Altice USA - ATUS Stock Forecast, Price & News

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last twelve months. There are currently 1 sell rating, 15 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research 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 equities research analysts have issued 12-month target prices for Altice USA's shares. Their ATUS share price forecasts range from $3.50 to $31.00. On average, they expect the company's share price to reach $10.85 in the next twelve months. This suggests a possible upside of 112.7% 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 $4.60 at the beginning of 2023. Since then, ATUS stock has increased by 10.9% and is now trading at $5.10.
View the best growth stocks for 2023 here.

Altice USA saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 34,490,000 shares, an increase of 50.7% from the December 31st total of 22,880,000 shares. Based on an average daily volume of 6,170,000 shares, the short-interest ratio is currently 5.6 days. Approximately 16.9% 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 22nd 2023.
View our ATUS earnings forecast.

Altice USA will be holding an earnings conference call on Wednesday, February 22nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Altice USA, Inc. (NYSE:ATUS) issued its earnings results on Thursday, November, 4th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.52 by $0.06. The firm earned $2.57 billion during the quarter, compared to analyst estimates of $2.50 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 up 5.8% compared to the same quarter last year. During the same period last year, the firm earned $0.34 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 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 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."

Altice USA's stock is owned by many different institutional and retail investors. Top institutional shareholders include National Bank of Canada FI (0.18%), Assenagon Asset Management S.A. (0.17%), New York State Common Retirement Fund (0.07%), Bank of Montreal Can (0.07%), Allspring Global Investments Holdings LLC (0.05%) and Balentine LLC (0.02%). 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.

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 $5.10.

Altice USA (NYSE:ATUS) has a market capitalization of $2.32 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.