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Altice USA, Inc. (ATUS)

NYSE: ATUS · IEX Real-Time Price · USD
25.65 -0.29 (-1.12%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap11.68B
Revenue (ttm)9.96B
Net Income (ttm)797.57M
Shares Out456.96M
EPS (ttm)1.55
PE Ratio16.56
Forward PE11.98
Dividendn/a
Ex-Dividend Daten/a
Volume7,252,833
Open26.03
Previous Close25.94
Day's Range25.38 - 26.13
52-Week Range25.08 - 38.30
Beta1.09
AnalystsBuy
Price Target40.62 (+58.4%)
Est. Earnings DateOct 28, 2021

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 5 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 ap...

IndustryMedia
IPO DateJun 22, 2017
CEODexter Goei
Employees8,900
Stock ExchangeNYSE
Ticker SymbolATUS
Full Company Profile

Financial Performance

In 2020, Altice USA's revenue was $9.89 billion, an increase of 1.37% compared to the previous year's $9.76 billion. Earnings were $436.18 million, an increase of 213.95%.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for Altice USA stock is "Buy." The 12-month stock price forecast is 40.62, which is an increase of 58.36% from the latest price.

Price Target
$40.62
(58.36% upside)
Analyst Consensus: Buy

News

Altice USA Announces Leadership Changes

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Hakim Boubazine, Chief Operating Officer and President of Telecommunications, has resigned from the Company. Altice USA Chief Exec...

1 week ago - Business Wire

Why Is Altice USA, Inc. (ATUS) Down 10.7% Since Last Earnings Report?

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

3 weeks ago - Zacks Investment Research

Altice's (ATUS) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Altice (ATUS) beats second-quarter 2021 earnings estimates on modest revenue growth, network footprint expansion, new customer additions and robust broadband demand.

1 month ago - Zacks Investment Research

Altice USA, Inc. (ATUS) Q2 Earnings Surpass Estimates

Altice USA, Inc. (ATUS) delivered earnings and revenue surprises of 10.64% and -0.01%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Altice USA Reports Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the second quarter ended June 30, 2021. Dexter Goei, Altice USA Chief Executive Officer, said: “As the states and businesses ...

1 month ago - Business Wire

Altice (ATUS) Rebrands Mobile Service Under One National Brand

The corporate rebranding exercise from Altice (ATUS) is likely to better resonate the objectives of the company and offer seamless connectivity to all users.

1 month ago - Zacks Investment Research

Altice (ATUS) to Report Q2 Earnings: What's in the Cards?

Altice's (ATUS) performance in the second quarter of 2021 is likely to have benefited from increased demand for broadband and higher speeds.

1 month ago - Zacks Investment Research

Altice Mobile is Now Optimum Mobile

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces the rebrand of its nationwide mobile service to Optimum Mobile on July 25, 2021. This transition represents the first step in the Compa...

1 month ago - Business Wire

Altice USA, Inc. (ATUS) Earnings Expected to Grow: Should You Buy?

Altice USA, Inc. (ATUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Altice's adtech firm Teads targets $5 billion valuation in U.S. IPO

(Reuters) -Advertising technology company Teads BV, owned by French telecom company Altice, said on Wednesday it aims to raise up to $808.5 million through an initial public offering on the Nasdaq at a ...

1 month ago - Reuters

Altice (ATUS) Boosts OTT Experience With New 4K Streaming Devices

Altice (ATUS) unveils 4K enabled streaming devices, Optimum Stream and Suddenlink Stream, to enhance the OTT content streaming experience among broadband-only customers.

1 month ago - Zacks Investment Research

Altice USA Introduces Optimum Stream and Suddenlink Stream: A Best-in-Class Streaming Experience for the Company's Br...

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today unveils Optimum Stream and Suddenlink Stream, a new 4K streaming device available to the company's broadband-only customers. Powered by Android T...

1 month ago - Business Wire

Altice USA to Hold Conference Call to Discuss Q2 2021 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE:ATUS) will host a conference call on Wednesday, July 28, 2021 at 4:30 p.m. EDT to discuss financial and operating results for the second quarter ended June 30...

2 months ago - Business Wire

Why the Earnings Surprise Streak Could Continue for Altice USA, Inc. (ATUS)

Altice USA, Inc. (ATUS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

Altice USA (ATUS) Sees Hammer Chart Pattern: Time to Buy?

Altice USA (ATUS) has been struggling lately, but the selling pressure may be coming to an end soon

2 months ago - Zacks Investment Research

What Makes Altice (ATUS) a Promising Pick for Investors Now?

Altice (ATUS) is likely to benefit from greater scale, operating efficiency and additional investments, which are at the core of its business strategy.

2 months ago - Zacks Investment Research

Charter and Altice Executives Agree Cable TV Is at a Dangerous Tipping Point

The cable television industry's top brass are no longer sugar-coating the depth of the hole that streaming alternatives have put the industry in.

Other symbols:CHTR
2 months ago - The Motley Fool

New Strong Buy Stocks for June 18th

New Strong Buy Stocks for June 18th

Other symbols:FISIGLOPHSICLCII
2 months ago - Zacks Investment Research

Lightpath Enters The Boston Fiber Connectivity Market Accelerated By Three Acquisitions

NEW YORK  and BOSTON, June 16, 2021 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, t...

3 months ago - PRNewsWire

Altice takes 12% stake in BT, says no plans to make takeover offer

Patrick Drahi's Altice Group said on Thursday that it had taken a 12.1% stake in Britain's BT Group becoming its largest shareholder.

3 months ago - Reuters

Altice USA to Participate in Upcoming Credit Suisse 23rd Annual Communications Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Michael Grau, CFO, will participate in the upcoming Credit Suisse 23rd Annual Communications Conference on Tuesday, June 15th, 202...

3 months ago - Business Wire

New Strong Buy Stocks for June 8th

New Strong Buy Stocks for June 8th

Other symbols:CONNDOOOFLGM
3 months ago - Zacks Investment Research

Why Is Altice USA, Inc. (ATUS) Down 0.6% 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

Here's Why Altice (ATUS) is a Promising Pick for Investors

Altice (ATUS) is confident of its ability to deliver revenue and adjusted EBITDA growth in 2021.

3 months ago - Zacks Investment Research

Altice USA Gets Downgrade From BofA: Here's Why

Among U.S. cable operators, Altice USA Inc (NYSE: ATUS) is the most at risk from potential broadband pricing pressure, according to BofA Securities. The Altice USA Analyst: Jessica Reif Ehrlich downgrad...

3 months ago - Benzinga