On Friday, Altice USA Inc (NYSE: ATUS) opened higher 2.68% from the last session, before settling in for the closing price of $2.61. Price fluctuations for ATUS have ranged from $1.52 to $3.66 over the past 52 weeks.
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Annual sales at Communication Services sector company slipped by -0.65% over the past five years. Company’s average yearly earnings per share was noted -134.12% at the time writing. With a float of $210.39 million, this company’s outstanding shares have now reached $276.97 million.
Let’s look at the performance matrix of the company that is accounted for 10600 employees. In terms of profitability, gross margin is 50.14%, operating margin of 20.19%, and the pretax margin is -1.89%.
Altice USA Inc (ATUS) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Altice USA Inc is 54.38%, while institutional ownership is 52.28%. The most recent insider transaction that took place on Dec 12 ’24, was worth 19,728,135. In this transaction Director of this company sold 805,230 shares at a rate of $24.50, taking the stock ownership to the 12,288,492 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Director sold 805,230 for $24.50, making the entire transaction worth $19,728,135. This insider now owns 13,093,722 shares in total.
Altice USA Inc (ATUS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -134.12% per share during the next fiscal year.
Altice USA Inc (NYSE: ATUS) Trading Performance Indicators
Check out the current performance indicators for Altice USA Inc (ATUS). In the past 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 0.14. Likewise, its price to free cash flow for the trailing twelve months is 4.22.
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 0.01 in one year’s time.
Technical Analysis of Altice USA Inc (ATUS)
Altice USA Inc (NYSE: ATUS) saw its 5-day average volume 3.92 million, a positive change from its year-to-date volume of 3.5 million. As of the previous 9 days, the stock’s Stochastic %D was 83.85%. Additionally, its Average True Range was 0.16.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 88.55%, which indicates a significant decrease from 95.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.89% in the past 14 days, which was lower than the 69.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.50, while its 200-day Moving Average is $2.24. Nevertheless, the first resistance level for the watch stands at $2.73 in the near term. At $2.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.87. If the price goes on to break the first support level at $2.59, it is likely to go to the next support level at $2.49. The third support level lies at $2.45 if the price breaches the second support level.
Altice USA Inc (NYSE: ATUS) Key Stats
There are currently 461,625K shares outstanding in the company with a market cap of 1.27 billion. Presently, the company’s annual sales total 9,237 M according to its annual income of 53,200 K. Last quarter, the company’s sales amounted to 2,228 M and its income totaled -42,970 K.
