On Friday, Altice USA Inc (NYSE: ATUS) was 6.87% up from the session before settling in for the closing price of $2.91. A 52-week range for ATUS has been $1.52 – $3.18.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales slided by -1.32%. When this article was written, the company’s average yearly earnings per share was at -143.36%. With a float of $219.32 million, this company’s outstanding shares have now reached $276.97 million.
The extent of productivity of a business whose workforce counts for 10600 workers is very important to gauge. 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 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 52.44%, while institutional ownership is 51.98%. The most recent insider transaction that took place on Dec 24 ’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 5,846,652 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Director sold 805,230 for $24.50, making the entire transaction worth $19,728,135. This insider now owns 6,651,882 shares in total.
Altice USA Inc (ATUS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -143.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.86% during the next five years compared to 35.28% growth over the previous five years of trading.
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 0.16. Likewise, its price to free cash flow for the trailing twelve months is 4.77.
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)
The latest stats from [Altice USA Inc, ATUS] show that its last 5-days average volume of 2.85 million was inferior to 3.06 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 85.21%. Additionally, its Average True Range was 0.16.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 98.60%, which indicates a significant increase from 97.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.64% in the past 14 days, which was lower than the 60.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.56, while its 200-day Moving Average is $2.24. Now, the first resistance to watch is $3.20. This is followed by the second major resistance level at $3.28. The third major resistance level sits at $3.44. If the price goes on to break the first support level at $2.96, it is likely to go to the next support level at $2.80. Assuming the price breaks the second support level, the third support level stands at $2.72.
Altice USA Inc (NYSE: ATUS) Key Stats
There are 461,625K outstanding shares of the company, which has a market capitalization of 1.43 billion. As of now, sales total 9,237 M while income totals 53,200 K. Its latest quarter income was 2,228 M while its last quarter net income were -42,970 K.
