Altice USA, Inc. (NYSE:ATUS - Free Report) - Investment analysts at Zacks Research decreased their Q1 2025 EPS estimates for shares of Altice USA in a report issued on Tuesday, March 4th. Zacks Research analyst R. Department now anticipates that the company will earn ($0.08) per share for the quarter, down from their previous forecast of ($0.05). The consensus estimate for Altice USA's current full-year earnings is ($0.24) per share. Zacks Research also issued estimates for Altice USA's Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.30) EPS, Q1 2026 earnings at $0.02 EPS, Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at ($0.26) EPS and FY2026 earnings at ($0.28) EPS.
Altice USA (NYSE:ATUS - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.16).
Several other research analysts have also commented on the company. Citigroup raised their price objective on Altice USA from $2.50 to $3.00 and gave the company a "buy" rating in a research report on Wednesday, December 11th. Raymond James upgraded Altice USA from a "market perform" rating to an "outperform" rating and set a $3.50 target price on the stock in a report on Tuesday, February 18th. Five investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $2.41.
View Our Latest Research Report on Altice USA
Altice USA Stock Down 7.1 %
Shares of ATUS stock traded down $0.18 during mid-day trading on Thursday, reaching $2.28. The company's stock had a trading volume of 3,886,070 shares, compared to its average volume of 3,035,111. The firm has a market capitalization of $1.05 billion, a PE ratio of -9.89 and a beta of 1.58. The company's 50 day simple moving average is $2.72 and its 200-day simple moving average is $2.50. Altice USA has a 12-month low of $1.52 and a 12-month high of $3.20.
Hedge Funds Weigh In On Altice USA
Hedge funds have recently bought and sold shares of the company. Empyrean Capital Partners LP raised its stake in Altice USA by 785.0% during the fourth quarter. Empyrean Capital Partners LP now owns 17,700,000 shares of the company's stock valued at $42,657,000 after buying an additional 15,700,000 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Altice USA by 238.7% during the 4th quarter. JPMorgan Chase & Co. now owns 6,444,193 shares of the company's stock valued at $15,531,000 after acquiring an additional 4,541,359 shares in the last quarter. 140 Summer Partners LP bought a new position in Altice USA during the third quarter worth $9,004,000. Bracebridge Capital LLC boosted its holdings in Altice USA by 35.5% in the fourth quarter. Bracebridge Capital LLC now owns 8,854,977 shares of the company's stock worth $21,340,000 after purchasing an additional 2,322,337 shares during the period. Finally, Apollo Management Holdings L.P. increased its stake in Altice USA by 21.9% during the fourth quarter. Apollo Management Holdings L.P. now owns 12,192,050 shares of the company's stock valued at $29,383,000 after purchasing an additional 2,192,050 shares during the last quarter. 54.85% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Altice USA
In other news, Director Alt S.A.R.L. Next sold 805,230 shares of the business's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $24.50, for a total value of $19,728,135.00. Following the completion of the sale, the director now owns 11,483,262 shares of the company's stock, valued at approximately $281,339,919. The trade was a 6.55 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 4,026,150 shares of company stock valued at $98,640,675 in the last three months. Corporate insiders own 52.90% of the company's stock.
About Altice USA
(
Get Free Report)
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.
Featured Articles
Before you consider Altice USA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Altice USA wasn't on the list.
While Altice USA currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
