/2023
Today
5/30/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

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 Forecast
$8.42
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
+236.8%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
14 Analysts

Profitability

Net Income
$194.56 million
Pretax Margin
3.08%

Debt

Sales & Book Value

Annual Sales
$9.65 billion
Cash Flow
$4.46 per share
Book Value
($1.10) per share

Miscellaneous

Free Float
210,974,000
Market Cap
$1.14 billion
Optionable
Optionable
Beta
1.37

Key Executives

  • Dennis Mathew
    Chief Executive Officer
  • Marc Sirota
    Chief Financial Officer
  • Pragash Pillai
    EVP, Chief Technology & Information Officer
  • Shuvankar Roy
    Chief Customer Experience Officer & Executive VP
  • Leroy J. Williams
    Chief Growth Officer & Executive Vice President













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 twelve months. 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 brokers have issued 1 year price targets for Altice USA's shares. Their ATUS share price forecasts range from $2.00 to $31.00. On average, they expect the company's share price to reach $8.42 in the next year. This suggests a possible upside of 236.8% 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 2023?

Altice USA's stock was trading at $4.60 at the start of the year. Since then, ATUS stock has decreased by 45.7% and is now trading at $2.50.
View the best growth stocks for 2023 here
.

Are investors shorting Altice USA?

Altice USA saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 35,870,000 shares, an increase of 6.0% from the March 31st total of 33,850,000 shares. Based on an average daily volume of 4,130,000 shares, the short-interest ratio is currently 8.7 days. Approximately 17.5% of the company's stock are short sold.
View Altice USA's Short Interest
.

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 earnings results on Wednesday, May, 3rd. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates 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 business's quarterly revenue was down 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.43 EPS.

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 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 served 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 shareholders 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 $2.50.

How much money does Altice USA make?

Altice USA (NYSE:ATUS) has a market capitalization of $1.14 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 5/30/2023 by MarketBeat.com Staff

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