Altice Usa Stock Today

ATUS Stock  USD 2.60  0.09  3.59%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 32

 
High
 
Low
Below Average
Altice USA is selling for under 2.60 as of the 28th of November 2024; that is 3.59 percent increase since the beginning of the trading day. The stock's lowest day price was 2.53. Altice USA has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during 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 29th of October 2024 and ending today, the 28th of November 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 276.96 M outstanding shares of which 26.14 M shares are presently shorted by private and institutional investors with about 6.5 trading days to cover. More on Altice USA

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Altice Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEODexter Goei
Business ConcentrationCable & Satellite, Media & Entertainment, Communication Services, NYSE Composite, Communication Services, Media, Telecom Services, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.540.2893
Way Up
Slightly volatile
Gross Profit Margin0.50.672
Way Down
Pretty Stable
Total Current Liabilities2.6 B2.3 B
Moderately Up
Slightly volatile
Non Current Liabilities Total25.6 B30.8 B
Significantly Down
Slightly volatile
Total Assets19 B32.7 B
Way Down
Slightly volatile
Total Current Assets1.2 B834.8 M
Way Up
Very volatile
Total Cash From Operating Activities1.6 B1.8 B
Moderately Down
Slightly volatile
Debt Levels
Altice USA can leverage 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.
Liquidity
Altice USA currently holds 25.39 B in liabilities. Altice USA has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Altice USA's use of debt, we should always consider it together with its cash and equity.

End Period Cash Flow

369.14 Million
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 'Mid-Cap' category with a current market capitalization of 1.16 B. Altice USA conducts business under Media sector and is part of Communication Services industry. The entity has 276.96 M outstanding shares of which 26.14 M shares are presently shorted by private and institutional investors with about 6.5 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 Allocation
Altice USA holds a total of 276.96 Million outstanding shares. Over half of Altice USA's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Altice Ownership Details

Altice Stock Institutional Holders

InstituionRecorded OnShares
Primecap Management Company2024-09-30
4.9 M
Citadel Advisors Llc2024-09-30
4.7 M
Diameter Capital Partners Lp2024-06-30
4.2 M
Cerberus Capital Management Lp2024-09-30
3.9 M
Mount Capital Ltd2024-09-30
3.9 M
140 Summer Partners Lp2024-09-30
3.7 M
Boundary Creek Advisors Lp2024-09-30
3.6 M
Massachusetts Financial Services Company2024-09-30
3.6 M
Ares Management Llc2024-09-30
3.5 M
Vanguard Group Inc2024-09-30
22.1 M
Fmr Inc2024-09-30
20.9 M
View Altice USA Diagnostics

Altice USA Historical Income Statement

At this time, Altice USA's Reconciled Depreciation is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 55.3 M in 2024, whereas Total Revenue is likely to drop slightly above 7.7 B in 2024. View More Fundamentals

Altice Stock Against Markets

Altice USA Corporate Management

Gerrit BakkerDirectorProfile
Mark MullenIndependent DirectorProfile
Luciano RamosExecutive OfficerProfile
Dennis MathewChief OfficerProfile
Manon BrouilletteIndependent DirectorProfile
Dennis OkhuijsenDirectorProfile
Marc SirotaChief OfficerProfile

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.

Additional Tools for Altice Stock Analysis

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.