NYSE:ATUS - Altice USA Stock Price, Price Target & More

$19.59 +0.13 (+0.67 %)

(As of 04/26/2018 11:19 AM ET)

Previous Close$19.46

Today's Range$19.34 - $19.73

52-Week Range$17.58 - $35.29

Volume240,763 shs

Average Volume1.92 million shs

Market Capitalization$14.24 billion

P/E Ratio973.00

Dividend YieldN/A

BetaN/A

About Altice USA (NYSE:ATUS)

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. The company also offers wireless routers and Internet security software; and pay television services, which include delivery of broadcast stations and cable networks, and advanced digital pay television services, such as video-on-demand, high-definition channels, digital video recorder, and pay-per-view. In addition, it provides Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony, managed Wi-Fi, managed desktop and server backup services; managed collaboration services, including audio and Web conferencing; managed services, including business e-mail, hosted private branch exchange, Web space storage, and network security monitoring; data-driven television, digital, and other multi-platform advertising services; and data-driven and audience-based advertising solutions. Further, the company operates local news channels, as well as traffic and weather channels; News12.com, a destination for local news on the Web; and News 12 To Go, a mobile app for phones and tablets. Altice USA, Inc. is headquartered in Long Island City, New York. Altice USA, Inc. is a subsidiary of Altice N.V.

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Industry, Sector and Symbol

Industry Cable & other pay television services

Sub-IndustryN/A

SectorComputer and Technology

SymbolNYSE:ATUS

CUSIPN/A

Webwww.alticeusa.com

Phone516-803-2300

Debt

Debt-to-Equity Ratio3.88%

Current Ratio0.34%

Quick Ratio0.34%

Price-To-Earnings

Trailing P/E Ratio973.00

Forward P/E Ratio-93.29

P/E GrowthN/A

Sales & Book Value

Annual Sales$9.33 billion

Price / Sales1.55

Cash Flow$4.0983 per share

Price / Cash4.78

Book Value$7.46 per share

Price / Book2.63

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees9,414

Outstanding Shares737,070,000

How to Become a New Pot Stock Millionaire

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) issued its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of $0.00 by $0.09. The firm earned $2.37 billion during the quarter, compared to analyst estimates of $2.36 billion. View Altice USA's Earnings History.

What price target have analysts set for ATUS?

20 brokerages have issued 1-year target prices for Altice USA's shares. Their forecasts range from $19.91 to $44.00. On average, they expect Altice USA's share price to reach $29.4953 in the next twelve months. View Analyst Ratings for Altice USA.

What are Wall Street analysts saying about Altice USA stock?

Here are some recent quotes from research analysts about Altice USA stock:

1. Pivotal Research analysts commented, "We updated our estimates and initiated 2018 quarterly forecasts post the recent filing of ATUS’s 10-K. There is no change to our YE’18 target price of $28. We view the stock as attractively valued (at 11X ’18 free cash flow and 8.7X ’19 (ATC is not a full tax payer), however as expected the stock has traded sideways as of late partly driven by issues that should begin to clear up post the spin from parent Altice NV (ATC.NV, Buy)." (3/9/2018)
2. According to Zacks Investment Research, "Shares of Altice USA have soared 7% outperforming the industry’s gain of 4% in the past three months. Ushering in further good news, the company reported better-than-expected earnings and revenues in fourth-quarter 2017. Growth was witnessed across all major segments. The company continues to deploy fiber network in various international markets and ink different content and programming-related deals. It’s efforts to improve customer services, sales and marketing efficiencies through digitalization have paid-off with the increasing number of customers. However, Altice USA’s operation in a highly competitive, consumer and technology-driven market, which is highly dependent on rapidly changing businesses and consumer choices, remains a concern. Further, higher programming costs and other operating expenses are likely to affect margins going forward. Adverse foreign currency movements are also likely to hurt results." (3/8/2018)

Are investors shorting Altice USA?

Altice USA saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 25,108,617 shares, an increase of 14.9% from the March 15th total of 21,846,303 shares. Based on an average daily trading volume, of 1,996,351 shares, the days-to-cover ratio is currently 12.6 days. Approximately 21.3% of the shares of the company are sold short.

Who are some of Altice USA's key competitors?

Some companies that are related to Altice USA include Liberty Global (LBTYA), Liberty Global (LBTYK), Liberty Global (LBTYB), Rogers Communications (RCI), Dish Network (DISH), Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), Viacom (VIAB), Liberty Interactive QVC Group (QRTEB), Shaw Communications (SJR), Discovery (DISCA), Discovery Communications (DISCK), ITV (ITVPY), Cable One (CABO) and Liberty Latin America (LILA).

