Altice USA Inc (NYSE: ATUS) Is Either An Instant Disaster Or A Huge Opportunity.

In the last trading session, 8.79 million Altice USA Inc (NYSE:ATUS) shares changed hands as the company’s beta touched 1.45. With the company’s per share price at $1.98 changed hands at -$0.07 or -3.41% during last session, the market valuation stood at $903.12M. ATUS’s last price was a discount, traded about -92.93% off its 52-week high of $3.82. The share price had its 52-week low at $1.75, which suggests the last value was 11.62% up since then. When we look at Altice USA Inc’s average trading volume, we note the 3-month average coming to 4.03 million.

Altice USA Inc (NYSE:ATUS) trade information

Instantly ATUS was in red as seen at the end of in last trading. With action -3.41%, the performance over the past five days has been red. The drop to weekly highs of 2.3150 subtracted -3.41% to the stock’s daily price. The company’s shares are showing year-to-date downside of -39.08%, with the 5-day performance at -3.41% in the red. However, in the 30-day time frame, Altice USA Inc (NYSE:ATUS) is -22.96% down.

Altice USA Inc (ATUS) estimates and forecasts

Data shows that the Altice USA Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -27.47% over the past 6 months, a 83.33% in annual growth rate that is considerably higher than the industry average of 17.70%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 35.28%. The 2024 estimates are for Altice USA Inc earnings to increase by 58.02%, but the outlook for the next 5-year period is at -0.20% per year.

ATUS Dividends

Altice USA Inc is expected to release its next quarterly earnings report in June.