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

Altice USA, Inc. (NYSE:ATUS) – Equities researchers at Zacks Research reduced their Q1 2025 EPS estimates for Altice USA in a research report issued 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 previous 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 equities research analysts also recently commented on the stock. UBS Group downgraded shares of Altice USA from a “buy” rating to a “neutral” rating and reduced their price target for the company from $4.00 to $2.00 in a research report on Friday, August 2nd. Evercore ISI reduced their price target 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. Finally, The Goldman Sachs Group started 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. Six analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, Altice USA currently has an average rating of “Hold” and a consensus target price of $1.97.

Altice USA Stock Performance

Shares of NYSE:ATUS opened at $2.42 on Monday. The company has a market cap of $1.11 billion, a PE ratio of 242.00, a price-to-earnings-growth ratio of 2.71 and a beta of 1.51. Altice USA has a 52 week low of $1.52 and a 52 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.

Altice USA (NYSE:ATUS) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.05). The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Altice USA had a negative net margin of 0.62% and a negative return on equity of 1.54%. The firm’s revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.17 EPS.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Altice USA during the 2nd quarter worth $25,000. Headlands Technologies LLC acquired a new position in shares of Altice USA during the 1st quarter worth $46,000. Quadrature Capital Ltd acquired a new position in shares of Altice USA during the 4th quarter worth $47,000. Alpine Global Management LLC acquired a new position in shares of Altice USA during the 1st quarter worth $65,000. Finally, Swedbank AB acquired a new position in shares of Altice USA during the 1st quarter worth $66,000. Institutional investors and hedge funds own 54.85% of the company’s stock.

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.