Q1 2025 EPS Estimates for Altice USA, Inc. (NYSE:ATUS) Cut by Zacks Research

Altice USA, Inc. (NYSE:ATUS) – Analysts at Zacks Research decreased their Q1 2025 earnings per share estimates for shares of Altice USA in a research report issued on Wednesday, September 25th. Zacks Research analyst R. Department now forecasts that the company will earn ($0.04) per share for the quarter, down from their prior forecast of ($0.03). The consensus estimate for Altice USA’s current full-year earnings is $0.10 per share. Zacks Research also issued estimates for Altice USA’s Q2 2025 earnings at ($0.02) EPS and FY2025 earnings at ($0.03) EPS.

A number of other research analysts also recently weighed in on the company. UBS Group downgraded Altice USA from a “buy” rating to a “neutral” rating and cut their price target for the company from $4.00 to $2.00 in a research note on Friday, August 2nd. Evercore ISI dropped their price objective on Altice USA from $3.00 to $2.00 and set an “in-line” rating on the stock in a research note on Tuesday, July 2nd. Finally, The Goldman Sachs Group began coverage on Altice USA in a research note on Monday, July 1st. They set a “sell” rating and a $2.00 price objective on the stock. Six research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $1.97.

Altice USA Stock Performance

NYSE:ATUS opened at $2.46 on Monday. The stock’s fifty day moving average price is $1.93 and its two-hundred day moving average price is $2.12. Altice USA has a 52-week low of $1.52 and a 52-week high of $3.66. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 246.00, a P/E/G ratio of 2.71 and a beta of 1.51.

Altice USA (NYSE:ATUS) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.05). Altice USA had a negative return on equity of 1.54% and a negative net margin of 0.62%. The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same period in the prior year, the company posted $0.17 EPS. The firm’s quarterly revenue was down 3.6% compared to the same quarter last year.

Hedge Funds Weigh In On Altice USA

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC acquired a new stake in Altice USA during the second quarter worth approximately $25,000. Headlands Technologies LLC acquired a new stake in shares of Altice USA in the first quarter valued at approximately $46,000. Quadrature Capital Ltd acquired a new stake in shares of Altice USA in the fourth quarter valued at approximately $47,000. Alpine Global Management LLC acquired a new stake in shares of Altice USA in the first quarter valued at approximately $65,000. Finally, Swedbank AB acquired a new stake in shares of Altice USA in the first quarter valued at approximately $66,000. Institutional investors own 54.85% of the company’s stock.

Altice USA Company Profile

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 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.