On Friday, Altice USA Inc (NYSE: ATUS) was -14.49% drop from the session before settling in for the closing price of $2.83. 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 32.82%. With a float of $219.70 million, this company’s outstanding shares have now reached $283.50 million.
In an organization with 10900 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 68.12%, operating margin of 18.41%, and the pretax margin is -1.8%.
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 50.38%, while institutional ownership is 56.20%. 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 -0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 32.82% 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 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.01 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 7.06 million. That was better than the volume of 3.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.91%. Additionally, its Average True Range was 0.19.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 34.45%, which indicates a significant increase from 23.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.01% in the past 14 days, which was higher than the 63.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.51, while its 200-day Moving Average is $2.44. However, in the short run, Altice USA Inc’s stock first resistance to watch stands at $2.63. Second resistance stands at $2.84. The third major resistance level sits at $3.02. If the price goes on to break the first support level at $2.25, it is likely to go to the next support level at $2.07. Assuming the price breaks the second support level, the third support level stands at $1.86.
Altice USA Inc (NYSE: ATUS) Key Stats
There are 463,230K outstanding shares of the company, which has a market capitalization of 1.13 billion. As of now, sales total 8,954 M while income totals -102,920 K. Its latest quarter income was 2,152 M while its last quarter net income were -75,680 K.
