NYSE:ATUS - Altice USA Stock Price, Forecast & News Adding Choose a 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. Log In and Add $28.72 -0.22 (-0.76 %) (As of 01/17/2020 04:00 PM ET) Add Compare Today's Range$28.60Now: $28.72▼$29.1550-Day Range$24.91MA: $27.06▼$28.9752-Week Range$18.48Now: $28.72▼$31.78Volume2.36 million shsAverage Volume4.09 million shsMarket Capitalization$18.29 billionP/E Ratio359.00Dividend YieldN/ABeta0.82 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Read More… Industry, Sector and Symbol Stock Exchange NYSE Industry Cable & other pay television services Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:ATUS Previous SymbolNASDAQ:ATUS CUSIPN/A CIK1702780 Webhttp://www.alticeusa.com/ Phone516-803-2300Debt Debt-to-Equity Ratio11.57 Current Ratio0.44 Quick Ratio0.44Price-To-Earnings Trailing P/E Ratio359.00 Forward P/E Ratio47.08 P/E GrowthN/A Sales & Book Value Annual Sales$9.57 billion Price / Sales1.91 Cash Flow$3.57 per share Price / Cash Flow8.04 Book Value$5.19 per share Price / Book5.53Profitability EPS (Most Recent Fiscal Year)$0.08 Net Income$18.83 million Net Margins3.61% Return on Equity17.04% Return on Assets1.43%Miscellaneous Employees12,185 Outstanding Shares636,831,000Market Cap$18.29 billion Next Earnings Date2/20/2020 (Estimated) OptionableOptionable Receive ATUS News and Ratings via Email Sign-up to receive the latest news and ratings for ATUS and its competitors with MarketBeat's FREE daily newsletter. ATUS Rates by TradingView 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 earnings results on Tuesday, November, 5th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.12. The business earned $2.44 billion during the quarter, compared to the consensus estimate of $2.48 billion. Altice USA had a return on equity of 17.04% and a net margin of 3.61%. The company's revenue for the quarter was up .9% on a year-over-year basis. During the same period in the prior year, the business posted $0.04 EPS. View Altice USA's Earnings History. When is Altice USA's next earnings date? Altice USA is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Altice USA. What price target have analysts set for ATUS? 17 analysts have issued twelve-month 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 $32.13 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price. View Analyst Price Targets for Altice USA. What is the consensus analysts' recommendation for Altice USA? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 raised our target ’20 market cap/’20 FCF target multiple from 11.5X to 14X which drove a $8 increase in our YE’20 target price to $40. For additional context, if ATUS were to trade to our target multiple for CHTR (BUY) would imply an ATUS target of $48, or nearly double current levels." (7/31/2019) 2. According to Zacks Investment Research, "Altice is on track with its five-year plan to build a fiber-to-the-home network and deploy its home communications hub to meet the demand for increased data speed and support evolving technologies. It has been rolling out enhanced data and services for its customers and has upgraded its Altice One entertainment and connectivity platform. It is building the next-generation fiber network to deliver broadband speed of 10 Gbps, underscoring its continual investment in technology and innovation for customers in the United States. The stock has outperformed the industry over the past year on average. However, higher programming cost per customer due to increase in contractual rates reduces the company’s operating margin. It operates in a highly competitive market against a variety of broadband, pay television and delivery system players. Altice is also susceptible to risks arising from fluctuations in foreign currency exchange rate." (4/30/2019) Has Altice USA been receiving favorable news coverage? News coverage about ATUS stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Altice USA earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage 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 company's share price in the next several days. View News Stories for Altice USA. Who are some of Altice USA's key competitors? 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), Shaw Communications (SJR), Viacom (VIAB), Cable One (CABO), ITV PLC/ADR (ITVPY) and Qurate Retail Inc Series B (QRTEB). 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), Fossil Group (FOSL), AMC Entertainment (AMC), Ciena (CIEN), Apollo Global Management (APO), Cypress Semiconductor (CY), First Data (FDC), Associated British Foods (ABF) and Chaarat Gold (CGH). Who are Altice USA's key executives? Altice USA's management team includes the folowing people: Mr. Dexter G. Goei, CEO & Director (Age 47)Mr. Abdelhakim Boubazine, Co-Pres & COO (Age 43)Mr. Charles Fyfe Stewart, Co-Pres, CFO & Director (Age 49)Ms. Lisa Rosenblum, Vice Chairman (Age 64)Mr. David P. Connolly, Special Advisor to CEO (Age 47) 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. Who are Altice USA's major shareholders? Altice USA's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.47%), Artemis Investment Management LLP (0.15%), Verde Servicos Internacionais S.A. (0.14%), Assenagon Asset Management S.A. (0.12%), Sciencast Management LP (0.01%) and Commerzbank Aktiengesellschaft FI (0.01%). 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. Which major investors are selling Altice USA stock? ATUS stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, IFM Investors Pty Ltd and Commerzbank Aktiengesellschaft FI. 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. Which major investors are buying Altice USA stock? ATUS stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Verde Servicos Internacionais S.A., Wedge Capital Management L L P NC, Sciencast Management LP, Eidelman Virant Capital, DNB Asset Management AS, Cerebellum GP LLC and IFP Advisors Inc. View Insider Buying and Selling for Altice USA. 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, Robinhood, Fidelity and Charles Schwab. What is Altice USA's stock price today? One share of ATUS stock can currently be purchased for approximately $28.72. How big of a company is Altice USA? Altice USA has a market capitalization of $18.29 billion and generates $9.57 billion in revenue each year. The company earns $18.83 million in net income (profit) each year or $0.08 on an earnings per share basis. Altice USA employs 12,185 workers across the globe.View Additional Information About Altice USA. What is Altice USA's official website? The official website for Altice USA is http://www.alticeusa.com/. 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 (NYSE ATUS)Community Ranking: 2.9 out of 5 ( )Outperform Votes: 419 (Vote Outperform)Underperform Votes: 307 (Vote Underperform)Total Votes: 726MarketBeat'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. This page was last updated on 1/18/2020 by MarketBeat.com StaffFeatured Article: Why Invest in Dividend Achievers?
