1 week Ago By Defense World Staff
Altice USA, Inc. ( NYSE:ATUS – Get Free Report ) has been assigned an average rating of “Reduce” from the eleven analysts that are currently covering the firm, Marketbeat.com reports.
Five investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $2.30.
A number of equities analysts recently issued reports on the company. TD Cowen reduced their target price on Altice USA from $6.00 to $3.
50 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Citigroup lifted their target price on Altice USA from $2.50 to $3.
00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. View Our Latest Stock Analysis on Altice USA Insider Activity Hedge Funds Weigh In On Altice USA A number of large investors have recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Altice USA during the 2nd quarter worth approximately $25,000.
Quadrature Capital Ltd purchased a new stake in Altice USA in the 3rd quarter worth $27,000. D.A.
Davidson & CO. acquired a new position in Altice USA during the third quarter worth $32,000. Wolverine Trading LLC acquired a new stake in shares of Altice USA in the third quarter valued at about $39,000.
Finally, US Bancorp DE increased its stake in shares of Altice USA by 30.2% during the third quarter. US Bancorp DE now owns 21,530 shares of the company’s stock worth $53,000 after purchasing an additional 5,000 shares in the last quarter.
Institutional investors and hedge funds own 54.85% of the company’s stock. Altice USA Stock Performance Shares of NYSE ATUS opened at $3.
11 on Friday. Altice USA has a fifty-two week low of $1.52 and a fifty-two week high of $3.
18. The company has a market cap of $1.43 billion, a PE ratio of -8.
39 and a beta of 1.50. The business has a 50-day simple moving average of $2.
55 and a two-hundred day simple moving average of $2.28. Altice USA ( NYSE:ATUS – Get Free Report ) last released its earnings results on Monday, November 4th.
The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.
13). The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.
24 billion. During the same period in the previous year, the business earned $0.15 EPS.
The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. On average, sell-side analysts predict that Altice USA will post -0.
06 earnings per share for the current fiscal year. Altice USA Company Profile ( Get Free Report 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. See Also Five stocks we like better than Altice USA What Does a Stock Split Mean? Bloom Energy: Powering the Future With Decentralized Energy What is a Dividend Harvesting Strategy and How Can Investors Profit from it? Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul Comparing and Trading High PE Ratio Stocks Why Traders Are Buying the Dip on Johnson & Johnson Stock Receive News & Ratings for Altice USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altice USA and related companies with MarketBeat.com's FREE daily email newsletter .
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