Shares of Altice USA, Inc. (NYSE:ATUS – Get Free Report) have received a consensus recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $3.22.
A number of research firms have weighed in on ATUS. Benchmark reissued a “buy” rating and issued a $5.00 target price on shares of Altice USA in a research note on Wednesday, March 20th. Wells Fargo & Company reduced their price target on Altice USA from $3.00 to $2.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 15th. UBS Group decreased their price objective on shares of Altice USA from $6.00 to $4.00 and set a “buy” rating for the company in a research report on Thursday, February 15th. BNP Paribas upgraded shares of Altice USA from an “underperform” rating to a “neutral” rating in a research note on Tuesday, February 27th. Finally, Evercore ISI reiterated an “in-line” rating and issued a $3.00 price objective on shares of Altice USA in a research note on Tuesday, March 26th.
Check Out Our Latest Research Report on ATUS
Institutional Trading of Altice USA
Altice USA Price Performance
Shares of NYSE:ATUS opened at $2.61 on Monday. The business’s 50-day moving average is $2.46 and its 200 day moving average is $2.62. The firm has a market capitalization of $1.19 billion, a P/E ratio of 21.71 and a beta of 1.35. Altice USA has a 1 year low of $1.75 and a 1 year high of $3.82.
Altice USA (NYSE:ATUS – Get Free Report) last posted its earnings results on Wednesday, February 14th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.33). Altice USA had a net margin of 0.58% and a negative return on equity of 12.81%. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the prior year, the firm earned ($0.43) earnings per share. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. On average, analysts expect that Altice USA will post 0.22 EPS for the current year.
Altice USA Company Profile
Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications.
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