Altice Usa Stock Today
| ATUS Stock | USD 1.95 0.01 0.51% |
Performance0 of 100
| Odds Of DistressLess than 42
|
Altice USA is selling for under 1.95 as of the 26th of April 2024; that is -0.51 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.85. Altice USA has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Altice USA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of March 2024 and ending today, the 26th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 22nd of June 2017 | Category Communication Services |
Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. The company was incorporated in 2015 and is headquartered in Long Island City, New York. The company has 271.77 M outstanding shares of which 24.01 M shares are presently shorted by private and institutional investors with about 10.0 trading days to cover. More on Altice USA
Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Altice Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Altice USA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Altice USA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Dexter Goei | ||||
| Business Concentration | Cable & Satellite, Media & Entertainment, Communication Services, NYSE Composite, Communication Services, Media, Telecom Services, Communication Services (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Altice USA report their recommendations after researching Altice USA's financial statements, talking to executives and customers, or listening in on Altice USA's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Altice USA. The Altice consensus assessment is calculated by taking the average forecast from all of the analysts covering Altice USA. | |||||
Altice USA's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Altice USA's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Altice USA's financial leverage. It provides some insight into what part of Altice USA's total assets is financed by creditors.
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Altice USA (ATUS) is traded on New York Stock Exchange in USA. It is located in 1 Court Square West, Long Island City, NY, United States, 11101 and employs 10,600 people. Altice USA is listed under Cable & Satellite category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 850.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altice USA's market, we take the total number of its shares issued and multiply it by Altice USA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Altice USA conducts business under Media sector and is part of Communication Services industry. The entity has 271.77 M outstanding shares of which 24.01 M shares are presently shorted by private and institutional investors with about 10.0 trading days to cover.
Altice USA currently holds about 250.58 M in cash with 1.83 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.55.
Check Altice USA Probability Of Bankruptcy
Ownership AllocationAltice USA retains a total of 271.77 Million outstanding shares. The majority of Altice USA outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Altice USA to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Altice USA. Please pay attention to any change in the institutional holdings of Altice USA as this could imply that something significant has changed or is about to change at the company. Also note that nearly twenty-seven million one hundred seventy-seven thousand two hundred ninety-nine invesors are currently shorting Altice USA expressing very little confidence in its future performance.
Check Altice Ownership Details
Altice Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Altice USA jumping above the current price in 90 days from now is about 90.88%. The Altice USA probability density function shows the probability of Altice USA stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.2385. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Altice USA will likely underperform. Additionally, altice USA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Altice USA to move above the current price in 90 days from now is about 90.88 (This Altice USA probability density function shows the probability of Altice Stock to fall within a particular range of prices over 90 days) .
Altice Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Altice USA that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Altice USA's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Altice USA's value.| Instituion | Recorded On | Shares | |
| Primecap Management Company | 2023-12-31 | 5.3 M | |
| Hudson Bay Capital Management Lp | 2023-12-31 | 5 M | |
| Morgan Stanley - Brokerage Accounts | 0030-12-31 | 4.8 M | |
| Baupost Group Llc | 2023-12-31 | 4.8 M | |
| D. E. Shaw & Co Lp | 2023-09-30 | 4.6 M | |
| Blackrock Inc | 2023-12-31 | 4.4 M | |
| Balyasny Asset Management Llc | 2023-12-31 | 4.2 M | |
| Raymond James & Associates | 2007-04-30 | 4.2 M | |
| Citadel Advisors Llc | 4.2 M | ||
| Clarkston Capital Partners, Llc | 2023-12-31 | 35.5 M | |
| Vanguard Group Inc | 2023-12-31 | 21.5 M |
Altice USA Historical Income Statement
Altice USA Income Statement is one of the three primary financial statements used for reporting Altice's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Altice USA revenue and expense. Altice USA Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Altice USA's Non Operating Income Net Other is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 280.5 M in 2024, whereas Total Revenue is likely to drop slightly above 7.7 B in 2024. View More FundamentalsAltice Stock Against Markets
Picking the right benchmark for Altice USA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Altice USA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Altice USA is critical whether you are bullish or bearish towards Altice USA at a given time. Please also check how Altice USA's historical prices are related to one of the top price index indicators.
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Altice USA Corporate Management
Elected by the shareholders, the Altice USA's board of directors comprises two types of representatives: Altice USA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Altice. The board's role is to monitor Altice USA's management team and ensure that shareholders' interests are well served. Altice USA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Altice USA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gerrit Bakker | Director | Profile | |
| Mark Mullen | Independent Director | Profile | |
| Luciano Ramos | Executive Officer | Profile | |
| Dennis Mathew | Chief Officer | Profile | |
| Manon Brouillette | Independent Director | Profile | |
| Dennis Okhuijsen | Director | Profile | |
| Marc Sirota | Chief Officer | Profile |
How to buy Altice Stock?
Before investing in Altice USA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Altice USA. To buy Altice USA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Altice USA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Altice USA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Altice USA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Altice USA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Altice USA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.
Already Invested in Altice USA?
The danger of trading Altice USA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Altice USA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Altice USA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Altice USA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Altice USA is a strong investment it is important to analyze Altice USA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Altice USA's future performance. For an informed investment choice regarding Altice Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altice USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Altice USA's price analysis, check to measure Altice USA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.
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Is Altice USA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altice USA. If investors know Altice will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altice USA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Earnings Share 0.12 | Revenue Per Share 20.314 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0365 |
The market value of Altice USA is measured differently than its book value, which is the value of Altice that is recorded on the company's balance sheet. Investors also form their own opinion of Altice USA's value that differs from its market value or its book value, called intrinsic value, which is Altice USA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altice USA's market value can be influenced by many factors that don't directly affect Altice USA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altice USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altice USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altice USA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.