Altice USA, Inc. (NYSE:ATUS - Free Report) - Stock analysts at Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for Altice USA in a report released on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the company will earn ($0.03) per share for the quarter, up from their previous estimate of ($0.11). The consensus estimate for Altice USA's current full-year earnings is ($0.01) per share. Zacks Research also issued estimates for Altice USA's Q4 2026 earnings at $0.09 EPS and FY2026 earnings at ($0.08) EPS.
Several other equities research analysts have also recently commented on ATUS. Citigroup boosted their target price on Altice USA from $2.50 to $3.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. TD Cowen lowered their price target on shares of Altice USA from $6.00 to $3.50 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $2.30.
Check Out Our Latest Stock Report on Altice USA
Altice USA Stock Performance
Shares of ATUS remained flat at $2.48 during midday trading on Thursday. The company's stock had a trading volume of 7,722,971 shares, compared to its average volume of 3,477,434. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of -6.70 and a beta of 1.50. The firm has a fifty day moving average of $2.53 and a 200 day moving average of $2.22. Altice USA has a 1 year low of $1.52 and a 1 year high of $3.18.
Altice USA (NYSE:ATUS - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.13). The firm had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.24 billion. Altice USA had a negative net margin of 1.85% and a negative return on equity of 1.54%. Altice USA's quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 EPS.
Insider Buying and Selling at Altice USA
In other Altice USA news, Director Alt S.A.R.L. Next sold 805,230 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $24.50, for a total transaction of $19,728,135.00. Following the completion of the sale, the director now directly owns 14,704,182 shares in the company, valued at $360,252,459. This trade represents a 5.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold 15,299,331 shares of company stock worth $374,833,610 over the last 90 days. Company insiders own 52.90% of the company's stock.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA boosted its stake in shares of Altice USA by 0.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 5,669,487 shares of the company's stock valued at $11,566,000 after buying an additional 24,501 shares during the period. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Altice USA during the 2nd quarter valued at $25,000. XTX Topco Ltd grew its holdings in shares of Altice USA by 112.1% during the 2nd quarter. XTX Topco Ltd now owns 81,314 shares of the company's stock worth $166,000 after purchasing an additional 42,975 shares in the last quarter. King Street Capital Management L.P. bought a new position in shares of Altice USA in the second quarter worth $5,100,000. Finally, Aristeia Capital L.L.C. bought a new position in shares of Altice USA in the second quarter worth $657,000. Institutional investors own 54.85% of the company's stock.
About Altice USA
(
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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 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 applications.
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