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The price of Altice USA Inc (NYSE: ATUS) closed at $2.29 in the last session, down -6.91% from day before closing price of $2.46. In other words, the price has decreased by -$6.91 from its previous closing price. On the day, 6.93 million shares were traded. ATUS stock price reached its highest trading level at $2.56 during the session, while it also had its lowest trading level at $2.215.
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 7.10. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.32.
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:
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 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 1060739392 and an Enterprise Value of 26174361600. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12. Its current Enterprise Value per Revenue stands at 2.923 whereas that against EBITDA is 7.825.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.64, which has changed by 0.17435896 over the last 52 weeks, in comparison to a change of 0.07455289 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 -13.17%, while the 200-Day Moving Average is calculated to be -3.39%.
Shares Statistics:
According to the various share statistics, ATUS traded on average about 3.10M shares per day over the past 3-months and 4769460 shares per day over the past 10 days. A total of 278.98M shares are outstanding, with a floating share count of 228.47M. Insiders hold about 50.68% of the company’s shares, while institutions hold 53.19% stake in the company. Shares short for ATUS as of 1743379200 were 21863467 with a Short Ratio of 7.05, compared to 1740700800 on 21983756. Therefore, it implies a Short% of Shares Outstanding of 21863467 and a Short% of Float of 13.489999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
