NYSE:ATUS

Altice USA Stock Forecast, Price & News

$36.09

-0.06 (-0.17 %)

(As of 01/21/2021 12:00 AM ET)

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Today's Range

$35.97

Now: $36.09▼

$36.42

50-Day Range

$34.45

MA: $35.81▼

$37.90

52-Week Range

$15.95

Now: $36.09▼

$38.30

Volume2.19 million shs

Average Volume4.78 million shs

Market Capitalization$20.15 billion

P/E Ratio200.51

Dividend YieldN/A

Beta1.11

Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, and telephony services to approximately 4.9 million residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications. It also provides voice over Internet protocol (VoIP) telephone services; and mobile services, such as data, talk, and text. In addition, the company offers Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony services, managed Wi-Fi, managed desktop and server backup, and managed collaboration services comprising audio and web conferencing; fiber-to-the-tower services to wireless carriers; data services, consisting of wide area networking and dedicated data access, as well as wireless mesh networks; and enterprise class telephone services, which include traditional multi-line phone service. Further, it provides business e-mail, hosted private branch exchange, Web space storage, and network security monitoring; and international calling consisting and toll free numbers. Additionally, the company offers audience-based and IP-authenticated cross-screen advertising solutions; and television and digital advertising services, as well as operates news channels under the News 12 Networks, Cheddar, and i24NEWS names. It also provides network construction and maintenance services and commercial and residential installations, disconnections, and maintenance services. The company provides communications and video services under Optimum and Suddenlink brand names. Altice USA, Inc. was incorporated in 2015 and is headquartered in Long Island City, New York. Altice USA, Inc. operates as a subsidiary of Next Alt S.a.r.l.

MarketRank^™

Overall MarketRank^™

1.77 out of 5 stars

Computer And Technology Sector

139th out of 1,517 stocks

Cable & Other Pay Television Services Industry

6th out of 34 stocks

2.4 Analyst's Opinion

Consensus Rating
Altice USA has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $38.67, Altice USA has a forecasted upside of 7.1% from its current price of $36.09.
Amount of Analyst Coverage
Altice USA has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Altice USA has received 471 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Altice USA has received 333 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Altice USA has received 58.58% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Altice USA does not currently pay a dividend.
Dividend Growth
Altice USA does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Altice USA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,100,000.00 in company stock.
Percentage Held by Insiders
46.40% of the stock of Altice USA is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
58.66% of the stock of Altice USA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Altice USA are expected to grow by 82.76% in the coming year, from $0.87 to $1.59 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Altice USA is 200.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of Altice USA is 200.51, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 83.74.
Price to Book Value per Share Ratio
Altice USA has a P/B Ratio of 10.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Webwww.alticeusa.com

Phone516-803-2300

Employees10,700

Debt

Debt-to-Equity Ratio34.18

Current Ratio0.82

Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio200.51

Forward P/E Ratio41.48

P/E GrowthN/A

Sales & Book Value

Annual Sales$9.76 billion

Price / Sales2.06

Cash Flow$4.35 per share

Price / Cash Flow8.30

Book Value$3.60 per share

Price / Book10.03

Profitability

EPS (Most Recent Fiscal Year)$0.50

Net Income$138.94 million

Net Margins1.08%

Return on Equity25.67%

Return on Assets1.09%

Miscellaneous

Outstanding Shares558,410,000

Market Cap$20.15 billion

Next Earnings Date2/10/2021 (Confirmed)

OptionableOptionable

$36.09

-0.06 (-0.17 %)

(As of 01/21/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Altice USA (NYSE:ATUS) Frequently Asked Questions

How has Altice USA's stock been impacted by Coronavirus?

Altice USA's stock was trading at $22.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ATUS shares have increased by 59.1% and is now trading at $36.09.
View which stocks have been most impacted by COVID-19.

Is Altice USA a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last twelve months. There are currently 4 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Altice USA stock.
View analyst ratings for Altice USA or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Altice USA?

Wall Street analysts have given Altice USA a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Altice USA wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as Altice USA's CEO?

6,978 employees have rated Altice USA CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Altice USA's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Altice USA's next earnings date?

