Altice USA, Inc. (NYSE:ATUS – Free Report) – Zacks Research lowered their Q1 2025 earnings per share estimates for Altice USA in a research note issued on Tuesday, March 4th. Zacks Research analyst R. Department now expects that the company will earn ($0.08) per share for the quarter, down from their previous estimate of ($0.05). The consensus estimate for Altice USA’s current full-year earnings is ($0.24) per share. Zacks Research also issued estimates for Altice USA’s Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.30) EPS, Q1 2026 earnings at $0.02 EPS, Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at ($0.26) EPS and FY2026 earnings at ($0.28) EPS.
Altice USA (NYSE:ATUS – Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.16).
Read Our Latest Research Report on ATUS
Altice USA Stock Performance
Shares of Altice USA stock opened at $2.44 on Thursday. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of -10.59 and a beta of 1.58. Altice USA has a fifty-two week low of $1.52 and a fifty-two week high of $3.20. The stock has a 50 day moving average of $2.72 and a 200 day moving average of $2.49.
Insider Transactions at Altice USA
In other news, Director Alt S.A.R.L. Next sold 805,230 shares of Altice USA stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $24.50, for a total transaction of $19,728,135.00. Following the sale, the director now owns 6,651,882 shares in the company, valued at approximately $162,971,109. The trade was a 10.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders have sold 4,831,380 shares of company stock worth $118,368,810. Corporate insiders own 52.90% of the company’s stock.
Hedge Funds Weigh In On Altice USA
Several institutional investors have recently added to or reduced their stakes in ATUS. Creative Planning increased its position in Altice USA by 64.1% in the 3rd quarter. Creative Planning now owns 57,616 shares of the company’s stock valued at $142,000 after acquiring an additional 22,497 shares during the period. US Bancorp DE increased its position in Altice USA by 30.2% in the 3rd quarter. US Bancorp DE now owns 21,530 shares of the company’s stock valued at $53,000 after acquiring an additional 5,000 shares during the period. GSA Capital Partners LLP acquired a new position in Altice USA in the 3rd quarter valued at about $157,000. LMR Partners LLP increased its position in Altice USA by 217.5% in the 3rd quarter. LMR Partners LLP now owns 3,000,000 shares of the company’s stock valued at $7,380,000 after acquiring an additional 2,055,000 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Altice USA by 6.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,402,316 shares of the company’s stock valued at $3,450,000 after acquiring an additional 85,936 shares during the period. Institutional investors and hedge funds 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.
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