(ATUS) Altice USA - Ratings and Ratios

Altice USA Inc (ATUS) is a leading provider of broadband communications and video services in the United States, operating under the Optimum brand. The company delivers a comprehensive suite of services, including broadband, video, telephony, and mobile services, to both residential and business customers. Its video services encompass a broad range of offerings, from broadcast stations and cable networks to over-the-top services, video-on-demand, and pay-per-view. Additionally, Altice USA provides a range of enterprise services, including Ethernet, data transport, and IP-based virtual private networks, as well as hosted telephony and collaboration services.

With its extensive service portfolio, Altice USA is well-positioned to capitalize on the growing demand for high-speed internet and advanced telecommunications services. The companys fiber-to-the-tower services to wireless carriers and enterprise-class telephone services further expand its reach and capabilities. Altice USA also offers audience-based and multiscreen advertising solutions, news programming services, and data analytics, diversifying its revenue streams. Its news channels, operating under the News12 Networks and i24NEWS names, provide additional value to customers and contribute to the companys overall brand presence.

Analyzing the , we observe that the stocks last price is $2.08, with a 20-day simple moving average (SMA) of $2.25, indicating a potential downtrend. The 52-week high and low are $3.11 and $1.57, respectively, suggesting significant price volatility. The average true range (ATR) is 0.15, or 7.07% of the current price, indicating moderate volatility. Considering the , the market capitalization is approximately $1.033 billion, with a forward price-to-earnings ratio of 12.48, suggesting a relatively reasonable valuation. The return on equity (RoE) is 34.33%, indicating strong profitability.

Based on the and , our forecast suggests that Altice USAs stock may experience a short-term correction due to the current downtrend. However, the companys strong profitability, reasonable valuation, and diversified service portfolio may drive long-term growth. We anticipate that the stock may stabilize around the $2.00 level before potentially rebounding towards the $2.50 mark, driven by the companys fundamental strengths. Investors should closely monitor the stocks price action and adjust their strategies accordingly.