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Altice USA Inc Stock Research

ATUS

3.14USD+0.05(+1.62%)Delayed

Market Summary

USD3.14+0.05
Delayed
1.62%

ATUS Alerts

ATUS Stock Price

ATUS RSI Chart

ATUS Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

7.59

Price/Sales (Trailing)

0.15

EV/EBITDA

6.61

Price/Free Cashflow

3.26

ATUS Price/Sales (Trailing)

ATUS Profitability

EBT Margin

5.36%

Return on Equity

-38.61%

Return on Assets

0.58%

Free Cashflow Yield

30.63%

ATUS Fundamentals

ATUS Revenue

Revenue (TTM)

9.6B

Revenue Y/Y

-6.03%

Revenue Q/Q

-1.02%

ATUS Earnings

Earnings (TTM)

194.6M

Earnings Y/Y

-176.74%

Earnings Q/Q

-327.32%

Price Action

52 Week Range

3.0813.17
(Low)(High)

Last 7 days

-3.4%

Last 30 days

-19.7%

Last 90 days

-27.3%

Trailing 12 Months

-73.5%

ATUS Financial Health

Current Ratio

0.64

Debt/Equity

-52.3

Debt/Cashflow

0.09

ATUS Investor Care

Buy Backs (1Y)

0.18%

Diluted EPS (TTM)

0.43

Peers (Alternatives to Altice USA)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
55.0B
54.0B
-7.06% -37.60%
10.89
1.02
4.53% 8.62%
14.6B
9.0B
-14.58% -41.72%
12.03
1.62
3.53% -7.69%
MID-CAP
6.3B
5.2B
-5.92% -2.26%
6.48
1.21
12.10% 16.37%
6.3B
2.3B
-4.17% -20.09%
36.11
2.72
11.25% -20.94%
4.6B
16.7B
-35.19% -72.18%
1.92
0.27
-6.72% -3.38%
3.6B
1.7B
-0.23% -54.28%
15.46
2.12
6.24% -19.77%
SMALL-CAP
1.5B
9.6B
-19.69% -73.52%
7.59
0.15
-4.39% -80.35%
952.1M
3.9B
-9.93% -45.25%
0.36
0.24
-35.94% 740.58%
867.6M
704.9M
-10.81% -39.86%
-347.05
1.23
-2.87% -100.32%
690.1M
3.1B
-30.38% -61.09%
90.87
0.22
0.62% -96.97%
618.2M
3.9B
-38.63% -77.77%
-2.34
0.16
9.95% -66.25%
495.2M
893.8M
-11.73% -9.22%
21.24
0.55
28.05% -53.48%
340.4M
483.5M
7.36% 10.20%
8.06
0.7
14.03% -27.43%
285.9K
210.6M
0.14% -39.92%
-0.01
0
22.38% -179.02%

Financials for Altice USA

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-1.6%9,6489,8009,98110,03410,091
EBITDA-7.5%4,1644,5034,7703,603-
EBITDA Margin-6.1%0.43*0.46*0.36*--
Earnings Before Taxes-38.7%5178421,0851,2001,306
EBT Margin-37.7%0.05*0.09*0.12*--
Interest Expenses-1.2%1,8741,8961,8861,267-
Net Income-69.6%195639821913990
Net Income Margin-69.1%0.02*0.07*0.09*--
Free Cahsflow-45.1%4538251,0781,293-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.1%33,66533,28333,12033,14433,215
  Current Assets2.7%2,5682,5002,623783790
    Cash Equivalents21.9%305251233196196
  Net PPE6.0%7,5017,0786,7806,5146,340
  Goodwill0.0%8,2098,2068,2068,2068,206
Liabilities1.6%34,16933,62233,59433,77134,086
  Current Liabilities1.8%4,0403,9704,5242,7772,735
  Long Term Debt-0.1%26,35226,37326,44126,547-
    LT Debt, Current0.6%2,0752,0622,694969917
    LT Debt, Non Current0.9%24,51324,29023,67925,47125,629
Shareholder's Equity42.1%-503-870---
  Retained Earnings-41.9%-654-461-546-652-848
  Additional Paid-In Capital32.7%18313810059.0018.00
Accumulated Depreciation1.8%7,7857,6497,5507,3637,143
Shares Outstanding0.0%453453453--
Minority Interest-12.3%-28.70-25.55-38.16-45.52-51.11
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-8.3%2,3672,5822,6512,7052,854
  Share Based Compensation20.8%16013211911198.00
Cashflow From Investing-9.1%-1,921-1,761-1,574-1,754-1,573
Cashflow From Financing58.1%-335-801-1,064-973-1,362
  Buy BacksNaN%0.000.0079.00301805

Risks for ATUS

What is the probability of a big loss on ATUS?

