On Friday, Altice USA Inc (NYSE: ATUS) was 8.64% up from the session before settling in for the closing price of $2.43. A 52-week range for ATUS has been $1.52 – $3.66.
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Annual sales at Communication Services sector company slipped by -0.65% over the past five years. When this article was written, the company’s average yearly earnings per share was at 0.73%. With a float of $206.10 million, this company’s outstanding shares have now reached $271.77 million.
Let’s look at the performance matrix of the company that is accounted for 10600 employees. 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) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Altice USA Inc stocks. The insider ownership of Altice USA Inc is 55.52%, while institutional ownership is 45.40%. The most recent insider transaction that took place on Oct 31 ’24, was worth 19,728,062. In this transaction Director of this company sold 805,227 shares at a rate of $24.50, taking the stock ownership to the 35,640,090 shares. Before that another transaction happened on Oct 30 ’24, when Company’s Director sold 805,227 for $24.50, making the entire transaction worth $19,728,062. This insider now owns 36,445,317 shares in total.
Altice USA Inc (ATUS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 0.73% per share during the next fiscal year.
Altice USA Inc (NYSE: ATUS) Trading Performance Indicators
You can see what Altice USA Inc (ATUS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.14. Likewise, its price to free cash flow for the trailing twelve months is 3.83.
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)
Altice USA Inc (NYSE: ATUS) saw its 5-day average volume 4.19 million, a positive change from its year-to-date volume of 3.43 million. As of the previous 9 days, the stock’s Stochastic %D was 68.00%. Additionally, its Average True Range was 0.15.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 90.40%, which indicates a significant increase from 79.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.40% in the past 14 days, which was lower than the 70.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.27, while its 200-day Moving Average is $2.21. Nevertheless, the first resistance level for the watch stands at $2.76 in the near term. At $2.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.00. If the price goes on to break the first support level at $2.52, it is likely to go to the next support level at $2.40. Assuming the price breaks the second support level, the third support level stands at $2.28.
Altice USA Inc (NYSE: ATUS) Key Stats
There are 460,583K outstanding shares of the company, which has a market capitalization of 1.32 billion. As of now, sales total 9,237 M while income totals 53,200 K. Its latest quarter income was 2,241 M while its last quarter net income were 15,360 K.
