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Altice USA Inc (ATUS) Stock: Do Analysts Think You Should Accumulate?

Friday, November 24, 2023 12:29 PM | InvestorsObserver Analysts

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Altice USA Inc (ATUS) Stock: Do Analysts Think You Should Accumulate?

Wall Street is positive on Altice USA Inc (ATUS). On average, analysts give the stock a Buy rating. The average price target is $4.386, which means analysts expect the stock to climb by 84.29% over the next twelve months. That average ranking earns the stock an Analyst Rating of 14, which is better than 14% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.1
Wall Street analysts are rating ATUS a Buy today. Find out what this means to you and get the rest of the rankings on ATUS!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Altice USA Inc Stock Today?

Altice USA Inc (ATUS) stock has risen 3.26% while the S&P 500 is lower by -0.02% as of 12:25 PM on Friday, Nov 24. ATUS has risen $0.08 from the previous closing price of $2.30 on volume of 724,004 shares. Over the past year the S&P 500 has gained 13.15% while ATUS is lower by -48.82%. ATUS lost -$0.05 per share the over the last 12 months. Click Here to get the full Stock Report for Altice USA Inc stock.

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