NYSE:ATUSAltice USA Stock Price, Forecast & News

Altice USA's stock was trading at $22.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ATUS shares have increased by 6.8% and is now trading at $24.24. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 6 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Altice USA.

Altice USA is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Altice USA.

Altice USA Inc (NYSE:ATUS) posted its quarterly earnings data on Thursday, April, 30th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.01. The firm earned $2.45 billion during the quarter, compared to analyst estimates of $2.46 billion. Altice USA had a net margin of 1.66% and a return on equity of 10.81%. The business's revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.04) earnings per share. View Altice USA's earnings history.

21 equities research analysts have issued 1 year price objectives for Altice USA's stock. Their forecasts range from $8.00 to $42.00. On average, they expect Altice USA's share price to reach $31.58 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price. View analysts' price targets for Altice USA.

Headlines about ATUS stock have trended negative on Wednesday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Altice USA earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Altice USA.

Altice USA saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 31,340,000 shares, a decrease of 9.1% from the June 15th total of 34,490,000 shares. Based on an average daily trading volume, of 6,280,000 shares, the short-interest ratio is currently 5.0 days. Approximately 9.0% of the shares of the stock are short sold. View Altice USA's Current Options Chain.

Some companies that are related to Altice USA include Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Rogers Communications (RCI), DISH Network (DISH), Roku (ROKU), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Discovery Communications (DISCA), Cable One (CABO), Discovery Inc Series C (DISCK), Viacom (VIAB), Shaw Communications (SJR), Qurate Retail Inc Series B (QRTEB) and ITV PLC/ADR (ITVPY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Altice USA investors own include AMC Entertainment (AMC), Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Ciena (CIEN), Comcast (CMCSA), Apollo Global Management (APO), AT&T (T), Cypress Semiconductor (CY) and DISH Network (DISH).

(ATUS) raised $1.4 billion in an IPO 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.

Altice USA trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATUS."

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.

One share of ATUS stock can currently be purchased for approximately $24.24.

Altice USA has a market capitalization of $14.39 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.

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

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]