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

$23.37
+0.02 (+0.09 %)
(As of 06/24/2019 04:00 PM ET)
Today's Range
$23.23
Now: $23.37
$23.63
50-Day Range
$23.31
MA: $24.18
$24.96
52-Week Range
$14.49
Now: $23.37
$25.15
Volume3.52 million shs
Average Volume4.99 million shs
Market Capitalization$15.78 billion
P/E Ratio292.13
Dividend YieldN/A
Beta1.02
Altice 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. Read More…

Industry, Sector and Symbol

Industry Cable & other pay television services
Sub-IndustryN/A
SectorComputer and Technology
Previous SymbolNASDAQ:ATUS
CUSIPN/A
Phone516-803-2300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.57 billion
Cash Flow$3.5625 per share
Book Value$5.19 per share

Profitability

Net Income$18.83 million

Miscellaneous

Employees12,185
Market Cap$15.78 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

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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 were Altice USA's earnings last quarter?

Altice USA Inc (NYSE:ATUS) announced its earnings results on Thursday, May, 2nd. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.08. The business had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.40 billion. Altice USA had a return on equity of 8.16% and a net margin of 1.27%. Altice USA's quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the company earned ($0.17) earnings per share. 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, August 1st 2019. View Earnings Estimates for Altice USA.

What price target have analysts set for ATUS?

11 Wall Street analysts have issued twelve-month price objectives for Altice USA's stock. Their predictions range from $23.00 to $32.00. On average, they anticipate Altice USA's share price to reach $27.00 in the next year. This suggests a possible upside of 15.5% from the stock's current price. View Analyst Price Targets for Altice USA.

What is the consensus analysts' recommendation for Altice USA?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altice USA.

Has Altice USA been receiving favorable news coverage?

Media coverage about ATUS stock has been trending somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Altice USA earned a coverage optimism score of 1.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the company's share price in the near future. View News Stories for Altice USA.

Are investors shorting Altice USA?

Altice USA saw a decline in short interest in May. As of May 15th, there was short interest totalling 14,246,000 shares, a decline of 39.3% from the April 15th total of 23,484,900 shares. Based on an average daily trading volume, of 4,500,000 shares, the short-interest ratio is presently 3.2 days. Approximately 11.6% of the company's shares are sold short. View Altice USA's Current Options Chain.

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 Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), First Data (FDC), Ciena (CIEN), Associated British Foods (ABF), Chaarat Gold (CGH), Cypress Semiconductor (CY) and Apollo Global Management (APO).

Who are Altice USA's key executives?

Altice USA's management team includes the folowing people:
  • Mr. Dexter G. Goei, CEO & Director (Age 47)
  • Mr. Abdelhakim Boubazine, Co-Pres & COO (Age 43)
  • Mr. Charles Fyfe Stewart, Co-Pres, CFO & Director (Age 49)
  • Ms. Lisa Rosenblum, Vice Chairman (Age 64)
  • Mr. David P. Connolly, Special Advisor to CEO (Age 47)

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.

Who are Altice USA's major shareholders?

Altice USA's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (1.67%), JPMorgan Chase & Co. (1.35%), Reaves W H & Co. Inc. (0.89%), Neuberger Berman Group LLC (0.71%), TimesSquare Capital Management LLC (0.52%) and Wedge Capital Management L L P NC (0.46%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Bc European Capital Ix Ltd, Colleen Schmidt, David Connolly, Dennis Okhuijsen, Lisa Rosenblum, Mark Mullen, SARL Suddenvision and Victoria Mink. 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 Lucerne Capital Management LP, Pictet Asset Management Ltd., JPMorgan Chase & Co., Coronation Fund Managers Ltd., Lancaster Investment Management LLP, Wedge Capital Management L L P NC, Quantitative Systematic Strategies LLC and Oppenheimer & Co. Inc.. Company insiders that have sold Altice USA company stock in the last year include Colleen Schmidt, David Connolly, Dennis Okhuijsen, SARL Suddenvision and Victoria Mink. View Insider Buying and Selling for Altice USA.

Which major investors are buying Altice USA stock?

ATUS stock was acquired by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, FMR LLC, Miura Global Management LLC, Sumitomo Mitsui Trust Holdings Inc., Swiss National Bank, Marshall Wace North America L.P., Marshall Wace LLP and Deltec Asset Management LLC. 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 $23.37.

How big of a company is Altice USA?

Altice USA has a market capitalization of $15.78 billion and generates $9.57 billion in revenue each year. The company earns $18.83 million in net income (profit) each year or $0.08 on an earnings per share basis. Altice USA employs 12,185 workers across the globe.View Additional Information About Altice USA.

What is Altice USA's official website?

The official website for Altice USA is http://www.alticeusa.com/.

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:  3.0 out of 5 (star star star)
Outperform Votes:  332 (Thanks for Voting!)
Underperform Votes:  227 (Thanks for Voting!)
Total Votes:  559
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 6/24/2019 by MarketBeat.com Staff

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