NYSE:ATUS Altice USA - ATUS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Altice USA, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $3.09 -0.17 (-5.21%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$3.08▼$3.3350-Day Range$3.09▼$5.3852-Week Range$3.08▼$13.17Volume3.24 million shsAverage Volume4.10 million shsMarket Capitalization$1.41 billionP/E Ratio7.36Dividend YieldN/APrice Target$8.96 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Altice USA MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside189.9% Upside$8.96 Price TargetShort InterestBearish16.46% of Float Sold ShortDividend StrengthN/ASustainability-0.58Upright™ Environmental ScoreNews Sentiment0.77Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth50.00%From $0.18 to $0.27 Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector131st out of 604 stocksCable & Other Pay Television Services Industry7th out of 22 stocks 3.1 Analyst's Opinion Consensus RatingAltice USA has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 4 buy ratings, 10 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.96, Altice USA has a forecasted upside of 189.9% from its current price of $3.09.Amount of Analyst CoverageAltice USA has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted16.46% of the float of Altice USA has been sold short.Short Interest Ratio / Days to CoverAltice USA has a short interest ratio ("days to cover") of 7.1.Change versus previous monthShort interest in Altice USA has recently increased by 3.01%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAltice USA does not currently pay a dividend.Dividend GrowthAltice USA does not have a long track record of dividend growth. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAltice USA has received a 44.15% net impact score from Upright. Altice USA seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Knowledge infrastructure". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Creation of educational television programs", "Production of entertainment videos", and "Fiber optics internet provision" products. See details.Environmental SustainabilityThe Environmental Impact score for Altice USA is -0.58. Previous Next 3.2 News and Social Media Coverage News SentimentAltice USA has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Altice USA this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for ATUS on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat Follows8 people have added Altice USA to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Altice USA insiders have not sold or bought any company stock.Percentage Held by Insiders53.60% of the stock of Altice USA is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions57.41% of the stock of Altice USA is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Altice USA are expected to grow by 50.00% in the coming year, from $0.18 to $0.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altice USA is 7.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Altice USA is 7.36, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 388.13.Price to Earnings Growth RatioAltice USA has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About Altice USA (NYSE:ATUS) StockAltice 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.Read More Receive ATUS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Altice USA and its competitors with MarketBeat's FREE daily newsletter. Email Address ATUS Stock News HeadlinesMarch 23, 2023 | americanbankingnews.comAltice USA (NYSE:ATUS) Trading Up 7.1%March 22, 2023 | finance.yahoo.comThe Altice USA Board of Directors Announces the Appointment of Alexandre Fonseca as a Director and Chairman of the BoardMarch 24, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 17, 2023 | finance.yahoo.comArista Networks (ANET) Soars 5.8%: Is Further Upside Left in the Stock?March 15, 2023 | americanbankingnews.comAltice USA, Inc. Expected to Post Q2 2023 Earnings of $0.06 Per Share (NYSE:ATUS)March 14, 2023 | finance.yahoo.comLightpath Announces Enhanced National Long-Haul NetworkMarch 1, 2023 | msn.comAltice USA gains amid Comcast takeover speculationFebruary 26, 2023 | morningstar.comAltice USA Dials Back Fiber Strategy as Revenue Remains Under PressureMarch 24, 2023 | Weiss Ratings (Ad)Banking NightmareDuring and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …February 24, 2023 | finance.yahoo.comAltice USA Full Year 2022 Earnings: EPS Misses ExpectationsFebruary 23, 2023 | markets.businessinsider.comWells Fargo Sticks to Their Hold Rating for Altice Usa (ATUS)February 23, 2023 | markets.businessinsider.comAltice Usa (ATUS) Gets a Hold from Raymond JamesFebruary 23, 2023 | finance.yahoo.comAltice (ATUS) Q4 Earnings & Revenues Fall Short of EstimatesFebruary 23, 2023 | finance.yahoo.comAltice USA stock rises after earnings despite company swinging to a lossFebruary 22, 2023 | msn.comAltice USA GAAP EPS of -$0.43 misses by $0.64, revenue of $2.37B misses by $30MFebruary 22, 2023 | finance.yahoo.comAltice USA Announces New Appointments to Its Leadership Team to Sharpen Focus on Company’s Customer-Centric Strategy and Drive GrowthFebruary 22, 2023 | finance.yahoo.comAltice USA Reports Fourth Quarter and Full Year 2022 ResultsFebruary 22, 2023 | finance.yahoo.comAltice USA stock drops after earnings as company swings to a lossFebruary 22, 2023 | finance.yahoo.comAltice USA, Inc. (ATUS) Reports