Altice USA Inc. (ATUS) and the Battle of Fundamentals vs. Technicals

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Altice USA Inc. (NYSE:ATUS) went down by -1.57% from its latest closing price compared to the recent 1-year high of $31.78. The company’s stock price has collected 0.34% of gains in the last five trading sessions. Press Release reported 15 hours ago that Altice USA to Hold Conference Call to Discuss Q3 2020 Results

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Is It Worth Investing in Altice USA Inc. (NYSE :ATUS) Right Now?

Altice USA Inc. (NYSE:ATUS) scored a price-to-earnings ratio above its average ratio, recording 85.96 x from its present earnings ratio. Plus, the 36-month beta value for ATUS is at 0.97.

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ATUS currently public float of 281.19M and currently shorts hold a 11.43% ratio of that float. Today, the average trading volume of ATUS was 5.49M shares.

ATUS’s Market Performance

ATUS stocks went up by 0.34% for the week, with a monthly drop of -0.98% and a quarterly performance of 12.92%, while its annual performance rate touched -9.65%. The volatility ratio for the week stands at 2.65% while the volatility levels for the past 30 days are set at 2.59% for Altice USA Inc.. The simple moving average for the period of the last 20 days is 0.21% for ATUS stocks with a simple moving average of 3.06% for the last 200 days.

Analysts’ Opinion of ATUS

Many brokerage firms have already submitted their reports for ATUS stocks, with Bernstein repeating the rating for ATUS by listing it as a “Outperform.” The predicted price for ATUS in the upcoming period, according to Bernstein is $34 based on the research report published on October 05th of the current year 2020.

Pivotal Research Group, on the other hand, stated in their research note that they expect to see ATUS reach a price target of $41, previously predicting the price at $36. The rating they have provided for ATUS stocks is “Buy” according to the report published on September 15th, 2020.

ATUS Trading at -1.15% from the 50-Day Moving Average

After a stumble in the market that brought ATUS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.96% of loss for the given period.

Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 2.65%, as shares surge +0.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.67% upper at present.

During the last 5 trading sessions, ATUS rose by +0.34%, which changed the moving average for the period of 200-days by -2.08% in comparison to the 20-day moving average, which settled at $26.34. In addition, Altice USA Inc. saw -3.47% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ATUS starting from Next Alt S.a.r.l., who sale 3,300,000 shares at the price of $28.07 back on Sep 03. After this action, Next Alt S.a.r.l. now owns 38,069,305 shares of Altice USA Inc., valued at $92,631,000 using the latest closing price.

Boubazine Abdelhakim, the President & COO of Altice USA Inc., sale 496,355 shares at $28.74 during a trade that took place back on Sep 02, which means that Boubazine Abdelhakim is holding 1,385,498 shares at $14,263,390 based on the most recent closing price.

Stock Fundamentals for ATUS

Current profitability levels for the company are sitting at:

  • +19.43 for the present operating margin
  • +43.00 for the gross margin

The net margin for Altice USA Inc. stands at +1.42. The total capital return value is set at 7.06, while invested capital returns managed to touch 0.52. Equity return is now at value 10.00, with 0.60 for asset returns.

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Based on Altice USA Inc. (ATUS), the company’s capital structure generated 1,039.65 points at debt to equity in total, while total debt to capital is 91.23. Total debt to assets is 70.67, with long-term debt to equity ratio resting at 1,080.13. Finally, the long-term debt to capital ratio is 90.45.

Currently, EBITDA for the company is 1.08B with total debt to EBITDA at 5.81. When we switch over and look at the enterprise to sales, we see a ratio of 4.33, with the company’s debt to enterprise value settled at 0.59. The receivables turnover for the company is 20.99 and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.

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