Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Altice USA Inc (NYSE: ATUS) closed at $2.11 in the last session, down -4.52% from day before closing price of $2.21. In other words, the price has decreased by -$4.52 from its previous closing price. On the day, 2.18 million shares were traded. ATUS stock price reached its highest trading level at $2.195 during the session, while it also had its lowest trading level at $2.1.
Ratios:
We take a closer look at ATUS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.33.
On February 18, 2025, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $3.50.
UBS Downgraded its Buy to Neutral on August 02, 2024, whereas the target price for the stock was revised from $4 to $2.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 24 ’24 when Next Alt S.a.r.l. sold 805,230 shares for $24.50 per share. The transaction valued at 19,728,135 led to the insider holds 5,846,652 shares of the business.
Next Alt S.a.r.l. sold 805,230 shares of ATUS for $19,728,135 on Dec 23 ’24. The Director now owns 6,651,882 shares after completing the transaction at $24.50 per share. On Dec 20 ’24, another insider, Next Alt S.a.r.l., who serves as the Director of the company, sold 805,230 shares for $24.50 each. As a result, the insider received 19,728,135 and left with 7,457,112 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATUS now has a Market Capitalization of 988840384 and an Enterprise Value of 26289424384. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 3.0 whereas that against EBITDA is 8.149.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.63, which has changed by -0.13168722 over the last 52 weeks, in comparison to a change of 0.20772064 over the same period for the S&P500. Over the past 52 weeks, ATUS has reached a high of $3.20, while it has fallen to a 52-week low of $1.95. The 50-Day Moving Average of the stock is -12.28%, while the 200-Day Moving Average is calculated to be -15.18%.
Shares Statistics:
According to the various share statistics, ATUS traded on average about 3.51M shares per day over the past 3-months and 3027940 shares per day over the past 10 days. A total of 284.42M shares are outstanding, with a floating share count of 233.05M. Insiders hold about 50.27% of the company’s shares, while institutions hold 61.47% stake in the company. Shares short for ATUS as of 1760486400 were 31187472 with a Short Ratio of 8.89, compared to 1757894400 on 31059400. Therefore, it implies a Short% of Shares Outstanding of 31187472 and a Short% of Float of 40.44.
Earnings Estimates
The dynamic stock of Altice USA Inc (ATUS) is currently attracting attention from 8.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.03, with high estimates of $0.12 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.09 and -$0.62 for the fiscal current year, implying an average EPS of -$0.39. EPS for the following year is -$0.17, with 12.0 analysts recommending between $0.37 and -$0.76.
Revenue Estimates
According to 11 analysts,. The current quarter’s revenue is expected to be $2.13B. It ranges from a high estimate of $2.14B to a low estimate of $2.11B. As of. The current estimate, Altice USA Inc’s year-ago sales were $2.23BFor the next quarter, 11 analysts are estimating revenue of $2.14B. There is a high estimate of $2.16B for the next quarter, whereas the lowest estimate is $2.13B.
A total of 14 analysts have provided revenue estimates for ATUS’s current fiscal year. The highest revenue estimate was $8.64B, while the lowest revenue estimate was $8.52B, resulting in an average revenue estimate of $8.57B. In the same quarter a year ago, actual revenue was $8.95BBased on 14 analysts’ estimates, the company’s revenue will be $8.34B in the next fiscal year. The high estimate is $8.5B and the low estimate is $8.13B.
