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The price of Altice USA Inc (NYSE: ATUS) closed at $2.36 in the last session, down -8.53% from day before closing price of $2.58. In other words, the price has decreased by -$8.53 from its previous closing price. On the day, 7.05 million shares were traded. ATUS stock price reached its highest trading level at $2.64 during the session, while it also had its lowest trading level at $2.339.
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 4.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.65. 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 Dec 06 ’24 when Next Alt S.a.r.l. sold 805,230 shares for $24.50 per share. The transaction valued at 19,728,135 led to the insider holds 15,509,412 shares of the business.
Next Alt S.a.r.l. sold 805,227 shares of ATUS for $19,728,062 on Dec 05 ’24. The Director now owns 16,314,642 shares after completing the transaction at $24.50 per share. On Dec 04 ’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 17,119,869 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 1088406016 and an Enterprise Value of 26140862464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12. Its current Enterprise Value per Revenue stands at 2.898 whereas that against EBITDA is 7.693.
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 -5.20%, while the 200-Day Moving Average is calculated to be 4.94%.
Shares Statistics:
According to the various share statistics, ATUS traded on average about 3.26M shares per day over the past 3-months and 3241410 shares per day over the past 10 days. A total of 276.97M shares are outstanding, with a floating share count of 207.82M. Insiders hold about 54.94% of the company’s shares, while institutions hold 52.28% stake in the company. Shares short for ATUS as of 1731628800 were 26141970 with a Short Ratio of 8.01, compared to 1728950400 on 26989971. Therefore, it implies a Short% of Shares Outstanding of 26141970 and a Short% of Float of 16.34.