Altice USA is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Altice USA.

How can I listen to Altice USA's earnings call?

Altice USA will be holding an earnings conference call on Wednesday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) released its quarterly earnings results on Thursday, October, 29th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.26. The business earned $2.43 billion during the quarter, compared to analyst estimates of $2.49 billion. Altice USA had a return on equity of 25.67% and a net margin of 1.08%. The business's revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 earnings per share.
View Altice USA's earnings history.

What price target have analysts set for ATUS?

17 brokers have issued 1 year target prices for Altice USA's stock. Their forecasts range from $33.00 to $46.00. On average, they anticipate Altice USA's stock price to reach $38.67 in the next year. This suggests a possible upside of 7.1% from the stock's current price.
View analysts' price targets for Altice USA or view Wall Street analyst' top-rated stocks.

Who are some of Altice USA's key competitors?

Some companies that are related to Altice USA include Roku (ROKU), Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), Rogers Communications (RCI), Discovery (DISCA), DISH Network (DISH), Discovery (DISCK), Liberty Global (LBTYA), Liberty Global (LBTYB), Liberty Global (LBTYK), Cable One (CABO), Shaw Communications (SJR), ITV (ITVPY), Qurate Retail (QRTEB) and Liberty Latin America (LILA).
View all of ATUS's competitors.

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).

Who are Altice USA's key executives?

Altice USA's management team includes the following people:

Mr. Dexter G. Goei, CEO & Director (Age 48, Pay $2.26M)
Mr. Michael Grau, Exec. VP & CFO (Age 54, Pay $497.15k)
Mr. Abdelhakim Boubazine, Pres of Telecommunications & COO (Age 44, Pay $1.01M)
Mr. Michael E. Olsen, Exec. VP, Gen. Counsel & Sec. (Age 55, Pay $487.19k)
Ms. Colleen Schmidt, Exec. VP of HR (Age 51, Pay $534.76k)
Mr. Charles Fyfe Stewart, Special Advisor & Director (Age 50, Pay $945.82k)
Mr. Layth Taki, Chief Accounting Officer, Sr. VP & Controller (Age 45)
Mr. Philippe Le May, Chief Technology Officer (Age 52)
Mr. Keith Sherwell, Chief Information Officer & Sr. VP
Ms. Lisa Gonzalez Anselmo, Sr. VP of Communications

When did Altice USA IPO?

(ATUS) raised $1.4 billion in an initial public offering (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.

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 many different institutional and retail investors. Top institutional shareholders include Pelham Capital Ltd. (1.29%), Wedge Capital Management L L P NC (0.42%), DAVENPORT & Co LLC (0.20%), Deltec Asset Management LLC (0.10%), Ritholtz Wealth Management (0.01%) and DNB Asset Management AS (0.01%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Alt SARL Next, Colleen Schmidt, Dennis Okhuijsen, Gerrit Jan Bakker, Michael Olsen and SARL Suddenvision.
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 Pelham Capital Ltd., Wedge Capital Management L L P NC, DAVENPORT & Co LLC, Deltec Asset Management LLC, and DNB Asset Management AS. Company insiders that have sold Altice USA company stock in the last year include Abdelhakim Boubazine, Alt SARL Next, Colleen Schmidt, and Michael Olsen.
View insider buying and selling activity for Altice USA or view top insider-selling stocks.

Which major investors are buying Altice USA stock?

ATUS stock was acquired by a variety of institutional investors in the last quarter, including Ritholtz Wealth Management, Redpoint Investment Management Pty Ltd, Dalton Greiner Hartman Maher & Co., IFM Investors Pty Ltd, and Sowell Financial Services LLC.
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.

What is Altice USA's stock price today?

One share of ATUS stock can currently be purchased for approximately $36.09.

How big of a company is Altice USA?

Altice USA has a market capitalization of $20.15 billion and generates $9.76 billion in revenue each year. The company earns $138.94 million in net income (profit) each year or $0.50 on an earnings per share basis. Altice USA employs 10,700 workers across the globe.

What is Altice USA's official website?

The official website for Altice USA is 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]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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