Altice USA Inc (ATUS) 14-day ATR is 0.19: This Stock is Set to Soar Above its Peers

Altice USA Inc (NYSE: ATUS) open the trading on Wednesday, with a bit cautious approach as it glided -3.70% to $2.34, before settling in for the price of $2.43 at the close. Taking a more long-term approach, ATUS posted a 52-week range of $1.75-$3.82.

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The Communication Services Sector giants’ yearly sales growth during the last 5-year period was -0.65%. Meanwhile, its Annual Earning per share during the time was 35.28%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 88.22%. This publicly-traded company’s shares outstanding now amounts to $271.77 million, simultaneously with a float of $202.22 million. The organization now has a market capitalization sitting at $1.07 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.45, while the 200-day Moving Average is $2.78.

Altice USA Inc (ATUS) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Telecom Services industry. Altice USA Inc’s current insider ownership accounts for 55.67%, in contrast to 51.18% institutional ownership.

Altice USA Inc (ATUS) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted -$0.26 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.07) by -$0.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.

Altice USA Inc’s EPS increase for this current 12-month fiscal period is 88.22% and is forecasted to reach 0.19 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -0.20% through the next 5 years, which can be compared against the 35.28% growth it accomplished over the previous five years trading on the market.

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 0.36. The Stock has managed to achieve an average true range (ATR) of 0.19. Alongside those numbers, its PE Ratio stands at $20.03, and its Beta score is 1.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.12. Similarly, its price to free cash flow for trailing twelve months is now 8.78.

In the same vein, ATUS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.12, a figure that is expected to reach -0.00 in the next quarter, and analysts are predicting that it will be 0.19 at the market close of one year from today.

Technical Analysis of Altice USA Inc (ATUS)

[Altice USA Inc, ATUS] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 48.28% While, its Average True Range was 0.19.

Raw Stochastic average of Altice USA Inc (ATUS) in the period of the previous 100 days is set at 31.07%, which indicates a major rise in contrast to 28.61% 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 47.92% that was lower than 100.19% volatility it exhibited in the past 100-days period.