The stock of Altice USA Inc (NYSE: ATUS) has increased by 1.45 when compared to last closing price of 2.76. Despite this, the company has experienced a 15.23% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-21 that Major Infrastructure Solutions to be Headed by EVP Tim Haverkate Joe Harding Joins Company as President of Core Infrastructure & Networking Solutions NEW YORK, Jan. 21, 2025 /PRNewswire/ — Lightpath, an all-fiber infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced the launch of two distinct performance units: Major Infrastructure Solutions for large-scale connectivity, and Core Infrastructure and Network Solutions for connecting enterprise customers to their digital destinations. Lightpath launches two new performance units to respond to AI demand for both large-scale and enterprise businesses.
Is It Worth Investing in Altice USA Inc (NYSE: ATUS) Right Now?
Additionally, the 36-month beta value for ATUS is 1.52. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 8 rating it as “hold,” and 2 rating it as “sell.”
The public float for ATUS is 219.32M and currently, short sellers hold a 12.11% ratio of that float. The average trading volume of ATUS on January 22, 2025 was 3.46M shares.
ATUS’s Market Performance
ATUS stock saw an increase of 15.23% in the past week, with a monthly gain of 9.80% and a quarterly increase of 17.15%. The volatility ratio for the week is 5.57%, and the volatility levels for the last 30 days are 5.67% for Altice USA Inc (ATUS). The simple moving average for the past 20 days is 10.80% for ATUS’s stock, with a 25.48% simple moving average for the past 200 days.
Analysts’ Opinion of ATUS
Many brokerage firms have already submitted their reports for ATUS stocks, with UBS repeating the rating for ATUS by listing it as a “Neutral.” The predicted price for ATUS in the upcoming period, according to UBS is $2 based on the research report published on August 02, 2024 of the previous year 2024.
Goldman, on the other hand, stated in their research note that they expect to see ATUS reach a price target of $2. The rating they have provided for ATUS stocks is “Sell” according to the report published on July 01st, 2024.
BofA Securities gave a rating of “Underperform” to ATUS, setting the target price at $1.50 in the report published on April 24th of the previous year.
ATUS Trading at 10.27% 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 -11.95% of loss for the given period.
Volatility was left at 5.67%, however, over the last 30 days, the volatility rate increased by 5.57%, as shares surge +12.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.67% upper at present.
During the last 5 trading sessions, ATUS rose by +15.23%, which changed the moving average for the period of 200-days by +7.69% in comparison to the 20-day moving average, which settled at $2.53. In addition, Altice USA Inc saw 16.18% in overturn over a single year, with a tendency to cut further gains.
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 805,230 shares at the price of $24.50 back on Dec 24 ’24. After this action, Next Alt S.a.r.l. now owns 5,846,652 shares of Altice USA Inc, valued at $19,728,135 using the latest closing price.
Next Alt S.a.r.l., the Director of Altice USA Inc, sale 805,230 shares at $24.50 during a trade that took place back on Dec 23 ’24, which means that Next Alt S.a.r.l. is holding 6,651,882 shares at $19,728,135 based on the most recent closing price.
Stock Fundamentals for ATUS
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.5 for the gross margin
The net margin for Altice USA Inc stands at -0.02. 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 0.06. The debt to equity ratio resting at -59.86. The interest coverage ratio of the stock is 1.04.
Currently, EBITDA for the company is 3.46 billion with net debt to EBITDA at 7.27. When we switch over and look at the enterprise to sales, we see a ratio of 2.92. The receivables turnover for the company is 28.56for 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 0.41.
Conclusion
In conclusion, Altice USA Inc (ATUS) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
