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

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

Altice USA Inc (NYSE:ATUS) released its earnings results on Wednesday, February, 12th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.10. The company earned $2.48 billion during the quarter, compared to analysts' expectations of $2.51 billion. Altice USA had a net margin of 1.42% and a return on equity of 12.98%. The company's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter last year, the business posted $0.30 earnings per share. View Altice USA's Earnings History.

Altice USA is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Altice USA.

18 equities research analysts have issued 1-year price targets for Altice USA's stock. Their forecasts range from $8.00 to $42.00. On average, they anticipate Altice USA's stock price to reach $32.76 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. View Analyst Price Targets for Altice USA.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 5 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altice USA.

Media stories about ATUS stock have trended extremely negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Altice USA earned a media sentiment score of -4.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Altice USA.

Altice USA saw a decrease in short interest in January. As of January 31st, there was short interest totalling 18,550,000 shares, a decrease of 10.2% from the January 15th total of 20,660,000 shares. Based on an average daily trading volume, of 5,020,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 5.1% of the shares of the company are sold short. View Altice USA's Current Options Chain.

Some companies that are related to Altice USA include Rogers Communications (RCI), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), DISH Network (DISH), Discovery Communications (DISCA), Discovery Inc Series C (DISCK), Roku (ROKU), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Cable One (CABO), Viacom (VIAB), Shaw Communications (SJR), ITV PLC/ADR (ITVPY) and Qurate Retail Inc Series B (QRTEB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Altice USA investors own include AMC Entertainment (AMC), Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), Ciena (CIEN), Comcast (CMCSA), Apollo Global Management (APO), AT&T (T), Cypress Semiconductor (CY) and DISH Network (DISH).

(ATUS) raised $1.4 billion in an initial public offering on Thursday, June 22nd 2017. The company issued 46,600,000 shares at a price of $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.

Altice USA's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Soroban Capital Partners LP (4.08%), Capital Research Global Investors (2.06%), Boston Partners (1.52%), Renaissance Technologies LLC (1.40%), FMR LLC (1.38%) and Pelham Capital Ltd. (1.35%). Company insiders that own Altice USA stock include Alt SARL Next, Colleen Schmidt, David Connolly, Dennis Okhuijsen, Gerrit Jan Bakker, Lisa Rosenblum, Michael Olsen, SARL Suddenvision and Victoria Mink. View Institutional Ownership Trends for Altice USA.

ATUS stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Lucerne Capital Management LP, Samlyn Capital LLC, Coronation Fund Managers Ltd., Alliancebernstein L.P., State Street Corp, Renaissance Technologies LLC and Mackay Shields LLC. Company insiders that have sold Altice USA company stock in the last year include Alt SARL Next, Colleen Schmidt, Dennis Okhuijsen, Gerrit Jan Bakker, Michael Olsen and SARL Suddenvision. View Insider Buying and Selling for Altice USA.

ATUS stock was purchased by a variety of institutional investors in the last quarter, including Soroban Capital Partners LP, Honeycomb Asset Management LP, Marshall Wace North America L.P., Marshall Wace LLP, Pelham Capital Ltd., Assenagon Asset Management S.A., Verde Servicos Internacionais S.A. and Soros Capital Management LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ATUS stock can currently be purchased for approximately $29.12.

Altice USA has a market capitalization of $18.54 billion and generates $9.76 billion in revenue each year. The company earns $138.94 million in net income (profit) each year or $0.50 on an earnings per share basis. Altice USA employs 12,185 workers across the globe.View Additional Information About Altice USA.

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

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]