81.2%


Probability that Altice USA stock will be more than 20% underwater in next one year

59.2%


Probability that Altice USA stock will be more than 30% underwater in next one year.

38.1%


Probability that Altice USA stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ATUS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Altice USA was unfortunately bought at previous high price.

Drawdowns

Returns for ATUS

Cumulative Returns on ATUS

-28.1%


5-Year Cumulative Returns

-48.1%


3-Year Cumulative Returns

What are the long-term rolling returns for ATUS?

FIve years rolling returns for Altice USA.

Annualized Returns

Which funds bought or sold ATUS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
added
0.46
-5,200
19,886
-%
2023-03-17
American Portfolios Advisors
unchanged
-
-7,039
11,998
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.04
-28,742
107,258
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-26.91
-
1,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
-33,104
123,896
-%
2023-02-24
NATIXIS
sold off
-100
-7,474,000
-
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-16.26
-15,220
29,780
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-14,000
-
-%
2023-02-21
KB FINANCIAL PARTNERS, LLC
added
19.59
-17,000
285,000
0.10%
2023-02-17
TRUIST FINANCIAL CORP
sold off
-100
-79,000
-
-%

1–10 of 41

Latest Funds Activity

Are funds buying ATUS calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ATUS
No. of Funds

Altice USA News

InvestorsObserver

How Will the Market React to Altice USA Inc (ATUS) Stock Getting a Bearish Rating.

InvestorsObserver,
4 days ago

InvestorsObserver

The Motley Fool

Schedule 13G FIlings of Altice USA

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 15, 2023
barrow hanley mewhinney & strauss llc
12.%
10
SC 13G
Feb 14, 2023
clarkston capital partners, llc
7.75%
35,252,350
SC 13G/A
Feb 14, 2023
redwood capital management, llc
5.66%
15,289,699
SC 13G
Feb 09, 2023
vanguard group inc
8.61%
23,264,129
SC 13G/A
Jan 25, 2023
drahi patrick
49.3%
224,517,273
SC 13G/A
Apr 07, 2022
clarkston capital partners, llc
10.19%
27,554,566
SC 13G/A
Feb 14, 2022
goldman sachs group inc
4.2%
11,311,466
SC 13G/A
Feb 11, 2022
drahi patrick
49.7%
225,985,851
SC 13G/A
Feb 11, 2022
barrow hanley mewhinney & strauss llc
7.49%
20,137,297
SC 13G
Feb 09, 2022
vanguard group inc
7.41%
19,929,303
SC 13G/A

ATUS Fair Value

Altice USA fair value in different scenarios

The table shows the Fair Value estimates for Altice USA for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

12.27

290.76%

20.08

539.49%

37.97

1109.24%

71.38

2173.25%

93.51

2878.03%
Current Inflation

2.52

-19.75%

4.51

43.63%

8.44

168.79%

12.04

283.44%

17.02

442.04%
Very High Inflation

8.73

178.03%

14.03

346.82%

26.01

728.34%

48.91

1457.64%

63.74

1929.94%

Historical Altice USA Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Altice USA

View All Filings
Date Filed Form Type Document
Mar 24, 2023
4
Insider Trading
Mar 24, 2023
4
Insider Trading
Mar 24, 2023
4
Insider Trading
Mar 22, 2023
8-K
Current Report
Mar 22, 2023
8-K
Current Report
Mar 21, 2023
4
Insider Trading
Mar 21, 2023
4
Insider Trading
Mar 21, 2023
4
Insider Trading
Mar 21, 2023
4
Insider Trading
Mar 13, 2023
3
Insider Trading

