In last trading session, Altice USA Inc (NYSE:ATUS) saw 1.93 million shares changing hands with its beta currently measuring 1.60. Company’s recent per share price level of $2.87 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $1.33B. That closing price of ATUS’s stock is at a discount of -11.5% from its 52-week high price of $3.20 and is indicating a premium of 47.04% from its 52-week low price of $1.52.
For Altice USA Inc (ATUS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.94. Splitting up the data highlights that, out of 18 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.07 in the current quarter.
Altice USA Inc (NYSE:ATUS) trade information
Altice USA Inc’s shares saw a change of 19.09% in year-to-date performance and have moved -1.37% in past 5-day. Altice USA Inc (NYSE:ATUS) showed a performance of 3.99% in past 30-days.
Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a rise of 77.92% to its current value. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 43. It follows that stock’s current price would jump 65.16% in reaching the projected high whereas dropping to the targeted low would mean a gain of 65.16% for stock’s current value.
Altice USA Inc (ATUS) estimates and forecasts
This year revenue growth is estimated to fall -4.15% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.16B for the same. And 10 analysts are in estimates of company making revenue of 2.15B in the next quarter. Company posted 2.25B and 2.24B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 22.48% while estimates for its earnings growth in next 5 years are of 21.51%.
Altice USA Inc (NYSE:ATUS)’s Major holders
FMR LLC is the top institutional holder at ATUS for having 31.9 million shares of worth $65.09 million. And as of 2024-06-30, it was holding 6.9359 of the company’s outstanding shares.
The second largest institutional holder is CLARKSTON CAPITAL PARTNERS, LLC, which was holding about 31.24 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.7921 of outstanding shares, having a total worth of $63.74 million.
