Altice USA Inc [NYSE: ATUS] surged by $0.05 during the normal trading session on Tuesday and reaching a high of $2.7452 during the day while it closed the day at $2.68.
Altice USA Inc stock has also gained 3.88% of its value over the past 7 days. However, ATUS stock has inclined by 16.02% in the 3 months of the year. Over the past six months meanwhile, it has gained 11.20% and gained 41.80% year-on date.
The market cap for ATUS stock reached $1.25 billion, with 283.50 million shares outstanding and 232.11 million shares in the current float. Compared to the average trading volume of 4.54M shares, ATUS reached a trading volume of 6710274 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 $2.59 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 2.82. 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.
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 3.88. With this latest performance, ATUS shares gained by 24.65% in over the last four-week period, additionally plugging by 11.20% over the last 6 months – not to mention a rise of 11.20% 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 67.44, with the RSI for the last a single of trading hit 0.14, and the three-weeks RSI is set at 0.14 for Altice USA Inc [ATUS]. The present Moving Average for the last 50 days of trading for this stock 2.35, while it was recorded at 2.64 for the last single week of trading, and 2.51 for the last 200 days.
Altice USA Inc [ATUS]: An insightful look at the core fundamentals
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%.
Earnings per share (EPS) analysis for Altice USA Inc [ATUS] stock
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 41.39%.
Altice USA Inc [ATUS]: Institutional Ownership
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%.
