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S&P 500   4,282.37
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MarketBeat Week in Review – 5/29 - 6/2
Biden To Unleash "Choke Point" Operation On America? (Ad)
Attorney says West Virginia governor refusing to pay judgment in coal lawsuit
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Biden To Unleash "Choke Point" Operation On America? (Ad)
Attorney says West Virginia governor refusing to pay judgment in coal lawsuit
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Biden To Unleash "Choke Point" Operation On America? (Ad)
Attorney says West Virginia governor refusing to pay judgment in coal lawsuit
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Twitter executive responsible for content safety resigns after Elon Musk criticism

Altice USA (ATUS) Stock Forecast, Price & News

$2.63
+0.20 (+8.23%)
(As of 06/2/2023 ET)
Compare
Today's Range
$2.46
$2.69
50-Day Range
$2.34
$3.52
52-Week Range
$2.31
$13.17
Volume
3.73 million shs
Average Volume
3.23 million shs
Market Capitalization
$1.20 billion
P/E Ratio
52.61
Dividend Yield
N/A
Price Target
$8.42

Altice USA MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
220.2% 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
1.10mentions of Altice USA in the last 14 days
Based on 4 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.

2.58 out of 5 stars

Computer And Technology Sector

98th out of 609 stocks

Cable & Other Pay Television Services Industry

8th out of 21 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

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.
LIGHTPATH CONTINUES RAPID EXPANSION IN MIAMI
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.
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

ATUS Price History

ATUS Company Calendar

Last Earnings
5/03/2023
Today
6/03/2023
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
+220.2%
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
$4.87 per share
Book Value
($1.11) per share

Miscellaneous

Free Float
210,974,000
Market Cap
$1.20 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 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 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

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