Latest Insider Trading transactions for ATUS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-22
Svider Raymond
acquired
-
-
39,063
-
2023-03-22
Mullen Mark
acquired
-
-
39,063
-
2023-03-22
SCHNABEL SUSAN C
acquired
-
-
39,063
-
2023-03-17
Sirota Marc
acquired
-
-
753,769
chief financial officer
2023-03-17
Olsen Michael
acquired
-
-
251,256
evp, gen. counsel & secy
2023-03-17
Bruzzese Maria
acquired
-
-
50,251
chief accounting officer
2023-03-17
Schmidt Colleen
acquired
-
-
157,035
evp human resources
2023-03-01
Olsen Michael
acquired
-
-
182,597
evp, gen. counsel & secy
2023-03-01
Bruzzese Maria
acquired
-
-
25,827
chief accounting officer
2023-03-01
Grau Michael
acquired
-
-
241,116
-

1–10 of 50

About Altice USA

Dexter G. Goei
9000
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 approximately five million 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. It also provides voice over Internet protocol telephone services; and mobile services, such as data, talk, and text. In addition, the company offers Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony services, managed Wi-Fi, managed desktop and server backup, and collaboration services comprising audio and web conferencing; fiber-to-the-tower services to wireless carriers; data services consisting of wide area networking and dedicated data access, as well as wireless mesh networks; and enterprise class telephone services that include traditional multi-line phone service. Further, it provides business e-mail, hosted private branch exchange, web space storage, and network security monitoring; and international calling and toll free numbers. Additionally, the company offers audience-based and IP-authenticated cross-screen advertising solutions; and television and digital advertising services, as well as operates news channels under the News 12 Networks, Cheddar, and i24NEWS names. It also provides broadband communications and video services under the Optimum and Suddenlink brands. The company was incorporated in 2015 and is headquartered in Long Island City, New York. Altice USA, Inc. is a subsidiary of Next Alt. S.a.r.l.

ATUS Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenue (including revenue from affiliates of $2,368, $13,238 and $14,729, respectively) (See Note 16)$ 9,647,659$ 10,090,849$ 9,894,642
Costs and Expenses [Abstract]   
Programming and other direct costs (including charges from affiliates of $14,321, $17,167 and $13,346, respectively) (See Note 16)3,205,6383,382,1293,340,442
Other operating expenses (including charges from affiliates of $12,210, $11,989 and $11,869, respectively) (See Note 16)2,735,4692,379,7652,264,473
Restructuring expense and other operating items130,28517,17691,073
Depreciation, Depletion and Amortization1,773,6731,787,1522,083,365
Total operating expenses7,845,0657,566,2227,779,353
Operating Income (Loss), Total1,802,5942,524,6272,115,289
Nonoperating Income (Expense) [Abstract]   
Interest expense, net(1,331,636)(1,266,591)(1,350,341)
Gain on investments, net(659,792)(88,898)320,061
Gain (loss) on derivative contracts, net425,81585,911(178,264)
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments271,78892,735(78,606)
Loss on extinguishment of debt and write-off of deferred financing costs(575)(51,712)(250,489)
Other income, net8,5359,8355,577
Total other income (expense)(1,285,865)(1,218,720)(1,532,062)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total516,7291,305,907583,227
Income tax expense(295,840)(294,975)(139,748)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest220,8891,010,932443,479
Net income attributable to noncontrolling interests(26,326)(20,621)(7,296)
Net Income (Loss) Attributable to Parent, Total$ 194,563$ 990,311$ 436,183
Earnings Per Share [Abstract]   
Basic income per share$ 0.43$ 2.16$ 0.75
Basic weighted average shares outstanding453,244458,311581,057
Diluted income per share$ 0.43$ 2.14$ 0.75
Diluted weighted average common shares (in thousands)453,282462,295583,689
Cash dividends declared per common share$ 0$ 0$ 0

