On Friday, Altice USA Inc (NYSE: ATUS) was -0.42% drop from the session before settling in for the closing price of $2.37. A 52-week range for ATUS has been $1.52 – $3.20.
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A company in the Communication Services sector has dropped its sales by -1.67% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 8.66%. With a float of $228.47 million, this company’s outstanding shares have now reached $278.98 million.
In an organization with 10900 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 67.65%, operating margin of 18.76%, and the pretax margin is -0.92%.
Altice USA Inc (ATUS) Insider and Institutional Ownership
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 50.68%, while institutional ownership is 53.01%. 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) Latest Financial update
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 8.66% 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 0.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12. Likewise, its price to free cash flow for the trailing twelve months is 7.32.
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 -0.14 in one year’s time.
Technical Analysis of Altice USA Inc (ATUS)
Let’s dig in a bit further. During the last 5-days, its volume was 3.41 million. That was better than the volume of 3.21 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 43.24%. Additionally, its Average True Range was 0.18.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 29.41%, which indicates a significant decrease from 63.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.09% in the past 14 days, which was higher than the 60.83% 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 $2.38. However, in the short run, Altice USA Inc’s stock first resistance to watch stands at $2.41. Second resistance stands at $2.46. The third major resistance level sits at $2.50. If the price goes on to break the first support level at $2.31, it is likely to go to the next support level at $2.27. The third support level lies at $2.22 if the price breaches the second support level.
Altice USA Inc (NYSE: ATUS) Key Stats
There are 463,230K outstanding shares of the company, which has a market capitalization of 1.09 billion. As of now, sales total 8,954 M while income totals -102,920 K. Its latest quarter income was 2,235 M while its last quarter net income were -54,120 K.
