Altice Usa Stock Analysis

ATUS Stock  USD 2.58  0.05  1.90%   
Altice USA is undervalued with Real Value of 3.09 and Target Price of 4.74. The main objective of Altice USA stock analysis is to determine its intrinsic value, which is an estimate of what Altice USA is worth, separate from its market price. There are two main types of Altice USA's stock analysis: fundamental analysis and technical analysis.
The Altice USA stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Altice USA is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Altice Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altice USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.

Altice Stock Analysis Notes

About 48.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.18. Altice USA recorded a loss per share of 0.37. The entity last dividend was issued on the 7th of June 2018. Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. The company was incorporated in 2015 and is headquartered in Long Island City, New York. Altice USA operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. It employs 9000 people. For more info on Altice USA please contact Dexter Goei at 516 803 2300 or go to https://www.alticeusa.com.

Altice USA Quarterly Total Revenue

2.23 Billion

Altice USA Investment Alerts

Altice USA appears to be risky and price may revert if volatility continues
Altice USA currently holds 25.39 B in liabilities. Altice USA has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Altice USA's use of debt, we should always consider it together with its cash and equity.
Latest headline from investing.com: Altice USA director Patrick Drahi sells shares worth 19.7 million

Altice USA Upcoming and Recent Events

14th of February 2024
Upcoming Quarterly Report
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1st of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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14th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Altice Largest EPS Surprises

Earnings surprises can significantly impact Altice USA's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-05-03
2023-03-310.040.060.0250 
2019-11-05
2019-09-300.150.12-0.0320 
2018-11-05
2018-09-300.010.040.03300 
View All Earnings Estimates

Altice USA Environmental, Social, and Governance (ESG) Scores

Altice USA's ESG score is a quantitative measure that evaluates Altice USA's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Altice USA's operations that may have significant financial implications and affect Altice USA's stock price as well as guide investors towards more socially responsible investments.

Altice Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Massachusetts Financial Services Company2024-06-30
5.7 M
Primecap Management Company2024-06-30
4.9 M
Citadel Advisors Llc2024-06-30
4.7 M
Diameter Capital Partners Lp2024-06-30
4.2 M
Mount Capital Ltd2024-06-30
3.9 M
Cerberus Capital Management Lp2024-06-30
3.7 M
Ares Management Llc2024-06-30
3.5 M
Ubs Group Ag2024-06-30
3.4 M
Deutsche Bank Ag2024-06-30
3.4 M
Fmr Inc2024-06-30
31.9 M
Clarkston Capital Partners, Llc2024-06-30
31.2 M
Note, although Altice USA's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Altice Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.2 B.

Altice Profitablity

The company has Profit Margin (PM) of (0.02) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.2 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.2.
Last ReportedProjected for Next Year
Return On Capital Employed 0.06  0.10 
Return On Equity(0.13)(0.13)

Management Efficiency

Altice USA has return on total asset (ROA) of 0.0355 % which means that it generated a profit of $0.0355 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.8242 %, meaning that it created $0.8242 on every $100 dollars invested by stockholders. Altice USA's management efficiency ratios could be used to measure how well Altice USA manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.10 in 2024, whereas Return On Tangible Assets are likely to drop 0 in 2024. At this time, Altice USA's Total Current Assets are comparatively stable compared to the past year. Debt To Assets is likely to gain to 1.06 in 2024, whereas Other Assets are likely to drop slightly above 80.9 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share(0.96)(1.00)
Tangible Book Value Per Share(50.48)(53.00)
Enterprise Value Over EBITDA 7.36  10.90 
Price Book Value Ratio(3.50)(3.68)
Enterprise Value Multiple 7.36  10.90 
Price Fair Value(3.50)(3.68)
Enterprise Value42.9 B45 B
Altice USA benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Operating Margin
0.2027
Profit Margin
(0.02)
Beta
1.523
Return On Assets
0.0355
Return On Equity
0.8242

Technical Drivers

As of the 8th of November, Altice USA shows the Risk Adjusted Performance of 0.1705, downside deviation of 2.7, and Mean Deviation of 2.94. Altice USA technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Altice USA variance and potential upside to decide if Altice USA is priced correctly, providing market reflects its regular price of 2.58 per share. Please also double-check Altice USA total risk alpha, which is currently at (0.08) to validate the company can sustain itself at a future point.

Altice USA Price Movement Analysis

Execute Study
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Altice USA middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Altice USA. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Altice USA Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Altice USA insiders, such as employees or executives, is commonly permitted as long as it does not rely on Altice USA's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Altice USA insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Altice USA Outstanding Bonds

Altice USA issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Altice USA uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Altice bonds can be classified according to their maturity, which is the date when Altice USA has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Altice USA Predictive Daily Indicators

Altice USA intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Altice USA stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Altice USA Corporate Filings

F4
7th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
6th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
5th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
4th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
1st of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
31st of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
30th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
29th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Altice USA Forecast Models

Altice USA's time-series forecasting models are one of many Altice USA's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Altice USA's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Altice Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Altice USA prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Altice shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Altice USA. By using and applying Altice Stock analysis, traders can create a robust methodology for identifying Altice entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.01  0.01 
Operating Profit Margin 0.21  0.13 
Net Profit Margin 0.01  0.01 
Gross Profit Margin 0.49  0.48 

Current Altice Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Altice analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Altice analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
4.74Hold19Odds
Altice USA current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Altice analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Altice stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Altice USA, talking to its executives and customers, or listening to Altice conference calls.
Altice Analyst Advice Details

Altice Stock Analysis Indicators

Altice USA stock analysis indicators help investors evaluate how Altice USA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Altice USA shares will generate the highest return on investment. By understating and applying Altice USA stock analysis, traders can identify Altice USA position entry and exit signals to maximize returns.
Begin Period Cash Flow305.8 M
Long Term Debt24.6 B
Common Stock Shares Outstanding455 M
Total Stockholder Equity-422.2 M
Tax Provision39.5 M
Quarterly Earnings Growth Y O Y-0.824
Property Plant And Equipment Net8.4 B
Cash And Short Term Investments302.3 M
Cash302.3 M
Accounts Payable937 M
Net Debt25.1 B
50 Day M A2.2996
Total Current Liabilities2.3 B
Other Operating Expenses7.3 B
Non Current Assets Total31.9 B
Forward Price Earnings8.4388
Non Currrent Assets Other81.9 M
Stock Based Compensation47.9 M

Additional Tools for Altice Stock Analysis

When running Altice USA's price analysis, check to measure Altice USA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.