Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Altice USA Inc (NYSE: ATUS) closed at $2.12 in the last session, up 1.44% from day before closing price of $2.09. In other words, the price has increased by $1.44 from its previous closing price. On the day, 2.77 million shares were traded. ATUS stock price reached its highest trading level at $2.15 during the session, while it also had its lowest trading level at $2.08.
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 0.36 and its Current Ratio is at 0.36.
On August 02, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $4 to $2.
On July 01, 2024, Goldman started tracking the stock assigning a Sell rating and target price of $2.Goldman initiated its Sell rating on July 01, 2024, with a $2 target price.
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 991579072 and an Enterprise Value of 26291587072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 2.969 whereas that against EBITDA is 7.977.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.61, which has changed by 0.039215684 over the last 52 weeks, in comparison to a change of 0.12463009 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 $1.52. The 50-Day Moving Average of the stock is -9.28%, while the 200-Day Moving Average is calculated to be -14.99%.
Shares Statistics:
According to the various share statistics, ATUS traded on average about 3.68M shares per day over the past 3-months and 3196560 shares per day over the past 10 days. A total of 283.50M shares are outstanding, with a floating share count of 232.09M. Insiders hold about 50.38% of the company’s shares, while institutions hold 58.08% stake in the company. Shares short for ATUS as of 1749772800 were 23802514 with a Short Ratio of 6.48, compared to 1747267200 on 21439491. Therefore, it implies a Short% of Shares Outstanding of 23802514 and a Short% of Float of 31.239998000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
