WallStreetZenWallStreetZen

How to Buy Altice Usa Stock

Altice Usa Inc

Altice Usa is a telecom company located in New York, United States, which is part of the Communication Services sector, and is traded under the ticker ATUS on the NYSE exchange.

Altice Usa stock last closed at $2.04, up 7.94% from the previous day, and has decreased 35.65% in one year. It has underperformed other stocks in the Telecom Services industry by 0.2 percentage points. Altice Usa stock is currently +16.91% from its 52-week low of $1.75, and -46.6% from its 52-week high of $3.82.

At the moment, there are 459.96M ATUS shares outstanding. The market value of ATUS is $938.32M. In the last 24 hours, 13.11M ATUS shares were traded.

How to Buy Altice Usa Stock

Not sure how to invest in Altice Usa stock? Here's how.
  1. Choose where to buy Altice Usa stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Altice Usa stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Pick your payment method and add your details.
  4. Evaluate Altice Usa stock: The Altice Usa ticker symbol is ATUS. Is Altice Usa stock a good investment? Should you buy shares of ATUS? How do ATUS's underlying business fundamentals look? Do top analysts think Altice Usa is a good buy? Why has ATUS's stock price moved recently? (Hint: Our stock market research website can help you evaluate if ATUS is a good stock to buy).
  5. Place your ATUS trade: Decide if you will purchase ATUS shares at the current market price or use a limit order to buy ATUS stock at a particular price.
  6. Monitor your investment in ATUS: Create a watchlist to monitor your investment in Altice Usa shares.

Step 1: Choose where to buy Altice Usa stock

You will need an online brokerage account to access the NYSE market and buy ATUS stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best online stock brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create your brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal details so you are able to invest in ATUS today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal data to create a new trading account.
  1. Send your application by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your brokerage account

Now that you have created your account on the best stock app, you can securely and quickly fund your account:

Watch the video below for more details transferring money into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Altice Usa stock

Once you have chosen the best place to buy Altice Usa stock, it's absolutely critical to evaluate their stock prior to investing, so you truly comprehend the risk and upside.

Altice Usa quick stats

ATUS Price
$2.04
1w %
0.99%
1y %
-35.65%
5y %
-92.11%
P/E
204x
P/B
-2.18x
P/S
0.1x
PEG
4.06x
Revenue
$9.19B
Earnings
$6.14M
Fore. Rev. Growth
-2.31%
Fore. Earn. Growth
50.21%
Market Cap
$938.32M
Next Earnings
Aug 1, 2024
Next Dividend
N/A

Altice Usa Fundamentals

WallStreetZen was built to help average investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on ATUS's stock page.

How is ATUS stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge ATUS's fair value.

Using relative valuations methods:

  • ATUS may be overvalued based on its P/E ratio of 204x, relative to Telecom Services industry P/E ratio of 18.24x
  • ATUS could be overvalued based on its PEG ratio of 4.06x

You can do additional valuation research on ATUS's stock here.

A look at ATUS Cashflows and Balance Sheet

Cons:

  • ATUS earnings of $1.71B is not sufficient to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the ATUS balance sheet.
  • ATUS debt to equity ratio of -75.1 is negative.
  • Total ATUS debt is still negative.
  • ATUS's operating cash flow of $1.81B allows it to safely service it's debt of $25.32B.
  • There are more short-term liabilities than short-term assets on the ATUS balance sheet.
  • ATUS profit margin has gone down from 0.3% to 0.1% in the past year.

Is it a good time to buy ATUS stock, according to Wall Street analysts?

Out of 6 sell side analysts who monitor ATUS, the consensus analyst rating on Altice Usa is a Hold

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent ATUS Analyst Upgrades/Downgrades

Matthew Harrigan, a bottom 1% analyst from Benchmark reiterates ATUS with a strong buy rating and maintains their ATUS price target from $5.00 to $5.00, on Mar 20, 2024.

John Hodulik, a top 34% analyst from UBS maintains ATUS with a strong buy rating and lowers their ATUS price target from $6.00 to $4.00, on Feb 15, 2024.

You can dig deeper into what analysts are forecasting on the Altice Usa stock forecast page.

ATUS Technical Indicators

SMA10
1.98
SMA20
2.04
SMA50
2.19
SMA100
2.3
SMA200
2.45
MACD
-0.09
MACD Signal
-0.08
MACD Histogram
-0.01
RSI
46.5
Stochastic %K
28.22
Stochastic %D
15.84
StochRSI %K
38.54
StochRSI %D
14.58

How are ATUS Revenues/Earnings doing?

Last year, ATUS earnings were $6.14M. During the last five year, ATUS's earnings have gone up by -42.57% per year. This was slower than the Telecom Services industry average of 8.93%.

Last year, ATUS revenue was $9.19B. Over the past 5 year, ATUS's revenue has grown by -0.93% per year. This was slower than the Telecom Services industry average of 3.33%.

Dig into ATUS's earnings and revenue performance here.

Who is buying/selling ATUS?

In the last 12 months, executives and large shareholders at ATUS have bought more shares than they have sold.

Michael Olsen, General Counsel and CCRO of ATUS, was the latest ATUS insider to sell. They sold $51,349.62 worth of ATUS stock on Jun 29, 2024.

Research more about who owns ATUS stock here.

Can I rely on ATUS as an income stream?

No, Altice Usa doesn't provide an income stream by paying out dividends.

What do other traders have to say about ATUS?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your ATUS trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price, use a limit order.

Press the Open Trade button and eToro will place your order.

If you need additional help with investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Monitor your investment in ATUS

Now that you own some shares in ATUS, you'll want to keep up with your investment.

Add ATUS to a watchlist to get notified of important updates regarding your ATUS stock.

ATUS Feed

How to Buy Stock in Altice Usa

To reiterate, here are the 6 steps you need to take to buy Altice Usa stock right now:

  1. Choose where to buy Altice Usa stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Altice Usa stock
  5. Place your ATUS trade
  6. Monitor your investment in ATUS

If you are looking for a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Altice Usa, click below.

NYSE: ATUS
$2.04+0.15 (+7.94%)
Updated Jul 12, 2024
Open eToro Account
NYSE: ATUS
$2.04+0.15 (+7.94%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Altice Usa share?

As of Jul 12, 2024, it costs $2.04 to buy one share of Altice Usa stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.49 shares of ATUS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Altice Usa stock?

According to 6 Wall Street analysts who monitor Altice Usa, their consensus recommendation is to hold Altice Usa stock.

What is the best way to buy Altice Usa stock?

One way to place an order for Altice Usa stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.