During the last session, Altice USA Inc (NYSE:ATUS)’s traded shares were 1.74 million, with the beta value of the company hitting 1.38. At the end of the trading day, the stock’s price was $1.95, reflecting an intraday loss of -0.51% or -$0.01. The 52-week high for the ATUS share is $3.82, that puts it down -95.9 from that peak though still a striking 10.26% gain since the share price plummeted to a 52-week low of $1.75. The company’s market capitalization is $889.43M, and the average trade volume was 4.00 million shares over the past three months.
Altice USA Inc (NYSE:ATUS) trade information
Altice USA Inc (ATUS) registered a -0.51% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.51% in intraday trading to $1.95, hitting a weekly high. The stock’s 5-day price performance is 2.09%, and it has moved by -21.69% in 30 days. Based on these gigs, the overall price performance for the year is -27.51%.
Altice USA Inc (ATUS) estimates and forecasts
Statistics show that Altice USA Inc has outperformed its competitors in share price, compared to the industry in which it operates. Altice USA Inc (ATUS) shares have gone down -34.56% during the last six months, with a year-to-date growth rate more than the industry average at 58.33% against 22.90. In the rating firms’ projections, revenue will decrease -2.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.24B as predicted by 15 analyst(s). Meanwhile, a consensus of 13 analyst(s) estimates revenue growth to 2.25B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.29B and 2.32B respectively. In this case, analysts expect current quarter sales to shrink by -2.40% and then drop by -3.00% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 35.28%. While earnings are projected to return 95.27% in 2024, the next five years will return -0.20% per annum.
ATUS Dividends
Altice USA Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
