In last trading session, Altice USA Inc (NYSE:ATUS) saw 4.24 million shares changing hands with its beta currently measuring 1.66. Company’s recent per share price level of $2.28 trading at $0.01 or 0.44% at ring of the bell on the day assigns it a market valuation of $1.06B. That closing price of ATUS’s stock is at a discount of -40.35% from its 52-week high price of $3.20 and is indicating a premium of 33.33% from its 52-week low price of $1.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.43 million shares which gives us an average trading volume of 3.24 million if we extend that period to 3-months.
For Altice USA Inc (ATUS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.05. 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 -0.08 in the current quarter.
Altice USA Inc (NYSE:ATUS) trade information
Upright in the green during last session for gaining 0.44%, in the last five days ATUS remained trading in the red while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $2.28 price level, adding 7.32% to its value on the day. Altice USA Inc’s shares saw a change of -5.39% in year-to-date performance and have moved -0.44% in past 5-day. Altice USA Inc (NYSE:ATUS) showed a performance of -16.18% in past 30-days. Number of shares sold short was 21.86 million shares which calculate 8.97 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a rise of 82.46% 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 56.14% in reaching the projected high whereas dropping to the targeted low would mean a gain of 56.14% for stock’s current value.
Altice USA Inc (ATUS) estimates and forecasts
This year revenue growth is estimated to fall -4.38% from the last financial year’s standing.
10 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 8 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 8.66% while estimates for its earnings growth in next 5 years are of -4.42%.
Altice USA Inc (NYSE:ATUS)’s Major holders
Insiders are in possession of 12.08% of company’s total shares while institution are holding 56.76 percent of that, with stock having share float percentage of 64.56%. Investors also watch the number of corporate investors in a company very closely, which is 56.76% institutions for Altice USA Inc that are currently holding shares of the company. 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.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 6.83 shares of worth $15.58 million or 2.41% of the total outstanding shares. The later fund manager was in possession of 5.64 shares on Dec 31, 2024 , making its stake of worth around $12.87 million in the company or a holder of 1.99% of company’s stock.
