In the latest trading session,, 3.01 million Altice USA Inc (NYSE:ATUS) shares changed hands as the company’s beta touched 1.55. With the company’s most recent per share price at $2.81 changing hands around $0.02 or 0.54% at last look, the market valuation stands at $1.31B. ATUS’s current price is a discount, trading about -13.88% off its 52-week high of $3.20. The share price had its 52-week low at $1.52, which suggests the last value was 45.91% up since then. When we look at Altice USA Inc’s average trading volume, we note the 10-day average is 6.49 million shares, with the 3-month average coming to 4.62 million.
Analysts gave the Altice USA Inc (ATUS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.83. If we narrow down to specifics, the data shows that 2 out of 18 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 8 recommended ATUS as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. Altice USA Inc’s EPS for the current quarter is expected to be -0.02.
Altice USA Inc (NYSE:ATUS) trade information
Instantly ATUS is in green as seen in intraday trades today. With action 6.65%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 53.28%, with the 5-day performance at 6.65% in the green. However, in the 30-day time frame, Altice USA Inc (NYSE:ATUS) is 38.86% up. Looking at the short shares, we see there were 23.8 million shares sold at short interest cover period of 6.74 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 78.38% from its recent market value. According to analyst projections, ATUS’s forecast low is 1 with 43 as the target high. To hit the forecast high, the stock’s price needs a -1430.25% plunge from its current level, while the stock would need to tank 64.41% for it to hit the projected low.
Altice USA Inc (ATUS) estimates and forecasts
Year-over-year growth is forecast to reach -4.18% down from the last financial year.
Consensus estimates given by 12 financial analysts project the company’s revenue in the current quarter to hit an average of 2.15B. 10 analysts are of the opinion that Altice USA Inc’s revenue for the current quarter will be 2.14B. The company’s revenue for the corresponding quarters a year ago was 2.24B and 2.23B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.88%. The estimates for the next quarter sales put growth at -4.08%.
The 2025 estimates are for Altice USA Inc earnings to increase by 50.90%, but the outlook for the next 5-year period is at 39.57% per year.
ATUS Dividends
Altice USA Inc is expected to release its next quarterly earnings report on 2025-May-08.
Altice USA Inc (NYSE:ATUS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.35% of Altice USA Inc shares while 98.64% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 106.47%. There are 98.64% institutions holding the Altice USA Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 6.9359% of the shares, roughly 31.9 million ATUS shares worth $65.09 million.
CLARKSTON CAPITAL PARTNERS, LLC holds the second largest percentage of outstanding shares, with 6.7921% or 31.24 million shares worth $63.74 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 6.83 shares estimated at $19.03 million under it, the former controlled 1.46% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 1.19% of the shares, roughly 5.56 shares worth around $15.49 million.
