NYSE:ATUSAltice USA Stock Price, Forecast & News

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 5.3% and is now trading at $23.8850. 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) announced its quarterly earnings results on Thursday, April, 30th. The company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.01. The business had revenue of $2.45 billion for 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 company's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.04) EPS. View Altice USA's earnings history.

21 equities research 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 share price to reach $31.58 in the next twelve months. This suggests a possible upside of 32.2% from the stock's current price. View analysts' price targets for Altice USA.

News stories about ATUS stock have been trending negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Altice USA earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Altice USA.

Altice USA saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 31,340,000 shares, a decline of 9.1% from the June 15th total of 34,490,000 shares. Based on an average daily volume of 6,280,000 shares, the days-to-cover ratio is presently 5.0 days. Currently, 9.0% of the company's stock are sold short. 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 initial public offering 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 acted 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 $23.89.

Altice USA has a market capitalization of $14.18 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]