NYSE:ATUS - Altice USA Stock Price, News, & Analysis

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$21.48 -0.16 (-0.74 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$21.64
Today's Range$21.47 - $21.91
52-Week Range$14.49 - $22.54
Volume3.38 million shs
Average Volume5.56 million shs
Market Capitalization$15.36 billion
P/E Ratio268.50
Dividend YieldN/A
Beta1.14
Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States. The company operates in two segments, Cablevision and Cequel. It delivers broadband, pay television, telephony services, Wi-Fi hotspot access, proprietary content, and advertising services to approximately 4.9 million residential and business customers. The company also offers wireless routers and Internet security software; and pay television services, which include delivery of broadcast stations and cable networks, and advanced digital pay television services, such as video-on-demand, high-definition channels, digital video recorder, and pay-per-view. In addition, it provides Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony, managed Wi-Fi, managed desktop and server backup services; managed collaboration services, including audio and Web conferencing; managed services, including business e-mail, hosted private branch exchange, Web space storage, and network security monitoring; data-driven television, digital, and other multi-platform advertising services; and data-driven and audience-based advertising solutions. Further, the company operates local news channels, as well as traffic and weather channels; News12.com, a destination for local news on the Web; and News 12 To Go, a mobile app for phones and tablets. Altice USA, Inc. is headquartered in Long Island City, New York. Altice USA, Inc. operates independently of Altice N.V. as of June 8, 2018.

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Industry, Sector and Symbol

Industry Cable & other pay television services
Sub-IndustryN/A
SectorComputer and Technology
Previous SymbolNASDAQ:ATUS
CUSIPN/A
Phone516-803-2300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.57 billion
Cash Flow$3.4927 per share
Book Value$5.15 per share

Profitability

Net Income$18.83 million

Miscellaneous

Employees12,185
Market Cap$15.36 billion
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Altice USA (NYSE:ATUS) Frequently Asked Questions

What is Altice USA's stock symbol?

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

How often does Altice USA pay dividends? What is the dividend yield for Altice USA?

Altice USA announced a dividend on Tuesday, May 15th. Stockholders of record on Tuesday, May 22nd will be paid a dividend of $2.035 per share on Wednesday, June 6th. The ex-dividend date of this dividend is Thursday, June 7th. View Altice USA's Dividend History.

How were Altice USA's earnings last quarter?

Altice USA Inc (NYSE:ATUS) released its earnings results on Thursday, February, 21st. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.20. The business had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.46 billion. Altice USA had a net margin of 0.20% and a return on equity of 1.59%. The firm's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.06 earnings per share. View Altice USA's Earnings History.

When is Altice USA's next earnings date?

Altice USA is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Altice USA.

What guidance has Altice USA issued on next quarter's earnings?

Altice USA updated its FY 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $9.806-9.854 billion, compared to the consensus revenue estimate of $9.84 billion.

What price target have analysts set for ATUS?

17 equities research analysts have issued 12-month price targets for Altice USA's stock. Their forecasts range from $20.00 to $35.29. On average, they expect Altice USA's share price to reach $25.2527 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Altice USA.

What is the consensus analysts' recommendation for Altice USA?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 2 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.

Has Altice USA been receiving favorable news coverage?

Media coverage about ATUS stock has trended neutral recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Altice USA earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

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 Energy Transfer LP Unit (ET), AT&T (T), Cypress Semiconductor (CY), Bank of America (BAC), Intelsat (I), Ciena (CIEN), Micron Technology (MU), General Electric (GE), Fossil Group (FOSL) and Comcast (CMCSA).

Who are Altice USA's key executives?

Altice USA's management team includes the folowing people:
  • Mr. Dexter G. Goei, CEO & Director (Age 47)
  • Mr. Abdelhakim Boubazine, Co-Pres & COO (Age 43)
  • Mr. Charles Fyfe Stewart, Co-Pres, CFO & Director (Age 49)
  • Mr. David P. Connolly, Exec. VP, Gen. Counsel & Sec. (Age 47)
  • Ms. Lisa Rosenblum, Vice Chairman (Age 64)

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 served as the underwriters for the IPO and Scotiabank, SOCIETE GENERALE and TD Securities were co-managers.

Who are Altice USA's major shareholders?

Altice USA's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Canada Pension Plan Investment Board (5.91%), FMR LLC (1.26%), Massachusetts Financial Services Co. MA (1.17%), Reaves W H & Co. Inc. (0.83%), BlackRock Inc. (0.81%) and Zimmer Partners LP (0.73%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Bc European Capital Ix Ltd, David Connolly, Lisa Rosenblum, Mark Mullen, SARL Suddenvision and Victoria Mink. 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 Millennium Management LLC, BlackRock Inc., Lakewood Capital Management LP, Wedge Capital Management L L P NC, Zimmer Partners LP, Two Sigma Investments LP, Bank of New York Mellon Corp and Weiss Multi Strategy Advisers LLC. Company insiders that have sold Altice USA company stock in the last year include David Connolly, Lisa Rosenblum, SARL Suddenvision and Victoria Mink. View Insider Buying and Selling for Altice USA.

Which institutional investors are buying Altice USA stock?

ATUS stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, Lancaster Investment Management LLP, Dimensional Fund Advisors LP, Highbridge Capital Management LLC, D. E. Shaw & Co. Inc., Oribel Capital Management LP and Coronation Fund Managers Ltd.. 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 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Altice USA's stock price today?

One share of ATUS stock can currently be purchased for approximately $21.48.

How big of a company is Altice USA?

Altice USA has a market capitalization of $15.36 billion and generates $9.57 billion in revenue each year. The company earns $18.83 million in net income (profit) each year or $0.08 on an earnings per share basis. Altice USA employs 12,185 workers across the globe.

What is Altice USA's official website?

The official website for Altice USA is http://www.alticeusa.com.

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]


MarketBeat Community Rating for Altice USA (NYSE ATUS)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  294 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  481
MarketBeat's community ratings are surveys of what our community members think about Altice USA and other stocks. Vote "Outperform" if you believe ATUS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATUS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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