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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $2.45 in the prior trading day, Altice USA Inc (NYSE: ATUS) closed at $2.41, down -1.63%. In other words, the price has decreased by -$1.63 from its previous closing price. On the day, 1.17 million shares were traded. ATUS stock price reached its highest trading level at $2.4791 during the session, while it also had its lowest trading level at $2.36.
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 4.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.64. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.41.
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, UBS on August 02, 2024, Downgraded its rating to Neutral and sets its target price to $2 from $4 previously.
On July 01, 2024, Goldman started tracking the stock assigning a Sell rating and target price of $2.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1111465472 and an Enterprise Value of 26163943424. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12. Its current Enterprise Value per Revenue stands at 2.9 whereas that against EBITDA is 7.7.
Stock Price History:
Over the past 52 weeks, ATUS has reached a high of $3.66, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is -4.30%, while the 200-Day Moving Average is calculated to be 7.81%.
Shares Statistics:
The stock has traded on average 3.22M shares per day over the past 3-months and 2708160 shares per day over the last 10 days, according to various share statistics. A total of 276.97M shares are outstanding, with a floating share count of 218.44M. Insiders hold about 52.64% of the company’s shares, while institutions hold 52.28% stake in the company. Shares short for ATUS as of 1734048000 were 25615300 with a Short Ratio of 7.95, compared to 1731628800 on 26141970. Therefore, it implies a Short% of Shares Outstanding of 25615300 and a Short% of Float of 16.009999999999998.
