3 Reasons to Sell ATUS and 1 Stock to Buy Instead [Yahoo! Finance]
Altice USA, Inc. Class A (ATUS)
Last altice usa, inc. class a earnings: 2/12 04:05 pm
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US:NYSE Investor Relations:
investors.alticeusa.com/investors/overview/default.aspx
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Source: Yahoo! Finance
Over the past six months, Altice has been a great trade, beating the S&P 500 by 13.4%. Its stock price has climbed to $2.50, representing a healthy 23.8% increase. This run-up might have investors contemplating their next move. Is now the time to buy Altice, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it's free Despite the momentum, we're cautious about Altice. Here are three reasons why ATUS doesn't excite us and a stock we'd rather own. Why Do We Think Altice Will Underperform? Based in Long Island City, Altice USA (NYSE:ATUS) is a telecommunications company offering cable, internet, telephone, and television services across the United States. 1. Decline in Broadband Subscribers Points to Weak Demand Revenue growth can be broken down into changes in price and volume (for companies like Altice, our preferred volume metric is broadband subscribers). While both are important, the latter is th
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ATUS
News
- Altice USA, Inc. (NYSE: ATUS) had its price target raised by analysts at Citigroup Inc. from $2.50 to $3.00. They now have a "buy" rating on the stock.MarketBeat
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ATUS
Earnings
- 11/4/24 - Miss
ATUS
Sec Filings
- 12/26/24 - Form 4
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- ATUS's page on the SEC website