After finishing at $2.44 in the prior trading day, Altice USA Inc (NYSE: ATUS) closed at $2.49, up 2.05%. In other words, the price has increased by $+0.0500 from its previous closing price. On the day, 1742147 shares were traded.
Ratios:
Our goal is to gain a better understanding of ATUS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.34. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on April 05, 2024, Downgraded its rating to Underweight and sets its target price to $1 from $2 previously.
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 1.14B and an Enterprise Value of 26.17B. As of this moment, Altice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.32, and their Forward P/E ratio for the next fiscal year is 12.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12. Its current Enterprise Value per Revenue stands at 2.83 whereas that against EBITDA is 7.69.
Stock Price History:
Over the past 52 weeks, ATUS has reached a high of $3.82, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is 2.4614, while the 200-Day Moving Average is calculated to be 2.7759.
Shares Statistics:
The stock has traded on average 4.47M shares per day over the past 3-months and 2.4M shares per day over the last 10 days, according to various share statistics. A total of 271.77M shares are outstanding, with a floating share count of 202.22M. Insiders hold about 55.67% of the company’s shares, while institutions hold 51.27% stake in the company. Shares short for ATUS as of Mar 15, 2024 were 24.51M with a Short Ratio of 5.48, compared to 26.59M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.37% and a Short% of Float of 13.30%.
Earnings Estimates
Its stock is currently analyzed by 10 different market analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.04 and a low estimate of -$0.04, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.06, with high estimates of $0.1 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.57 and $0.02 for the fiscal current year, implying an average EPS of $0.26. EPS for the following year is $0.32, with 14 analysts recommending between $0.85 and -$0.13.
Revenue Estimates
13 analysts predict $2.24B in revenue for the current quarter. It ranges from a high estimate of $2.27B to a low estimate of $2.22B. As of the current estimate, Altice USA Inc’s year-ago sales were $2.29B, an estimated decrease of -2.30% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $2.25B, a decrease of -2.90% less than the figure of -$2.30% in the same quarter last year. There is a high estimate of $2.28B for the next quarter, whereas the lowest estimate is $2.23B.
A total of 18 analysts have provided revenue estimates for ATUS’s current fiscal year. The highest revenue estimate was $9.11B, while the lowest revenue estimate was $8.88B, resulting in an average revenue estimate of $9.02B. In the same quarter a year ago, actual revenue was $9.24B, down -2.30% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $8.8B in the next fiscal year. The high estimate is $9.01B and the low estimate is $8.45B. The average revenue growth estimate for next year is down -2.50% from the average revenue estimate for this year.
