Altice USA Inc. (NYSE: ATUS) started the day on June 29, 2020, with a price increase of 0.85% at $22.64. During the day, the stock rose to $22.73 and sunk to $21.97 before settling in for the price of $22.45 at the close. Taking a more long-term approach, ATUS posted a 52-week range of $15.95-$31.78.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 712.80%. This publicly-traded company’s shares outstanding now amounts to $621.41 million, simultaneously with a float of $108.68 million. The organization now has a market capitalization sitting at $13.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $24.66, while the 200-day Moving Average is $26.30.
Let’s gauge the efficiency of the firm, which has a total of 10700 employees. It has generated 912,230 per worker during the last fiscal year. Meanwhile, its income per employee was 12,985. The stock had 20.99 Receivables turnover and 0.28 Total Asset turnover. For the Profitability, stocks gross margin was +43.00, operating margin was +19.43 and Pretax Margin of +1.92.
Altice USA Inc. (ATUS) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Telecom Services Industry. Altice USA Inc.’s current insider ownership accounts for 1.80%, in contrast to 90.20% institutional ownership. According to the most recent insider trade that took place on Jun 22, this organization’s Director sold 17,912,626 shares at the rate of 23.70, making the entire transaction reach 424,529,236 in total value, affecting insider ownership by 260,000. Preceding that transaction, on Jun 22, Company’s Director sold 385,800 for 24.22, making the whole transaction’s value amount to 9,344,076. This particular insider is now the holder of 18,172,626 in total.
Altice USA Inc. (ATUS) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2020, the organization reported $0 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.11) by -$0.11. This company achieved a net margin of +1.42 while generating a return on equity of 4.50. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
Altice USA Inc.’s EPS increase for this current 12-month fiscal period is 712.80% and is forecasted to reach 1.09 in the upcoming year.
Altice USA Inc. (NYSE: ATUS) Trading Performance Indicators
Let’s observe the current performance indicators for Altice USA Inc. (ATUS). It’s Quick Ratio in the last reported quarter now stands at 0.50. The Stock has managed to achieve an average true range (ATR) of 0.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.42. Similarly, its price to free cash flow for trailing twelve months is now 8.57.
In the same vein, ATUS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.25, a figure that is expected to reach 0.15 in the next quarter, and analysts are predicting that it will be 1.09 at the market close of one year from today.
Technical Analysis of Altice USA Inc. (ATUS)
If we take a close look at the recent performances of Altice USA Inc. (NYSE: ATUS), its last 5-days Average volume was 6.11 million that shows plunge from its year to date volume of 6.78 million. During the previous 9 days, stock’s Stochastic %D was recorded 11.03% While, its Average True Range was 0.83.
Raw Stochastic average of Altice USA Inc. (ATUS) in the period of the previous 100 days is set at 50.26%, which indicates a major rise in contrast to 16.54% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.27% that was lower than 69.27% volatility it exhibited in the past 100-days period.