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After finishing at $2.28 in the prior trading day, Altice USA Inc (NYSE: ATUS) closed at $2.19, down -3.95%. In other words, the price has decreased by -$3.95 from its previous closing price. On the day, 3.61 million shares were traded. ATUS stock price reached its highest trading level at $2.27 during the session, while it also had its lowest trading level at $2.16.
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 2.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.46.
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.
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 1008676800 and an Enterprise Value of 26471907328. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 2.906 whereas that against EBITDA is 7.655.
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 17.59%, while the 200-Day Moving Average is calculated to be -1.93%.
Shares Statistics:
The stock has traded on average 3.63M shares per day over the past 3-months and 3405660 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 204.86M. Insiders hold about 55.52% of the company’s shares, while institutions hold 46.77% stake in the company. Shares short for ATUS as of 1724976000 were 25760429 with a Short Ratio of 7.09, compared to 1722384000 on 25160918. Therefore, it implies a Short% of Shares Outstanding of 25760429 and a Short% of Float of 16.16.
