The closing price of Altice USA Inc (NYSE: ATUS) was $2.99 for the day, up 1.01% from the previous closing price of $2.96. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 13319174 shares were traded. ATUS stock price reached its highest trading level at $3.0200 during the session, while it also had its lowest trading level at $2.8500.
Ratios:
Our analysis of ATUS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.22. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.36.
TD Securities Downgraded its Buy to Hold on January 23, 2023, while the target price for the stock was maintained at $6.
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 1.36B and an Enterprise Value of 26.40B. As of this moment, Altice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.60, and their Forward P/E ratio for the next fiscal year is 11.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15. Its current Enterprise Value per Revenue stands at 2.86 whereas that against EBITDA is 7.76.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.36, which has changed by -24.87% over the last 52 weeks, in comparison to a change of 27.55% over the same period for the S&P500. Over the past 52 weeks, ATUS has reached a high of $4.26, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is 2.4864, while the 200-Day Moving Average is calculated to be 2.7815.
Shares Statistics:
ATUS traded an average of 5.65M shares per day over the past three months and 10.13M shares per day over the past ten days. A total of 271.77M shares are outstanding, with a floating share count of 231.81M. Insiders hold about 49.18% of the company’s shares, while institutions hold 50.13% stake in the company. Shares short for ATUS as of Feb 15, 2024 were 26.59M with a Short Ratio of 4.71, compared to 23.77M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.83% and a Short% of Float of 14.43%.
Earnings Estimates
The firm’s stock currently is rated by 9 analysts. On average, analysts expect EPS of $0 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 -$0.03.
Analysts are recommending an EPS of between $0.57 and -$0.09 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.36, with 13 analysts recommending between $0.85 and $0.07.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $2.27B to a low estimate of $2.23B. 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, 9 analysts are estimating revenue of $2.25B, a decrease of -3.00% less than the figure of -$2.30% in the same quarter last year. There is a high estimate of $2.27B for the next quarter, whereas the lowest estimate is $2.23B.
A total of 16 analysts have provided revenue estimates for ATUS’s current fiscal year. The highest revenue estimate was $9.15B, while the lowest revenue estimate was $8.99B, resulting in an average revenue estimate of $9.03B. In the same quarter a year ago, actual revenue was $9.24B, down -2.20% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $8.83B in the next fiscal year. The high estimate is $9.01B and the low estimate is $8.73B. The average revenue growth estimate for next year is down -2.30% from the average revenue estimate for this year.
