Altice USA Inc [NYSE: ATUS] loss -3.24% on the last trading session, reaching $2.39 price per share at the time.
If compared to the average trading volume of 3.04M shares, ATUS reached a trading volume of 3475813 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $2.76 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 2.94. 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.
Raymond James have made an estimate for Altice USA Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 18, 2025. While these analysts kept the previous recommendation, UBS dropped their target price from $4 to $2. The new note on the price target was released on August 02, 2024, representing the official price target for Altice USA Inc stock. Previously, the target price had yet another raise to $2, while Goldman analysts kept a Sell rating on ATUS stock.
The Average True Range (ATR) for Altice USA Inc is set at 0.17, with the Price to Sales ratio for ATUS stock in the period of the last 12 months amounting to 0.12. Price to Free Cash Flow for ATUS in the course of the last twelve months was 7.41 with Quick ratio for the last quarter at 0.32.
Trading performance analysis for ATUS stock
Altice USA Inc [ATUS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.16. With this latest performance, ATUS shares dropped by -17.87% in over the last four-week period, additionally plugging by 21.94% over the last 6 months – not to mention a drop of -9.13% 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 37.77, with the RSI for the last a single of trading hit 34.93, and the three-weeks RSI is set at 40.87 for Altice USA Inc [ATUS]. The present Moving Average for the last 50 days of trading for this stock 2.70, while it was recorded at 2.39 for the last single week of trading, and 2.35 for the last 200 days.
Altice USA Inc [ATUS]: A deeper dive into fundamental analysis
Altice USA Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.32 and a Current Ratio set at 0.32.
Altice USA Inc [ATUS]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ATUS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Altice USA Inc go to 21.51%.
An analysis of Institutional ownership at Altice USA Inc [ATUS]
There are presently around $56.94%, or 64.25%% 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 6.9359%. 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%.
