Altice USA Inc (NYSE: ATUS) kicked off on Friday, down -3.35% from the previous trading day, before settling in for the closing price of $2.39. Over the past 52 weeks, ATUS has traded in a range of $1.52-$3.66.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Communication Services sector was -0.65%. While this was happening, its average annual earnings per share was recorded -1.72%. With a float of $204.86 million, this company’s outstanding shares have now reached $271.77 million.
Considering the fact that the conglomerate employs 10600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 54.44%, operating margin of 20.52%, and the pretax margin is -0.19%.
Altice USA Inc (ATUS) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Altice USA Inc is 55.52%, while institutional ownership is 45.89%.
Altice USA Inc (ATUS) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.15 earnings per share (EPS), higher than consensus estimate (set at 0.06) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.72% per share during the next fiscal year.
Altice USA Inc (NYSE: ATUS) Trading Performance Indicators
Take a look at Altice USA Inc’s (ATUS) current performance indicators. Last quarter, stock had a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12. Likewise, its price to free cash flow for the trailing twelve months is 3.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of Altice USA Inc (ATUS)
Compared to the last year’s volume of 3.44 million, its volume of 2.05 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 21.41%. Additionally, its Average True Range was 0.14.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 62.20%, which indicates a significant increase from 10.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.21% in the past 14 days, which was lower than the 71.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.11, while its 200-day Moving Average is $2.22. Nevertheless, the first resistance level for the watch stands at $2.38 in the near term. At $2.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.49. If the price goes on to break the first support level at $2.27, it is likely to go to the next support level at $2.22. Now, if the price goes above the second support level, the third support stands at $2.16.
Altice USA Inc (NYSE: ATUS) Key Stats
The company with the Market Capitalisation of 1.06 billion has total of 459,962K Shares Outstanding. Its annual sales at the moment are 9,237 M in contrast with the sum of 53,200 K annual income. Company’s last quarter sales were recorded 2,241 M and last quarter income was 15,360 K.
