Altice USA Inc (NYSE: ATUS) on Tuesday, plunged -3.85% from the previous trading day, before settling in for the closing price of $2.08. Within the past 52 weeks, ATUS’s price has moved between $1.52 and $3.20.
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Annual sales at Communication Services sector company slipped by -1.71% over the past five years. The company achieved an average annual earnings per share of 22.70%. With a float of $232.09 million, this company’s outstanding shares have now reached $283.50 million.
Let’s look at the performance matrix of the company that is accounted for 10900 employees. 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
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Altice USA Inc is 50.38%, while institutional ownership is 56.19%. 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 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.70% per share during the next fiscal year.
Altice USA Inc (NYSE: ATUS) Trading Performance Indicators
Altice USA Inc (ATUS) is currently performing well based on its current performance indicators. A quick ratio of 0.36 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11.
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 -0.02 in one year’s time.
Technical Analysis of Altice USA Inc (ATUS)
Altice USA Inc (NYSE: ATUS) saw its 5-day average volume 2.52 million, a negative change from its year-to-date volume of 3.33 million. As of the previous 9 days, the stock’s Stochastic %D was 6.67%. Additionally, its Average True Range was 0.13.
During the past 100 days, Altice USA Inc’s (ATUS) raw stochastic average was set at 2.44%, which indicates a significant decrease from 7.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.71% in the past 14 days, which was lower than the 63.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.37, while its 200-day Moving Average is $2.49. Nevertheless, the first resistance level for the watch stands at $2.08 in the near term. At $2.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.21. If the price goes on to break the first support level at $1.95, it is likely to go to the next support level at $1.89. Assuming the price breaks the second support level, the third support level stands at $1.81.
Altice USA Inc (NYSE: ATUS) Key Stats
Market capitalization of the company is 935.45 million based on 467,697K outstanding shares. Right now, sales total 8,954 M and income totals -102,920 K. The company made 2,152 M in profit during its latest quarter, and -75,680 K in sales during its previous quarter.
