Zacks Research Weighs in on Altice USA, Inc.’s Q1 2025 Earnings (NYSE:ATUS)

Altice USA, Inc. (NYSE:ATUS) – Equities researchers at Zacks Research cut their Q1 2025 EPS estimates for shares of Altice USA in a research note issued to investors 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.

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

Altice USA Stock Down 1.6 %

Shares of NYSE:ATUS opened at $2.42 on Monday. Altice USA has a fifty-two week low of $1.52 and a fifty-two week high of $3.66. The firm has a 50-day simple moving average of $1.95 and a 200 day simple moving average of $2.11. The company has a market cap of $1.11 billion, a PE ratio of 242.00, a P/E/G ratio of 2.71 and a beta of 1.51.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Personalized Indexing Management LLC bought a new position in shares of Altice USA in the second quarter valued at approximately $25,000. Quadrature Capital Ltd acquired a new stake in Altice USA during the fourth quarter valued at approximately $47,000. Headlands Technologies LLC acquired a new stake in Altice USA during the first quarter valued at approximately $46,000. SG Americas Securities LLC lifted its stake in Altice USA by 45.2% during the first quarter. SG Americas Securities LLC now owns 58,098 shares of the company’s stock valued at $152,000 after purchasing an additional 18,080 shares during the last quarter. Finally, Allianz Asset Management GmbH lifted its stake in Altice USA by 1.6% during the fourth quarter. Allianz Asset Management GmbH now owns 1,500,079 shares of the company’s stock valued at $4,875,000 after purchasing an additional 23,557 shares during the last quarter. 54.85% of the stock is currently owned by institutional investors.

About Altice USA

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.