Altice USA Stock Forecast, Price & News

$29.50
-0.68 (-2.25 %)
(As of 08/4/2021 12:00 AM ET)
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Today's Range
$29.03
$30.08
50-Day Range
$29.50
$36.18
52-Week Range
$25.08
$38.30
Volume6.90 million shs
Average Volume3.99 million shs
Market Capitalization$13.56 billion
P/E Ratio18.44
Dividend YieldN/A
Beta1.09
30 days | 90 days | 365 days | Advanced Chart
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Altice USA logo

About Altice USA

Altice USA, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. Its brands include Optimum, Suddenlink, Lightpath, AMS, News 12 Networks, and News 12 Varsity. The firm operates through the Cablevision and Cequel business operations. The company was founded by Patrick Drahi in 2001 and is headquartered in Long Island City, NY.

Headlines

Ford, Qualcomm rise; Citrix Systems, PayPal fall
Ford, Qualcomm rise; Citrix Systems, PayPal fall
July 29, 2021 |  marketbeat.com
Altice USA (NYSE:ATUS) Sees Strong Trading Volume
Altice USA (NYSE:ATUS) Sees Strong Trading Volume
July 30, 2021 |  americanbankingnews.com
Altice USA Becomes Oversold (ATUS)
Altice USA Becomes Oversold (ATUS)
July 29, 2021 |  nasdaq.com
Altice USA (NYSE:ATUS) Issues  Earnings Results
Altice USA (NYSE:ATUS) Issues Earnings Results
July 29, 2021 |  americanbankingnews.com
Altice USA (NYSE:ATUS) Price Target Cut to $40.00
Altice USA (NYSE:ATUS) Price Target Cut to $40.00
July 29, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

3.13 out of 5 stars

Computer And Technology Sector

6th out of 844 stocks

Cable & Other Pay Television Services Industry

2nd out of 25 stocks

Analyst Opinion: 4.2Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 3.1 5 -4 -3 -2 -1 -
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Altice USA (NYSE:ATUS) Frequently Asked Questions

Is Altice USA a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 2 sell ratings, 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Altice USA stock. 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 analyst ratings for Altice USA
or view top-rated stocks.

What stocks does MarketBeat like better than Altice USA?

Wall Street analysts have given Altice USA a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Altice USA wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Altice USA's next earnings date?

Altice USA is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Altice USA
.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) announced its quarterly earnings results on Tuesday, July, 27th. The company reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.04. Altice USA had a negative trailing twelve-month return on equity of 129.77% and a net margin of 8.00%.
View Altice USA's earnings history
.

How has Altice USA's stock price been impacted by Coronavirus (COVID-19)?

Altice USA's stock was trading at $22.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ATUS shares have increased by 30.0% and is now trading at $29.50.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for ATUS?

17 brokerages have issued 1-year price objectives for Altice USA's shares. Their forecasts range from $34.00 to $62.00. On average, they anticipate Altice USA's stock price to reach $39.71 in the next twelve months. This suggests a possible upside of 34.6% from the stock's current price.
View analysts' price targets for Altice USA
or view top-rated stocks among Wall Street analysts.

Who are Altice USA's key executives?

Altice USA's management team includes the following people:
  • Dexter G. Goei, Chief Executive Officer & Director
  • Abdelhakim Boubazine, COO & President-Telecommunications
  • Michael J. Grau, Chief Financial Officer & Executive Vice President
  • Philippe Le May, Chief Technology Officer
  • Michael E. Olsen, Secretary, Executive VP & General Counsel

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 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 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 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 retail and institutional investors. Top institutional investors include Coronation Fund Managers Ltd. (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.15%), Hosking Partners LLP (0.12%), Alliancebernstein L.P. (0.07%), MUFG Securities EMEA plc (0.06%) and United Asset Strategies Inc. (0.05%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Alt SARL Next, Charles Stewart, Colleen Schmidt, Gerrit Jan Bakker, Michael Grau and Michael Olsen.
View institutional ownership trends for Altice USA
.

Which institutional investors are selling Altice USA stock?

ATUS stock was sold by a variety of institutional investors in the last quarter, including MUFG Securities EMEA plc, Creative Planning, Handelsbanken Fonder AB, Sumitomo Mitsui Trust Holdings Inc., New York State Common Retirement Fund, Hosking Partners LLP, Asset Management One Co. Ltd., and Sumitomo Mitsui DS Asset Management Company Ltd. Company insiders that have sold Altice USA company stock in the last year include Abdelhakim Boubazine, Alt SARL Next, Charles Stewart, Colleen Schmidt, Michael Grau, and Michael Olsen.
View insider buying and selling activity for Altice USA
or view top insider-selling stocks.

Which institutional investors are buying Altice USA stock?

ATUS stock was bought by a variety of institutional investors in the last quarter, including Coronation Fund Managers Ltd., State of Alaska Department of Revenue, Zurcher Kantonalbank Zurich Cantonalbank , Alliancebernstein L.P., Envestnet Asset Management Inc., Highland Capital Management LLC, PGGM Investments, and Oppenheimer Asset Management Inc..
View insider buying and selling activity for Altice USA
or or view top insider-buying stocks.

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 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 $29.50.

How much money does Altice USA make?

Altice USA has a market capitalization of $13.56 billion and generates $9.89 billion in revenue each year. The company earns $436.18 million in net income (profit) each year or $1.10 on an earnings per share basis.

How many employees does Altice USA have?

Altice USA employs 8,900 workers across the globe.

What is Altice USA's official website?

The official website for Altice USA is www.alticeusa.com.

Where are Altice USA's headquarters?

Altice USA is headquartered at 1 Court Square West, Long Island City NY, 11101.

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]


This page was last updated on 8/4/2021 by MarketBeat.com Staff
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