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How to buy Altice USA stock in Canada | $34.80
Own Altice USA shares in just a few minutes.
Altice USA (ATUS) is a leading telecom services business based in the US. It opened the day at $34.52 after a previous close of $34.3. During the day the price has varied from a low of $34.37 to a high of $35.16. The latest price was $34.8 (25 minute delay). Altice USA is listed on the NYSE and employs 8,900 staff. All prices are listed in US Dollars.
How to buy Altice USA stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: ATUS in this case.
- Research Altice USA stocks. The platform should provide the latest information available.
- Buy your Altice USA stocks. It's that simple.
What's in this guide?
- Can I buy shares in Altice USA?
- Has coronavirus impacted Altice USA shares?
- Altice USA shares summary
- Compare share dealing platforms
- Is Altice USA stock a buy or sell?
- Altice USA performance over time
- Can I short Altice USA shares?
- Are Altice USA shares over-valued?
- Altice USA's financials
- How volatile are Altice USA shares?
- Does Altice USA pay a dividend?
- Other common questions
How has Coronavirus impacted Altice USA's stock price?
Since the stock market crash in March caused by coronavirus, Altice USA's stock price has had significant positive movement.
Its last market close was $36.06, which is 19.25% up on its pre-crash value of $29.12 and 126.01% up on the lowest point reached during the March crash when the stocks fell as low as $15.955.
If you had bought $1,000 worth of Altice USA stocks at the start of February 2020, those stocks would have been worth $721.80 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,301.41.
Altice USA stock priceUse our graph to track the performance of ATUS stocks over time.
Altice USA stocks at a glance
|52-week range||$23.77 - $38.3|
|50-day moving average||$34.1779|
|200-day moving average||$34.8314|
|Wall St. target price||$42.2|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$1.306|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Altice USA stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Altice USA price performance over time
|1 month (2021-06-30)||1.93%|
|3 months (2021-04-30)||-4.16%|
Is Altice USA under- or over-valued?
Valuing Altice USA stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Altice USA's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Altice USA's P/E ratio
Altice USA's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Altice USA stocks trade at around 26x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the stocks or simply that they're under-valued.
Altice USA's PEG ratio
Altice USA's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.4633. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Altice USA's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
Altice USA's EBITDA
Altice USA's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$4.3 billion.
The EBITDA is a measure of a Altice USA's overall financial performance and is widely used to measure a its profitability.
Altice USA financials
|Revenue TTM||USD$9.9 billion|
|Operating margin TTM||23.79%|
|Gross profit TTM||USD$6.6 billion|
|Return on assets TTM||4.43%|
|Return on equity TTM||82.42%|
|Market capitalisation||USD$15.6 billion|
TTM: trailing 12 months
How to short and sell Altice USA stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "ATUS.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 43.6 million Altice USA stocks held short by investors – that's known as Altice USA's "short interest". This figure is 0.6% up from 43.3 million last month.
There are a few different ways that this level of interest in shorting Altice USA stocks can be evaluated.
Altice USA's "short interest ratio" (SIR)
Altice USA's "short interest ratio" (SIR) is the quantity of Altice USA stocks currently shorted divided by the average quantity of Altice USA stocks traded daily (recently around 3.7 million). Altice USA's SIR currently stands at 11.75. In other words for every 100,000 Altice USA stocks traded daily on the market, roughly 11750 stocks are currently held short.
However Altice USA's short interest can also be evaluated against the total number of Altice USA stocks, or, against the total number of tradable Altice USA stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Altice USA's short interest could be expressed as 0.09% of the outstanding stocks (for every 100,000 Altice USA stocks in existence, roughly 90 stocks are currently held short) or 0.2512% of the tradable stocks (for every 100,000 tradable Altice USA stocks, roughly 251 stocks are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the stock price and a discouraging interest in betting against Altice USA.
Find out more about how you can short Altice USA stock.
Altice USA stock dividends
We're not expecting Altice USA to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Altice USA stock price volatility
Over the last 12 months, Altice USA's stocks have ranged in value from as little as $23.77 up to $38.3. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NYSE average) beta is 1, while Altice USA's is 1.1135. This would suggest that Altice USA's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Altice USA overview
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 approximately 5 million 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. It also provides VoIP telephone services; and mobile services, such as data, talk, and text. In addition, the company offers Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony services, managed Wi-Fi, managed desktop and server backup, and managed collaboration services comprising audio and web conferencing; fiber-to-the-tower services to wireless carriers; data services, consisting of wide area networking and dedicated data access, as well as wireless mesh networks; and enterprise class telephone services that include traditional multi-line phone service. Further, it provides business e-mail, hosted private branch exchange, Web space storage, and network security monitoring; and international calling and toll free numbers. Additionally, the company offers audience-based and IP-authenticated cross-screen advertising solutions; and television and digital advertising services, as well as operates news channels under the News 12 Networks, Cheddar, and i24NEWS names. It also provides network construction and maintenance services and commercial and residential installations, disconnections, and maintenance services. The company provides communications and video services under Optimum and Suddenlink brand names. The company was incorporated in 2015 and is headquartered in Long Island City, New York. Altice USA, Inc. is a subsidiary of Next Alt. S.a.r.l.
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