ATUS Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:  
Cash and Cash Equivalents, at Carrying Value$ 305,484$ 195,711
Restricted Cash, Current267264
Accounts receivable, trade (less allowance for doubtful accounts of $20,767 and $27,931, respectively)365,992406,952
Prepaid expenses and other current assets ($572 and $3,776 due from affiliates, respectively)130,684183,714
Derivative Asset, Current263,8732,993
Securities Held as Collateral, at Fair Value1,502,1450
Total current assets2,568,445789,634
Property, plant and equipment, net of accumulated depreciation of $7,785,397 and $7,142,852, respectively7,500,7806,340,467
Operating Lease, Right-of-Use Asset250,601222,124
Investment securities pledged as collateral02,161,937
Other assets259,68176,653
Amortizable intangibles, net of accumulated amortization of $5,549,674 and $5,051,149, respectively1,660,3312,202,001
Indefinite-lived cable television franchises13,216,35513,216,355
Goodwill8,208,7738,205,863
Total assets33,664,96633,215,034
Liabilities, Current [Abstract]  
Accounts Payable, Current1,213,8061,023,045
Interest Payable, Current252,351244,934
Employee-related Liabilities, Current139,328124,941
Contract with Customer, Liability, Current80,55994,943
Long-Term Debt, Current Maturities2,075,077917,313
Other Accrued Liabilities, Current278,580329,943
Liabilities, Current, Total4,039,7012,735,119
Other Liabilities, Noncurrent274,623159,082
Deferred Income Tax Liabilities, Net5,081,6615,048,129
Derivative Liability, Noncurrent0276,933
Operating Lease, Liability, Noncurrent260,237237,226
Long-Term Debt, Excluding Current Maturities24,512,65625,629,447
Liabilities, Total34,168,87834,085,936
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Preferred stock, $0.01 par value, 100,000,000 shares authorized, no shares issued and outstanding00
Paid-in capital182,70118,005
Retained Earnings (Accumulated Deficit)(654,273)(848,836)
Total stockholders' equity before accumulated other comprehensive Income and non-controlling interest(467,010)(826,285)
Treasury stock, at cost (18,921 and 20,887 Class A common shares at December 31, 2022 and 2021, respectively)00
Accumulated Other Comprehensive Income (Loss), Net of Tax(8,201)6,497
Total Altice USA stockholders' deficiency(475,211)(819,788)
Stockholders' Equity Attributable to Noncontrolling Interest(28,701)(51,114)
Total stockholders' deficiency(503,912)(870,902)
Liabilities and Equity33,664,96633,215,034
Common Class A  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Common Stock, Value, Issued2,7192,703
Common Class B  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Common Stock, Value, Issued1,8431,843
Common Class C  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Common Stock, Value, Issued00
CSC Holdings  
Current Assets:  
Cash and Cash Equivalents, at Carrying Value305,477193,154
Restricted Cash, Current267264
Accounts receivable, trade (less allowance for doubtful accounts of $20,767 and $27,931, respectively)365,992406,952
Prepaid expenses and other current assets ($572 and $3,776 due from affiliates, respectively)130,684183,714
Derivative Asset, Current263,8732,993
Securities Held as Collateral, at Fair Value1,502,1450
Total current assets2,568,438787,077
Property, plant and equipment, net of accumulated depreciation of $7,785,397 and $7,142,852, respectively7,500,7806,340,467
Operating Lease, Right-of-Use Asset250,601222,124
Investment securities pledged as collateral02,161,937
Other assets259,68176,653
Amortizable intangibles, net of accumulated amortization of $5,549,674 and $5,051,149, respectively1,660,3312,202,001
Indefinite-lived cable television franchises13,216,35513,216,355
Goodwill8,208,7738,205,863
Total assets33,664,95933,212,477
Liabilities, Current [Abstract]  
Accounts Payable, Current1,213,8061,023,045
Interest Payable, Current252,351244,934
Employee-related Liabilities, Current139,328124,941
Contract with Customer, Liability, Current80,55994,943
Long-Term Debt, Current Maturities2,075,077917,313
Other Accrued Liabilities, Current278,580329,944
Liabilities, Current, Total4,039,7012,735,120
Other Liabilities, Noncurrent274,623159,082
Deferred Income Tax Liabilities, Net5,090,2945,067,442
Derivative Liability, Noncurrent0276,933
Operating Lease, Liability, Noncurrent260,237237,226
Long-Term Debt, Excluding Current Maturities24,512,65625,629,447
Liabilities, Total34,177,51134,105,250
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Accumulated Other Comprehensive Income (Loss), Net of Tax(8,201)6,497
Stockholders' Equity Attributable to Noncontrolling Interest(28,701)(51,114)
Liabilities and Equity$ 33,664,959$ 33,212,477