In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
After finishing at $2.45 in the prior trading day, Altice USA Inc (NYSE: ATUS) closed at $2.27, down -7.35%. In other words, the price has decreased by -$7.35 from its previous closing price. On the day, 3.89 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ATUS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.04. 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:
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12.
Stock Price History:
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 -15.91%, while the 200-Day Moving Average is calculated to be -3.13%.
Shares Statistics:
A total of 278.98M shares are outstanding, with a floating share count of 231.80M. Insiders hold about 49.96% of the company’s shares, while institutions hold 53.21% stake in the company.
