Altice USA, Inc. (ATUS)

NYSE: ATUS · IEX Real-Time Price · USD
1.960
+0.050 (2.62%)
Apr 24, 2024, 4:00 PM EDT - Market closed
2.62%
Market Cap 893.99M
Revenue (ttm) 9.24B
Net Income (ttm) 53.20M
Shares Out 456.12M
EPS (ttm) 0.12
PE Ratio 15.92
Forward PE 7.77
Dividend n/a
Ex-Dividend Date n/a
Volume 2,328,144
Open 1.880
Previous Close 1.910
Day's Range 1.845 - 1.990
52-Week Range 1.745 - 3.820
Beta 1.34
Analysts Hold
Price Target 2.97 (+51.53%)
Earnings Date May 2, 2024

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 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 applications. In addition,... [Read more]

IPO Date Jun 22, 2017
Employees 10,600
Stock Exchange NYSE
Ticker Symbol ATUS
Full Company Profile

Financial Performance

In 2023, Altice USA's revenue was $9.24 billion, a decrease of -4.26% compared to the previous year's $9.65 billion. Earnings were $53.20 million, a decrease of -72.66%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ATUS stock is "Hold." The 12-month stock price forecast is $2.97, which is an increase of 51.53% from the latest price.

Price Target
$2.97
(51.53% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Ookla® Ranks Optimum Fiber as Fastest and Most Reliable Internet Speeds in New York and New Jersey

NEW YORK--(BUSINESS WIRE)--Optimum, the provider of advanced internet, mobile, TV, and phone services, today announces that its 100% Fiber Internet network has been recognized by Ookla® Speedtest® for...

Other symbols: ZD
1 day ago - Business Wire

Altice USA to Hold Conference Call to Discuss Q1 2024 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Thursday, May 2, 2024 at 8:30 a.m. ET to discuss financial and operating results for the first quarter ended March 31,...

8 days ago - Business Wire

Optimum Unveils New Brand Platform and Marketing Campaign With Focus on Its Local Communities and Customers

NEW YORK--(BUSINESS WIRE)--Optimum, a brand of Altice USA (NYSE: ATUS), today reveals its new brand platform and marketing campaign, which centers on the company's ability to bring customers and commu...

22 days ago - Business Wire

Optimum to Bring 100% Fiber Internet Network to Montclair and West Orange, New Jersey

MONTCLAIR, N.J. & WEST ORANGE, N.J.--(BUSINESS WIRE)--Optimum today announces the planned deployment of its 100% fiber-to-the-home network in Montclair and West Orange, New Jersey, which will enable t...

23 days ago - Business Wire

Altice USA to Participate in the NSR and BCG Fiber to the Future 2024 Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Marc Sirota, CFO, will participate in the New Street Research and Boston Consulting Group Fiber to the Future Conference on Frid...

5 weeks ago - Business Wire

Altice USA Expands Financial Leadership Team with Appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces the appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller, both reporting to Chief Financial O...

6 weeks ago - Business Wire

Optimum Selects Publicis O1 As Agency of Record

NEW YORK--(BUSINESS WIRE)--Following a competitive review, Optimum, a brand of Altice USA (NYSE: ATUS), announced today it has selected New York-based O1, a Publicis Power of One solution, as its Crea...

7 weeks ago - Business Wire

Altice USA to Participate in the Morgan Stanley Technology, Media & Telecom Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dennis Mathew, Chairman and CEO, will participate in the Morgan Stanley Technology, Media & Telecom Conference on Monday, March ...

7 weeks ago - Business Wire

Charter appears to be the ‘natural buyer' of Altice USA — but how likely is a deal right now?

Charter Communications Inc. “has always been the natural buyer” of Altice USA Inc., according to a Wolfe Research analyst. But could a deal actually happen?

Other symbols: CHTR
2 months ago - Market Watch

Charter Communications to Weigh Altice USA Takeover

Charter Communications is exploring a takeover of smaller cable provider Altice USA, according to people with knowledge of the matter. Abigail Doolittle reports.

Other symbols: CHTR
2 months ago - Bloomberg Markets and Finance

Altice USA shares spike 30% on report Charter is considering acquisition

Altice USA shares spike 30% on report Charter is considering acquisition

2 months ago - CNBC

Altice USA Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the fourth quarter and full year ended December 31, 2023. Dennis Mathew, Altice USA Chairman and Chief Executive Officer, s...

2 months ago - Business Wire

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Altice USA, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Altice USA, In...

2 months ago - Accesswire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Altice USA, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Altice USA, In...

3 months ago - Accesswire

IMPORTANT INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Altice USA, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Altice USA, In...

3 months ago - Accesswire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Altice USA, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Altice USA, In...

3 months ago - Accesswire

Altice USA to Hold Conference Call to Discuss Q4 and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, February 14, 2024 at 4:30 p.m. ET to discuss financial and operating results for the fourth quarter and ful...

3 months ago - Business Wire

Cheddar News furloughs workers days after being sold by Altice USA: report

Altice USA, the US arm of European telecom conglomerate, is the parent company which operates Optimum -- the brand name of what was once Cablevision.

4 months ago - New York Post

3 Charts For Investors to Watch Friday: Alphabet, Tesla, Altice USA

Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to watch.

Other symbols: GOOGGOOGLTSLA
4 months ago - Investopedia

Altice USA sells Cheddar News to private-equity backed media company Archetype

Cheddar News, a unit of Altice USA Inc. ATUS, +7.21%, has been sold to Archetype, owner of Sunset Magazine, Military Times, Defense News and HistoryNet, among other publications, according to a statem...

4 months ago - Market Watch

Cheddar News sold by Altice USA to media company Archetype

Terms of the deal were not officially disclosed, but a person familiar with the matter told CNBC it is structured as a so-called "earn out" structure.

4 months ago - CNBC

Altice USA in talks to sell Cheddar News to private equity firm Regent

Altice USA is in talks to sell financial streaming news service Cheddar to a private-equity firm.

4 months ago - CNBC

Altice USA and Optimum Collaborate with University of Phoenix to Provide Tuition Benefits to Employees

NEW YORK & PHOENIX--(BUSINESS WIRE)--Altice USA / Optimum today announces an agreement with the University of Phoenix to provide employees with tuition benefits at the University. The collaboration su...

5 months ago - Business Wire

Optimum Announces New Leadership Appointments

NEW YORK--(BUSINESS WIRE)--Optimum, a brand of Altice USA (NYSE: ATUS) today announces a leadership structure centered around new dedicated Consumer Services and Business Services divisions, an expans...

5 months ago - Business Wire

Altice USA to Participate in the UBS Global Media and Communications Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dennis Mathew, Chairman and CEO, will participate in the UBS Global Media and Communications Conference on Monday, December 4, 2...

5 months ago - Business Wire