Altice USA - ATUS Stock Forecast, Price & News

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 14 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ATUS shares. 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.
View ATUS analyst ratings or view top-rated stocks.

22 Wall Street analysts have issued 12 month price targets for Altice USA's stock. Their ATUS share price forecasts range from $4.00 to $31.00. On average, they predict the company's stock price to reach $11.95 in the next year. This suggests a possible upside of 191.6% from the stock's current price.
View analysts price targets for ATUS or view top-rated stocks among Wall Street analysts.

Altice USA's stock was trading at $16.18 on January 1st, 2022. Since then, ATUS stock has decreased by 74.7% and is now trading at $4.10.
View the best growth stocks for 2022 here.

Altice USA saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 36,690,000 shares, a decrease of 23.0% from the October 31st total of 47,620,000 shares. Based on an average daily volume of 6,370,000 shares, the short-interest ratio is currently 5.8 days. Approximately 17.8% of the company's shares are short sold.
View Altice USA's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our ATUS earnings forecast.

Altice USA, Inc. (NYSE:ATUS) released its quarterly earnings data on Wednesday, November, 2nd. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.34 by $0.15. The firm earned $2.39 billion during the quarter, compared to the consensus estimate of $2.45 billion. Altice USA had a net margin of 6.52% and a negative trailing twelve-month return on equity of 119.88%. The firm's quarterly revenue was down 7.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.58 EPS.

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 $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 shareholders include Clarkston Capital Partners LLC (7.62%), Vanguard Group Inc. (5.02%), BlackRock Inc. (2.68%), Barrow Hanley Mewhinney & Strauss LLC (2.40%), Thompson Siegel & Walmsley LLC (1.08%) and Laurion Capital Management LP (1.05%). Insiders that own company stock include Abdelhakim Boubazine, Alt SARL Next, Charles Stewart, Colleen Schmidt, Gerrit Jan Bakker, Michael Grau, Michael Olsen and Susan C Schnabel.
View institutional ownership trends.

Shares of ATUS stock 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.
Compare Top Brokerages Here.

One share of ATUS stock can currently be purchased for approximately $4.10.

Altice USA (NYSE:ATUS) has a market capitalization of $1.86 billion and generates $10.09 billion in revenue each year. The company earns $990.31 million in net income (profit) each year or $1.41 on an earnings per share basis.

The company employs 9,000 workers across the globe.

Altice USA's mailing address is 1 Court Square West, Long Island City NY, 11101. The official website for the company is www.alticeusa.com. The company can be reached via phone at (516) 803-2300 or via email at nick.brown@alticeusa.com.