Somewhat Critical Press Coverage Somewhat Unlikely to Affect Altice USA (ATUS) Share Price
News stories about Altice USA (NYSE:ATUS) have trended somewhat negative this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Altice USA earned a media sentiment score of -0.01 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.3055777222991 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Critical Analysis: TELUS (TU) versus Altice USA (ATUS) (americanbankingnews.com)
- Altice USA Inc (ATUS) Position Cut by Spark Investment Management LLC (americanbankingnews.com)
- Ascend Capital LLC Invests $4.40 Million in Altice USA Inc (ATUS) Stock (americanbankingnews.com)
- Financial Review: Black Box (BBOX) versus Altice USA (ATUS) (americanbankingnews.com)
- Altice USA (ATUS) Releases Earnings Results (americanbankingnews.com)
Shares of Altice USA (NYSE ATUS) traded up $0.58 during mid-day trading on Friday, reaching $19.29. The company had a trading volume of 2,087,971 shares, compared to its average volume of 1,580,673. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 6.82. Altice USA has a one year low of $17.80 and a one year high of $35.29.
Several brokerages have recently commented on ATUS. Moffett Nathanson upgraded Altice USA from a “neutral” rating to a “buy” rating in a report on Friday, November 10th. Wells Fargo & Co reiterated a “market perform” rating and set a $25.00 price objective (down previously from $34.00) on shares of Altice USA in a report on Monday, November 6th. Societe Generale began coverage on Altice USA in a report on Wednesday, December 13th. They set a “buy” rating for the company. Morgan Stanley decreased their price objective on Altice USA from $32.00 to $25.00 and set an “equal weight” rating for the company in a report on Tuesday, November 14th. Finally, Pivotal Research reiterated a “buy” rating and set a $28.00 price objective on shares of Altice USA in a report on Tuesday, January 9th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Altice USA presently has an average rating of “Buy” and a consensus target price of $32.21.
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Altice USA Company Profile
Altice USA, Inc is engaged in providing broadband communications and video services in the United States. The Company’s segments include Cablevision and Cequel. Cablevision provides broadband, pay television and telephony services to residential and business customers in and around the New York metropolitan area.
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