Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Altice USA Inc (NYSE: ATUS) was $2.91 for the day, down -0.68% from the previous closing price of $2.93. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 2.4 million shares were traded. ATUS stock price reached its highest trading level at $3.0194 during the session, while it also had its lowest trading level at $2.9.
Ratios:
Our analysis of ATUS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.47. 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:
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 1342060032 and an Enterprise Value of 26394755072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15. Its current Enterprise Value per Revenue stands at 2.926 whereas that against EBITDA is 7.768.
Stock Price History:
The Beta on a monthly basis for ATUS is 1.52, which has changed by 0.20081973 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, ATUS has reached a high of $3.18, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is 13.36%, while the 200-Day Moving Average is calculated to be 29.71%.
Shares Statistics:
ATUS traded an average of 3.59M shares per day over the past three months and 3256460 shares per day over the past ten days. A total of 276.97M shares are outstanding, with a floating share count of 219.32M. Insiders hold about 52.44% of the company’s shares, while institutions hold 51.97% stake in the company. Shares short for ATUS as of 1736899200 were 22645147 with a Short Ratio of 6.31, compared to 1734048000 on 25615300. Therefore, it implies a Short% of Shares Outstanding of 22645147 and a Short% of Float of 14.149999999999999.
