Altice USA, Inc. (NYSE:ATUS – Free Report) – Zacks Research dropped their Q1 2025 earnings estimates for shares of Altice USA in a report released on Tuesday, March 4th. Zacks Research analyst R. Department now anticipates that the company will post earnings of ($0.08) per share for the quarter, down from their previous estimate 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.
Several other analysts have also recently issued reports on ATUS. Raymond James raised shares of Altice USA from a “market perform” rating to an “outperform” rating and set a $3.50 price objective for the company in a research note on Tuesday, February 18th. Citigroup boosted their price objective on shares of Altice USA from $2.50 to $3.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $2.41.
Altice USA Stock Performance
ATUS stock opened at $2.51 on Thursday. Altice USA has a one year low of $1.52 and a one year high of $3.20. The company has a 50 day moving average price of $2.72 and a two-hundred day moving average price of $2.48. The stock has a market capitalization of $1.16 billion, a P/E ratio of -10.89 and a beta of 1.58.
Altice USA (NYSE:ATUS – Get Free Report) last released its 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).
Hedge Funds Weigh In On Altice USA
A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Altice USA by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 22,291,467 shares of the company’s stock worth $53,722,000 after buying an additional 208,478 shares in the last quarter. Empyrean Capital Partners LP lifted its holdings in Altice USA by 785.0% in the 4th quarter. Empyrean Capital Partners LP now owns 17,700,000 shares of the company’s stock worth $42,657,000 after buying an additional 15,700,000 shares in the last quarter. Nomura Holdings Inc. lifted its holdings in Altice USA by 13.5% in the 4th quarter. Nomura Holdings Inc. now owns 12,489,861 shares of the company’s stock worth $30,101,000 after buying an additional 1,489,300 shares in the last quarter. Apollo Management Holdings L.P. lifted its holdings in Altice USA by 21.9% in the 4th quarter. Apollo Management Holdings L.P. now owns 12,192,050 shares of the company’s stock worth $29,383,000 after buying an additional 2,192,050 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings in Altice USA by 5.6% in the 4th quarter. Deutsche Bank AG now owns 9,530,118 shares of the company’s stock worth $22,968,000 after buying an additional 506,057 shares in the last quarter. Institutional investors and hedge funds own 54.85% of the company’s stock.
Insider Activity at Altice USA
In related news, Director Alt S.A.R.L. Next sold 805,230 shares of Altice USA stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $24.50, for a total transaction of $19,728,135.00. Following the transaction, the director now owns 13,093,722 shares in the company, valued at approximately $320,796,189. The trade was a 5.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 4,831,380 shares of company stock worth $118,368,810. 52.90% of the stock is currently owned by corporate insiders.
Altice USA Company Profile
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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