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The closing price of Altice USA Inc (NYSE: ATUS) was $2.15 for the day, down -1.83% from the previous closing price of $2.19. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 1.82 million shares were traded. ATUS stock price reached its highest trading level at $2.165 during the session, while it also had its lowest trading level at $2.1306.
Ratios:
Our analysis of ATUS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.33.
On August 02, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $4 to $2.
On July 01, 2024, Goldman started tracking the stock assigning a Sell rating and target price of $2.Goldman initiated its Sell rating on July 01, 2024, with a $2 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 24 ’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 5,846,652 shares of the business.
Next Alt S.a.r.l. sold 805,230 shares of ATUS for $19,728,135 on Dec 23 ’24. The Director now owns 6,651,882 shares after completing the transaction at $24.50 per share. On Dec 20 ’24, another insider, Next Alt S.a.r.l., who serves as the Director of the company, sold 805,230 shares for $24.50 each. As a result, the insider received 19,728,135 and left with 7,457,112 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 1007586752 and an Enterprise Value of 26307672064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 3.002 whereas that against EBITDA is 8.155.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.58, which has changed by 0.34375 over the last 52 weeks, in comparison to a change of 0.19554341 over the same period for the S&P500. Over the past 52 weeks, ATUS has reached a high of $3.20, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is -9.15%, while the 200-Day Moving Average is calculated to be -14.78%.
Shares Statistics:
ATUS traded an average of 4.73M shares per day over the past three months and 3584080 shares per day over the past ten days. A total of 284.42M shares are outstanding, with a floating share count of 232.11M. Insiders hold about 50.37% of the company’s shares, while institutions hold 59.33% stake in the company. Shares short for ATUS as of 1752537600 were 35393153 with a Short Ratio of 7.48, compared to 1749772800 on 23802514. Therefore, it implies a Short% of Shares Outstanding of 35393153 and a Short% of Float of 46.45.
Earnings Estimates
The stock of Altice USA Inc (ATUS) is currently in the spotlight, with 8.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.02, with high estimates of $0.12 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.09 and -$0.62 for the fiscal current year, implying an average EPS of -$0.38. EPS for the following year is -$0.09, with 15.0 analysts recommending between $0.4 and -$0.76.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $2.15B to a low estimate of $2.13B. As of the current estimate, Altice USA Inc’s year-ago sales were $2.23BFor the next quarter, 8 analysts are estimating revenue of $2.14B. There is a high estimate of $2.16B for the next quarter, whereas the lowest estimate is $2.12B.
A total of 14 analysts have provided revenue estimates for ATUS’s current fiscal year. The highest revenue estimate was $8.61B, while the lowest revenue estimate was $8.52B, resulting in an average revenue estimate of $8.57B. In the same quarter a year ago, actual revenue was $8.95BBased on 15 analysts’ estimates, the company’s revenue will be $8.35B in the next fiscal year. The high estimate is $8.52B and the low estimate is $8.13B.
