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S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NYSE:ATUS

Altice USA Stock Forecast, Price & News

$15.69
-0.31 (-1.94%)
(As of 01/14/2022 12:00 AM ET)
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Today's Range
$15.37
$15.86
50-Day Range
$14.65
$18.38
52-Week Range
$14.33
$38.19
Volume
4.88 million shs
Average Volume
4.04 million shs
Market Capitalization
$7.13 billion
P/E Ratio
7.16
Dividend Yield
N/A
Beta
1.04
30 days | 90 days | 365 days | Advanced Chart
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Altice USA logo

About Altice USA

Altice USA, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. Its brands include Optimum, Suddenlink, Lightpath, AMS, News 12 Networks, and News 12 Varsity. The firm operates through the Cablevision and Cequel business operations. The company was founded by Patrick Drahi in 2001 and is headquartered in Long Island City, NY.

Headlines

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Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Previous Symbol
NASDAQ:ATUS
Fax
N/A
Employees
8,900
Year Founded
N/A

Sales & Book Value

Annual Sales
$9.89 billion
Cash Flow
$5.90 per share
Book Value
($2.53) per share

Profitability

Net Income
$436.18 million
Pretax Margin
13.82%

Debt

Price-To-Earnings

Miscellaneous

Free Float
213,233,000
Market Cap
$7.13 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
1/17/2022
Next Earnings (Estimated)
2/09/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.13 out of 5 stars

Computer And Technology Sector

14th out of 897 stocks

Cable & Other Pay Television Services Industry

2nd out of 25 stocks

Analyst Opinion: 4.2Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 2.5 5 -4 -3 -2 -1 -












Altice USA (NYSE:ATUS) Frequently Asked Questions

Is Altice USA a buy right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 2 sell ratings, 10 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Altice USA stock. 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 analyst ratings for Altice USA
or view top-rated stocks.

How has Altice USA's stock been impacted by Coronavirus (COVID-19)?

Altice USA's stock was trading at $22.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ATUS shares have decreased by 30.9% and is now trading at $15.69.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Altice USA?

Altice USA saw a drop in short interest in November. As of November 30th, there was short interest totaling 34,850,000 shares, a drop of 27.3% from the November 15th total of 47,920,000 shares. Based on an average daily trading volume, of 7,840,000 shares, the short-interest ratio is currently 4.4 days. Approximately 16.8% of the shares of the company are sold short.
View Altice USA's Short Interest
.

When is Altice USA's next earnings date?

Altice USA is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for Altice USA
.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) issued its earnings results on Thursday, November, 4th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.06. The business earned $2.57 billion during the quarter, compared to analyst estimates of $2.50 billion. Altice USA had a negative trailing twelve-month return on equity of 87.53% and a net margin of 10.58%. The business's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.34 EPS.
View Altice USA's earnings history
.

What price target have analysts set for ATUS?

21 equities research analysts have issued 12 month price targets for Altice USA's shares. Their forecasts range from $17.00 to $38.00. On average, they expect Altice USA's share price to reach $25.90 in the next twelve months. This suggests a possible upside of 65.1% from the stock's current price.
View analysts' price targets for Altice USA
or view top-rated stocks among Wall Street analysts.

Who are Altice USA's key executives?

Altice USA's management team includes the following people:
  • Dexter G. Goei, Chief Executive Officer & Director
  • Michael J. Grau, Chief Financial Officer & Executive Vice President (LinkedIn Profile)
  • Philippe Le May, Chief Technology Officer
  • Michael E. Olsen, Secretary, Executive VP & General Counsel (LinkedIn Profile)
  • Matthew Lake, Chief Marketing Officer & Executive Vice President

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 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.

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 number of retail and institutional investors. Top institutional shareholders include Clear Street LLC (0.22%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.00%), Integrated Investment Consultants LLC (0.00%), Spire Wealth Management (0.00%) and Exchange Traded Concepts LLC (0.00%). Company insiders that own Altice USA 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 for Altice USA
.

Which institutional investors are selling Altice USA stock?

ATUS stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, IFP Advisors Inc, and DNB Asset Management AS. Company insiders that have sold Altice USA company stock in the last year include Alt SARL Next, Charles Stewart, Michael Grau, and Michael Olsen.
View insider buying and selling activity for Altice USA
or view top insider-selling stocks.

Which institutional investors are buying Altice USA stock?

ATUS stock was purchased by a variety of institutional investors in the last quarter, including Clear Street LLC, Spire Wealth Management, Integrated Investment Consultants LLC, Exchange Traded Concepts LLC, and FNY Investment Advisers LLC. Company insiders that have bought Altice USA stock in the last two years include Gerrit Jan Bakker, and Susan C Schnabel.
View insider buying and selling activity for Altice USA
or or view top insider-buying stocks.

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 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 $15.69.

How much money does Altice USA make?

Altice USA has a market capitalization of $7.13 billion and generates $9.89 billion in revenue each year. The company earns $436.18 million in net income (profit) each year or $2.19 on an earnings per share basis.

How many employees does Altice USA have?

Altice USA employs 8,900 workers across the globe.

What is Altice USA's official website?

The official website for Altice USA is www.alticeusa.com.

Where are Altice USA's headquarters?

Altice USA is headquartered at 1 Court Square West, Long Island City NY, 11101.

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].


This page was last updated on 1/17/2022 by MarketBeat.com Staff

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