ATUS - Altice USA Stock Price, News & Analysis

$19.33 -0.77 (-3.83 %)
(As of 11/23/2017 04:00 PM ET)
Previous Close$20.10
Today's Range$19.10 - $19.86
52-Week Range$18.73 - $35.29
Volume3.30 million shs
Average Volume1.55 million shs
Market Capitalization$13.70 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Altice USA (NYSE:ATUS)

Altice USA logoAltice USA, Inc. is engaged in providing broadband communications and video services in the United States. The Company's segments include Cablevision and Cequel. Cablevision provides broadband, pay television and telephony services to residential and business customers in and around the New York metropolitan area. Cequel provides broadband, pay television and telephony services to residential and business customers in the south-central United States. It also provides services through ten states of Texas, West Virginia, Louisiana, Arkansas, North Carolina, Oklahoma, Arizona, California, Missouri and Ohio. The Company also provides Wi-Fi hotspot access content and advertising services. Broadband provides services, such as video streaming, content downloading for time-shifted video consumption and other applications delivered over OTT platforms. Pay Television provides services through cable network. Video services delivered over DSL networks.


Industry, Sector and Symbol

Industry Integrated Telecommunications Services
Sub-IndustryN/A
SectorTelecommunications Services
SymbolNYSE:ATUS
  • Previous Symbol: NASDAQ:ATUS
  • CUSIPN/A

    Debt

    Debt-to-Equity Ratio6.82%
    Current Ratio0.32%
    Quick Ratio0.32%

    Price-To-Earnings

    Trailing P/E RatioN/A
    Forward P/E RatioN/A
    P/E GrowthN/A

    Sales & Book Value

    Annual SalesN/A
    Price / SalesN/A
    Cash FlowN/A
    Price / CashN/A
    Book Value$4.16 per share
    Price / Book4.65

    Dividend

    Annual DividendN/A
    Dividend YieldN/A

    Profitability

    Trailing EPSN/A
    Net IncomeN/A
    Net MarginsN/A
    Return on EquityN/A
    Return on AssetsN/A

    Miscellaneous

    Employees15,300
    Outstanding Shares737,070,000

    Frequently Asked Questions for Altice USA (NYSE:ATUS)

    What is Altice USA's stock symbol?

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

    Where is Altice USA's stock going? Where will Altice USA's stock price be in 2017?

    14 brokers have issued 12 month price objectives for Altice USA's stock. Their forecasts range from $25.00 to $44.00. On average, they expect Altice USA's share price to reach $33.36 in the next year. View Analyst Ratings for Altice USA.

    Who are some of Altice USA's key competitors?

    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 owns Altice USA stock?

    Altice USA's stock is owned by a number of of institutional and retail investors. Top institutional investors include Thornburg Investment Management Inc. (1.00%), 3G Capital Partners LP (0.56%), OxFORD Asset Management LLP (0.13%), Schwab Charles Investment Management Inc. (0.06%), JPMorgan Chase & Co. (0.03%) and Macquarie Group Ltd. (0.03%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Bc European Capital Ix Ltd, Lisa Rosenblum, Mark Mullen and Victoria Mink. View Institutional Ownership Trends for Altice USA.

    Who sold Altice USA stock? Who is selling Altice USA stock?

    Altice USA's stock was sold by a variety of institutional investors in the last quarter, including 3G Capital Partners LP, Sei Investments Co. and JPMorgan Chase & Co.. View Insider Buying and Selling for Altice USA.

    Who bought Altice USA stock? Who is buying Altice USA stock?

    Altice USA's stock was purchased by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Schwab Charles Investment Management Inc., Bank of New York Mellon Corp, Cubist Systematic Strategies LLC, TD Asset Management Inc., Macquarie Group Ltd., Quantbot Technologies LP and CIBC Asset Management Inc. 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 Altice USA stock?

    Shares of Altice USA 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 Altice USA stock can currently be purchased for approximately $19.33.

    How big of a company is Altice USA?

    Altice USA has a market capitalization of $13.70 billion. Altice USA employs 15,300 workers across the globe.

    How can I contact Altice USA?

    Altice USA's mailing address is 1111 Stewart Ave, BETHPAGE, NY 11714-3533, United States. The company can be reached via phone at +1-516-8032300 or via email at [email protected]


    MarketBeat Community Rating for Altice USA (ATUS)

    Community Ranking:  2.3 out of 5 (star star)
    Outperform Votes:  50 (Vote Outperform)
    Underperform Votes:  59 (Vote Underperform)
    Total Votes:  109
    MarketBeat's community ratings are surveys of what our community members think about Altice USA and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

    Analyst Ratings

    Analysts' Consensus Rating for Altice USA (NYSE:ATUS)

      (How are Consensus Ratings Calculated?)
    Ratings Breakdown: 0 Sell Ratings, 5 Hold Ratings, 9 Buy Ratings, 0 Strong Buy Ratings
    Consensus Rating:Buy (Score: 2.64)
    Consensus Price Target: $33.36 (72.57% upside)

    Consensus Price Target History for Altice USA (NYSE:ATUS)

