Altice USAATUS
ATUS
About: Altice Europe acquired privately held US cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provide television, internet access, and phone services to roughly 4 million US homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provides comparable services to about 5.5 million homes and business in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local news in New York and i24News, a news operation focused on the Middle East.
Employees: 10,900
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
729% more call options, than puts
Call options by funds: $73.3M | Put options by funds: $8.84M
14% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 44
3.91% more ownership
Funds ownership: 89.48% [Q3] → 93.39% (+3.91%) [Q4]
2% more capital invested
Capital invested by funds: $609M [Q3] → $623M (+$14.8M) [Q4]
4% less funds holding
Funds holding: 164 [Q3] → 157 (-7) [Q4]
20% less funds holding in top 10
Funds holding in top 10: 10 [Q3] → 8 (-2) [Q4]
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$3.50
52%
upside
Avg. target
$3.50
52%
upside
High target
$3.50
52%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Raymond James Frank Louthan 25% 1-year accuracy 4 / 16 met price target | 52%upside $3.50 | Outperform Upgraded | 18 Feb 2025 |
Financial journalist opinion
Based on 4 articles about ATUS published over the past 30 days
Positive
Zacks Investment Research
2 weeks ago
Will Lighpath Network Expansion in Columbus Drive ATUS' Stock Price?
Altice subsidiary Lightpath is steadily deploying AI-grade network infrastructure in the Colombus region to support expanding data center ecosystems.
Neutral
Business Wire
2 weeks ago
Altice USA to Hold Conference Call to Discuss Q1 2025 Results
NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Thursday, May 8, 2025, at 8:30 a.m. ET to discuss financial and operating results for the first quarter ended March 31, 2025. The conference call will be led by Dennis Mathew, Chairman and CEO, and Marc Sirota, CFO. Presentation materials, including Altice USA's earnings release, earnings results presentation and trended schedule, will be available at 7:00 a.m. ET, prior to the conference call, on the Altice USA I.
Neutral
PRNewsWire
2 weeks ago
Lightpath Enters Columbus with AI-Grade Network
Constructing 102-Route Miles of High-Density Network Anchored by Major Hyperscaler NEW YORK , April 1, 2025 /PRNewswire/ -- Lightpath , an all-fiber infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced its entrance into the Columbus, OH market with a new, 102-route mile, underground, high-fiber count network, anchored by a major hyperscaler partner. The Columbus network build will include 102-route miles of underground, multi-conduit systems with high-fiber count capacity diversely connecting two strategic data center campuses south of downtown Columbus back into the metro corridor.
Neutral
Business Wire
4 weeks ago
Altice USA to Present at the 2025 New Street Research and BCG Future of Connectivity Leaders Conference
NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dennis Mathew, Chairman and CEO, will present at the New Street Research and BCG Future of Connectivity Leaders Conference on Wednesday, March 26, 2025, at 11:35 a.m. Eastern Time. A live webcast will be available online on the Altice USA investor relations website or by following this link. Date: Wednesday, March 26, 2025 Time: 11:35 a.m. Eastern Time Presenter: Dennis Mathew, Chairman & CEO About Altice USA Altice USA.
Positive
Seeking Alpha
1 month ago
Altice USA: Fiber Broadband Boom Could Push The Stock Price Up
Altice USA reported a 57% increase in FTTH customer relationships in 2024, potentially accelerating future revenue and free cash flow growth. The company launched new video offerings and mobile device protections, which are expected to enhance future free cash flow. The Fiber To The Home market is projected to grow at a 12.6% CAGR, benefiting ATUS's business growth.
Neutral
PRNewsWire
1 month ago
Lightpath Acquires WANRack's Phoenix Business
Acquisition Accelerates Lightpath's Entrance into the Phoenix Market with 133 Route Miles of Operating Network and In Place Construction Capabilities NEW YORK , March 4, 2025 /PRNewswire/ -- Lightpath , an all fiber, infrastructure based connectivity provider revolutionizing how organizations connect to their digital destinations, announced the company has completed the acquisition of WANRack's network assets and customers in the Phoenix metropolitan market. This acquisition adds 133 route miles of fiber, including diverse paths between the Goodyear data center ecosystem and metro Phoenix carrier hotel facilities, accelerating Lightpath's service readiness and expansion in the region.
Positive
Benzinga
1 month ago
10 Great Stocks This "Turnaround Master" Is Buying
One of the greatest truths in investing is that the best deals are often found in chaos. When the market panics, the savvy investor sharpens their knife.
Neutral
Business Wire
1 month ago
Altice USA to Present at the 2025 Morgan Stanley Technology, Media & Telecom Conference
NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dennis Mathew, Chairman and CEO, will present at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4, 2025, at 4:50 p.m. Eastern Time / 1:50 p.m. Pacific Time. A live webcast will be available online on the Altice USA investor relations website or by following this link. Date: Tuesday, March 4, 2025 Time: 4:50 p.m. Eastern Time / 1:50 p.m. Pacific Time Presenter: Dennis Mathew, Chairman & C.
Neutral
PRNewsWire
1 month ago
Lightpath Enters Phoenix Market with New AI-Grade Fiber Network
Building 230-Route Miles of Ultra-Dense Network Anchored by Major Hyperscalers NEW YORK , Feb. 19, 2025 /PRNewswire/ -- Lightpath , an all-fiber infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced its entrance into the Phoenix market with a new 230-route mile, high-fiber count network throughout the region, anchored by multiple hyperscaler customers. The Phoenix network build will encompass 230-route miles of underground, multi-conduit systems with capacity for 20,000 fibers, connecting 8 data center campuses and carrier hotel locations, with an additional 30+ data center campuses near the planned routes.
Negative
Zacks Investment Research
2 months ago
Altice Q4 Earnings Miss Estimates, Revenues Decline Y/Y
ATUS reported a top-line contraction year over year in the fourth quarter of 2024, owing to declining net sales in multiple segments.
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