ATUS - Altice USA, Inc.

NYSE - NYSE Delayed Price. Currency in USD
25.48
-0.22 (-0.86%)
At close: 4:02PM EDT
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Previous Close25.70
Open25.70
Bid25.03 x 4000
Ask26.20 x 1200
Day's Range25.48 - 25.88
52 Week Range14.49 - 26.11
Volume2,744,194
Avg. Volume4,798,098
Market Cap22.011B
Beta (3Y Monthly)1.00
PE Ratio (TTM)149.01
EPS (TTM)0.17
Earnings DateJul 31, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2018-06-07
1y Target Est28.28
Trade prices are not sourced from all markets
  • Altice USA (ATUS) Upgraded to Buy: Here's What You Should Know
    Zacks6 days ago

    Altice USA (ATUS) Upgraded to Buy: Here's What You Should Know

    Altice USA (ATUS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).

  • Business Wire12 days ago

    Altice USA to Hold Conference Call to Discuss Q2 2019 Results

    Altice USA will host a conference call on Wednesday, July 31, 2019 at 4:30 p.m. EDT to discuss financial and operating results for the second quarter ended June 30, 2019.

  • PR Newswire20 days ago

    Court Orders Dolan Case Against Altice Will Go to Trial

    NEW YORK, July 1, 2019 /PRNewswire/ -- A Delaware judge has cleared the way for New York's Dolan Family to pursue a lawsuit against Altice USA (ATUS) in a bid to save jobs and journalistic quality at News 12 Networks. Altice had filed a motion on April 22, 2019 to dismiss the case. Vice Chancellor Slights denied Altice's motion to dismiss the Dolan Family's breach of contract and promissory estoppel claims.

  • At US$23.37, Is It Time To Put Altice USA, Inc. (NYSE:ATUS) On Your Watch List?
    Simply Wall St.26 days ago

    At US$23.37, Is It Time To Put Altice USA, Inc. (NYSE:ATUS) On Your Watch List?

    Altice USA, Inc. (NYSE:ATUS) saw a double-digit share price rise of over 10% in the past couple of months on the NYSE...

  • Bloomberglast month

    Dish Is Near a $6 Billion Deal for T-Mobile, Sprint Assets

    (Bloomberg) -- Dish Network Corp. is in talks to pay at least $6 billion for assets that T-Mobile US Inc. and Sprint Corp. are unloading to win regulatory approval for their merger, according to people familiar with the matter.Dish could announce a deal as soon as this week for assets including wireless spectrum and Sprint’s Boost Mobile brand, said the people, who asked to not be identified because the matter isn’t public. The deal hasn’t been finalized and talks could still fall through, said the people.The potential divestitures are aimed at appeasing the Justice Department, which wants T-Mobile and Sprint to sell enough assets to ensure that the U.S. maintains at least four viable wireless players.Representative for Dish and the Justice Department declined to comment. Representatives for T-Mobile and Sprint didn’t respond to requests for comment.Dish rose 1.9% to $39.74 at 1:16 p.m. in New York trading, giving the Englewood, Colorado-based company a market value of about $18.6 billion. Sprint gained about 2.3% while T-Mobile rose 1.3%.T-Mobile agreed to buy Sprint in April 2018 for $26.5 billion, betting that together the carriers can build a next-generation wireless network to better compete with industry leaders Verizon Communications Inc. and AT&T Inc.Dish, co-founded by billionaire Charlie Ergen, had been on a shortlist of bidders for T-Mobile and Sprint assets favored by the Justice Department, people familiar with the matter said this month. Charter Communications Inc. and Altice USA Inc. were also on the list.T-Mobile and Sprint have already promised to sell Boost to get approval from the Federal Communications Commission. They also have to win over the Justice Department, which is concerned about the merger reducing the number of major U.S. wireless carriers to three.The companies are negotiating with the Justice Department after nine states and the District of Columbia sued to block the deal last week on antitrust grounds.(Updates companies’ share prices in fifth paragraph; adds background in seventh.)To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Scott Moritz in New York at smoritz6@bloomberg.net;Nabila Ahmed in New York at nahmed54@bloomberg.netTo contact the editors responsible for this story: Elizabeth Fournier at efournier5@bloomberg.net, ;Sara Forden at sforden@bloomberg.net, ;Nick Turner at nturner7@bloomberg.net, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • MarketWatchlast month

    Kinder Morgan's stock falls after Stifel Nicolaus backs away from long-time bullish call, citing valuation

    Shares of Kinder Morgan Inc. slipped 0.2% in premarket trade Monday, after the oil and gas pipeline operator was downgraded at Stifel Nicolaus, citing concerns over valuation. Analyst Selman Akyol cut his rating to hold, after being at buy for more than three years. He kept his stock price target at $22, which is 7.2% above Friday's closing price; Stifel defines a hold rating as a total return of -5% to +10% over the next 12 months. The stock has soared 33.5% year to date, while the S&P 500 has gained 15%. Akyol said he continues to view Kinder Morgan favorably, given its more moderate leverage, high coverage and dividend growth, but he said the valuation already reflects the positive catalysts. Kinder Morgan's dividend yield at Friday's closing price was 4.87%, which was above the SPDR Energy Select Sector's payout of 3.39% and the S&P 500's implied yield of 1.99%, according to FactSet.

