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Altice USA Inc (NYSE: ATUS) closed the day trading at $2.34 up 0.43% from the previous closing price of $2.33. In other words, the price has increased by $0.43 from its previous closing price. On the day, 1.46 million shares were traded. ATUS stock price reached its highest trading level at $2.405 during the session, while it also had its lowest trading level at $2.33.
Ratios:
For a better understanding of ATUS, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1096629248 and an Enterprise Value of 26396717056. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13. Its current Enterprise Value per Revenue stands at 3.013 whereas that against EBITDA is 8.182.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.57, which has changed by 0.28571427 over the last 52 weeks, in comparison to a change of 0.14064062 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 $1.55. The 50-Day Moving Average of the stock is -1.33%, while the 200-Day Moving Average is calculated to be -7.04%.
Shares Statistics:
Over the past 3-months, ATUS traded about 4.45M shares per day on average, while over the past 10 days, ATUS traded about 3463110 shares per day. A total of 284.42M shares are outstanding, with a floating share count of 232.87M. Insiders hold about 50.31% of the company’s shares, while institutions hold 61.87% stake in the company. Shares short for ATUS as of 1753920000 were 32326018 with a Short Ratio of 7.27, compared to 1751241600 on 36128887. Therefore, it implies a Short% of Shares Outstanding of 32326018 and a Short% of Float of 41.919996999999995.
Earnings Estimates
The firm’s stock currently is rated by 9.0 analysts. The consensus estimate for the next quarter is $0.01, 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 -$0.37. EPS for the following year is -$0.09, with 15.0 analysts recommending between $0.4 and -$0.76.
Revenue Estimates
11 analysts predict $2.13B in revenue for the current quarter. It ranges from a high estimate of $2.15B to a low estimate of $2.12B. As of the current estimate, Altice USA Inc’s year-ago sales were $2.23BFor the next quarter, 11 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.
