Altice USA Inc (NYSE:ATUS) has a beta value of 1.67 and has seen 4.47 million shares traded in the last trading session. The company, currently valued at $1.26B, closed the last trade at $2.69 per share which meant it gained $0.07 on the day or 2.67% during that session. The ATUS stock price is -18.96% off its 52-week high price of $3.20 and 43.49% above the 52-week low of $1.52.
The consensus among analysts is that Altice USA Inc (ATUS) is Buy stock at the moment, with a recommendation rating of 3.17. 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.
Altice USA Inc (NYSE:ATUS) trade information
Sporting 2.67% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ATUS stock price touched $2.69 or saw a rise of 6.27%. Year-to-date, Altice USA Inc shares have moved 11.62%, while the 5-day performance has seen it change 6.32%. Over the past 30 days, the shares of Altice USA Inc (NYSE:ATUS) have changed 21.17%.
Wall Street analysts have a consensus price target for the stock at $13, which means that the shares’ value could jump 79.31% from current levels. 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 current price level is -1498.51% off the targeted high while a plunge would see the stock lose 62.83% from current levels.
Altice USA Inc (ATUS) estimates and forecasts
The company’s shares have gained 3.46% over the past 6 months.
Earnings growth for 2025 is a modest 20.86% while over the next 5 years, the company’s earnings are expected to increase by 14.68%.
ATUS Dividends
Altice USA Inc is expected to release its next earnings report in June 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
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 1.46% shares in the company for having 6.83 shares of worth $18.38 million while later fund manager owns 5.64 shares of worth $15.18 million as of Dec 31, 2024 , which makes it owner of about 1.21% of company’s outstanding stock.
