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. $5.10 -0.28 (-5.20%) (As of 02/3/2023 05:18 PM ET) Add Compare Share Share Today's Range$5.08▼$5.3050-Day Range$3.79▼$5.3852-Week Range$3.68▼$15.36Volume2.55 million shsAverage Volume3.34 million shsMarket Capitalization$2.32 billionP/E Ratio3.62Dividend YieldN/APrice Target$10.85 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Altice USA MarketRank™ ForecastAnalyst RatingHold2.23 Rating ScoreUpside/Downside112.3% Upside$10.85 Price TargetShort InterestBearish16.85% of Float Sold ShortDividend StrengthN/ASustainability-0.58Upright™ Environmental ScoreNews Sentiment0.88Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-36.27%From $1.02 to $0.65 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.2.47 out of 5 starsComputer And Technology Sector110th out of 610 stocksCable & Other Pay Television Services Industry11th out of 20 stocks 3.1 Analyst's Opinion Consensus RatingAltice USA has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 6 buy ratings, 15 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.85, Altice USA has a forecasted upside of 112.3% from its current price of $5.11.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 Shorted16.85% 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 5.6.Change versus previous monthShort interest in Altice USA has recently increased by 50.74%, indicating that investor sentiment is decreasing significantly. 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 3.3 News and Social Media Coverage News SentimentAltice USA has a news sentiment score of 0.88. 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 0.43 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 Interest14 people have searched for ATUS on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Altice USA to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Altice USA are expected to decrease by -36.27% in the coming year, from $1.02 to $0.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altice USA is 3.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Altice USA is 3.62, 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 366.65.Price to Earnings Growth RatioAltice USA has a PEG Ratio of 0.54. PEG Ratios below 1 indicate that a company could be undervalued. 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 HeadlinesJanuary 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 SellFebruary 3, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 25, 2023 | americanbankingnews.comAltice USA (NYSE:ATUS) Rating Lowered to Hold at TD SecuritiesJanuary 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 InJanuary 10, 2023 | msn.comGoldman Sachs Downgrades Altice USA: Here's What You Need To KnowJanuary 4, 2023 | finance.yahoo.comIs Altice USA, Inc. (NYSE:ATUS) Potentially Undervalued?February 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 8, 2022 | reuters.comATUS.EIDecember 1, 2022 | msn.comAltice to keep Suddenlink business after strategic reviewDecember 1, 2022 | finance.yahoo.comAltice USA Concludes Its Review of Strategic Alternatives for Suddenlink BusinessDecember 1, 2022 | marketwatch.comAltice USA Keeping Suddenlink Business >ATUSDecember 1, 2022 | finance.yahoo.comAltice stock drops after Suddenlink strategic review concludes, as company decides to keep the businessNovember 29, 2022 | finance.yahoo.comLightpath Announces Addition of Inge Smidts, John Ghirardelli, and Nick Brown to its Board of ManagersNovember 19, 2022 | finance.yahoo.comEarnings are growing at Altice USA (NYSE:ATUS) but shareholders still don't like its prospectsNovember 16, 2022 | finance.yahoo.comLightpath Announces GRESB Score of 96 and 5-Star RatingNovember 13, 2022 | seekingalpha.comAltice USA: 17% Bounce In Two Days Despite Weak Q3 ResultsNovember 4, 2022 | finance.yahoo.comAltice Falls Most Ever in Latest Sign of Cable Industry WoesNovember 3, 2022 | 247wallst.comAhead of October Nonfarm Payrolls, Analysts Upgrade or Downgrade Altice USA, Fisker and MoreNovember 3, 2022 | seekingalpha.comAltice stock hits record low as broadband subscriber losses, higher opex drag earningsNovember 3, 2022 | finance.yahoo.comAltice stock slammed after earnings suggest ‘the path forward is painful’November 2, 2022 | seekingalpha.comAltice USA, Inc. (ATUS) Q3 2022 Earnings Call TranscriptNovember 2, 2022 | finance.yahoo.comAltice USA, Inc. (ATUS) Lags Q3 Earnings and Revenue EstimatesNovember 2, 2022 | finance.yahoo.comLIGHTPATH ENTERS THE MIAMI CONNECTIVITY MARKET WITH 135-MILE ALL-FIBER NETWORK THROUGHOUT REGIONNovember 2, 2022 | finance.yahoo.comInsiders in Altice USA, Inc. (NYSE:ATUS) are down 59% on their US$1.6m purchase despite recent gainsNovember 2, 2022 | finance.yahoo.comAltice USA Reports Third