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How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
NYSE:ATUS

Altice USA (ATUS) Stock Price, News & Analysis

$2.59
-0.08 (-3.00%)
(As of 03/18/2024 ET)
Today's Range
$2.52
$2.69
50-Day Range
$1.83
$3.00
52-Week Range
$1.75
$3.82
Volume
5.12 million shs
Average Volume
4.98 million shs
Market Capitalization
$1.18 billion
P/E Ratio
21.58
Dividend Yield
N/A
Price Target
$3.22

Altice USA MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
24.2% Upside
$3.22 Price Target
Short Interest
Bearish
11.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.22mentions of Altice USA in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-22.73%
From $0.22 to $0.17 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.

4.07 out of 5 stars

Computer And Technology Sector

160th out of 602 stocks

Cable & Other Pay Television Services Industry

7th out of 19 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

ANET Mar 2024 262.500 put
AI Cracks Open Largest Untapped Energy Reserve on Earth
This orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… 
Altice USA (NYSE:ATUS) Trading Up 6.2%
The Top 7 Telecom Stocks to Buy in March 2024
AI Cracks Open Largest Untapped Energy Reserve on Earth
This orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… 
ATUS Sep 2024 1.500 put
ATUS Apr 2024 2.000 put
Optimum Selects Publicis O1 As Agency of Record
Charter Communications Weighs Takeover of Altice USA
Altice USA Inc (ATUS)
IAC Inc.
Altice USA (NYSE:ATUS) Soars on Q4 Numbers
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
3/18/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Previous Symbol
NASDAQ:ATUS
Fax
N/A
Employees
10,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.22
High Stock Price Target
$5.00
Low Stock Price Target
$1.20
Potential Upside/Downside
+24.2%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$53.20 million
Pretax Margin
1.28%

Debt

Sales & Book Value

Annual Sales
$9.24 billion
Cash Flow
$3.75 per share
Book Value
($0.95) per share

Miscellaneous

Free Float
211,638,000
Market Cap
$1.18 billion
Optionable
Optionable
Beta
1.36
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ATUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Altice USA stock right now?

7 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, 4 hold ratings and 2 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.

What is Altice USA's stock price target for 2024?

7 brokerages have issued twelve-month price objectives for Altice USA's stock. Their ATUS share price targets range from $1.20 to $5.00. On average, they anticipate the company's stock price to reach $3.22 in the next year. This suggests a possible upside of 24.2% from the stock's current price.
View analysts price targets for ATUS
or view top-rated stocks among Wall Street analysts.

How have ATUS shares performed in 2024?

Altice USA's stock was trading at $3.25 at the start of the year. Since then, ATUS shares have decreased by 20.3% and is now trading at $2.59.
View the best growth stocks for 2024 here
.

Are investors shorting Altice USA?

Altice USA saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 26,590,000 shares, an increase of 10.8% from the January 31st total of 23,990,000 shares. Based on an average trading volume of 5,470,000 shares, the days-to-cover ratio is presently 4.9 days. Approximately 11.5% of the shares of the company are sold short.
View Altice USA's Short Interest
.

When is Altice USA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our ATUS earnings forecast
.

How were Altice USA's earnings last quarter?

Altice USA, Inc. (NYSE:ATUS) posted its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.33. The business earned $2.30 billion during the quarter, compared to analysts' expectations of $2.29 billion. Altice USA had a net margin of 0.58% and a negative trailing twelve-month return on equity of 12.81%. The firm's revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.43) EPS.

What ETFs hold Altice USA's stock?

ETFs with the largest weight of Altice USA (NYSE:ATUS) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE) and Direxion Work From Home ETF (WFH).SRH U.S. Quality ETF (SRHQ).

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 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.72%), Vanguard Group Inc. (4.71%), Thompson Siegel & Walmsley LLC (1.51%), Massachusetts Financial Services Co. MA (1.18%), Balyasny Asset Management L.P. (0.92%) and Raymond James & Associates (0.92%). Insiders that own company stock include Alt SARL Next, Charles Stewart, Gerrit Jan Bakker, Michael Grau, Michael Olsen and Susan C Schnabel.
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.

This page (NYSE:ATUS) was last updated on 3/19/2024 by MarketBeat.com Staff

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