Altice USA Inc (NYSE: ATUS) has a higher price-to-earnings ratio of 21.40x compared to its average ratio. ATUS has 36-month beta value of 1.33. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for ATUS is 202.22M, and currently, short sellers hold a 12.12% ratio of that float. The average trading volume of ATUS on April 03, 2024 was 4.55M shares.
ATUS) stock’s latest price update
Altice USA Inc (NYSE: ATUS)’s stock price has decreased by -3.47 compared to its previous closing price of 2.59. However, the company has seen a -0.40% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-15 that Altice USA, Inc. (ATUS) reported earnings 30 days ago. What’s next for the stock?
ATUS’s Market Performance
Altice USA Inc (ATUS) has experienced a -0.40% fall in stock performance for the past week, with a -16.11% drop in the past month, and a -23.08% drop in the past quarter. The volatility ratio for the week is 5.63%, and the volatility levels for the past 30 days are at 6.60% for ATUS. The simple moving average for the last 20 days is -4.73% for ATUS stock, with a simple moving average of -10.13% for the last 200 days.
Analysts’ Opinion of ATUS
TD Securities gave a rating of “Hold” to ATUS, setting the target price at $6 in the report published on January 23rd of the previous year.
ATUS Trading at 1.52% 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 -34.55% of loss for the given period.
Volatility was left at 6.60%, however, over the last 30 days, the volatility rate increased by 5.63%, as shares sank -11.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.64% upper at present.
During the last 5 trading sessions, ATUS fell by -0.40%, which changed the moving average for the period of 200-days by -14.97% in comparison to the 20-day moving average, which settled at $2.61. In addition, Altice USA Inc saw -23.08% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ATUS
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.63 for the gross margin
The net margin for Altice USA Inc stands at 0.01. The total capital return value is set at 0.06.
Based on Altice USA Inc (ATUS), the company’s capital structure generated 1.02 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at -59.26. The interest coverage ratio of the stock is 1.14.
Currently, EBITDA for the company is 3.61 billion with net debt to EBITDA at 7.01. When we switch over and look at the enterprise to sales, we see a ratio of 2.84. The receivables turnover for the company is 25.8for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.36.
Conclusion
To put it simply, Altice USA Inc (ATUS) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