Quarter 2022 ResultsSee 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 Earnings11/04/2021Today2/03/2023Next Earnings (Confirmed)2/22/2023Fiscal 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/AEmployees9,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.85 High Stock Price Forecast$31.00 Low Stock Price Forecast$3.50 Forecasted Upside/Downside+112.7%Consensus RatingHold Rating Score (0-4)2.23 Research Coverage22 Analysts Profitability EPS (Most Recent Fiscal Year)$1.41 Trailing P/E Ratio3.62 Forward P/E Ratio5.00 P/E Growth0.54Net Income$990.31 million Net Margins6.52% Pretax Margin8.60% Return on Equity-119.88% Return on Assets2.09% Debt Debt-to-Equity RatioN/A Current Ratio0.63 Quick Ratio0.63 Sales & Book Value Annual Sales$10.09 billion Price / Sales0.23 Cash Flow$6.30 per share Price / Cash Flow0.81 Book Value($1.92) per share Price / Book-2.66Miscellaneous Outstanding Shares454,670,000Free Float210,966,000Market Cap$2.32 billion OptionableOptionable Beta1.37 Key ExecutivesDennis MathewChief Executive OfficerMichael J. GrauChief Financial Officer & Executive Vice PresidentPragash PillaiEVP, Chief Technology & Information OfficerMichael E. OlsenSecretary, Executive VP & General CounselMatthew GroverExecutive Vice President-Business ServicesKey CompetitorsLiberty Latin AmericaNASDAQ:LILALiberty Latin AmericaNASDAQ:LILAKExtreme NetworksNASDAQ:EXTRNetScout SystemsNASDAQ:NTCTProgress SoftwareNASDAQ:PRGSView All CompetitorsInsiders & InstitutionsSG Americas Securities LLCSold 221,987 shares on 2/2/2023Ownership: 0.009%Bank of Montreal CanSold 637,131 shares on 2/1/2023Ownership: 0.066%Balentine LLCBought 78,383 shares on 1/31/2023Ownership: 0.020%New York State Common Retirement FundBought 145,599 shares on 1/30/2023Ownership: 0.074%Exchange Traded Concepts LLCBought 7,555 shares on 1/27/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions ATUS Stock - Frequently Asked Questions Should I buy or sell Altice USA stock right now? 22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 1 sell rating, 15 hold ratings and 6 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? 22 analysts have issued 12-month price targets for Altice USA's stock. Their ATUS share price forecasts range from $3.50 to $31.00. On average, they anticipate the company's share price to reach $10.85 in the next twelve months. This suggests a possible upside of 106.6% 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 stock has increased by 14.1% and is now trading at $5.25. View the best growth stocks for 2023 here. Are investors shorting Altice USA? Altice USA saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 34,490,000 shares, an increase of 50.7% from the December 31st total of 22,880,000 shares. Based on an average trading volume of 6,170,000 shares, the short-interest ratio is currently 5.6 days. Approximately 16.9% of the company's stock are sold short. View Altice USA's Short Interest. When is Altice USA's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our ATUS earnings forecast. How can I listen to Altice USA's earnings call? Altice USA will be holding an earnings conference call on Wednesday, February 22nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were Altice USA's earnings last quarter? Altice USA, Inc. (NYSE:ATUS) released its quarterly earnings results on Thursday, November, 4th. The company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.06. The firm had revenue of $2.57 billion for the quarter, compared to analysts' expectations of $2.50 billion. Altice USA had a negative trailing twelve-month return on equity of 119.88% and a net margin of 6.52%. The firm's revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 earnings per share. 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 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 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 institutional and retail investors. Top institutional shareholders include National Bank of Canada FI (0.18%), Assenagon Asset Management S.A. (0.17%), New York State Common Retirement Fund (0.07%), Bank of Montreal Can (0.07%), Allspring Global Investments Holdings LLC (0.05%) and Balentine LLC (0.02%). 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 $5.25. How much money does Altice USA make? Altice USA (NYSE:ATUS) has a market capitalization of $2.39 billion and generates $10.09 billion in revenue each year. The company earns $990.31 million in net income (profit) each year or $1.41 on an earnings per share basis. How many employees does Altice USA have? The company employs 9,000 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 2/3/2023 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. 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