Market Summary
USD3.14+0.05
Delayed1.62%
ATUS Stock Price
ATUS RSI Chart
ATUS Valuation
ATUS Price/Sales (Trailing)
ATUS Profitability
ATUS Fundamentals
ATUS Revenue
ATUS Earnings
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
ATUS Investor Care
Peers (Alternatives to Altice USA)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CHTR | 55.0B | 54.0B | -7.06% | -37.60% | 10.89 | 1.02 | 4.53% | 8.62% |
SIRI | 14.6B | 9.0B | -14.58% | -41.72% | 12.03 | 1.62 | 3.53% | -7.69% |
| MID-CAP | ||||||||
NXST | 6.3B | 5.2B | -5.92% | -2.26% | 6.48 | 1.21 | 12.10% | 16.37% |
NYT | 6.3B | 2.3B | -4.17% | -20.09% | 36.11 | 2.72 | 11.25% | -20.94% |
DISH | 4.6B | 16.7B | -35.19% | -72.18% | 1.92 | 0.27 | -6.72% | -3.38% |
CABO | 3.6B | 1.7B | -0.23% | -54.28% | 15.46 | 2.12 | 6.24% | -19.77% |
| SMALL-CAP | ||||||||
ATUS | 1.5B | 9.6B | -19.69% | -73.52% | 7.59 | 0.15 | -4.39% | -80.35% |
SBGI | 952.1M | 3.9B | -9.93% | -45.25% | 0.36 | 0.24 | -35.94% | 740.58% |
WOW | 867.6M | 704.9M | -10.81% | -39.86% | -347.05 | 1.23 | -2.87% | -100.32% |
AMCX | 690.1M | 3.1B | -30.38% | -61.09% | 90.87 | 0.22 | 0.62% | -96.97% |
IHRT | 618.2M | 3.9B | -38.63% | -77.77% | -2.34 | 0.16 | 9.95% | -66.25% |
EVC | 495.2M | 893.8M | -11.73% | -9.22% | 21.24 | 0.55 | 28.05% | -53.48% |
UONE | 340.4M | 483.5M | 7.36% | 10.20% | 8.06 | 0.7 | 14.03% | -27.43% |
HMTV | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | -1.6% | 9,648 | 9,800 | 9,981 | 10,034 | 10,091 |
| EBITDA | -7.5% | 4,164 | 4,503 | 4,770 | 3,603 | - |
| EBITDA Margin | -6.1% | 0.43* | 0.46* | 0.36* | - | - |
| Earnings Before Taxes | -38.7% | 517 | 842 | 1,085 | 1,200 | 1,306 |
| EBT Margin | -37.7% | 0.05* | 0.09* | 0.12* | - | - |
| Interest Expenses | -1.2% | 1,874 | 1,896 | 1,886 | 1,267 | - |
| Net Income | -69.6% | 195 | 639 | 821 | 913 | 990 |
| Net Income Margin | -69.1% | 0.02* | 0.07* | 0.09* | - | - |
| Free Cahsflow | -45.1% | 453 | 825 | 1,078 | 1,293 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 1.1% | 33,665 | 33,283 | 33,120 | 33,144 | 33,215 |
| Current Assets | 2.7% | 2,568 | 2,500 | 2,623 | 783 | 790 |
| Cash Equivalents | 21.9% | 305 | 251 | 233 | 196 | 196 |
| Net PPE | 6.0% | 7,501 | 7,078 | 6,780 | 6,514 | 6,340 |
| Goodwill | 0.0% | 8,209 | 8,206 | 8,206 | 8,206 | 8,206 |
| Liabilities | 1.6% | 34,169 | 33,622 | 33,594 | 33,771 | 34,086 |
| Current Liabilities | 1.8% | 4,040 | 3,970 | 4,524 | 2,777 | 2,735 |
| Long Term Debt | -0.1% | 26,352 | 26,373 | 26,441 | 26,547 | - |
| LT Debt, Current | 0.6% | 2,075 | 2,062 | 2,694 | 969 | 917 |
| LT Debt, Non Current | 0.9% | 24,513 | 24,290 | 23,679 | 25,471 | 25,629 |
| Shareholder's Equity | 42.1% | -503 | -870 | - | - | - |
| Retained Earnings | -41.9% | -654 | -461 | -546 | -652 | -848 |
| Additional Paid-In Capital | 32.7% | 183 | 138 | 100 | 59.00 | 18.00 |
| Accumulated Depreciation | 1.8% | 7,785 | 7,649 | 7,550 | 7,363 | 7,143 |
| Shares Outstanding | 0.0% | 453 | 453 | 453 | - | - |
| Minority Interest | -12.3% | -28.70 | -25.55 | -38.16 | -45.52 | -51.11 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -8.3% | 2,367 | 2,582 | 2,651 | 2,705 | 2,854 |
| Share Based Compensation | 20.8% | 160 | 132 | 119 | 111 | 98.00 |
| Cashflow From Investing | -9.1% | -1,921 | -1,761 | -1,574 | -1,754 | -1,573 |
