Altice USA Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 2 sell ratings, 5 hold ratings and 10 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.
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Wall Street analysts have given Altice USA a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Altice USA wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Altice USA is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Altice USA.

Altice USA, Inc. (NYSE:ATUS) announced its quarterly earnings results on Tuesday, July, 27th. The company reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.04. Altice USA had a negative trailing twelve-month return on equity of 129.77% and a net margin of 8.00%.
View Altice USA's earnings history.

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 increased by 30.0% and is now trading at $29.50.
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17 brokerages have issued 1-year price objectives for Altice USA's shares. Their forecasts range from $34.00 to $62.00. On average, they anticipate Altice USA's stock price to reach $39.71 in the next twelve months. This suggests a possible upside of 34.6% from the stock's current price.
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Some companies that are related to Altice USA include Liberty Broadband (LBRDK), Liberty Broadband (LBRDA), Rogers Communications (RCI), DISH Network (DISH), Liberty Global (LBTYA), Liberty Global (LBTYK), Liberty Global (LBTYB), Discovery (DISCA), Shaw Communications (SJR), Discovery (DISCK), Cable One (CABO), ITV (ITVPY), Qurate Retail (QRTEB), Liberty Latin America (LILAK) and Liberty Latin America (LILA).
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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).

(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.

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

Altice USA's stock is owned by many different retail and institutional investors. Top institutional investors include Coronation Fund Managers Ltd. (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.15%), Hosking Partners LLP (0.12%), Alliancebernstein L.P. (0.07%), MUFG Securities EMEA plc (0.06%) and United Asset Strategies Inc. (0.05%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Alt SARL Next, Charles Stewart, Colleen Schmidt, Gerrit Jan Bakker, Michael Grau and Michael Olsen.
View institutional ownership trends for Altice USA.

ATUS stock was sold by a variety of institutional investors in the last quarter, including MUFG Securities EMEA plc, Creative Planning, Handelsbanken Fonder AB, Sumitomo Mitsui Trust Holdings Inc., New York State Common Retirement Fund, Hosking Partners LLP, Asset Management One Co. Ltd., and Sumitomo Mitsui DS Asset Management Company Ltd. Company insiders that have sold Altice USA company stock in the last year include Abdelhakim Boubazine, Alt SARL Next, Charles Stewart, Colleen Schmidt, Michael Grau, and Michael Olsen.
View insider buying and selling activity for Altice USA or view top insider-selling stocks.

ATUS stock was bought by a variety of institutional investors in the last quarter, including Coronation Fund Managers Ltd., State of Alaska Department of Revenue, Zurcher Kantonalbank Zurich Cantonalbank , Alliancebernstein L.P., Envestnet Asset Management Inc., Highland Capital Management LLC, PGGM Investments, and Oppenheimer Asset Management Inc..
View insider buying and selling activity for Altice USA or or view top insider-buying stocks.

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.
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One share of ATUS stock can currently be purchased for approximately $29.50.

Altice USA has a market capitalization of $13.56 billion and generates $9.89 billion in revenue each year. The company earns $436.18 million in net income (profit) each year or $1.10 on an earnings per share basis.

Altice USA employs 8,900 workers across the globe.

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

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

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]