Altice USA Inc - Class A Shares Close the Day 22.3% Higher - Daily Wrap

The company saw its shares close the day 22.3% higher than yesterday, with trading volume lower than its 30 day average.

Jul 21, 2022 by Kwhen Finance Editors

Altice USA Inc - Class A Shares Close the Day 22.3% Higher - Daily Wrap
Altice USA Inc - Class A (ATUS) shares closed today 22.3% higher than it did at the end of yesterday. The stock is currently down 43.3% year-to-date, down 72.7% over the past 12 months, and down 67.5% over the past five years. Today, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.0%.

Trading Activity

  • Shares traded as high as $9.36 and as low as $7.96 this week.
  • Shares closed 68.1% below its 52-week high and 48.2% above its 52-week low.
  • Trading volume this week was 10.7% lower than the 10-day average and 30.8% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $4 billion in earnings before interest and taxes from $9 billion in revenue. It currently holds $220 million in cash and $3 billion in debt.
  • Its forward price-to-earnings (P/E) ratio of 0 is lower than its current P/E ratio of 1.85, implying that analysts are expecting an increase in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.06. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at -24.92 which means it currently has $-24.92 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at -12.46. This means that the stock is trading at a discount of -12 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 1.67.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 4.34.

P/E

1.85

EBITDA

$4B

P/Book

-12.46

Mkt Cap

$1B

P/Sales

1.67

Revenue

$9B

EPS (TTM)

2.00

PEG Ratio

0.06

EV/Revenue

4.34

Total Cash

$220M

Debt/Equity

-24.92

Forward P/E

0.00

Current Debt

$3B

Gross Profit

$6B

Dividend Date

-

Earnings Date

2022-08-03

Profit Margin

0.07

Revenue/Share

21.58

Total Revenue

$9B

Enterprise Val

$43B

Put/Call Ratio

2.17

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price beats the performance of its peers in the Communication Services industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Altice USA Inc - Class A22.3-43.3-72.7-74.319.5
Dow Jones Industrial Average0.5-11.4-6.0-13.27.2
S&P 500 Index1.0-16.3-7.1-17.38.8
Communication Services-0.1-25.1-27.5-33.09.1

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