  • MarketWatchlast month

    Sotheby's stock soars after $3.7 billion buyout deal with Altice Chairman Patrick Drahi

    Shares of Sotheby's soared 60% toward an 11-month high in premarket trading Monday, after the auction house announced a deal to be acquired by BidFair USA, which is owned by telcom and media entrepreneur and art collector Patrick Drahi, in a deal valued at $3.7 billion. Under terms of the deal, Sotheby's shareholders will receive $57 in cash for each Sotheby's stock they own, which is 61% above Friday's closing price of $35.39 and represents a market capitalization of $2.66 billion. Drahi is Chairman and controlling shareholder of Altice USA Inc. . The deal is expected to close in the fourth quarter. "This acquisition will provide Sotheby's with the opportunity to accelerate the successful program of growth initiatives of the past several years in a more flexible private environment," said Sotheby's Chief Executive Tad Smith. "It positions us very well for our future and I strongly believe that the company will be in excellent hands for decades to come with Patrick as our owner." Sotheby's stock has dropped 40% over the past 12 months through Friday, while the Dow Jones Industrial Average has gained 4%.

  • The Zacks Analyst Blog Highlights: Altice, Ciena, ADTRAN, Zayo and AT&T
    Zackslast month

    The Zacks Analyst Blog Highlights: Altice, Ciena, ADTRAN, Zayo and AT&T

    The Zacks Analyst Blog Highlights: Altice, Ciena, ADTRAN, Zayo and AT&T

  • Telecom Stock Roundup: Altice Completes Cheddar Buyout, Ciena's Q2 Results & More
    Zackslast month

    Telecom Stock Roundup: Altice Completes Cheddar Buyout, Ciena's Q2 Results & More

    The acquisition of Cheddar perfectly complements Altice's (ATUS) hyperlocal and global news offerings, while Ciena's (CIEN) second-quarter fiscal 2019 earnings improve year over year.

  • Zackslast month

    Dow Closes Above 26K on 6th Straight Day of Gains

    Dow Closes Above 26K on 6th Straight Day of Gains

  • Hedge Funds Have Never Been This Bullish On Altice USA, Inc. (ATUS)
    Insider Monkeylast month

    Hedge Funds Have Never Been This Bullish On Altice USA, Inc. (ATUS)

    Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]

  • Altice Concludes Cheddar Buyout to Extend News Footprint
    Zackslast month

    Altice Concludes Cheddar Buyout to Extend News Footprint

    Cheddar perfectly complements Altice's (ATUS) hyperlocal and global news offerings across digital, mobile and linear TV formats.

  • Business Wirelast month

    Altice USA Statement on Transactions by BC Partners and Canada Pension Plan Investment Board

    Altice USA  today makes the following statement following the sale of a portion of Altice USA shares by funds advised by BC Partners and Canada Pension Plan Investment B

  • Business Wirelast month

    Altice USA Completes Acquisition of Cheddar

    Altice USA , one of the largest broadband communications and video services providers in the U.S., today announces that it has closed the previously announced acquisition of Cheddar, the digital-first news company.

  • Turtle Beach Completes Buyout of ROCCAT, Expands Footprint
    Zacks2 months ago

    Turtle Beach Completes Buyout of ROCCAT, Expands Footprint

    Through the acquisition of ROCCAT, Turtle Beach (HEAR) aims to expand from being the leader in console gaming headsets into becoming a top gaming accessory brand for all platforms.

  • Communication Components Industry Outlook Appears Murky
    Zacks2 months ago

    Communication Components Industry Outlook Appears Murky

    Communication Components Industry Outlook Appears Murky

  • Zacks2 months ago

    'Tech Wreck' Makes for Rough Start to June

    'Tech Wreck' Makes for Rough Start to June

  • What Trade/Antitrust Issues? 5 Top Stocks in Fine Fettle
    Zacks2 months ago

    What Trade/Antitrust Issues? 5 Top Stocks in Fine Fettle

    The tech space has been through a rough patch in the past month due to escalating U.S.-China trade tensions and likely antitrust probes. But these top-ranked stocks braved this turmoil.

  • Why Is Altice USA (ATUS) Up 4.7% Since Last Earnings Report?
    Zacks2 months ago

    Why Is Altice USA (ATUS) Up 4.7% Since Last Earnings Report?

