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NYSE:ATUS - Altice USA Stock Price, News, & Analysis

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$17.96 +0.46 (+2.63 %)
(As of 08/20/2018 02:19 PM ET)
Previous Close$17.51
Today's Range$17.41 - $17.96
52-Week Range$16.25 - $31.31
Volume135,148 shs
Average Volume3.74 million shs
Market Capitalization$12.77 billion
P/E Ratio875.50
Dividend YieldN/A
Beta0.48
Altice USA logoAltice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States. The company operates in two segments, Cablevision and Cequel. It delivers broadband, pay television, telephony services, Wi-Fi hotspot access, proprietary content, and advertising services to approximately 4.9 million residential and business customers. The company also offers wireless routers and Internet security software; and pay television services, which include delivery of broadcast stations and cable networks, and advanced digital pay television services, such as video-on-demand, high-definition channels, digital video recorder, and pay-per-view. In addition, it provides Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony, managed Wi-Fi, managed desktop and server backup services; managed collaboration services, including audio and Web conferencing; managed services, including business e-mail, hosted private branch exchange, Web space storage, and network security monitoring; data-driven television, digital, and other multi-platform advertising services; and data-driven and audience-based advertising solutions. Further, the company operates local news channels, as well as traffic and weather channels; News12.com, a destination for local news on the Web; and News 12 To Go, a mobile app for phones and tablets. Altice USA, Inc. is headquartered in Long Island City, New York. Altice Europe N.V. was previously known as Altice USA, Inc. As a result of its separation from Altice N.V., Altice Europe N.V. changed its name. Altice Europe N.V. operates independently of Altice N.V. as of June 8, 2018.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Cable & other pay television services
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:ATUS
CUSIPN/A
Webwww.alticeusa.com
Phone516-803-2300

Debt

Debt-to-Equity Ratio5.65
Current Ratio0.32
Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio875.50
Forward P/E Ratio-112.25
P/E GrowthN/A

Sales & Book Value

Annual Sales$9.33 billion
Price / Sales1.42
Cash Flow$4.1865 per share
Price / Cash4.29
Book Value$7.46 per share
Price / Book2.41

Profitability

EPS (Most Recent Fiscal Year)$0.02
Net Income$1.52 billion
Net Margins19.65%
Return on Equity-5.44%
Return on Assets-0.70%

Miscellaneous

Employees9,414
Outstanding Shares737,070,000
Market Cap$12.77 billion

Altice USA (NYSE:ATUS) Frequently Asked Questions

What is Altice USA's stock symbol?

Altice USA trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATUS."

How often does Altice USA pay dividends? What is the dividend yield for Altice USA?

Altice USA announced a dividend on Tuesday, May 15th. Investors of record on Tuesday, May 22nd will be paid a dividend of $2.035 per share on Wednesday, June 6th. The ex-dividend date is Thursday, June 7th. View Altice USA's Dividend History.

How were Altice USA's earnings last quarter?

Altice USA Inc (NYSE:ATUS) released its quarterly earnings data on Thursday, August, 2nd. The company reported ($0.13) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.08. The firm had revenue of $2.36 billion for the quarter, compared to analysts' expectations of $2.37 billion. Altice USA had a negative return on equity of 5.44% and a net margin of 19.65%. Altice USA's revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.73) EPS. View Altice USA's Earnings History.

When is Altice USA's next earnings date?

Altice USA is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Altice USA.

What price target have analysts set for ATUS?

20 brokers have issued 1 year target prices for Altice USA's shares. Their forecasts range from $19.91 to $35.29. On average, they anticipate Altice USA's stock price to reach $26.1947 in the next twelve months. This suggests a possible upside of 46.8% from the stock's current price. View Analyst Price Targets for Altice USA.

What is the consensus analysts' recommendation for Altice USA?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 2 hold ratings, 17 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altice USA.

What are Wall Street analysts saying about Altice USA stock?