Who are Altice USA's key executives?

Altice USA's management team includes the folowing people:

Mr. Dexter G. Goei, Chairman & CEO (Age 46)
Mr. Abdelhakim Boubazine, Co-Pres & COO (Age 42)
Mr. Charles Fyfe Stewart, Co-Pres & CFO (Age 48)
Mr. David P. Connolly, Exec. VP, Gen. Counsel & Sec. (Age 46)
Ms. Lisa Rosenblum, Vice Chairman (Age 63)

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 $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.

Has Altice USA been receiving favorable news coverage?

Press coverage about ATUS stock has trended somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Altice USA earned a coverage optimism score of 0.11 on Accern's scale. They also gave news headlines about the company an impact score of 47.48 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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 $19.60.

How big of a company is Altice USA?

Altice USA has a market capitalization of $14.24 billion and generates $9.33 billion in revenue each year. The company earns $1.52 billion in net income (profit) each year or $0.02 on an earnings per share basis. Altice USA employs 9,414 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 company can be reached via phone at 516-803-2300 or via email at [email protected]

MarketBeat Community Rating for Altice USA (ATUS)

Community Ranking:		3.0 out of 5 ( )
Outperform Votes:		110 (Vote Outperform)
Underperform Votes:		74 (Vote Underperform)
Total Votes:		184

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.

Altice USA (NYSE:ATUS) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

20 Wall Street analysts have issued ratings and price targets for Altice USA in the last 12 months. Their average twelve-month price target is $29.4953, suggesting that the stock has a possible upside of 50.56%. The high price target for ATUS is $44.00 and the low price target for ATUS is $19.91. There are currently 4 hold ratings and 16 buy ratings for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Hold
Consensus Rating Score:	2.80	2.76	2.73	2.46
Ratings Breakdown:	0 Sell Rating(s) 4 Hold Rating(s) 16 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 4 Hold Rating(s) 13 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 4 Hold Rating(s) 11 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 7 Hold Rating(s) 6 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$29.4953	$30.4944	$32.2143	$35.3077
Price Target Upside:	50.56% upside	69.41% upside	47.10% upside	31.99% upside

Altice USA (NYSE:ATUS) Consensus Price Target History

Price Target History for Altice USA (NYSE:ATUS)

Altice USA (NYSE:ATUS) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/11/2018	Evercore ISI	Initiated Coverage	Outperform -> Outperform	$24.00	High
4/9/2018	TD Securities	Initiated Coverage	Buy	$25.00	Low
4/3/2018	Macquarie	Initiated Coverage	Outperform -> Outperform	$23.50	Medium
3/26/2018	Cowen	Initiated Coverage	Buy	$25.00	Low
3/20/2018	Buckingham Research	Initiated Coverage	Buy	$30.00	Medium
3/14/2018	Goldman Sachs	Initiated Coverage	Buy		Low
3/9/2018	Pivotal Research	Reiterated Rating	Buy	$28.00	Low
3/6/2018	JPMorgan Chase	Lower Price Target	Overweight -> Overweight	$34.00 -> $32.00	Low
3/6/2018	Royal Bank of Canada	Reiterated Rating	Outperform	$31.00 -> $35.00	Low
1/23/2018	Barclays	Upgrade	Equal Weight -> Overweight	$22.00 -> $26.00	Low
12/13/2017	Societe Generale	Initiated Coverage	Buy -> Buy		Low
11/14/2017	Morgan Stanley	Lower Price Target	Equal Weight	$32.00 -> $25.00	N/A
11/10/2017	Moffett Nathanson	Upgrade	Neutral -> Buy		N/A
11/6/2017	Deutsche Bank	Reiterated Rating	Buy	$35.00	N/A
11/6/2017	Wells Fargo	Reiterated Rating	Market Perform	$34.00 -> $25.00	N/A
10/31/2017	Atlantic Securities	Initiated Coverage	Overweight -> Overweight	$32.00	N/A
9/15/2017	Guggenheim	Reiterated Rating	Buy -> Neutral	$31.00	High
7/18/2017	BNP Paribas	Initiated Coverage	Outperform -> Outperform	$36.00	Low
7/17/2017	Citigroup	Initiated Coverage	Buy	$44.00	Low
7/17/2017	Bank of America	Initiated Coverage	Neutral	$36.00	Low

(Data available from 4/26/2016 forward)

