Altice USA, Inc. (ATUS)

NYSE: ATUS · IEX Real-Time Price · USD
4.03
+0.13 (3.33%)
At close: Dec 9, 2022 4:00 PM
3.98
-0.05 (-1.24%)
After-hours: Dec 9, 2022 7:23 PM EST
3.33%
Market Cap 1.83B
Revenue (ttm) 9.80B
Net Income (ttm) 639.34M
Shares Out 453.24M
EPS (ttm) 1.25
PE Ratio 3.22
Forward PE 3.82
Dividend n/a
Ex-Dividend Date n/a
Volume 4,810,849
Open 3.85
Previous Close 3.9
Day's Range 3.82 - 4.03
52-Week Range 3.68 - 17.23
Beta 1.40
Analysts Buy
Price Target 9.56 (+137.2%)
Earnings Date Nov 2, 2022

About ATUS

Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to approximately five million residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile... [Read more]

Industry Media
IPO Date Jun 22, 2017
CEO Dexter Goei
Employees 9,000
Stock Exchange NYSE
Ticker Symbol ATUS
Full Company Profile

Financial Performance

In 2021, Altice USA's revenue was $10.09 billion, an increase of 1.98% compared to the previous year's $9.89 billion. Earnings were $990.31 million, an increase of 127.04%.

Financial Statements

Analyst Forecast

According to 33 analysts, the average rating for ATUS stock is "Buy." The 12-month stock price forecast is 9.56, which is an increase of 137.22% from the latest price.

Price Target
$9.56
(137.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Is Altice USA, Inc. (ATUS) Down 7.7% Since Last Earnings Report?

Altice USA, Inc. (ATUS) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

Altice stock drops after Suddenlink strategic review concludes, as company decides to keep the business

Shares of Altice USA Inc. ATUS, +1.79% were off more than 6% in premarket trading Thursday after the telecommunications company provided an update upon the conclusion of its strategic review into the Su...

1 week ago - Market Watch

Altice USA Concludes Its Review of Strategic Alternatives for Suddenlink Business

NEW YORK--( BUSINESS WIRE )--Altice USA, Inc. (NYSE: ATUS) announces today that it has concluded its previously announced review of strategic alternatives for its Suddenlink business.

1 week ago - Business Wire

Lightpath Announces Addition of Inge Smidts, John Ghirardelli, and Nick Brown to its Board of Managers

NEW YORK , Nov. 29, 2022 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, today announ...

1 week ago - PRNewsWire

Lightpath Announces GRESB Score of 96 and 5-Star Rating

Score Places Lightpath First in its Peer Group in the Americas NEW YORK , Nov. 16, 2022 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how o...

3 weeks ago - PRNewsWire

Altice (ATUS) Misses Q3 Earnings Estimates on Lower Revenues

Altice's (ATUS) third-quarter 2022 results reflect the adverse impact of a challenging macroeconomic environment and business uncertainties.

1 month ago - Zacks Investment Research

Altice USA stock sinks after tough third quarter earnings

Altice USA's stock sunk more than 20% Thursday after a weak earnings report

1 month ago - CNBC

Altice shares under pressure following earnings, holds $24 billion in debt

CNBC's David Faber and the 'Squawk on the Street' team discuss shares of Altice, which were under pressure on Thursday morning following the company's latest earnings report.

1 month ago - CNBC Television

Altice stock slammed after earnings suggest ‘the path forward is painful'

Altice USA Inc. was set to shed roughly a quarter of its value Thursday after the company saw profit plunge in what one analyst called a series of “dismal” results.

1 month ago - Market Watch

Altice USA, Inc. (ATUS) Lags Q3 Earnings and Revenue Estimates

Altice USA, Inc. (ATUS) delivered earnings and revenue surprises of -44.12% and 2.50%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Altice USA stock falls as results miss expectations amid ‘macroeconomic pressures'

Shares of Altice USA Inc. ATUS, -6.57% fell after hours on Wednesday, after the broadband and video-services provider reported third-quarter results that missed expectations. The company, whose offering...

1 month ago - Market Watch

Altice USA Reports Third Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the third quarter ended September 30, 2022.

1 month ago - Business Wire

LIGHTPATH ENTERS THE MIAMI CONNECTIVITY MARKET WITH 135-MILE ALL-FIBER NETWORK THROUGHOUT REGION

Subterranean Network in Miami Will Be Customer-Ready in January 2023 NEW YORK and MIAMI , Nov. 2, 2022 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolu...

1 month ago - PRNewsWire

Altice USA to Hold Conference Call to Discuss Q3 2022 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, November 2, 2022 at 4:30 p.m.

1 month ago - Business Wire

Vodafone and Altice in German tie-up to bring fibre broadband to homes

Britain's Vodafone and France's Altice said they would create a joint venture in Germany named FibreCo to provide faster fibre broadband to up to 7 million homes over a six-year period.

Other symbols: VOD
1 month ago - Reuters

New Strong Sell Stocks for September 26th

EGRX, ACCO and ATUS have been added to the Zacks Rank #5 (Strong Sell) List on September 26, 2022.

Other symbols: ACCOEGRX
2 months ago - Zacks Investment Research

Lightpath Completes Network Build Marking Entrance into Princeton, NJ

Company Enters Princeton Market with new 54-mile, All-Fiber Network NEW YORK , Sept. 14, 2022 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing...

2 months ago - PRNewsWire

Altice USA Appoints Dennis Mathew Chief Executive Officer; Names Dexter Goei Executive Chairman of the Board

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that its Board of Directors has appointed Dennis Mathew to the position of Chief Executive Officer, effective October 3, 2022. Mr. Math...

3 months ago - Business Wire

Lightpath Announces Connecticut Network Expansion

New 70+ Route Mile Fiber Build Connects Trumbull and Norwalk, CT to Katonah, NY NEW YORK , Sept. 7, 2022 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revo...

3 months ago - PRNewsWire

Why Is Altice USA, Inc. (ATUS) Down 13.2% Since Last Earnings Report?

Altice USA, Inc. (ATUS) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Altice USA to Participate in the Goldman Sachs Communacopia + Technology Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dexter Goei, CEO, will participate in the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 13, 2022. The f...

3 months ago - Business Wire

Altice USA targeting private equity infrastructure funds in early Suddenlink sale negotiations, sources say

Altice may look to draft off potential sale of WideOpenWest to get higher valuation for Suddenlink cable assets, sources say.

4 months ago - CNBC

Altice (ATUS) Surpasses Q2 Earnings & Revenue Estimates

Altice's (ATUS) second-quarter 2022 results reflect progress on growth strategies by accelerating the network enhancement and customer experience.

4 months ago - Zacks Investment Research

Altice USA, Inc. (ATUS) Q2 Earnings and Revenues Top Estimates

Altice USA, Inc. (ATUS) delivered earnings and revenue surprises of 6.06% and 0.52%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Altice USA Reports Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the second quarter ended June 30, 2022. Dexter Goei, Altice USA Chief Executive Officer, said: “In the second quarter, we beg...

4 months ago - Business Wire