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NYSE:ATUS

Altice USA (ATUS) Stock Price, News & Analysis

$1.78
-0.04 (-2.20%)
(As of 11:07 AM ET)
Today's Range
$1.77
$1.85
50-Day Range
$1.57
$2.24
52-Week Range
$1.52
$3.66
Volume
299,382 shs
Average Volume
3.56 million shs
Market Capitalization
$818.73 million
P/E Ratio
178.00
Dividend Yield
N/A
Price Target
$1.97

Altice USA MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
10.5% Upside
$1.97 Price Target
Short Interest
Bearish
12.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.43mentions of Altice USA in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-58.82%
From $0.17 to $0.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.46 out of 5 stars

Computer And Technology Sector

353rd out of 594 stocks

Cable & Other Pay Television Services Industry

11th out of 16 stocks

ATUS stock logo

About Altice USA Stock (NYSE:ATUS)

Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications. In addition, it provides voice over Internet protocol telephone services; and mobile services, such as data, talk, and text. Further, the company offers Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony services, managed Wi-Fi, managed desktop and server backup, and collaboration services comprising audio and web conferencing; fiber-to-the-tower services to wireless carriers; data services consisting of wide area networking and dedicated data access, as well as wireless mesh networks; and enterprise class telephone services that include traditional multi-line phone service. Additionally, it provides hosted private branch exchange, network security, and international calling and toll-free numbers services. Furthermore, the company offers audience-based and multiscreen advertising solutions; data analytics; and news programming services, as well as operates news channels under the News 12 Networks, Cheddar, and i24NEWS names. It also provides broadband communications and video services under the Optimum and Suddenlink brands. Altice USA, Inc. was incorporated in 2015 and is headquartered in Long Island City, New York.

ATUS Stock Price History

ATUS Stock News Headlines

Altice USA Target of Unusually Large Options Trading (NYSE:ATUS)
Altice USA Inc (15PA)
The Strange Disappearance of MILLIONS of American Jobs
A former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.
The Strange Disappearance of MILLIONS of American Jobs
A former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.
UBS Downgrades Altice USA (ATUS)
Q2 2024 Altice USA Inc Earnings Call Transcript
Why Altice (ATUS) Stock Is Falling Today
See More Headlines
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Company Calendar

Last Earnings
8/01/2024
Today
8/22/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$1.97
High Stock Price Target
$5.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+8.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
10 Analysts

Profitability

Net Income
$53.20 million
Pretax Margin
0.51%

Debt

Sales & Book Value

Annual Sales
$9.11 billion
Cash Flow
$3.71 per share
Book Value
($0.95) per share

Miscellaneous

Free Float
213,422,000
Market Cap
$837.13 million
Optionable
Optionable
Beta
1.48
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Key Executives


ATUS Stock Analysis - Frequently Asked Questions

How have ATUS shares performed this year?

Altice USA's stock was trading at $3.25 on January 1st, 2024. Since then, ATUS stock has decreased by 45.2% and is now trading at $1.78.
View the best growth stocks for 2024 here
.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) announced its quarterly earnings data on Thursday, August, 1st. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.05. The firm's revenue for the quarter was down 3.6% compared to the same quarter last year.

When did Altice USA IPO?

Altice USA (ATUS) raised $1.4 billion in an initial public offering (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?

Top institutional shareholders of Altice USA include D. E. Shaw & Co. Inc. (2.51%), Thompson Siegel & Walmsley LLC (1.54%), Massachusetts Financial Services Co. MA (1.23%) and Assenagon Asset Management S.A. (0.97%). Insiders that own company stock include Charles Stewart, Susan C Schnabel, Gerrit Jan Bakker and Michael Olsen.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Altice USA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Altice USA investors own include Bank of America (BAC), Intelsat (I), Ciena (CIEN), Fossil Group (FOSL), AMC Entertainment (AMC), Abercrombie & Fitch (ANF) and Intel (INTC).

This page (NYSE:ATUS) was last updated on 8/22/2024 by MarketBeat.com Staff

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