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

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$24.49 -0.29 (-1.17 %)
(As of 05/24/2019 05:19 AM ET)
Previous Close$24.78
Today's Range$24.19 - $24.63
52-Week Range$14.49 - $25.14
Volume2.44 million shs
Average Volume4.83 million shs
Market Capitalization$16.53 billion
P/E Ratio306.13
Dividend YieldN/A
Beta1.2
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 email, 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, a mobile application, as well as provides technical operating services comprising dispatch, customer installations, disconnects, service changes, customer service visits, outside plant maintenance service, and design and construction services for HFC and FTTH infrastructure. It provides communications and video services under Optimum and Suddenlink brand names. Altice USA, Inc. is headquartered in Long Island City, New York.

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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$3.4886 per share
Book Value$4.46 per share

Profitability

Net Income$18.83 million

Miscellaneous

Employees12,185
Market Cap$16.53 billion
Next Earnings Date8/1/2019 (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 were Altice USA's earnings last quarter?

Altice USA Inc (NYSE:ATUS) issued its earnings results on Thursday, May, 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.08. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.40 billion. Altice USA had a net margin of 1.27% and a return on equity of 8.16%. The company's quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the business earned ($0.17) EPS. 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 Thursday, August 1st 2019. View Earnings Estimates for Altice USA.

What price target have analysts set for ATUS?

11 Wall Street analysts have issued 1 year price targets for Altice USA's shares. Their predictions range from $20.00 to $29.00. On average, they expect Altice USA's share price to reach $24.6667 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Price Targets for Altice USA.

What is the consensus analysts' recommendation for Altice USA?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altice USA in the last year. There are currently 2 hold ratings and 9 buy ratings 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 stories about ATUS stock have trended neutral on Friday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Altice USA earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

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 Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Ciena (CIEN), First Data (FDC), Cypress Semiconductor (CY), Associated British Foods (ABF), Chaarat Gold (CGH) and Apollo Global Management (APO).

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)
  • Ms. Lisa Rosenblum, Vice Chairman (Age 64)
  • Mr. David P. Connolly, Special Advisor to CEO (Age 47)

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 acted 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 a variety of of institutional and retail investors. Top institutional investors include FMR LLC (1.67%), JPMorgan Chase & Co. (1.35%), Renaissance Technologies LLC (1.26%), BlackRock Inc. (1.10%), Zimmer Partners LP (1.09%) and Reaves W H & Co. Inc. (0.89%). Company insiders that own Altice USA stock include Abdelhakim Boubazine, Bc European Capital Ix Ltd, Colleen Schmidt, 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 Lucerne Capital Management LP, Goldman Sachs Group Inc., Pictet Asset Management Ltd., JPMorgan Chase & Co., Coronation Fund Managers Ltd., Lancaster Investment Management LLP, Schonfeld Strategic Advisors LLC and Wedge Capital Management L L P NC. Company insiders that have sold Altice USA company stock in the last year include Colleen Schmidt, 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 Neuberger Berman Group LLC, Renaissance Technologies LLC, FMR LLC, Zimmer Partners LP, BlackRock Inc., Miura Global Management LLC, Sumitomo Mitsui Trust Holdings Inc. and Swiss National Bank. 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 $24.49.

How big of a company is Altice USA?

Altice USA has a market capitalization of $16.53 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:  3.0 out of 5 (star star star)
Outperform Votes:  321 (Vote Outperform)
Underperform Votes:  213 (Vote Underperform)
Total Votes:  534
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 5/24/2019 by MarketBeat.com Staff

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