Currently, there are 283.50M common shares owned by the public and among those 232.11M shares have been available to trade.
The company’s stock has a 5-day price change of 20.56% and 10.73% over the past three months. ATUS shares are trading 25.24% year to date (YTD), with the 12-month market performance up to 7.05% higher. It has a 12-month low price of $1.52 and touched a high of $3.20 over the same period. ATUS has an average intraday trading volume of 4.30 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 20.42%, 10.82%, and 3.25% respectively.
Institutional ownership of Altice USA Inc (NYSE: ATUS) shares accounts for 58.15% of the company’s 283.50M shares outstanding.
It has a market capitalization of $1.21B and a beta (3y monthly) value of 1.54. The earnings-per-share (ttm) stands at -$0.34. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.93% over the week and 5.78% over the month.
Earnings per share for the fiscal year are expected to increase by 21.07%, and 79.42% over the next financial year.
Looking at the support for the ATUS, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on February 18, 2025, with the firm’s price target at $3.50. UBS coverage for the Altice USA Inc (ATUS) stock in a research note released on August 02, 2024 offered a Neutral rating with a price target of $2. Goldman was of a view on July 01, 2024 that the stock is Sell, while BofA Securities gave the stock Underperform rating on April 24, 2024, issuing a price target of $1.50. JP Morgan on their part issued Underweight rating on April 11, 2024.
