About Altice USA (NYSE:ATUS)
Altice USA, Inc. is engaged in providing broadband communications and video services in the United States. The Company's segments include Cablevision and Cequel. Cablevision provides broadband, pay television and telephony services to residential and business customers in and around the New York metropolitan area. Cequel provides broadband, pay television and telephony services to residential and business customers in the south-central United States. It also provides services through ten states of Texas, West Virginia, Louisiana, Arkansas, North Carolina, Oklahoma, Arizona, California, Missouri and Ohio. The Company also provides Wi-Fi hotspot access content and advertising services. Broadband provides services, such as video streaming, content downloading for time-shifted video consumption and other applications delivered over OTT platforms. Pay Television provides services through cable network. Video services delivered over DSL networks.
Industry, Sector and Symbol
Industry Integrated Telecommunications Services
SectorComputer and Technology
SymbolNYSE:ATUSPrevious Symbol: NASDAQ:ATUS
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Book Value$4.16 per share
Price / Book4.65
Return on EquityN/A
Return on AssetsN/A
Frequently Asked Questions for Altice USA (NYSE:ATUS)
What is Altice USA's stock symbol?
Altice USA trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATUS."
Where is Altice USA's stock going? Where will Altice USA's stock price be in 2017?
14 analysts have issued twelve-month target prices for Altice USA's stock. Their predictions range from $25.00 to $44.00. On average, they anticipate Altice USA's share price to reach $33.36 in the next year. View Analyst Ratings for Altice USA.
Who are some of Altice USA's key competitors?
Some companies that are related to Altice USA include BT Group plc (BT.A), Telefonica Brasil S.A. (VIV), TELUS Corporation (TU), Level 3 Communications (LVLT), Telecom Italia S.P.A. (TI), CenturyLink (CTL), Shaw Communications (SJR), KT Corporation (KT), PLDT (PHI), Telecom Argentina Stet - France Telecom S.A. (TEO), j2 Global (JCOM), Cogent Communications Holdings (CCOI), Neustar (NSR), TalkTalk Telecom Group PLC (TALK), 8x8 (EGHT), Oi SA (OIBR), ATN International (ATNI) and Cincinnati Bell (CBB).
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 $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.
Who owns Altice USA stock?
Altice USA's stock is owned by a number of of institutional and retail investors. Top institutional investors include Thornburg Investment Management Inc. (1.00%), 3G Capital Partners LP (0.56%), OxFORD Asset Management LLP (0.13%), Schwab Charles Investment Management Inc. (0.06%), JPMorgan Chase & Co. (0.03%) and Macquarie Group Ltd. (0.03%). 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.
Who sold Altice USA stock? Who is selling Altice USA stock?
Who bought Altice USA stock? Who is buying Altice USA stock?
Altice USA's stock was acquired by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Schwab Charles Investment Management Inc., Bank of New York Mellon Corp, Cubist Systematic Strategies LLC, TD Asset Management Inc., Macquarie Group Ltd., Quantbot Technologies LP and CIBC Asset Management 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.
How do I buy Altice USA stock?
Shares of Altice USA 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 Altice USA stock can currently be purchased for approximately $19.33.
How big of a company is Altice USA?
Altice USA has a market capitalization of $15.10 billion. Altice USA employs 15,300 workers across the globe.
How can I contact Altice USA?
Altice USA's mailing address is 1111 STEWART AVENUE, BETHPAGE NY, 11714. The company can be reached via phone at 516-803-2300 or via email at email@example.com.
MarketBeat Community Rating for Altice USA (ATUS)MarketBeat's community ratings are surveys of what our community members think about Altice USA and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Altice USA (NYSE:ATUS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 5 Hold Ratings, 9 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.64)|
|Consensus Price Target: ||$33.36 (72.57% upside)|
Consensus Price Target History for Altice USA (NYSE:ATUS)
Analysts' Ratings History for Altice USA (NYSE:ATUS)
(Data available from 11/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/14/2017||Morgan Stanley||Lower Price Target||Equal Weight||$32.00 -> $25.00||N/A|
|11/14/2017||Royal Bank Of Canada||Lower Price Target||Outperform -> Outperform||$40.00 -> $35.00||N/A|
|11/10/2017||Moffett Nathanson||Upgrade||Neutral -> Buy||N/A|
|11/7/2017||Goldman Sachs Group, Inc. (The)||Upgrade||Neutral -> Buy||$31.00||N/A|
|11/6/2017||Deutsche Bank AG||Reiterated Rating||Buy||$35.00||N/A|
|11/6/2017||Wells Fargo & Company||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|
|8/8/2017||Pivotal Research||Reiterated Rating||Buy||$38.00||Low|
|7/18/2017||BNP Paribas||Initiated Coverage||Outperform -> Outperform||$36.00||Low|
|7/17/2017||Citigroup Inc.||Initiated Coverage||Buy||$44.00||Low|
|7/17/2017||Bank of America Corporation||Initiated Coverage||Neutral||$36.00||Low|
|7/17/2017||J P Morgan Chase & Co||Initiated Coverage||Overweight||$39.00||Low|
|7/17/2017||Barclays PLC||Initiated Coverage||Equal Weight -> Equal Weight||$32.00 -> $32.00||Low|
Earnings History for Altice USA (NYSE:ATUS)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Altice USA (NYSE:ATUS)
Current Year EPS Consensus Estimate: $-0.87 EPS
Next Year EPS Consensus Estimate: $0.17 EPS
Dividend History for Altice USA (NYSE:ATUS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Altice USA (NYSE ATUS)
Institutional Ownership Percentage: 13.66%
Insider Trades by Quarter for Altice USA (NYSE ATUS)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/27/2017||Abdelhakim Boubazine||Insider||Buy||65,000||$30.00||$1,950,000.00|| |
|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|| |
|6/27/2017||Mark Mullen||Director||Buy||5,000||$30.00||$150,000.00|| |
|6/27/2017||Victoria Mink||SVP||Buy||1,000||$30.00||$30,000.00|| |
Latest Headlines for Altice USA (NYSE ATUS)
Altice USA (NYSE ATUS) Chart for Wednesday, November, 22, 2017