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

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

Altice USA Inc (NYSE:ATUS) released its quarterly earnings results on Wednesday, May, 9th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by $0.05. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.34 billion. Altice USA had a negative return on equity of 6.78% and a net margin of 15.69%. The firm's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.12) EPS. View Altice USA's Earnings History.

21 brokers have issued twelve-month target prices for Altice USA's stock. Their forecasts range from $19.91 to $36.00. On average, they anticipate Altice USA's stock price to reach $28.5850 in the next year. View Analyst Ratings for Altice USA.

Altice USA saw a increase in short interest in May. As of May 15th, there was short interest totalling 32,720,825 shares, an increase of 21.5% from the April 30th total of 26,931,898 shares. Based on an average daily trading volume, of 2,770,542 shares, the days-to-cover ratio is presently 11.8 days. Currently, 27.8% of the shares of the stock are short sold.

Some companies that are related to Altice USA include Rogers Communications (RCI), Liberty Global (LBTYA), Liberty Global (LBTYB), Liberty Global (LBTYK), Dish Network (DISH), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband (LBRDA), Discovery (DISCA), Discovery Communications (DISCK), Viacom (VIAB), Qurate Retail Group (QRTEB), Shaw Communications (SJR), ITV (ITVPY), Liberty Latin America (LILAK) and Liberty Latin America (LILA).

(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.

Media coverage about ATUS stock has trended somewhat positive on Saturday, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Altice USA earned a news sentiment score of 0.22 on Accern's scale. They also gave news articles about the company an impact score of 46.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Altice USA's stock is owned by a number of of retail and institutional investors. Top institutional investors include Royal Bank of Canada (1.88%), Massachusetts Financial Services Co. MA (1.06%), Lucerne Capital Management LP (1.01%), BlackRock Inc. (0.53%), Zimmer Partners LP (0.51%) and Thornburg Investment Management Inc. (0.27%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Bc European Capital Ix Ltd, Lisa Rosenblum, Mark Mullen 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, Quadrature Capital Ltd, Point72 Asset Management L.P. and UBS Group AG. View Insider Buying and Selling for Altice USA.

ATUS stock was bought by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Sylebra HK Co Ltd, Lucerne Capital Management LP, BlackRock Inc., Reaves W H & Co. Inc., Zimmer Partners LP, Millennium Management LLC and Pin Oak Investment Advisors Inc.. Company insiders that have bought Altice USA stock in the last two years include Abdelhakim Boubazine, Lisa Rosenblum, Mark Mullen and Victoria Mink. 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, Scottrade, Fidelity and Charles Schwab.

One share of ATUS stock can currently be purchased for approximately $18.48.

Altice USA has a market capitalization of $13.84 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.

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]