    Altice USA (ATUS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • With This Merger Likely to Drag on, Sprint Stock Is Way Too Speculative
    InvestorPlace2 months ago

    With This Merger Likely to Drag on, Sprint Stock Is Way Too Speculative

    Since early 2017, Sprint (NYSE:S) stock has been on a downward trajectory. The price has gone from $9.25 to $6.90. But recently, the Sprint stock price has gotten a lift. Apparently, the prospects look more promising that its $26 billion merger with rival T-Mobile (NASDAQ:TMUS) will get done.Source: Shutterstock Keep in mind that the Chairman of the Federal Communications Commission, Ajit Pai, has recently indicated his support. This was then backed up from FCC Commissioner Brendan Carr. For approval, there needs to be three votes.All this has come after Sprint and T-Mobile have agreed to some important concessions, which include the following:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Sprint will maintain its wireless distribution deal with cable provider, Altice USA (NYSE:ATUS). * The companies would commit to having their 5G network cover 85% of rural America in three years and 90% within six years. There would also be broadband access -- at a minimum of 100 megabits per second -- for 90% of Americans. * There will be the sale of the Boost Mobile business, which is focused on prepaid customers (there are about seven million). This is critical since T-Mobile already has a strong position in this market. * 7 Stocks to Sell Amid an Escalating Trade War * Sprint and the DOJWhile the approval of the FTC would be very good news for Sprint stock, and it does look likely, there is another hurdle. The Department of Justice will also need to approve the deal and this may prove to be much tougher. There are already indications that the DOJ is skeptical about the deal, as it could lead to higher prices.It's important to note that the FTC and DOJ have different roles when it comes to dealing with mergers. For the FTC, it has the authority to look beyond market impacts, such as how the transaction could lead to higher quality offerings or broader access. The DOJ, on the other hand, is more focused on the adverse impact on consumers. For the most part, it's about classic antitrust analysis.With the merger of TMUS and Sprint, there will only be three key wireless players remaining in the US, which will include Verizon (NYSE:VZ) and AT&T (NYSE:T). This reduced competition could easily lead to higher prices and fees as well as less innovation. For example, back in 2011 the DOJ blocked AT&T's attempted acquisition of T-Mobile because of concerns of lower competition in the U.S. market. Bottom Line on Sprint StockThe final determination of the TMUS-S merger should come soon - say within a month or so. But it does look like a toss-up. The fact is that investing based on regulatory outcomes can be dicey, especially for highly concentrated industries.The problem for Sprint stock is that the company really needs this deal to happen. It has a massive debt load of to $35.36 billion; the market share is a lowly No. 4, and there will likely be a need to raise substantial amounts of capital for the 5G buildout.As for the merger, the potential upside is about $8 for Sprint stock or a 16% increase from current levels (this is based on the stock-for-stock exchange ratio of .01056). This is fairly decent but really does not seem like enough to account for the risks that the deal will implode.Now it's true that there still may ultimately be a deal, say with a company like Amazon.com (NASDAQ:AMZN) or Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). But these companies would probably be more interested in the spectrum assets - not other parts of the business. And this would not lead to much of a boost in the valuation.In other words, it's probably best to stay away from Sprint stock for now.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Sell Amid an Escalating Trade War * 5 REITs to Buy While They're Dirt Cheap * The Only 3 Marijuana Stocks You Need to Own Compare Brokers The post With This Merger Likely to Drag on, Sprint Stock Is Way Too Speculative appeared first on InvestorPlace.

  • These Are the Companies Americans Like Least
    Motley Fool2 months ago

    These Are the Companies Americans Like Least

    Cable and internet service providers again rank at the bottom of a customer satisfaction index of 46 industries.

  • Reuters2 months ago

    PRESS DIGEST- Wall Street Journal - May 29

    The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Altice USA Inc is preparing to launch a mobile service likely ...

  • Another cable provider will offer wireless service
    American City Business Journals2 months ago

    Another cable provider will offer wireless service

    Altice will follow in footsteps of Comcast, Charter and offer a mobile plan as way to retain customers.

  • Benzinga2 months ago

    Altice Takes On Verizon, AT&T In Cellular Space

    U.S.-based cable television provider Altice USA Inc (NYSE: ATUS ) is preparing a launch into the mobile space by undercutting industry titans like Verizon Communications Inc. (NYSE: VZ ), according to ...

  • Altice Swiftly Responds to Comcast’s Wi-Fi Move
    Market Realist2 months ago

    Altice Swiftly Responds to Comcast’s Wi-Fi Move

    Big Media Seeking Revival: DIS, CHTR, ATUS, and VIAB(Continued from Prior Part)Product aimed at small businessesAltice USA (ATUS) recently launched a new Wi-Fi product for its business customers. The product, known as SMART WiFi, is a managed Wi-Fi