    Price Target History for Altice USA (NYSE:ATUS)

    Analysts' Ratings History for Altice USA (NYSE:ATUS)

    Show:
    DateFirmActionRatingPrice TargetImpact on Share PriceDetails
    11/14/2017Morgan StanleyLower Price TargetEqual Weight$32.00 -> $25.00N/AView Rating Details
    11/14/2017Royal Bank Of CanadaLower Price TargetOutperform -> Outperform$40.00 -> $35.00N/AView Rating Details
    11/10/2017Moffett NathansonUpgradeNeutral -> BuyN/AView Rating Details
    11/7/2017Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$31.00N/AView Rating Details
    11/6/2017Deutsche Bank AGReiterated RatingBuy$35.00N/AView Rating Details
    11/6/2017Wells Fargo & CompanyReiterated RatingMarket Perform$34.00 -> $25.00N/AView Rating Details
    10/31/2017Atlantic SecuritiesInitiated CoverageOverweight -> Overweight$32.00N/AView Rating Details
    9/15/2017GuggenheimReiterated RatingBuy -> Neutral$31.00HighView Rating Details
    8/8/2017Pivotal ResearchReiterated RatingBuy$38.00LowView Rating Details
    7/18/2017BNP ParibasInitiated CoverageOutperform -> Outperform$36.00LowView Rating Details
    7/17/2017Citigroup Inc.Initiated CoverageBuy$44.00LowView Rating Details
    7/17/2017Bank of America CorporationInitiated CoverageNeutral$36.00LowView Rating Details
    7/17/2017J P Morgan Chase & CoInitiated CoverageOverweight$39.00LowView Rating Details
    7/17/2017Barclays PLCInitiated CoverageEqual Weight -> Equal Weight$32.00 -> $32.00LowView Rating Details
    (Data available from 11/23/2015 forward)

    Earnings

    Earnings History for Altice USA (NYSE:ATUS)


    No earnings announcements for this company have been tracked by MarketBeat.com

    Estimates

    Earnings Estimates for Altice USA (NYSE:ATUS)
    Current Year EPS Consensus Estimate: $-0.87 EPS
    Next Year EPS Consensus Estimate: $0.17 EPS

    Dividends

    Dividend History for Altice USA (NYSE:ATUS)
    No dividend announcements for this company have been tracked by MarketBeat.com

    Insider Trades

    Insider Trading and Institutional Ownership History for Altice USA (NYSE ATUS)

    Institutional Ownership Percentage: 13.66%
    Insider Trades by Quarter for Altice USA (NYSE:ATUS)
    Institutional Ownership by Quarter for Altice USA (NYSE:ATUS)

    Insider Trades by Quarter for Altice USA (NYSE ATUS)

    Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
    6/27/2017Abdelhakim BoubazineInsiderBuy65,000$30.00$1,950,000.00View SEC Filing  
    6/27/2017Bc European Capital Ix LtdMajor ShareholderSell36,197,360$29.01$1,050,085,413.60View SEC Filing  
    6/27/2017Lisa RosenblumVice ChairmanBuy3,000$30.00$90,000.00View SEC Filing  
    6/27/2017Mark MullenDirectorBuy5,000$30.00$150,000.00View SEC Filing  
    6/27/2017Victoria MinkSVPBuy1,000$30.00$30,000.00View SEC Filing  
    (Data available from 1/1/2013 forward)

    Headlines

    Latest Headlines for Altice USA (NYSE ATUS)

    Source:
    DateHeadline
    Hedge funds sell shares in Altice USA after difficult quarterHedge funds sell shares in Altice USA after difficult quarter
    www.streetinsider.com - November 22 at 9:55 PM
    Contrasting Altice USA (ATUS) and The CompetitionContrasting Altice USA (ATUS) and The Competition
    www.americanbankingnews.com - November 22 at 3:18 AM
    Debt-ridden Altice says not preparing equity-linked cash raising, no margin loan problemsDebt-ridden Altice says not preparing equity-linked cash raising, no margin loan problems
    finance.yahoo.com - November 20 at 2:05 AM
    Altice USA, Inc. (ATUS) Receives Average Recommendation of "Buy" from AnalystsAltice USA, Inc. (ATUS) Receives Average Recommendation of "Buy" from Analysts
    www.americanbankingnews.com - November 19 at 5:52 AM
    Altice USA Enters Oversold Territory (ATUS)Altice USA Enters Oversold Territory (ATUS)
    www.nasdaq.com - November 16 at 4:28 PM
    Embattled Altice shifts focus from M&A to cutting debt, customersEmbattled Altice shifts focus from M&A to cutting debt, customers
    finance.yahoo.com - November 16 at 11:37 AM
    U.S. Telecom: Competition in Wireless Market to IntensifyU.S. Telecom: Competition in Wireless Market to Intensify
    finance.yahoo.com - November 16 at 11:37 AM

    Social Media

    Financials

    Chart

    Altice USA (NYSE ATUS) Chart for Thursday, November, 23, 2017
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    This page was last updated on 11/23/2017 by MarketBeat.com Staff

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