In the last trading session, 2.99 million shares of the Altice USA Inc (NYSE:ATUS) were traded, and its beta was 1.54. Most recently the company’s share price was $2.22, and it changed around $0.0 or 0.00% from the last close, which brings the market valuation of the company to $1.04B. ATUS currently trades at a discount to its 52-week high of $3.20, offering almost -44.14% off that amount. The share price’s 52-week low was $1.52, which indicates that the current value has risen by an impressive 31.53% since then. We note from Altice USA Inc’s average daily trading volume that its 10-day average is 6.9 million shares, with the 3-month average coming to 4.31 million.
Altice USA Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.94. If we narrow it down even further, the data shows that 2 out of 18 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 6 recommended ATUS as a Hold, whereas 4 deemed it a Buy, and 4 rated it as Underweight.
Altice USA Inc (NYSE:ATUS) trade information
The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.24 on recent trading dayincreased the stock’s daily price by 0.89%. The company’s shares are currently up 9.90% year-to-date, but still up 4.23% over the last five days. On the other hand, Altice USA Inc (NYSE:ATUS) is 3.26% up in the 30-day period. We can see from the shorts that 23.8 million shares have been sold at a short interest cover period of 6.74 day(s).
The consensus price target as assigned by Wall Street analysts is $13, which translates to bulls needing to increase their stock price by 82.92% from its current value. Analyst projections state that ATUS is forecast to be at a low of $1 and a high of $43.
Altice USA Inc earnings are expected to increase by 19.13% in 2025, but the outlook is positive 11.93% per year for the next five years.
ATUS Dividends
Altice USA Inc’s next quarterly earnings report is expected to be released on 2025-May-08.
Altice USA Inc (NYSE:ATUS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.35% of Altice USA Inc shares, and 98.64% of them are in the hands of institutional investors. The stock currently has a share float of 106.47%. Altice USA Inc stock is held by 213.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 6.9359% of the shares, which is about 31.9 million shares worth $65.09 million.
CLARKSTON CAPITAL PARTNERS, LLC, with 6.7921% or 31.24 million shares worth $63.74 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
