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The price of Altice USA Inc (NYSE: ATUS) closed at $2.37 in the last session, down -4.05% from day before closing price of $2.47. In other words, the price has decreased by -$4.05 from its previous closing price. On the day, 2.65 million shares were traded. ATUS stock price reached its highest trading level at $2.5 during the session, while it also had its lowest trading level at $2.36.
Ratios:
We take a closer look at ATUS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.44. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 15 ’24 when Next Alt S.a.r.l. sold 805,227 shares for $24.50 per share. The transaction valued at 19,728,062 led to the insider holds 26,782,593 shares of the business.
Next Alt S.a.r.l. sold 805,227 shares of ATUS for $19,728,062 on Nov 14 ’24. The Director now owns 27,587,820 shares after completing the transaction at $24.50 per share. On Nov 13 ’24, another insider, Next Alt S.a.r.l., who serves as the Director of the company, sold 805,227 shares for $24.50 each. As a result, the insider received 19,728,062 and left with 28,393,047 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 1093017856 and an Enterprise Value of 26191640576. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 2.903 whereas that against EBITDA is 7.708.
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 -1.82%, while the 200-Day Moving Average is calculated to be 6.94%.
Shares Statistics:
According to the various share statistics, ATUS traded on average about 3.56M shares per day over the past 3-months and 5476870 shares per day over the past 10 days. A total of 271.77M shares are outstanding, with a floating share count of 196.52M. Insiders hold about 57.39% of the company’s shares, while institutions hold 51.99% stake in the company. Shares short for ATUS as of 1730332800 were 25395292 with a Short Ratio of 7.13, compared to 1727654400 on 26679755. Therefore, it implies a Short% of Shares Outstanding of 25395292 and a Short% of Float of 15.870000000000001.
