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The closing price of Altice USA Inc (NYSE: ATUS) was $1.94 for the day, down -3.96% from the previous closing price of $2.02. In other words, the price has decreased by -$3.96 from its previous closing price. On the day, 3.1 million shares were traded. ATUS stock price reached its highest trading level at $2.06 during the session, while it also had its lowest trading level at $1.94.
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 3.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.54. 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 this company, Goldman on July 01, 2024, initiated with a Sell rating and assigned the stock a 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 892326272 and an Enterprise Value of 25869117440. As of this moment, Altice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 141.61, and their Forward P/E ratio for the next fiscal year is 27.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 2.814 whereas that against EBITDA is 7.343.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.49, which has changed by -0.37012988 over the last 52 weeks, in comparison to a change of 0.2553556 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 -11.76%, while the 200-Day Moving Average is calculated to be -21.82%.
Shares Statistics:
ATUS traded an average of 2.26M shares per day over the past three months and 2187340 shares per day over the past ten days. A total of 271.77M shares are outstanding, with a floating share count of 205.54M. Insiders hold about 55.31% of the company’s shares, while institutions hold 51.47% stake in the company. Shares short for ATUS as of 1718323200 were 24325090 with a Short Ratio of 10.78, compared to 1715731200 on 24574948. Therefore, it implies a Short% of Shares Outstanding of 24325090 and a Short% of Float of 15.32.
