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NYSE:ATUSAltice USA Stock Price, Forecast & News

$27.79
+0.02 (+0.07 %)
(As of 08/10/2020 04:00 PM ET)
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Today's Range
$27.53
Now: $27.79
$28.11
50-Day Range
$22.45
MA: $24.55
$28.02
52-Week Range
$15.95
Now: $27.79
$31.78
Volume6.65 million shs
Average Volume5.84 million shs
Market Capitalization$16.07 billion
P/E Ratio89.65
Dividend YieldN/A
Beta0.98
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. The company also offers wireless routers and Internet security software; and pay television services, which include delivery of broadcast stations and cable networks, and advanced digital pay television services, such as video-on-demand, high-definition channels, digital video recorder, and pay-per-view. In addition, it provides Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony, managed Wi-Fi, managed desktop and server backup services; managed collaboration services, including audio and Web conferencing; managed services, including business email, hosted private branch exchange, Web space storage, and network security monitoring; data-driven television, digital, and other multi-platform advertising services; and data-driven and audience-based advertising solutions. Further, the company operates local news channels, as well as traffic and weather channels; News12.com, a destination for local news on the Web; and News 12, a mobile application, as well as provides technical operating services comprising dispatch, customer installations, disconnects, service changes, customer service visits, outside plant maintenance service, and design and construction services for HFC and FTTH infrastructure. It provides communications and video services under Optimum and Suddenlink brand names. Altice USA, Inc. is headquartered in Long Island City, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.04 out of 5 stars


Industry, Sector and Symbol

Industry Cable & other pay television services
Sub-IndustryN/A
Previous SymbolNASDAQ:ATUS
CUSIPN/A
Phone516-803-2300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.76 billion
Cash Flow$4.27 per share
Book Value$3.60 per share

Profitability

Net Income$138.94 million

Miscellaneous

Employees10,700
Market Cap$16.07 billion
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$27.79
+0.02 (+0.07 %)
(As of 08/10/2020 04:00 PM 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 COVID-19 (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 stock has increased by 22.5% and is now trading at $27.79.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Altice USA?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 4 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Altice USA
.

When is Altice USA's next earnings date?

Altice USA is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Altice USA
.

How were Altice USA's earnings last quarter?

Altice USA Inc (NYSE:ATUS) issued its quarterly earnings results on Thursday, July, 30th. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.05. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.42 billion. Altice USA had a return on equity of 14.30% and a net margin of 1.91%.
View Altice USA's earnings history
.

What price target have analysts set for ATUS?

20 analysts have issued 12-month price targets for Altice USA's shares. Their forecasts range from $8.00 to $42.00. On average, they expect Altice USA's stock price to reach $32.50 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price.
View analysts' price targets for Altice USA
.

Has Altice USA been receiving favorable news coverage?

Headlines about ATUS stock have been trending positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Altice USA earned a news impact score of 2.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about Altice USA
.

Who are some of Altice USA's key 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 AMC Entertainment (AMC), Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), Ciena (CIEN), Comcast (CMCSA), AT&T (T), Zynga (ZNGA), Apollo Global Management (APO) and DISH Network (DISH).

Who are Altice USA's key executives?

Altice USA's management team includes the following 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.

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 Reaves W H & Co. Inc. (0.67%), Wedge Capital Management L L P NC (0.52%), TimesSquare Capital Management LLC (0.50%), DAVENPORT & Co LLC (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.27%) and UBS Group AG (0.23%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Alt SARL Next, Colleen Schmidt, David Connolly, Dennis Okhuijsen, Gerrit Jan Bakker, 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 First Trust Advisors LP, TimesSquare Capital Management LLC, UBS Group AG, DAVENPORT & Co LLC, Creative Planning, NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., and Hosking Partners LLP. Company insiders that have sold Altice USA company stock in the last year include Abdelhakim Boubazine, Alt SARL Next, Gerrit Jan Bakker, and Michael Olsen.
View insider buying and selling activity for Altice USA
.

Which major investors are buying Altice USA stock?

ATUS stock was purchased by a variety of institutional investors in the last quarter, including SPX Equities Gestao de Recursos Ltda, Swiss National Bank, Sumitomo Mitsui Trust Holdings Inc., Wedge Capital Management L L P NC, United Asset Strategies Inc., Mackay Shields LLC, Robeco Institutional Asset Management B.V., and Russell Investments Group Ltd..
View insider buying and selling activity 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 $27.79.

How big of a company is Altice USA?

Altice USA has a market capitalization of $16.07 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 8/11/2020 by MarketBeat.com Staff

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