Altice USA Inc [ATUS] stock is trading at $2.43, up 4.74%. An important factor to consider is whether the stock is rising or falling in short-term value. The ATUS shares have gain 4.29% over the last week, with a monthly amount glided 8.97%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Raymond James upgraded its rating to Outperform on February 18, 2025, and kept the price target unchanged to $3.50. On August 02, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $2 on the stock. Goldman started tracking the stock assigning a Sell rating and suggested a price target of $2 on July 01, 2024. JP Morgan downgraded its rating to Underweight for this stock on April 11, 2024. In a note dated April 09, 2024, Exane BNP Paribas downgraded an Underperform rating on this stock but restated the target price of $1.
Altice USA Inc [ATUS] stock has fluctuated between $1.89 and $3.20 over the past year. Currently, Wall Street analysts expect the stock to reach $16.74 within the next 12 months. Altice USA Inc [NYSE: ATUS] shares were valued at $2.43 at the most recent close of the market. An investor can expect a potential return of 588.89% based on the average ATUS price forecast.
Analyzing the ATUS fundamentals
Altice USA Inc [NYSE:ATUS] reported sales of 8.76B for the trailing twelve months, which represents a drop of -4.18%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is 0.52 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -40.94.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.34 points at the first support level, and at 2.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.48, and for the 2nd resistance point, it is at 2.54.
Ratios To Look Out For
For context, Altice USA Inc’s Current Ratio is 0.33. On the other hand, the Quick Ratio is 0.33, and the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.13.
Transactions by insiders
Recent insider trading involved Next Alt S.a.r.l., Director, that happened on Dec 24 ’24 when 0.81 million shares were sold. Director, Next Alt S.a.r.l. completed a deal on Dec 23 ’24 to sell 0.81 million shares. Meanwhile, Director Next Alt S.a.r.l. sold 0.81 million shares on Dec 20 ’24.
