On Monday, Altice USA Inc (NYSE: ATUS) was 4.26% up from the session before settling in for the closing price of $2.58. A 52-week range for ATUS has been $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%. When this article was written, the company’s average yearly earnings per share was at -119.84%. With a float of $206.65 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 54.71%, operating margin of 20.19%, and the pretax margin is -1.89%.
Altice USA Inc (ATUS) Insider Activity
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 55.54%, while institutional ownership is 45.85%. The most recent insider transaction that took place on Nov 07 ’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 31,613,955 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Director sold 805,227 for $24.50, making the entire transaction worth $19,728,062. This insider now owns 32,419,182 shares in total.
Altice USA Inc (ATUS) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.26 earnings per share (EPS) during the time that was less than consensus figure (set at 0.07) by -0.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -119.84% 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 0.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 4.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.37, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of Altice USA Inc (ATUS)
Compared to the last year’s volume of 3.5 million, its volume of 5.52 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 65.94%. Additionally, its Average True Range was 0.18.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 92.13%, which indicates a significant increase from 81.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.77% in the past 14 days, which was lower than the 69.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.36, while its 200-day Moving Average is $2.21. Nevertheless, the first resistance level for the watch stands at $2.78 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 $2.56, it is likely to go to the next support level at $2.44. Should the price break the second support level, the third support level stands at $2.34.
Altice USA Inc (NYSE: ATUS) Key Stats
There are 460,583K outstanding shares of the company, which has a market capitalization of 1.22 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.
