Altice USA Inc (NYSE:ATUS)’s traded shares stood at 1.89 million during the last session, with the company’s beta value hitting 1.66. At the close of trading, the stock’s price was $2.51, to imply an increase of 1.21% or $0.03 in intraday trading. The ATUS share’s 52-week high remains $3.20, putting it -27.49% down since that peak but still an impressive 39.44% since price per share fell to its 52-week low of $1.52. The company has a valuation of $1.17B, with an average of 3.29 million shares in intraday trading volume over the past 10 days and average of 3.20 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Altice USA Inc (ATUS), translating to a mean rating of 3.17. Of 18 analyst(s) looking at the stock, 2 analyst(s) give ATUS a Sell rating. 0 of those analysts rate the stock as Overweight while 8 advise Hold as 8 recommend it as a Buy.
Altice USA Inc (NYSE:ATUS) trade information
After registering a 1.21% upside in the last session, Altice USA Inc (ATUS) has traded red over the past five days. The 5-day price performance for the stock is 5.91%, and -6.69% over 30 days. With these gigs, the year-to-date price performance is 4.15%. Short interest in Altice USA Inc (NYSE:ATUS) saw shorts transact 21.87 million shares and set a 6.77 days time to cover.
The extremes give us $1 and $43 for target low and target high price respectively. As such, ATUS has been trading -1613.15% off suggested target high and 60.16% from its likely low.
ATUS Dividends
Altice USA Inc has its next earnings report out on 2025-Feb-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Altice USA Inc (NYSE:ATUS)’s Major holders
Altice USA Inc insiders hold 19.75% of total outstanding shares, with institutional holders owning 92.76% of the shares at 115.58% float percentage. In total, 92.76% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 31.9 million shares (or 6.9359% of shares), all amounting to roughly $65.09 million.
The next major institution holding the largest number of shares is CLARKSTON CAPITAL PARTNERS, LLC with 31.24 million shares, or about 6.7921% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $63.74 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Altice USA Inc (ATUS) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 6.83 shares. This is just over 2.41% of the total shares, with a market valuation of $17.15 million. Data from the same date shows that the other fund manager holds a little less at 5.64, or 1.99% of the shares, all valued at about 14.17 million.
