Altice USA Inc (NYSE:ATUS) has a beta value of 1.65 and has seen 0.58 million shares traded in the recent trading session. The company, currently valued at $1.06B, closed the recent trade at $2.28 per share which meant it lost -$0.03 on the day or -1.09% during that session. The ATUS stock price is -40.35% off its 52-week high price of $3.20 and 33.33% above the 52-week low of $1.52. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.6 million shares traded. The 3-month trading volume is 3.21 million shares.
The consensus among analysts is that Altice USA Inc (ATUS) is Buy stock at the moment, with a recommendation rating of 3.05. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 8 out of 18 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.08.
Altice USA Inc (NYSE:ATUS) trade information
Sporting -1.09% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ATUS stock price touched $2.28 or saw a rise of 10.94%. Year-to-date, Altice USA Inc shares have moved -5.19%, while the 5-day performance has seen it change -1.09%. Over the past 30 days, the shares of Altice USA Inc (NYSE:ATUS) have changed -14.42%. Short interest in the company has seen 21.86 million shares shorted with days to cover at 8.97.
Wall Street analysts have a consensus price target for the stock at $13, which means that the shares’ value could jump 82.46% from the levels at last check today.. The projected low price target is $1.0 while the price target rests at a high of $43.0. In that case, then, we find that the latest price level in today’s session is -1785.96% off the targeted high while a plunge would see the stock lose 56.14% from the levels at last check today..
Altice USA Inc (ATUS) estimates and forecasts
The company’s shares have lost -3.18% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -4.38%.
10 analysts offering their estimates for the company have set an average revenue estimate of 2.16B for the current quarter. 8 have an estimated revenue figure of 2.15B for the next ending quarter. Year-ago sales stood 2.25B and 2.24B respectively for this quarter and the next, and analysts expect sales will shrink by -4.20% for the current quarter and -4.38% for the next.
Earnings growth for 2025 is a modest 8.66% while over the next 5 years, the company’s earnings are expected to decrease by -4.42%.
ATUS Dividends
Altice USA Inc is expected to release its next earnings report on 2025-Feb-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Altice USA Inc (NYSE:ATUS)’s Major holders
Insiders own 12.08% of the company shares, while shares held by institutions stand at 56.76% with a share float percentage of 64.56%. Investors are also buoyed by the number of investors in a company, with Altice USA Inc having a total of 215.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 31.9 million shares worth more than $65.09 million. As of 2024-06-30, FMR LLC held 6.9359% of shares outstanding.
The other major institutional holder is CLARKSTON CAPITAL PARTNERS, LLC, with the holding of over 31.24 million shares as of 2024-06-30. The firm’s total holdings are worth over $63.74 million and represent 6.7921% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.41% shares in the company for having 6.83 shares of worth $15.57 million while later fund manager owns 5.64 shares of worth $12.87 million as of Dec 31, 2024 , which makes it owner of about 1.99% of company’s outstanding stock.
