NYSE:ATUSAltice USA Stock Price, Forecast & News

Altice USA's stock was trading at $22.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ATUS stock has increased by 3.7% and is now trading at $23.52. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 6 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Altice USA.

Altice USA is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Altice USA.

Altice USA Inc (NYSE:ATUS) issued its quarterly earnings data on Thursday, April, 30th. The company reported $0.10 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.11 by $0.01. The business earned $2.45 billion during the quarter, compared to analyst estimates of $2.46 billion. Altice USA had a return on equity of 10.81% and a net margin of 1.66%. The firm's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.04) EPS. View Altice USA's earnings history.

21 brokers have issued 1 year price targets for Altice USA's shares. Their forecasts range from $8.00 to $42.00. On average, they anticipate Altice USA's share price to reach $31.58 in the next year. This suggests a possible upside of 34.3% from the stock's current price. View analysts' price targets for Altice USA.

Media coverage about ATUS stock has trended very negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Altice USA earned a news impact score of -3.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Altice USA.

Altice USA saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 31,340,000 shares, a decline of 9.1% from the June 15th total of 34,490,000 shares. Based on an average daily trading volume, of 6,280,000 shares, the days-to-cover ratio is presently 5.0 days. Approximately 9.0% 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 Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Rogers Communications (RCI), Roku (ROKU), DISH Network (DISH), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Discovery Communications (DISCA), Cable One (CABO), Viacom (VIAB), Discovery Inc Series C (DISCK), Shaw Communications (SJR), Qurate Retail Inc Series B (QRTEB) and ITV PLC/ADR (ITVPY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Altice USA investors own include AMC Entertainment (AMC), Intelsat (I), Bank of America (BAC), 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 (IPO) 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATUS."

Altice USA's stock is owned by many different retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.52%), Envestnet Asset Management Inc. (0.01%), DNB Asset Management AS (0.01%) and Livforsakringsbolaget Skandia Omsesidigt (0.00%). Company insiders that own Altice USA stock include Alt SARL Next, Colleen Schmidt, David Connolly, Dennis Okhuijsen, Gerrit Jan Bakker, 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 Envestnet Asset Management Inc.. Company insiders that have sold Altice USA company stock in the last year include Alt SARL Next, Gerrit Jan Bakker, and Michael Olsen. View insider buying and selling activity for Altice USA.

ATUS stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, DNB Asset Management AS, and Livforsakringsbolaget Skandia Omsesidigt. View insider buying and selling activity 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 $23.52.

Altice USA has a market capitalization of $13.96 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 10,700 workers across the globe.

The official website for Altice USA is 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]