Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Altice USA Inc Stock Research

ATUS

3.21USD+0.17(+5.59%)Market Closed
Watchlist

Market Summary

USD3.21+0.17
Market Closed
5.59%

ATUS Stock Price

ATUS RSI Chart

ATUS Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

-365.16

Price/Sales (Trailing)

0.16

EV/EBITDA

2.52

Price/Free Cashflow

-9.92

ATUS Price/Sales (Trailing)

ATUS Profitability

EBT Margin

3.08%

Return on Equity

-38.61%

Return on Assets

0.07%

Free Cashflow Yield

-10.08%

ATUS Fundamentals

ATUS Revenue

Revenue (TTM)

9.4B

Revenue Y/Y

-5.63%

Revenue Q/Q

1.32%

ATUS Earnings

Earnings (TTM)

-4.0M

Earnings Y/Y

-26.25%

Earnings Q/Q

202.73%

Price Action

52 Week Range

2.017.06
(Low)(High)

Last 7 days

-5.0%

Last 30 days

2.2%

Last 90 days

9.2%

Trailing 12 Months

-49.1%

ATUS Financial Health

Current Ratio

0.32

Debt/Equity

-52.3

Debt/Cashflow

0.09

ATUS Investor Care

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

-0.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ATUS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-15
Goei Dexter
gifted
-
-
-150,000
-
2023-06-29
Olsen Michael
acquired
-
-
146,484
general counsel and ccro
2023-03-22
Goei Dexter
back to issuer
-
-
-1,425,150
-
2023-03-22
Svider Raymond
acquired
-
-
39,063
-
2023-03-22
SCHNABEL SUSAN C
acquired
-
-
39,063
-
2023-03-22
Mullen Mark
acquired
-
-
39,063
-
2023-03-17
Schmidt Colleen
acquired
-
-
157,035
evp human resources
2023-03-17
Bruzzese Maria
acquired
-
-
50,251
chief accounting officer
2023-03-17
Olsen Michael
acquired
-
-
251,256
evp, gen. counsel & secy
2023-03-17
Sirota Marc
acquired
-
-
753,769
chief financial officer

1–10 of 50

Which funds bought or sold ATUS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
BROOKFIELD Corp /ON/
reduced
-62.11
-600,586
302,000
-%
2023-09-21
Jefferies Group LLC
reduced
-20.00
-229,300
233,200
-%
2023-09-20
BARCLAYS PLC
reduced
-49.26
-2,396,000
1,941,000
-%
2023-08-30
Cerberus Capital Management, L.P.
added
26.27
748,534
7,259,060
0.17%
2023-08-23
CTC Alternative Strategies, Ltd.
new
-
90,600
90,600
0.11%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
sold off
-100
-228,456
-
-%
2023-08-22
COMERICA BANK
new
-
-
-
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-28.69
-339,713
577,699
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-18.93
-3,102
7,810
-%
2023-08-16
RESOURCES MANAGEMENT CORP /CT/ /ADV
sold off
-100
-22,000
-
-%

1–10 of 44

Latest Funds Activity

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

Schedule 13G FIlings of Altice USA

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 17, 2023
clarkston capital partners, llc
12.97%
35,252,350
SC 13G/A
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

Recent SEC filings of Altice USA

View All Filings
Date Filed Form Type Document
Aug 15, 2023
4
Insider Trading
Aug 03, 2023
10-Q
Quarterly Report
Aug 02, 2023
8-K
Current Report
Jul 17, 2023
8-K
Current Report
Jun 30, 2023
4
Insider Trading

ATUS Fair Value

Loading...

Peers (Alternatives to Altice USA)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
65.1B
54.5B
0.33% 41.23%
13.59
1.19
2.60% -15.83%
15.6B
9.0B
-0.73% -28.37%
13.55
1.75
0.44% -8.55%
MID-CAP
6.7B
2.4B
-4.92% 42.91%
37.93
2.83
7.76% -7.72%
4.9B
5.3B
-12.65% -16.08%
7.08
0.94
8.13% -23.40%
3.4B
1.7B
-4.56% -32.64%
32.34
2.02
-1.31% -70.36%
3.0B
16.0B
-5.30% -59.52%
1.67
0.19
-8.20% -13.13%
SMALL-CAP
1.5B
9.4B
2.23% -49.13%
-365.16
0.16
-6.01% -100.49%
768.6M
3.3B
-23.56% -49.69%
4.47
0.23
-34.89% -93.14%
645.2M
699.0M
0.39% -40.69%
-4.25
0.92
-1.96% -120.03%
498.3M
3.8B
-5.11% -57.12%
-0.37
0.13
1.55% -1758.48%
487.1M
3.0B
-3.14% -45.14%
-78.89
0.16
-0.73% -101.96%
359.0M
484.6M
-1.67% -1.86%
8.5
0.74
10.07% 1.46%
320.4M
1.0B
-2.14% -10.54%
33.68
0.31
23.24% -66.15%

