The price of Altice USA Inc (NYSE: ATUS) closed at $1.83 in the last session, down -2.14% from day before closing price of $1.87. In other words, the price has decreased by -$0.0400 from its previous closing price. On the day, 1861407 shares were traded.
Ratios:
We take a closer look at ATUS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.36.
On January 23, 2023, TD Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $6.
Goldman Downgraded its Buy to Neutral on January 10, 2023, whereas the target price for the stock was revised from $7 to $5.
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 834.48M and an Enterprise Value of 25.87B. As of this moment, Altice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.67, and their Forward P/E ratio for the next fiscal year is 7.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09. Its current Enterprise Value per Revenue stands at 2.80 whereas that against EBITDA is 7.60.
Stock Price History:
Over the past 52 weeks, ATUS has reached a high of $4.65, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is 2.4570, while the 200-Day Moving Average is calculated to be 2.7822.
Shares Statistics:
According to the various share statistics, ATUS traded on average about 4.68M shares per day over the past 3-months and 4.41M shares per day over the past 10 days. A total of 271.77M shares are outstanding, with a floating share count of 231.81M. Insiders hold about 39.27% of the company’s shares, while institutions hold 50.13% stake in the company. Shares short for ATUS as of Jan 31, 2024 were 23.99M with a Short Ratio of 5.12, compared to 23.68M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.27% and a Short% of Float of 13.12%.
Earnings Estimates
The company has 9 analysts who recommend its stock at the moment. 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
According to 11 analysts, the current quarter’s revenue is expected to be $2.24B. 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.
