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The closing price of Altice USA Inc (NYSE: ATUS) was $1.98 for the day, down -3.41% from the previous closing price of $2.05. In other words, the price has decreased by -$3.41 from its previous closing price. On the day, 8.79 million shares were traded. ATUS stock price reached its highest trading level at $2.17 during the session, while it also had its lowest trading level at $1.835.
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 3.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.57. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.41.
Exane BNP Paribas Downgraded its Neutral to Underperform on April 09, 2024, while the target price for the stock was maintained at $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 910724736 and an Enterprise Value of 25999196160. As of this moment, Altice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 144.53, and their Forward P/E ratio for the next fiscal year is 19.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 2.815 whereas that against EBITDA is 7.301.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.45, which has changed by -0.31666666 over the last 52 weeks, in comparison to a change of 0.22379243 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 -17.62%, while the 200-Day Moving Average is calculated to be -26.56%.
Shares Statistics:
ATUS traded an average of 3.95M shares per day over the past three months and 2113290 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 51.02% stake in the company. Shares short for ATUS as of 1713139200 were 24005014 with a Short Ratio of 6.07, compared to 1710460800 on 24506043. Therefore, it implies a Short% of Shares Outstanding of 24005014 and a Short% of Float of 13.03.
Earnings Estimates
Its stock is currently analyzed by 11.0 different market analysts. On average, analysts expect EPS of $0.0 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 $0.6 and -$0.11 for the fiscal current year, implying an average EPS of $0.26. EPS for the following year is $0.26, with 17.0 analysts recommending between $0.77 and -$0.43.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 15 analysts. 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 $2.29BFor the next quarter, 15 analysts are estimating revenue of $2.25B. There is a high estimate of $2.28B for the next quarter, whereas the lowest estimate is $2.23B.
A total of 19 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 $8.99B. In the same quarter a year ago, actual revenue was $9.24BBased on 18 analysts’ estimates, the company’s revenue will be $8.72B in the next fiscal year. The high estimate is $8.89B and the low estimate is $8.36B.
