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The price of Altice USA Inc (NYSE: ATUS) closed at $2.65 in the last session, down -3.99% from day before closing price of $2.76. In other words, the price has decreased by -$3.99 from its previous closing price. On the day, 2.86 million shares were traded.
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 4.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.22. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14.
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 -2.08%, while the 200-Day Moving Average is calculated to be 13.36%.
Shares Statistics:
A total of 278.98M shares are outstanding, with a floating share count of 231.20M. Insiders hold about 50.09% of the company’s shares, while institutions hold 53.21% stake in the company.
Earnings Estimates
The dynamic stock of Altice USA Inc (ATUS) is currently being evaluated by a team of 10.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.05, with high estimates of $0.06 and low estimates of -$0.18.
Analysts are recommending an EPS of between $0.12 and -$0.8 for the fiscal current year, implying an average EPS of -$0.17. EPS for the following year is -$0.03, with 15.0 analysts recommending between $0.4 and -$0.9.
Revenue Estimates
According to 11 analysts, the current quarter’s revenue is expected to be $2.16B. It ranges from a high estimate of $2.18B to a low estimate of $2.13B. As of the current estimate, Altice USA Inc’s year-ago sales were $2.25BFor the next quarter, 11 analysts are estimating revenue of $2.15B. There is a high estimate of $2.17B for the next quarter, whereas the lowest estimate is $2.13B.
A total of 16 analysts have provided revenue estimates for ATUS’s current fiscal year. The highest revenue estimate was $8.74B, while the lowest revenue estimate was $8.41B, resulting in an average revenue estimate of $8.58B. In the same quarter a year ago, actual revenue was $8.95BBased on 16 analysts’ estimates, the company’s revenue will be $8.38B in the next fiscal year. The high estimate is $8.72B and the low estimate is $8.03B.
