Currently, there are 271.77M common shares owned by the public and among those 231.81M shares have been available to trade.
Insiders at the company have transacted a total of 14 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 12 of these insider trades were purchases, accounting for 2,068,013 shares. Insider sales of the common stock occurred on 2 occasions, with total insider shares sold totaling 1,575,153 shares.
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However, the script later moved the day high at 2.9900, up 36.07%. The company’s stock has a 5-day price change of 24.50% and 8.26% over the past three months. ATUS shares are trading -23.38% year to date (YTD), with the 12-month market performance down to -40.43% lower. It has a 12-month low price of $1.75 and touched a high of $4.26 over the same period. ATUS has an average intraday trading volume of 4.67 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 14.22%, 1.34%, and -10.50% respectively.
Institutional ownership of Altice USA Inc (NYSE: ATUS) shares accounts for 50.13% of the company’s 271.77M shares outstanding.
It has a market capitalization of $1.14B and a beta (3y monthly) value of 1.25. The stock’s trailing 12-month PE ratio is 21.32, while the earnings-per-share (ttm) stands at $0.12. Price movements for the stock have been influenced by the stock’s volatility, which stands at 18.73% over the week and 10.86% over the month.
Analysts forecast that Altice USA Inc (ATUS) will achieve an EPS of $0 for the current quarter, $0.06 for the next quarter and $0.36 for 2025. The lowest estimate earnings-per-share for the quarter is -$0.04 while analysts give the company a high EPS estimate of $0.04. Comparatively, EPS for the current quarter was $0.06 a year ago. Earnings per share for the fiscal year are expected to increase by 109.44%, and 0.65% over the next financial year.
TD Securities coverage for the Altice USA Inc (ATUS) stock in a research note released on January 23, 2023 offered a Hold rating with a price target of $6. Goldman was of a view on January 10, 2023 that the stock is Neutral, while BofA Securities gave the stock Underperform rating on December 08, 2022, issuing a price target of $3.50. New Street on their part issued Neutral rating on December 01, 2022.