Altice USA News

InvestorsObserver
Should Telecom Services Stock Altice USA Inc (ATUS) Be in Your Portfolio Wednesday?.
InvestorsObserver,
12 hours ago
Marketscreener.com
Marketscreener.com
Marketscreener.com
Marketscreener.com
Marketscreener.com

Returns for ATUS

Cumulative Returns on ATUS

-29.3%


5-Year Cumulative Returns

-50.3%


3-Year Cumulative Returns

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

59.6%


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

40.8%


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

Financials for Altice USA

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-1.5%9,3819,5209,6489,8009,98110,03410,09110,1059,9649,9239,8959,8349,8389,8159,7619,7419,7209,6339,5679,4719,376
EBITDA-100.0%-661-4,5034,7703,6034,3603,8653,5774,2334,0193,7653,9794,0133,987------
EBITDA Margin-100.0%-0.07*-0.46*-0.36*0.43*0.38*0.36*0.43*0.41*0.38*0.40*0.41*0.41*0.43*-----
Interest Expenses-9.3%-1,515-1,387-1,2671,2891,2801,267-8.386331,3041,3531,4171,4831,5131,5371,5571,5581,5671,5561,5281,517
Earnings Before Taxes-4.3%2812935178421,0851,2001,3061,3961,051958583208293250187341355124-18.06-342-806
EBT Margin-100.0%-0.03*0.05*0.09*-0.12*0.13*0.14*0.11*0.10*0.06*0.02*0.03*0.03*0.02*------
Net Income-116.7%-4.0024.001956398219139901,06979871143610618816313935230712319.002,0481,823
Net Income Margin-100.0%-0.00*0.02*0.07*-0.09*0.10*0.11*0.08*0.07*0.04*0.01*0.02*0.02*0.01*------
Free Cashflow-100.0%-79.004538251,0781,2931,6221,7791,8482,1491,9061,8571,5651,3301,199------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.4%32,10831,98733,66533,28333,12033,14433,21533,43333,53233,17033,37733,90034,81433,39634,10833,77433,78033,55933,61433,95733,915
  Current Assets2.3%7367202,5682,5002,6237837908458018319771,6072,5549281,3818187437119031,113958
    Cash Equivalents-0.6%2192203052512331961962332222212799841,952245702175139123299486381
  Net PPE2.2%7,9637,7917,5017,0786,7806,5146,3406,0926,0235,8445,8065,7615,7235,7815,7535,7975,8155,7725,8295,7605,695
  Goodwill0%8,2098,2098,2098,2068,2068,2068,2068,2068,2068,1618,1618,1618,1428,1428,1428,1398,1388,0128,0128,0128,005
Liabilities0.1%32,48932,46734,16933,62233,59433,77134,08634,56534,88134,55434,55433,13933,64131,74031,72031,46731,07130,35829,80430,10629,877
  Current Liabilities33.8%3,0072,2474,0403,9704,5242,7772,7353,6693,0953,1913,0981,9623,6931,8821,9781,8792,5191,8022,0212,4772,957
    LT Debt, Current197.8%1,1113732,0752,0622,6949699171,8901,2971,2581,2462261,859180171---159--
    LT Debt, Non Current-2.5%24,00424,62424,51324,29023,67925,47125,62924,88225,69225,43125,47725,47624,32624,26824,25023,896--22,654--
Shareholder's Equity------------7451,1581,5902,2792,0892,5343,0113,6803,6713,867
  Retained Earnings12.5%-550-628-654-461-546-652-848-1,100-1,315-1,185-98549650139039139031322725239.006.00
  Additional Paid-In Capital5.7%16916018313810059.0018.00----4058181,3632,0401,7102,2202,7783,4243,6193,857
Accumulated Depreciation0.8%7,9997,9357,7857,6497,5507,3637,1437,0036,7846,6406,4326,1585,8815,6015,2775,0584,7054,3854,0453,3943,394
Shares Outstanding0.0%455455-453453453-454457469476571588621633644668696709733737
Minority Interest22.8%-24.26-31.42-28.70-25.55-38.16-45.52-51.11-46.16-50.05-53.40-62.1111.009.009.009.008.008.008.009.009.007.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-10.9%1,9462,1842,3672,5822,6512,7052,8542,9692,9303,1362,9802,9092,7912,6442,5542,5722,6422,5812,5082,5062,366
  Share Based Compensation-17.7%96.0011716013211911198.0010812012512515513712010662.0056.0052.0060.0063.0065.00
Cashflow From Investing0.6%-2,101-2,113-1,921-1,761-1,574-1,754-1,573-1,533-1,572-1,133-1,220-1,197-1,221-1,483-1,525-1,508-1,475-1,225-1,148-1,144-1,085
Cashflow From Financing406.3%141-45.87-335-801-1,064-973-1,362-2,186-3,087-2,025-2,181-900246-1,037-624-1,373-1,408-2,660-1,391-1,550-1,601
  Dividend Payments-------------------1,500-1,679
  Buy Backs-----79.003018053,8074,1614,5944,8161,8151,8681,8261,6871,9601,7001,087500302-

