Altice USA Inc [NYSE: ATUS] closed the trading session at $2.79.
The stocks have a year to date performance of -14.15 percent and weekly performance of 10.28 percent. The stock has been moved at 27.98 percent over the last six months. The stock has performed 15.77 percent around the most recent 30 days and changed 72.22 percent over the most recent 3-months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If compared to the average trading volume of 3.42M shares, ATUS reached to a volume of 9206732 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Altice USA Inc [ATUS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ATUS shares is $2.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ATUS stock is a recommendation set at 3.12. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Altice USA Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 02, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Sell. The new note on the price target was released on July 01, 2024, representing the official price target for Altice USA Inc stock. Previously, the target price had yet another raise to $1.50, while BofA Securities analysts kept a Underperform rating on ATUS stock.
The Average True Range (ATR) for Altice USA Inc is set at 0.18, with the Price to Sales ratio for ATUS stock in the period of the last 12 months amounting to 0.14. Price to Free Cash Flow for ATUS in the course of the last twelve months was 4.28 with Quick ratio for the last quarter at 0.41.
ATUS stock trade performance evaluation
Altice USA Inc [ATUS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.28. With this latest performance, ATUS shares gained by 15.77% in over the last four-week period, additionally plugging by 27.98% over the last 6 months – not to mention a rise of 23.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ATUS stock in for the last two-week period is set at 66.35, with the RSI for the last a single of trading hit 69.73, and the three-weeks RSI is set at 64.10 for Altice USA Inc [ATUS]. The present Moving Average for the last 50 days of trading for this stock 2.38, while it was recorded at 2.66 for the last single week of trading, and 2.21 for the last 200 days.
Altice USA Inc [ATUS]: An insightful look at the core fundamentals
Altice USA Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.41 and a Current Ratio set at 0.41.
Altice USA Inc [ATUS]: Institutional Ownership
There are presently around $48.20%, or 54.36%% of ATUS stock, in the hands of institutional investors. The top three institutional holders of ATUS stocks are: FMR LLC with ownership of 31.9 million shares, which is approximately 6.9758%. CLARKSTON CAPITAL PARTNERS, LLC, holding 31.24 million shares of the stock with an approximate value of $$63.74 million in ATUS stocks shares; and CLARKSTON CAPITAL PARTNERS, LLC, currently with $$43.79 million in ATUS stock with ownership which is approximately 4.6931%.
