Altice USA Inc [NYSE: ATUS] gained 1.00% on the last trading session, reaching $2.02 price per share at the time.
Altice USA Inc represents 283.50 million in outstanding shares, while the company has a total market value of $944.81 million with the latest information. ATUS stock price has been found in the range of $1.95 to $2.06.
If compared to the average trading volume of 3.49M shares, ATUS reached a trading volume of 4130916 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 $2.55 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 3.06. 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 0.13, with the Price to Sales ratio for ATUS stock in the period of the last 12 months amounting to 0.11.
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 -8.60. With this latest performance, ATUS shares dropped by -15.13% in over the last four-week period, additionally sinking by -24.63% over the last 6 months – not to mention a drop of -3.81% in the past year of trading.
Altice USA Inc [ATUS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Altice USA Inc [ATUS] shares currently have an operating margin of 18.34% and a Gross Margin at 49.24%. Altice USA Inc’s Net Margin is presently recorded at -1.78%.
Return on Equity for this stock declined to -0.49%, with Return on Assets sitting at -0.49%.
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 19.71%.
An analysis of Institutional ownership at Altice USA Inc [ATUS]
There are presently around $98.64%, or 106.47%% 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 4.6663%.