ATUS Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenue (including revenue from affiliates of $604, $478, $682, and $1,116, respectively) (See Note 13)$ 2,324,274$ 2,463,014$ 4,618,252$ 4,884,911
Operating expenses:    
Programming and other direct costs (including charges from affiliates of $3,080, $2,715, $5,722, and $7,333, respectively) (See Note 13)762,280819,0111,533,9991,647,804
Other operating expenses (including charges from affiliates of $5,119 , $3,037, $9,795, and $6,132, respectively) (See Note 13)656,128673,4641,307,3731,315,370
Restructuring expense and other operating items5,1782,67334,8506,051
Depreciation and amortization (including impairments)418,705446,125834,917881,474
Total operating expenses1,842,2911,941,2733,711,1393,850,699
Operating income481,983521,741907,1131,034,212
Other income (expense):    
Interest expense, net(406,709)(310,213)(795,987)(613,575)
Gain (loss) on investments, net0(325,601)192,010(476,374)
Gain (loss) on derivative contracts, net0219,114(166,489)320,188
Gain on interest rate swap contracts, net61,16539,86846,736163,015
Gain on extinguishment of debt and write-off of deferred financing costs004,3930
Other income (loss), net(1,570)2,5218,6354,951
Total other income (expense)(347,114)(374,311)(710,702)(601,795)
Income before income taxes134,869147,430196,411432,417
Income tax expense(48,725)(33,890)(79,097)(116,736)
Net income86,144113,540117,314315,681
Net income attributable to noncontrolling interests(7,844)(7,366)(13,149)(12,956)
Net income attributable to stockholders$ 78,300$ 106,174$ 104,165$ 302,725
Income per share:    
Basic income per share$ 0.17$ 0.23$ 0.23$ 0.67
Basic weighted average common shares (in thousands)454,688453,230454,687453,230
Diluted income per share$ 0.17$ 0.23$ 0.23$ 0.67
Diluted weighted average common shares (in thousands)454,688453,230455,139453,230
Cash dividends declared per common share$ 0$ 0$ 0$ 0

ATUS Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 219,128$ 305,484
Restricted cash273267
Accounts receivable, trade (less allowance for doubtful accounts of $24,883 and $20,767, respectively)332,657365,992
Derivative contracts0263,873
Investment securities pledged as collateral01,502,145
Total current assets736,3212,568,445
Property, plant and equipment, net of accumulated depreciation of $7,999,028 and $7,785,397, respectively7,963,0477,500,780
Right-of-use operating lease assets261,630250,601
Other assets270,208259,681
Amortizable intangibles, net of accumulated amortization of $5,758,653 and $5,549,674, respectively1,451,3701,660,331
Indefinite-lived cable television franchises13,216,35513,216,355
Goodwill8,208,7738,208,773
Total assets32,107,70433,664,966
Current Liabilities:  
Accounts payable979,2881,213,806
Interest payable279,085252,351
Accrued employee related costs135,505139,328
Deferred revenue87,50680,559
Debt1,111,1442,075,077
Total current liabilities3,007,3764,039,701
Other liabilities231,463274,623
Deferred tax liability4,970,2855,081,661
Right-of-use operating lease liability276,142260,237
Long-term debt, net of current maturities24,003,95324,512,656
Total liabilities32,489,21934,168,878
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest21,6180
Stockholders' Deficiency:  
Preferred stock, $0.01 par value, 100,000,000 shares authorized, no shares issued and outstanding00
Paid-in capital168,933182,701
Accumulated deficit(550,108)(654,273)
Total stockholders' equity before accumulated other comprehensive Income and non-controlling interest(376,628)(467,010)
Treasury stock, at cost (18,921 Class A common shares at December 31, 2022)00
Accumulated other comprehensive loss(2,245)(8,201)
Total Altice USA stockholders' deficiency(378,873)(475,211)
Noncontrolling interests(24,260)(28,701)
Total stockholders' deficiency(403,133)(503,912)
Total liabilities and stockholders' deficiency32,107,70433,664,966
Nonrelated Party  
Current Assets:  
Prepaid expenses and other current assets ($299 and $572 due from affiliates, respectively)184,263130,684
Current Liabilities:  
Other current liabilities ($51,797 and $20,857 due to affiliates, respectively)414,848278,580
Common Class A  
Stockholders' Deficiency:  
Common stock2,7042,719
Common Class B  
Stockholders' Deficiency:  
Common stock1,8431,843
Common Class C  
Stockholders' Deficiency:  
Common stock$ 0$ 0

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.