Altice USA, Inc. (ATUS)
|Net Income (ttm)||1.07B|
|Day's Range||14.70 - 15.44|
|52-Week Range||14.33 - 38.19|
|Price Target||25.39 (+70.2%)|
|Earnings Date||Nov 4, 2021|
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... [Read more...]
Financial PerformanceFinancial Statements
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.
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...
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...
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...
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...
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...
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...
An earnings beat surprised enough investors, but the stock's miserable performance so far this year says the bar was set very, very low.
Altice (ATUS) beats third-quarter 2021 earnings estimates on revenue growth, network footprint expansion, and robust broadband demand.
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?
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...
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...
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...
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...
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...
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 ...
Two firms downgraded Altice USA Inc. including a price target cut.
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.
The fallout continues from the CEO's admission that some broadband customers are heading for the exits.
The one business that's produced any growth for cable companies may be nearing a peak stemming from market saturation.
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 ...
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...