Altice USA (NYSE:ATUS) Earnings History and Estimates Chart

Earnings by Quarter for Altice USA (NYSE:ATUS)

Altice USA (NYSE:ATUS) Earnings Estimates

Current Year EPS Consensus Estimate: $-0.21 EPS
Next Year EPS Consensus Estimate: $0.12 EPS

Altice USA (NYSE ATUS) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
2/27/2018	Q4 2017	$0.0040	($0.0860)	$2.3552 billion	$2.3654 billion	View	Listen
11/2/2017	Q3 2017	($0.01)	($0.08)	$2.3260 billion	$2.3272 billion	View	N/A
7/27/2017	Q2 2017	($0.10)	($0.17)	$2.3191 billion	$2.3283 billion	View	N/A

(Earnings results data provided by Zacks Investment Research)

Altice USA (NYSE:ATUS) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Altice USA (NYSE ATUS) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 16.07%

Insider Trading History for Altice USA (NYSE:ATUS)

Institutional Ownership by Quarter for Altice USA (NYSE:ATUS)

Altice USA (NYSE ATUS) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/27/2017	Abdelhakim Boubazine	Insider	Buy	65,000	$30.00	$1,950,000.00	937,544
6/27/2017	Bc European Capital Ix Ltd	Major Shareholder	Sell	36,197,360	$29.01	$1,050,085,413.60
6/27/2017	Lisa Rosenblum	Vice Chairman	Buy	3,000	$30.00	$90,000.00	18,751
6/27/2017	Mark Mullen	Director	Buy	5,000	$30.00	$150,000.00	5,000
6/27/2017	Victoria Mink	SVP	Buy	1,000	$30.00	$30,000.00	37,502

(Data available from 1/1/2013 forward)

Altice USA (NYSE ATUS) News Headlines

Source:

Date	Headline
	Altice USA Inc (ATUS) Expected to Post Quarterly Sales of $2.35 Billion www.americanbankingnews.com - April 26 at 2:18 AM
	Altice USA Inc (ATUS) Expected to Announce Earnings of -$0.13 Per Share www.americanbankingnews.com - April 24 at 5:10 PM
	Robbins Arroyo LLP is Investigating the Officers and Directors of Altice USA, Inc. (ATUS) finance.yahoo.com - April 20 at 10:14 AM
	Investors Buy Large Volume of Altice USA Put Options (ATUS) www.americanbankingnews.com - April 19 at 8:00 AM
	Altice USA (ATUS) Receives New Coverage from Analysts at Guggenheim www.americanbankingnews.com - April 18 at 9:10 PM
	Altice USA Inc (ATUS) Receives Consensus Recommendation of "Buy" from Brokerages www.americanbankingnews.com - April 18 at 5:41 AM
	Altice USA (ATUS) Coverage Initiated at Goldman Sachs www.americanbankingnews.com - April 17 at 11:58 PM
	JPMorgan Chase Initiates Coverage on Altice USA (ATUS) www.americanbankingnews.com - April 17 at 11:58 PM
	Barclays Initiates Coverage on Altice USA (ATUS) www.americanbankingnews.com - April 17 at 11:58 PM
	Bank of America Begins Coverage on Altice USA (ATUS) www.americanbankingnews.com - April 17 at 11:58 PM
	Citigroup Initiates Coverage on Altice USA (ATUS) www.americanbankingnews.com - April 17 at 11:29 PM
	Altice USA (ATUS) Earns Outperform Rating from Analysts at BNP Paribas www.americanbankingnews.com - April 17 at 5:54 PM
	Netflix shares hit record as more subscribers sign up finance.yahoo.com - April 17 at 4:18 PM
	Altice USA Inc (ATUS) Short Interest Update www.americanbankingnews.com - April 16 at 2:00 AM
	NeuLion (NEUL) and Altice USA (ATUS) Head to Head Comparison www.americanbankingnews.com - April 15 at 11:15 AM
	The Shuman Law Firm Investigates Altice USA, Inc. finance.yahoo.com - April 11 at 4:02 PM
	Altice USA (ATUS) Research Coverage Started at Evercore ISI www.americanbankingnews.com - April 11 at 9:04 AM
	Altice USA (ATUS) Coverage Initiated by Analysts at TD Securities www.americanbankingnews.com - April 9 at 11:02 AM
	Altice Poised for Solid Growth With Core Focus, Risks Remain www.zacks.com - April 9 at 10:17 AM
	Zacks: Brokerages Anticipate Altice USA Inc (ATUS) Will Announce Quarterly Sales of $2.35 Billion www.americanbankingnews.com - April 9 at 2:02 AM
	Brokerages Anticipate Altice USA Inc (ATUS) Will Announce Earnings of -$0.06 Per Share www.americanbankingnews.com - April 7 at 7:10 PM
	Altice Publishes Convocation and Documents for AGM www.businesswire.com - April 7 at 5:36 PM
	Altice Launches a4 for Simplified Multiscreen Advertising www.zacks.com - April 6 at 10:42 AM
	Altice USA Unveils a4 to Deliver Simplified Multiscreen Advertising and Data Solutions Nationwide www.businesswire.com - April 5 at 4:02 PM
	Altice USA launches advanced ad/data business seekingalpha.com - April 5 at 4:02 PM
	Altice USA Unveils a4 to Deliver Simplified Multiscreen Advertising and Data Solutions Nationwide finance.yahoo.com - April 5 at 4:01 PM
	Altice USA (ATUS) Now Covered by Macquarie www.americanbankingnews.com - April 3 at 11:00 AM
	Wells Fargo Reiterates "Market Perform" Rating for Altice USA (ATUS) www.americanbankingnews.com - April 1 at 8:06 PM
	Altice USA (ATUS) Lifted to "Buy" at Goldman Sachs www.americanbankingnews.com - April 1 at 4:48 PM
	Altice USA's (ATUS) Buy Rating Reiterated at Pivotal Research www.americanbankingnews.com - March 29 at 9:36 PM
	Why Is Altice USA (ATUS) Down 3% Since its Last Earnings Report? finance.yahoo.com - March 29 at 10:27 AM
	Altice USA Target of Unusually High Options Trading (ATUS) www.americanbankingnews.com - March 28 at 6:44 AM
	Altice USA (ATUS) Lifted to "Overweight" at Barclays www.americanbankingnews.com - March 26 at 8:46 PM
	Cowen Initiates Coverage on Altice USA (ATUS) www.americanbankingnews.com - March 26 at 5:24 PM
	Cequel Communications Holdings I, LLC -- Moody's assigns Caa1 to $1.05 billion of Senior Unsecured Notes issued by Cequel finance.yahoo.com - March 26 at 10:35 AM
	Altice USA Inc (ATUS) Receives Average Rating of "Buy" from Analysts www.americanbankingnews.com - March 24 at 6:56 AM
	Cequel Communications Holdings I, LLC and Cequel Capital Corporation Announce Pricing of Senior Notes - Business Wire (press release) www.businesswire.com - March 23 at 3:52 PM
	Altice USA (ATUS) Stock Declines 28% in 6 Months: Here's Why www.zacks.com - March 23 at 9:54 AM
	Altice USA (ATUS) Stock Declines 28% in 6 Months: Here's Why finance.yahoo.com - March 22 at 3:56 PM
	US Telecom: Intra-Industry Competition a Major Concern - Nasdaq www.nasdaq.com - March 22 at 10:14 AM
	Buckingham Research Begins Coverage on Altice USA (ATUS) www.americanbankingnews.com - March 20 at 12:10 PM
	Altice USA Target of Unusually Large Options Trading (ATUS) www.americanbankingnews.com - March 20 at 6:40 AM
	Altice USA (ATUS) Rating Increased to Conviction-Buy at Goldman Sachs www.americanbankingnews.com - March 18 at 11:19 AM
	Altice USA (ATUS) vs. Directview (DIRV) Financial Survey www.americanbankingnews.com - March 17 at 8:34 AM
	Airgain (AIRG) & Altice USA (ATUS) Head to Head Review www.americanbankingnews.com - March 17 at 5:20 AM
	Altice USA Inc (ATUS) Short Interest Up 17.0% in February www.americanbankingnews.com - March 15 at 2:41 AM
	Goldman Sachs Group Initiates Coverage on Altice USA (ATUS) www.americanbankingnews.com - March 14 at 4:45 PM
	Pre-Open Movers 03/13: (PTI) (ATHX) (ATUS) Higher; (ADXS) (DKS) (QCOM) Lower (more...) www.streetinsider.com - March 13 at 5:48 PM
	Altice USA added to Goldman Sachs conviction list, shares gain 5% finance.yahoo.com - March 13 at 10:34 AM
	Altice USA (ATUS) Rating Reiterated by Pivotal Research www.americanbankingnews.com - March 9 at 9:04 PM

Altice USA (NYSE:ATUS) SEC Filings

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Altice USA (NYSE ATUS) Stock Chart for Thursday, April, 26, 2018

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This page was last updated on 4/26/2018 by MarketBeat.com Staff