Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Altice USA Inc’s stock clocked out at $1.92, down -2.54% from its previous closing price of $1.97. In other words, the price has decreased by $-2.54 from its previous closing price. On the day, 1.03 million shares were traded. ATUS stock price reached its highest trading level at $2.01 during the session, while it also had its lowest trading level at $1.9.
Ratios:
To gain a deeper understanding of ATUS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.20. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.36.
On April 09, 2024, Exane BNP Paribas Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $1.
Wells Fargo Downgraded its Equal Weight to Underweight on April 05, 2024, whereas the target price for the stock was revised from $2 to $1.
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 875514176 and an Enterprise Value of 25949022208. As of this moment, Altice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.44, and their Forward P/E ratio for the next fiscal year is 15.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09. Its current Enterprise Value per Revenue stands at 2.809 whereas that against EBITDA is 7.287.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.39, which has changed by -0.28624535 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. 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 -20.54%, while the 200-Day Moving Average is calculated to be -30.14%.
Shares Statistics:
It appears that ATUS traded 4.06M shares on average per day over the past three months and 1796860 shares per day over the past ten days. 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 51.15% stake in the company. Shares short for ATUS as of 1711584000 were 23751782 with a Short Ratio of 5.85, compared to 1709164800 on 25701286. Therefore, it implies a Short% of Shares Outstanding of 23751782 and a Short% of Float of 12.889999999999999.
Earnings Estimates
The performance of Altice USA Inc (ATUS) in the stock market is under the watchful eye of 10 analysts actively contributing to its current rating.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 $0.07, 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 $0.31, with 15 analysts recommending between $0.85 and $-0.13.
Revenue Estimates
In the current quarter, 13 analysts expect revenue to total $2.24B. 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 -2.40% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $2.25B, a decrease of -3.00% less than the figure of $-2.40% 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 $8.86B, resulting in an average revenue estimate of $9.01B. In the same quarter a year ago, actual revenue was $9.24B, down -2.50% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $8.77B in the next fiscal year. The high estimate is $9.01B and the low estimate is $8.36B. The average revenue growth estimate for next year is down -2.70% from the average revenue estimate for this year.