| Cashflow From Financing | 58.1% | -335 | -801 | -1,064 | -973 | -1,362 |
| Buy Backs | NaN% | 0.00 | 0.00 | 79.00 | 301 | 805 |
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 ascending | Fund Name | Type | % 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 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Altice USA News
Schedule 13G FIlings of Altice USA
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 | - |
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
2022-12-31CONSOLIDATED 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) | 3,205,638 | 3,382,129 | 3,340,442 |
| Other operating expenses (including charges from affiliates of $12,210, $11,989 and $11,869, respectively) (See Note 16) | 2,735,469 | 2,379,765 | 2,264,473 |
| Restructuring expense and other operating items | 130,285 | 17,176 | 91,073 |
| Depreciation, Depletion and Amortization | 1,773,673 | 1,787,152 | 2,083,365 |
| Total operating expenses | 7,845,065 | 7,566,222 | 7,779,353 |
| Operating Income (Loss), Total | 1,802,594 | 2,524,627 | 2,115,289 |
| 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, net | 425,815 | 85,911 | (178,264) |
| Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments | 271,788 | 92,735 | (78,606) |
| Loss on extinguishment of debt and write-off of deferred financing costs | (575) | (51,712) | (250,489) |
| Other income, net | 8,535 | 9,835 | 5,577 |
| Total other income (expense) | (1,285,865) | (1,218,720) | (1,532,062) |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total | 516,729 | 1,305,907 | 583,227 |
| Income tax expense | (295,840) | (294,975) | (139,748) |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | 220,889 | 1,010,932 | 443,479 |
| 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 outstanding | 453,244 | 458,311 | 581,057 |
| Diluted income per share | $ 0.43 | $ 2.14 | $ 0.75 |
| Diluted weighted average common shares (in thousands) | 453,282 | 462,295 | 583,689 |
| Cash dividends declared per common share | $ 0 | $ 0 | $ 0 |
ATUS Balance Sheet
2022-12-31CONSOLIDATED 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, Current | 267 | 264 |
| Accounts receivable, trade (less allowance for doubtful accounts of $20,767 and $27,931, respectively) | 365,992 | 406,952 |
| Prepaid expenses and other current assets ($572 and $3,776 due from affiliates, respectively) | 130,684 | 183,714 |
| Derivative Asset, Current | 263,873 | 2,993 |
| Securities Held as Collateral, at Fair Value | 1,502,145 | 0 |
| Total current assets | 2,568,445 | 789,634 |
| Property, plant and equipment, net of accumulated depreciation of $7,785,397 and $7,142,852, respectively | 7,500,780 | 6,340,467 |
| Operating Lease, Right-of-Use Asset | 250,601 | 222,124 |
| Investment securities pledged as collateral | 0 | 2,161,937 |
| Other assets | 259,681 | 76,653 |
| Amortizable intangibles, net of accumulated amortization of $5,549,674 and $5,051,149, respectively | 1,660,331 | 2,202,001 |
| Indefinite-lived cable television franchises | 13,216,355 | 13,216,355 |
| Goodwill | 8,208,773 | 8,205,863 |
| Total assets | 33,664,966 | 33,215,034 |
| Liabilities, Current [Abstract] | ||
| Accounts Payable, Current | 1,213,806 | 1,023,045 |
| Interest Payable, Current | 252,351 | 244,934 |
| Employee-related Liabilities, Current | 139,328 | 124,941 |
