On Friday, Altice USA Inc (NYSE: ATUS) opened higher 3.30% from the last session, before settling in for the closing price of $2.73. Price fluctuations for ATUS have ranged from $1.52 to $3.20 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Communication Services sector company slipped by -2.06% over the past five years. Company’s average yearly earnings per share was noted 22.55% at the time writing. With a float of $234.73 million, this company’s outstanding shares have now reached $278.98 million.
Let’s look at the performance matrix of the company that is accounted for 10900 employees. In terms of profitability, gross margin is 54.58%, operating margin of 18.81%, and the pretax margin is -0.92%.
Altice USA Inc (ATUS) Insider Updates
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 49.47%, while institutional ownership is 53.26%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.55% 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 0.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15. Likewise, its price to free cash flow for the trailing twelve months is 8.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.22, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Altice USA Inc (ATUS)
Altice USA Inc (NYSE: ATUS) saw its 5-day average volume 3.99 million, a positive change from its year-to-date volume of 3.3 million. As of the previous 9 days, the stock’s Stochastic %D was 23.34%. Additionally, its Average True Range was 0.20.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 66.07%, which indicates a significant increase from 34.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.84% in the past 14 days, which was lower than the 57.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.65, while its 200-day Moving Average is $2.30. Nevertheless, the first resistance level for the watch stands at $2.90 in the near term. At $2.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.09. If the price goes on to break the first support level at $2.70, it is likely to go to the next support level at $2.59. Assuming the price breaks the second support level, the third support level stands at $2.51.
Altice USA Inc (NYSE: ATUS) Key Stats
There are currently 461,625K shares outstanding in the company with a market cap of 1.31 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.