Here are some recent quotes from research analysts about Altice USA stock:
  • 1. According to Zacks Investment Research, "Altice has underperformed the industry in the last three months on an average. Stiff competition from established players in the market and high programing costs remain perennial problems for the company. Moreover, consumers’ selection of an alternate source of service due to economic constraints, technological advances or preference can curb demand for the company’s services. In addition, Altice remains susceptible to risks associated with fluctuations in foreign currency exchange rates with increased presence across the globe. Earnings estimate of the company for the current year have decreased over the past month, signifying negative investor perception. However, Altice remains on track with its five-year plan to build a FTTH network and deploy its new home communications hub to capitalize on associated revenue-growth opportunities." (5/1/2018)
  • 2. Pivotal Research analysts commented, "We updated our estimates and initiated 2018 quarterly forecasts post the recent filing of ATUS’s 10-K. There is no change to our YE’18 target price of $28. We view the stock as attractively valued (at 11X ’18 free cash flow and 8.7X ’19 (ATC is not a full tax payer), however as expected the stock has traded sideways as of late partly driven by issues that should begin to clear up post the spin from parent Altice NV (ATC.NV, Buy)." (3/9/2018)

Are investors shorting Altice USA?

Altice USA saw a decrease in short interest in July. As of July 13th, there was short interest totalling 12,133,702 shares, a decrease of 34.0% from the June 29th total of 18,388,555 shares. Based on an average daily volume of 5,867,473 shares, the short-interest ratio is presently 2.1 days. Currently, 3.5% of the company's stock are sold short. View Altice USA's Current Options Chain.

Who are some of Altice USA's key competitors?

Who are Altice USA's key executives?

Altice USA's management team includes the folowing people:
  • Mr. Dexter G. Goei, CEO & Director (Age 46)
  • Mr. Abdelhakim Boubazine, Co-Pres & COO (Age 42)
  • Mr. Charles Fyfe Stewart, Co-Pres, CFO & Director (Age 48)
  • Mr. David P. Connolly, Exec. VP, Gen. Counsel & Sec. (Age 46)
  • Ms. Lisa Rosenblum, Vice Chairman (Age 63)

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 acted as the underwriters for the IPO and Scotiabank, SOCIETE GENERALE and TD Securities were co-managers.

Has Altice USA been receiving favorable news coverage?

News coverage about ATUS stock has trended somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Altice USA earned a news and rumor sentiment score of 0.17 on Accern's scale. They also assigned media stories about the company an impact score of 48.88 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Altice USA.

Who are Altice USA's major shareholders?

Altice USA's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Canada Pension Plan Investment Board (5.74%), Scopia Capital Management LP (1.37%), Lucerne Capital Management LP (1.05%), Massachusetts Financial Services Co. MA (1.02%), Pelham Capital Ltd. (0.94%) and BlackRock Inc. (0.86%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Bc European Capital Ix Ltd, Lisa Rosenblum, Mark Mullen and Victoria Mink. View Institutional Ownership Trends for Altice USA.

Which institutional investors are selling Altice USA stock?

ATUS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Massachusetts Financial Services Co. MA, Cubist Systematic Strategies LLC, Gabelli Funds LLC, Pendal Group Ltd and Verde Servicos Internacionais S.A.. View Insider Buying and Selling for Altice USA.

Which institutional investors are buying Altice USA stock?

ATUS stock was bought by a variety of institutional investors in the last quarter, including Scopia Capital Management LP, Pelham Capital Ltd., Morgan Stanley, Wedge Capital Management L L P NC, Hunt Lane Capital LP, Millennium Management LLC, Point72 Asset Management L.P. and Bank of America Corp DE. Company insiders that have bought Altice USA stock in the last two years include Abdelhakim Boubazine, Lisa Rosenblum, Mark Mullen and Victoria Mink. View Insider Buying and Selling for Altice USA.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Altice USA's stock price today?

One share of ATUS stock can currently be purchased for approximately $17.84.

How big of a company is Altice USA?

Altice USA has a market capitalization of $12.77 billion and generates $9.33 billion in revenue each year. The company earns $1.52 billion in net income (profit) each year or $0.02 on an earnings per share basis. Altice USA employs 9,414 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 company can be reached via phone at 516-803-2300 or via email at [email protected]


MarketBeat Community Rating for Altice USA (NYSE ATUS)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  191 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  300
MarketBeat's community ratings are surveys of what our community members think about Altice USA and other stocks. Vote "Outperform" if you believe ATUS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATUS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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