Altice USA, Inc. (ATUS)

NYSE: ATUS · IEX Real-Time Price · USD
14.92 -0.78 (-4.94%)
Jan 18, 2022 1:37 PM EST - Market open
Market Cap6.78B
Revenue (ttm)10.11B
Net Income (ttm)1.07B
Shares Out454.65M
EPS (ttm)2.20
PE Ratio6.77
Forward PE9.33
Ex-Dividend Daten/a
Previous Close15.69
Day's Range14.70 - 15.44
52-Week Range14.33 - 38.19
Price Target25.39 (+70.2%)
Earnings DateNov 4, 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...

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

Financial Performance

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for Altice USA stock is "Buy." The 12-month stock price forecast is 25.39, which is an increase of 70.23% from the latest price.

Price Target
(70.23% upside)
Analyst Consensus: Buy


Read Why Wolfe Research Downgraded Charter, Altice USA

Wolfe Research analyst John Janedis downgraded Charter Communications Inc (NASDAQ:CHTR) and Altice USA Inc (NYSE:ATUS). Janedis downgraded Charter to Underperform from Peer Perform with a price target o...

2 weeks ago - Benzinga

10 Bargain Stocks to Buy After Falling 30% in 2021

If you're looking for bargain stocks to buy that are down 30% or more in 2021, that's not an easy task. Here are 10 that fit the bill.

4 weeks ago - InvestorPlace

Prediction: The Cable Industry Will Lose Another 5 Million Customers in 2022 ... Sort Of

Consumers finally have several choices about how to get their TV, and they're using them to the fullest.

1 month ago - The Motley Fool

The 12 Best Communication Services Stocks to Buy for 2022

Despite global headwinds and the potential for rising interest rates, communication services stocks look poised to maintain growth throughout 2022.

1 month ago - Kiplinger

Altice USA Announces Government Affairs Leadership Update

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Lee Schroeder, Altice USA's Executive Vice President of Government & Community Affairs and Chief Diversity Officer, will be leavin...

1 month ago - Business Wire

Altice stock drops toward 3-year low after J.P. Morgan analyst backs away from long-time bullish stance

Shares of Altice USA Inc. ATUS, -5.33% took a 5.6% dive in midday trading Thursday toward a 3-year low, and the second-lowest close since going public in June 2017, after long-time bullish analyst Phili...

1 month ago - Market Watch

Altice USA to Participate in Upcoming UBS Global TMT Virtual Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dexter Goei, CEO, will participate in the upcoming UBS Global TMT Virtual Conference on Tuesday, December 7, 2021. The presentatio...

1 month ago - Business Wire

Exclusive-Altice founder Drahi seeks bigger stake in Britain's BT - sources

Telecoms tycoon Patrick Drahi is looking to increase his stake in BT Group as he seeks to extend his influence at the British company, betting its fibre-optic rollout will boost value, three sources fam...

2 months ago - Reuters

Lightpath Announces Major Expansion to Fiber Network in Boston Region

NEW YORK and BOSTON, Nov. 9, 2021 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, tod...

2 months ago - PRNewsWire

Why Altice USA Jumped More Than 10% Today

An earnings beat surprised enough investors, but the stock's miserable performance so far this year says the bar was set very, very low.

2 months ago - The Motley Fool

Altice (ATUS) Q3 Earnings Beat on Healthy Revenue Growth

Altice (ATUS) beats third-quarter 2021 earnings estimates on revenue growth, network footprint expansion, and robust broadband demand.

2 months ago - Zacks Investment Research

Altice USA, Inc. (ATUS) Q3 Earnings and Revenues Beat Estimates

Altice USA, Inc. (ATUS) delivered earnings and revenue surprises of 16.00% and 2.73%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Altice USA Reports Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the third quarter ended September 30, 2021. Dexter Goei, Altice USA Chief Executive Officer, said: “Revenue trends in Adverti...

2 months ago - Business Wire

4 Stocks Trading With a Margin of Safety

When screening the market for bargains, investors could be interested in the following stocks since their share prices are trading below the intrinsic value calculated by GuruFocus' free cash flow-based...

Other symbols:BSACLPLPDCE
2 months ago - GuruFocus

Lightpath Announces Entrance into Princeton, New Jersey Connectivity Market

NEW YORK, Oct. 26, 2021 /PRNewswire/ --  Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, today annou...

2 months ago - PRNewsWire

Altice USA to Hold Conference Call to Discuss Q3 2021 Results

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

2 months ago - Business Wire

ViacomCBS and Altice USA Renew Distribution Agreement

NEW YORK--(BUSINESS WIRE)--ViacomCBS Inc. (NASDAQ: VIAC, VIACA) and Altice USA (NYSE: ATUS) today announced a comprehensive agreement for the continued carriage of ViacomCBS' leading portfolio of broadc...

Other symbols:VIAC
3 months ago - Business Wire

Deutsche Bank Downgrades Altice USA, Charter Citing Competitive Environment

Deutsche Bank analyst Bryan Kraft downgraded Altice USA Inc (NYSE:ATUS) to Hold from Buy with a price target of $22, down from $40, implying 25% upside.  Cable stocks over the past few years have enjoye...

3 months ago - Benzinga

Altice USA stock falls after downgrades

Shares of Altice USA ATUS, -6.13% are off 5.7% in Monday trading after analysts at Credit Suisse and Raymond James downgraded the stock. Credit Suisse analyst Doug Mitchelson wrote that he has concerns ...

3 months ago - Market Watch

Why Raymond James, Credit Suisse Downgrade Altice USA?

Two firms downgraded Altice USA Inc. including a price target cut.

3 months ago - Benzinga

Why Raymond James, Credit Suisse Downgraded Altice USA?

Two firms downgraded Altice USA Inc (NYSE:ATUS), including a price target cut. Raymond James analyst Frank Louthan downgraded Altice USA to Market Perform from Outperform without a price target.

3 months ago - Benzinga

Why Altice USA Stock Continued to Drop on Friday

The fallout continues from the CEO's admission that some broadband customers are heading for the exits.

3 months ago - The Motley Fool

Why Altice USA Fell More Than 12% Today

The one business that's produced any growth for cable companies may be nearing a peak stemming from market saturation.

3 months ago - The Motley Fool

Why Are Altice USA Shares Plunging Today?

Cable provider Altice USA Inc (NYSE: ATUS) expects to lose 15,000 to 20,000 broadband customers this quarter, Bloomberg reports. The company had 4.4 million internet customers at midyear and called the ...

3 months ago - Benzinga

EU court backs Altice's million-euro fine in gun-jumping merger deal

Europe's second-highest court on Wednesday rejected French telecoms provider Altice's challenge against a 125-million-euro ($146.7 million) fine imposed by EU antitrust regulators for closing its PT Por...

3 months ago - Reuters