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Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
My No. 1 dividend stock for a LIFETIME of income. (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Bank failures and rescue test Yellen's decades of experience
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
My No. 1 dividend stock for a LIFETIME of income. (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Bank failures and rescue test Yellen's decades of experience
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
My No. 1 dividend stock for a LIFETIME of income. (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Bank failures and rescue test Yellen's decades of experience
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
NYSE:ATUS

Altice USA - ATUS Stock Forecast, Price & News

$3.09
0.00 (0.00%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$2.98
$3.13
50-Day Range
$3.09
$5.38
52-Week Range
$2.98
$13.17
Volume
3.10 million shs
Average Volume
5.66 million shs
Market Capitalization
$1.41 billion
P/E Ratio
7.36
Dividend Yield
N/A
Price Target
$8.96

Altice USA MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
189.9% Upside
$8.96 Price Target
Short Interest
Bearish
16.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.33mentions of Altice USA in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
50.00%
From $0.18 to $0.27 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Computer And Technology Sector

131st out of 604 stocks

Cable & Other Pay Television Services Industry

7th out of 22 stocks


ATUS stock logo

About Altice USA (NYSE:ATUS) Stock

Altice USA, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. Its brands include Optimum, Suddenlink, Optimum Mobile, Altice Business, News 12 Networks, Cheddar News, a4 Advertising, and i24 News. The company was founded by Patrick Drahi in 2001 and is headquartered in Long Island City, NY.

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ATUS Stock News Headlines

Altice USA (NYSE:ATUS) Trading Down 4.9%
Banking Nightmare
During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …
Altice USA (NYSE:ATUS) Trading Up 7.1%
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Wells Fargo Sticks to Their Hold Rating for Altice Usa (ATUS)
Altice Usa (ATUS) Gets a Hold from Raymond James
Altice USA Earnings Preview
Knowles (KN) Q4 Earnings Surpass Estimates
See More Headlines
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ATUS Company Calendar

Last Earnings
2/22/2023
Today
3/25/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Previous Symbol
NASDAQ:ATUS
Fax
N/A
Employees
11,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$8.96
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
+189.9%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
15 Analysts

Profitability

Net Income
$194.56 million
Pretax Margin
5.36%

Debt

Sales & Book Value

Annual Sales
$9.65 billion
Cash Flow
$4.23 per share
Book Value
($1.10) per share

Miscellaneous

Free Float
211,616,000
Market Cap
$1.41 billion
Optionable
Optionable
Beta
1.37

Key Executives

  • Dennis Mathew
    Chief Executive Officer
  • Marc Sirota
    Chief Financial Officer
  • Pragash Pillai
    EVP, Chief Technology & Information Officer
  • Michael E. OlsenMichael E. Olsen
    Secretary, Executive VP & General Counsel
  • Shuvankar Roy
    Chief Customer Experience Officer & Executive VP













ATUS Stock - Frequently Asked Questions

Should I buy or sell Altice USA stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 4 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.

What is Altice USA's stock price forecast for 2023?

15 equities research analysts have issued 12-month target prices for Altice USA's stock. Their ATUS share price forecasts range from $2.00 to $31.00. On average, they expect the company's share price to reach $8.96 in the next twelve months. This suggests a possible upside of 189.9% from the stock's current price.
View analysts price targets for ATUS
or view top-rated stocks among Wall Street analysts.

How have ATUS shares performed in 2023?

Altice USA's stock was trading at $4.60 at the beginning of the year. Since then, ATUS shares have decreased by 32.8% and is now trading at $3.09.
View the best growth stocks for 2023 here
.

When is Altice USA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our ATUS earnings forecast
.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) issued its quarterly earnings results on Wednesday, February, 22nd. The company reported ($0.43) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.65. The company earned $2.37 billion during the quarter, compared to the consensus estimate of $2.40 billion. Altice USA had a negative trailing twelve-month return on equity of 51.00% and a net margin of 2.02%. The firm's revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.56 EPS.

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 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).

When did Altice USA IPO?

(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.

What is Altice USA's stock symbol?

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

Who are Altice USA's major shareholders?

Altice USA's stock is owned by many different institutional and retail investors. Top institutional shareholders include AQR Capital Management LLC (2.65%), Marshall Wace LLP (1.74%), Morgan Stanley (1.66%), Thompson Siegel & Walmsley LLC (1.30%), Bank of Nova Scotia (1.17%) and Raymond James & Associates (1.02%). 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
.

How do I buy shares of Altice USA?

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.

What is Altice USA's stock price today?

One share of ATUS stock can currently be purchased for approximately $3.09.

How much money does Altice USA make?

Altice USA (NYSE:ATUS) has a market capitalization of $1.41 billion and generates $9.65 billion in revenue each year. The company earns $194.56 million in net income (profit) each year or $0.42 on an earnings per share basis.

How many employees does Altice USA have?

The company employs 11,000 workers across the globe.

How can I contact Altice USA?

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.

This page (NYSE:ATUS) was last updated on 3/25/2023 by MarketBeat.com Staff