| Contract with Customer, Liability, Current | 80,559 | 94,943 |
| Long-Term Debt, Current Maturities | 2,075,077 | 917,313 |
| Other Accrued Liabilities, Current | 278,580 | 329,943 |
| Liabilities, Current, Total | 4,039,701 | 2,735,119 |
| Other Liabilities, Noncurrent | 274,623 | 159,082 |
| Deferred Income Tax Liabilities, Net | 5,081,661 | 5,048,129 |
| Derivative Liability, Noncurrent | 0 | 276,933 |
| Operating Lease, Liability, Noncurrent | 260,237 | 237,226 |
| Long-Term Debt, Excluding Current Maturities | 24,512,656 | 25,629,447 |
| Liabilities, Total | 34,168,878 | 34,085,936 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] | ||
| Preferred stock, $0.01 par value, 100,000,000 shares authorized, no shares issued and outstanding | 0 | 0 |
| Paid-in capital | 182,701 | 18,005 |
| 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) | 0 | 0 |
| 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 Equity | 33,664,966 | 33,215,034 |
| Common Class A | ||
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] | ||
| Common Stock, Value, Issued | 2,719 | 2,703 |
| Common Class B | ||
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] | ||
| Common Stock, Value, Issued | 1,843 | 1,843 |
| Common Class C | ||
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] | ||
| Common Stock, Value, Issued | 0 | 0 |
| CSC Holdings | ||
| Current Assets: | ||
| Cash and Cash Equivalents, at Carrying Value | 305,477 | 193,154 |
| Restricted Cash, Current | 267 | 264 |
| Accounts receivable, trade (less allowance for doubtful accounts of $20,767 and $27,931, respectively) | 365,992 | 406,952 |
| Prepaid expenses and other current assets ($572 and $3,776 due from affiliates, respectively) | 130,684 | 183,714 |
| Derivative Asset, Current | 263,873 | 2,993 |
| Securities Held as Collateral, at Fair Value | 1,502,145 | 0 |
| Total current assets | 2,568,438 | 787,077 |
| Property, plant and equipment, net of accumulated depreciation of $7,785,397 and $7,142,852, respectively | 7,500,780 | 6,340,467 |
| Operating Lease, Right-of-Use Asset | 250,601 | 222,124 |
| Investment securities pledged as collateral | 0 | 2,161,937 |
| Other assets | 259,681 | 76,653 |
| Amortizable intangibles, net of accumulated amortization of $5,549,674 and $5,051,149, respectively | 1,660,331 | 2,202,001 |
| Indefinite-lived cable television franchises | 13,216,355 | 13,216,355 |
| Goodwill | 8,208,773 | 8,205,863 |
| Total assets | 33,664,959 | 33,212,477 |
| Liabilities, Current [Abstract] | ||
| Accounts Payable, Current | 1,213,806 | 1,023,045 |
| Interest Payable, Current | 252,351 | 244,934 |
| Employee-related Liabilities, Current | 139,328 | 124,941 |
| Contract with Customer, Liability, Current | 80,559 | 94,943 |
| Long-Term Debt, Current Maturities | 2,075,077 | 917,313 |
| Other Accrued Liabilities, Current | 278,580 | 329,944 |
| Liabilities, Current, Total | 4,039,701 | 2,735,120 |
| Other Liabilities, Noncurrent | 274,623 | 159,082 |
| Deferred Income Tax Liabilities, Net | 5,090,294 | 5,067,442 |
| Derivative Liability, Noncurrent | 0 | 276,933 |
| Operating Lease, Liability, Noncurrent | 260,237 | 237,226 |
| Long-Term Debt, Excluding Current Maturities | 24,512,656 | 25,629,447 |
| Liabilities, Total | 34,177,511 | 34,105,250 |
| 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 |