Altice USA Inc (NYSE: ATUS) is -36.92% lower on its value in year-to-date trading and has touched a low of $1.52 and a high of $3.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ATUS stock was last observed hovering at around $2.20 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $2.05, the stock is 13.98% and 11.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.76 million and changing -6.82% at the moment leaves the stock -8.60% off its SMA200. ATUS registered -31.44% loss for a year compared to 6-month loss of -25.45%.
The stock witnessed a 25.77% gain in the last 1 month and extending the period to 3 months gives it a -16.67%, and is 11.41% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.97% over the week and 8.99% over the month.
Altice USA Inc (ATUS) has around 10600 employees, a market worth around $944.19M and $9.11B in sales. Fwd P/E is 19.43. Profit margin for the company is -0.62%. Distance from 52-week low is 34.87% and -43.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.23%).
The EPS is expected to grow by 16.90% this year.
Altice USA Inc (ATUS) Top Institutional Holders
230.0 institutions hold shares in Altice USA Inc (ATUS), with institutional investors hold 55.84% of the company’s shares. The shares outstanding are 271.77M, and float is at 204.70M with Short Float at 12.41%. Institutions hold 49.45% of the Float.
The top institutional shareholder in the company is FMR LLC with over 31.9 million shares valued at $65.09 million. The investor’s holdings represent 6.9758% of the ATUS Shares outstanding. As of 2024-06-30, the second largest holder is CLARKSTON CAPITAL PARTNERS, LLC with 31.24 million shares valued at $63.74 million to account for 6.8311 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 21.46 million shares representing 4.6931% and valued at over $43.79 million, while D. E. SHAW & CO., INC. holds 2.5211 of the shares totaling 11.53 million with a market value of $23.52 million.
Altice USA Inc (ATUS) Insider Activity
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