Wall Street brokerages predict that Altice USA Inc (NYSE:ATUS) will post earnings of $0.14 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Altice USA’s earnings, with the highest EPS estimate coming in at $0.24 and the lowest estimate coming in at $0.05. The firm is scheduled to issue its next earnings results on Tuesday, February 26th.

On average, analysts expect that Altice USA will report full-year earnings of ($0.09) per share for the current financial year, with EPS estimates ranging from ($0.11) to ($0.07). For the next financial year, analysts expect that the firm will post earnings of $0.59 per share, with EPS estimates ranging from $0.21 to $1.31. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that cover Altice USA.

Altice USA (NYSE:ATUS) last issued its quarterly earnings data on Monday, November 5th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.08. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. Altice USA had a net margin of 21.73% and a negative return on equity of 3.36%. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter last year, the firm earned ($0.25) earnings per share.

A number of research firms have recently commented on ATUS. UBS Group began coverage on shares of Altice USA in a research report on Thursday, November 15th. They issued a “buy” rating and a $26.00 price target on the stock. ValuEngine raised shares of Altice USA from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Investment Research raised shares of Altice USA from a “sell” rating to a “hold” rating in a research report on Tuesday, September 25th. Citigroup dropped their price target on shares of Altice USA from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, November 29th. Finally, Credit Suisse Group lifted their price target on shares of Altice USA from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Tuesday, November 6th. Two analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $24.63.

Shares of ATUS opened at $17.70 on Friday. The company has a market cap of $12.65 billion, a P/E ratio of 885.00 and a beta of 0.82. The company has a debt-to-equity ratio of 6.11, a quick ratio of 0.45 and a current ratio of 0.45. Altice USA has a twelve month low of $14.49 and a twelve month high of $25.15.

In other news, SVP Victoria Mink sold 37,502 shares of the firm’s stock in a transaction on Thursday, September 13th. The shares were sold at an average price of $18.99, for a total value of $712,162.98. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 42.92% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Dodge & Cox grew its stake in shares of Altice USA by 0.4% in the third quarter. Dodge & Cox now owns 28,249,077 shares of the company’s stock worth $512,438,000 after acquiring an additional 99,592 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Altice USA by 154.7% in the third quarter. Vanguard Group Inc. now owns 24,455,145 shares of the company’s stock worth $443,617,000 after acquiring an additional 14,855,173 shares during the last quarter. Scopia Capital Management LP acquired a new stake in shares of Altice USA in the second quarter worth $171,874,000. Massachusetts Financial Services Co. MA grew its stake in shares of Altice USA by 12.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,508,872 shares of the company’s stock worth $154,351,000 after acquiring an additional 959,186 shares during the last quarter. Finally, Pelham Capital Ltd. grew its stake in shares of Altice USA by 12.6% in the third quarter. Pelham Capital Ltd. now owns 7,825,066 shares of the company’s stock worth $141,947,000 after acquiring an additional 876,900 shares during the last quarter. Institutional investors and hedge funds own 41.93% of the company’s stock.

About Altice USA

Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States. The company operates in two segments, Cablevision and Cequel. It delivers broadband, pay television, telephony services, Wi-Fi hotspot access, proprietary content, and advertising services to approximately 4.9 million residential and business customers.

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