Q4 Loss, Lags Revenue EstimatesFebruary 21, 2023 | msn.comAltice USA Earnings PreviewFebruary 16, 2023 | finance.yahoo.comWill Top-Line Contraction Affect Altice (ATUS) Q4 Earnings?February 10, 2023 | finance.yahoo.comKnowles (KN) Q4 Earnings Surpass EstimatesFebruary 5, 2023 | finance.yahoo.comBillionaire Drahi Faces an Unfamiliar Test of Empire BuildingJanuary 30, 2023 | finance.yahoo.comNational Infrastructure Connectivity Provider Lightpath Partners with DataVerge in NYC to Support Rapid Expansion EffortsJanuary 25, 2023 | seekingalpha.comAltice USA: The Huge Debt Burden Is Why I Rate This A SellJanuary 21, 2023 | finance.yahoo.comCalculating The Fair Value Of Altice USA, Inc. (NYSE:ATUS)January 17, 2023 | finance.yahoo.com13 Best Communication Services Stocks To Invest InSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ATUS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Altice USA and its competitors with MarketBeat's FREE daily newsletter. Email Address ATUS Company Calendar Last Earnings2/22/2023Today3/23/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Cable & other pay television services Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:ATUS Previous SymbolNASDAQ:ATUS CUSIPN/A CIK1702780 Webwww.alticeusa.com Phone(516) 803-2300FaxN/AEmployees11,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.96 High Stock Price Forecast$31.00 Low Stock Price Forecast$2.00 Forecasted Upside/Downside+189.9%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$0.42 Trailing P/E Ratio7.36 Forward P/E Ratio17.17 P/E Growth1.25Net Income$194.56 million Net Margins2.02% Pretax Margin5.36% Return on Equity-51.00% Return on Assets0.74% Debt Debt-to-Equity RatioN/A Current Ratio0.64 Quick Ratio0.64 Sales & Book Value Annual Sales$9.65 billion Price / Sales0.15 Cash Flow$4.29 per share Price / Cash Flow0.72 Book Value($1.10) per share Price / Book-2.81Miscellaneous Outstanding Shares456,070,000Free Float211,616,000Market Cap$1.41 billion OptionableOptionable Beta1.37 Key ExecutivesDennis MathewChief Executive OfficerMarc SirotaChief Financial OfficerPragash PillaiEVP, Chief Technology & Information OfficerMichael E. OlsenSecretary, Executive VP & General CounselShuvankar RoyChief Customer Experience Officer & Executive VPKey CompetitorsLiberty Latin AmericaNASDAQ:LILALiberty Latin AmericaNASDAQ:LILAKMethode ElectronicsNYSE:MEICelesticaNYSE:CLSPDF SolutionsNASDAQ:PDFSView All CompetitorsInsiders & InstitutionsParallax Volatility Advisers L.P.Sold 500 shares on 2/27/2023Ownership: 0.000%Alliancebernstein L.P.Bought 6,033 shares on 2/16/2023Ownership: 0.021%Algert Global LLCBought 8,097 shares on 2/15/2023Ownership: 0.026%Public Employees Retirement System of OhioBought 2,249 shares on 2/15/2023Ownership: 0.024%Gamco Investors INC. ET ALBought 5,700 shares on 2/15/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions ATUS Stock - Frequently Asked Questions Should I buy or sell Altice USA stock right now? 15 Wall Street equities research 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 4 buy ratings for the stock. The consensus among Wall Street equities research 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? 15 brokers have issued 12-month target prices for Altice USA's stock. Their ATUS share price forecasts range from $2.00 to $31.00. On average, they expect the company's share price to reach $8.96 in the next year. This suggests a possible upside of 189.9% 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 shares have decreased by 32.8% and is now trading at $3.09. 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 Thursday, April 27th 2023. View our ATUS earnings forecast. How were Altice USA's earnings last quarter? Altice USA, Inc. (NYSE:ATUS) announced its earnings results on Wednesday, February, 22nd. The company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.65. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.40 billion. Altice USA had a net margin of 2.02% and a negative trailing twelve-month return on equity of 51.00%. Altice USA's revenue was down 6.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.56 earnings per share. What ETFs hold Altice USA's stock? ETFs with the largest weight of Altice USA (NYSE:ATUS) stock in their portfolio include iShares U.S. Telecommunications ETF (IYZ), Roundhill IO Digital Infrastructure ETF (BYTE), Direxion Work From Home ETF (WFH), Defiance Next Gen Connectivity ETF (FIVG), Invesco Russell 1000 Equal Weight ETF (EQAL), iShares Factors US Value Style ETF (STLV), Vanguard Communication Services ETF (VOX) and Fidelity MSCI Communication Services Index ETF (FCOM). 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 number of retail and institutional investors. Top institutional investors include AQR Capital Management LLC (2.65%), Marshall Wace LLP (1.74%), Morgan Stanley (1.66%), Thompson Siegel & Walmsley LLC (1.30%), Bank of Nova Scotia (1.17%) and Raymond James & Associates (1.02%). 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 $3.09. How much money does Altice USA make? Altice USA (NYSE:ATUS) has a market capitalization of $1.41 billion and generates $9.65 billion in revenue each year. The company earns $194.56 million in net income (profit) each year or $0.42 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 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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