NYSE:ATUS - Altice USA Stock Price, News, & Analysis

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$24.60 +0.29 (+1.19 %)
(As of 05/19/2019 06:46 AM ET)
Previous Close$24.60
Today's Range$24.16 - $24.69
52-Week Range$14.49 - $24.90
Volume3.10 million shs
Average Volume3.73 million shs
Market Capitalization$16.61 billion
P/E Ratio60.00
Dividend YieldN/A
Beta1.2
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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.57 billion
Cash Flow$3.5601 per share
Book Value$4.46 per share

Profitability

Net Income$18.83 million

Miscellaneous

Employees12,185
Market Cap$16.61 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

Altice USA (NYSE:ATUS) Frequently Asked Questions

What is Altice USA's stock symbol?

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

How were Altice USA's earnings last quarter?

Altice USA Inc (NYSE:ATUS) posted its quarterly earnings results on Thursday, May, 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.08. The business earned $2.40 billion during the quarter, compared to analyst estimates of $2.40 billion. Altice USA had a return on equity of 8.16% and a net margin of 1.27%. The company's quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.17) EPS. View Altice USA's Earnings History.

When is Altice USA's next earnings date?

Altice USA is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Altice USA.

What guidance has Altice USA issued on next quarter's earnings?

Altice USA updated its FY 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $9.806-9.854 billion, compared to the consensus revenue estimate of $9.84 billion.

What price target have analysts set for ATUS?

12 brokerages have issued 12 month target prices for Altice USA's shares. Their predictions range from $20.00 to $29.00. On average, they expect Altice USA's stock price to reach $25.00 in the next year. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for Altice USA.

What is the consensus analysts' recommendation for Altice USA?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altice USA.

Has Altice USA been receiving favorable news coverage?

News articles about ATUS stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing 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 media sentiment score of 1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future.

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 Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Cypress Semiconductor (CY), Ciena (CIEN), First Data (FDC), Associated British Foods (ABF), Chaarat Gold (CGH) and Apollo Global Management (APO).

Who are Altice USA's key executives?

Altice USA's management team includes the folowing 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.

Who are Altice USA's major shareholders?

Altice USA's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (1.67%), JPMorgan Chase & Co. (1.35%), Renaissance Technologies LLC (1.26%), BlackRock Inc. (1.10%), Zimmer Partners LP (1.09%) and Reaves W H & Co. Inc. (0.89%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Bc European Capital Ix Ltd, Colleen Schmidt, David Connolly, Lisa Rosenblum, Mark Mullen, 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 Lucerne Capital Management LP, Goldman Sachs Group Inc., Pictet Asset Management Ltd., JPMorgan Chase & Co., Coronation Fund Managers Ltd., Lancaster Investment Management LLP, Schonfeld Strategic Advisors LLC and Wedge Capital Management L L P NC. Company insiders that have sold Altice USA company stock in the last year include Colleen Schmidt, David Connolly, Lisa Rosenblum, SARL Suddenvision and Victoria Mink. View Insider Buying and Selling for Altice USA.

Which major investors are buying Altice USA stock?

ATUS stock was acquired by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Renaissance Technologies LLC, FMR LLC, Zimmer Partners LP, BlackRock Inc., Miura Global Management LLC, Sumitomo Mitsui Trust Holdings Inc. and Swiss National Bank. 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 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, Scottrade, Fidelity and Charles Schwab.

What is Altice USA's stock price today?

One share of ATUS stock can currently be purchased for approximately $24.60.

How big of a company is Altice USA?

Altice USA has a market capitalization of $16.61 billion and generates $9.57 billion in revenue each year. The company earns $18.83 million in net income (profit) each year or $0.08 on an earnings per share basis. Altice USA employs 12,185 workers across the globe.

What is Altice USA's official website?

The official website for Altice USA is http://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]


MarketBeat Community Rating for Altice USA (NYSE ATUS)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  321 (Vote Outperform)
Underperform Votes:  213 (Vote Underperform)
Total Votes:  534
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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