The key reasons why Altice USA Inc. (ATUS) is -72.83% away from 52-week high?

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Altice USA Inc. (NYSE: ATUS) started the day on November 23, 2022, with a price increase of 6.33% at $4.70. During the day, the stock rose to $4.755 and sunk to $4.42 before settling in for the price of $4.42 at the close. Taking a more long-term approach, ATUS posted a 52-week range of $3.94-$17.30.


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The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 10.90%. Meanwhile, its Annual Earning per share during the time was 31.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 186.70%. This publicly-traded company’s shares outstanding now amounts to $454.67 million, simultaneously with a float of $388.27 million. The organization now has a market capitalization sitting at $2.14 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.82, while the 200-day Moving Average is $9.51.

Let’s gauge the efficiency of the firm, which has a total of 9000 employees. For the Profitability, stocks gross margin was +48.77, operating margin was +25.19 and Pretax Margin of +12.94.

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 1.60%, in contrast to 59.80% institutional ownership. According to the most recent insider trade that took place on Sep 13, this organization’s Director sold 31,560 shares at the rate of 9.99, making the entire transaction reach 315,284 in total value, affecting insider ownership by 1,323,925. Preceding that transaction, on Dec 14, Company’s Director sold 5,000 for 15.54, making the whole transaction’s value amount to 77,700. This particular insider is now the holder of 3,500 in total.

Altice USA Inc. (ATUS) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 6/29/2022, the organization reported $0.23 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.32) by -$0.09. This company achieved a net margin of +9.81. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.

Altice USA Inc.’s EPS increase for this current 12-month fiscal period is 186.70% and is forecasted to reach 0.86 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 0.60. The Stock has managed to achieve an average true range (ATR) of 0.41. Alongside those numbers, its PE Ratio stands at $3.38, and its Beta score is 1.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.22. Similarly, its price to free cash flow for trailing twelve months is now 2.59.

In the same vein, ATUS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.39, a figure that is expected to reach 0.22 in the next quarter, and analysts are predicting that it will be 0.86 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 9.08 million that shows progress from its year to date volume of 5.21 million. During the previous 9 days, stock’s Stochastic %D was recorded 31.52% While, its Average True Range was 0.41.

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