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Altice USA Inc (ATUS)



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Upturn Advisory Summary
04/01/2025: ATUS (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -57.67% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.25B USD | Price to earnings Ratio - | 1Y Target Price 2.84 |
Price to earnings Ratio - | 1Y Target Price 2.84 | ||
Volume (30-day avg) 2555905 | Beta 1.58 | 52 Weeks Range 1.52 - 3.20 | Updated Date 04/2/2025 |
52 Weeks Range 1.52 - 3.20 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.22 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -1.15% | Operating Margin (TTM) 15.93% |
Management Effectiveness
Return on Assets (TTM) 3.35% | Return on Equity (TTM) 82.42% |
Valuation
Trailing PE - | Forward PE 34.6 | Enterprise Value 26288194088 | Price to Sales(TTM) 0.14 |
Enterprise Value 26288194088 | Price to Sales(TTM) 0.14 | ||
Enterprise Value to Revenue 2.94 | Enterprise Value to EBITDA 7.91 | Shares Outstanding 278980992 | Shares Floating 241134400 |
Shares Outstanding 278980992 | Shares Floating 241134400 | ||
Percent Insiders 12.08 | Percent Institutions 56.91 |
Analyst Ratings
Rating 2.94 | Target Price 2.31 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold 8 | Sell 4 | Strong Sell 2 | |
Strong Sell 2 |
Upturn AI SWOT
Altice USA Inc

Company Overview
History and Background
Altice USA, founded in 2015 as a spin-off from Altice N.V., provides broadband communications and video services in the United States. It quickly grew through acquisitions, focusing on expanding its fiber network and enhancing customer experience.
Core Business Areas
- Residential: Provides broadband, video, and voice services to residential customers under the Optimum and Suddenlink brands.
- Business Services: Offers broadband, data, voice, and video services to businesses of all sizes.
- Advertising: Sells advertising inventory across its platforms, including cable networks and digital properties.
Leadership and Structure
Dexter Goei serves as Executive Chairman, and Dennis Mathew is the Chief Executive Officer. The company operates with a functional organizational structure, with distinct teams for each major business segment and supporting functions like technology and finance.
Top Products and Market Share
Key Offerings
- Broadband: High-speed internet service delivered via fiber and coaxial cable. Competitors include Verizon, Comcast, and Charter Communications. Market share information is blended between Optimum and Suddenlink internet products. It's difficult to determine exact market share for broadband specifically, but Altice has a broadband subscriber base of ~4.8 million as of Q3 2023, which is significant against total US broadband households.
- Mobile: Mobile services in select areas. It partners with T-Mobile for mobile services through its Optimum Mobile brand. Competitors include Verizon, AT&T, and T-Mobile. Gaining traction but relatively new; limited market share.
- Video: Traditional cable television and streaming services. Competitors include Comcast, Charter, DISH, and streaming services like Netflix and Hulu. Altice has ~2.6 million video subscribers as of Q3 2023. Subscriber numbers are diminishing due to cord cutting.
Market Dynamics
Industry Overview
The telecommunications industry is highly competitive and rapidly evolving, with increasing demand for high-speed internet, streaming video services, and mobile connectivity. Cable companies are facing pressure from fiber optic providers and the growing popularity of cord-cutting.
Positioning
Altice USA is positioned as a provider of high-speed broadband and video services, with a focus on improving its network infrastructure and customer experience. Its competitive advantages include its presence in key markets and its focus on innovation.
Total Addressable Market (TAM)
The total addressable market for broadband in the US is estimated to be hundreds of billions of dollars annually. Altice USA is positioned to capture a portion of this market by expanding its fiber network and offering competitive pricing. Broadband TAM = 130B - 160B annually
Upturn SWOT Analysis
Strengths
- High-speed broadband infrastructure
- Strong brand recognition in key markets (Optimum, Suddenlink)
- Focus on customer experience
- Strategic partnerships
Weaknesses
- High debt levels
- Exposure to cord-cutting trends
- Customer service challenges
- Limited mobile service footprint compared to competitors
Opportunities
- Expansion of fiber optic network
- Growth in business services segment
- Increased demand for high-speed internet
- Partnerships with content providers
- Expansion of Optimum Mobile
Threats
- Intense competition from other telecom providers
- Technological advancements that could disrupt the industry
- Economic downturn
- Regulatory changes
- Cord-cutting trends
Competitors and Market Share
Key Competitors
- CMCSA
- CHTR
- VZ
- TMUS
Competitive Landscape
Altice USA faces strong competition from larger players with more extensive networks and broader service offerings. It competes by focusing on customer service and investing in its fiber network.
Major Acquisitions
Cablevision
- Year: 2016
- Acquisition Price (USD millions): 17700
- Strategic Rationale: Expanded Altice's footprint into the New York metropolitan area.
Growth Trajectory and Initiatives
Historical Growth: Altice USA has grown primarily through acquisitions in the past. Its organic growth has been more modest, driven by increased broadband adoption and business services.
Future Projections: Analyst projections vary, but generally anticipate moderate revenue growth driven by broadband and business services, offset by declines in video subscriptions.
Recent Initiatives: Recent initiatives include expanding its fiber network, improving customer service, and launching new products and services, such as Optimum Mobile.
Summary
Altice USA is a telecommunications company that provides broadband, video, and voice services. While it has a strong presence in key markets and is investing in its fiber network, it faces challenges such as high debt levels and cord-cutting trends. Altice needs to focus on improving customer service and expanding its mobile service to remain competitive. Overall, Altice has good coverage and is in a stable growing industry that will give it more tail winds than headwinds
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Sources and Disclaimers
Data Sources:
- Company Filings (SEC), Analyst Reports, Market Research Reports, Statista.com, third party source as of the date requested.
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered as financial advice. Market data is dynamic, and past performance is not indicative of future results. Seek advice from a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Altice USA Inc
Exchange NYSE | Headquaters Long Island City, NY, United States | ||
IPO Launch date 2017-06-22 | CEO & Chairman Mr. Dennis Mathew | ||
Sector Communication Services | Industry Telecom Services | Full time employees 10900 | Website https://www.alticeusa.com |
Full time employees 10900 | Website https://www.alticeusa.com |
Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services under the Optimum brand in the United States, Canada, Puerto Rico, and the Virgin Islands. It provides 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 video programming services. It also provides voice over Internet protocol telephone services; local, regional, and long-distance calling 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 collaboration services comprising audio and web conferencing; fiber-to-the-tower services to wireless carriers; data services, including wide area networking and dedicated data access, and advanced services comprising wireless mesh networks; and enterprise class telephone services that include traditional multi-line phone service. Further, it provides hosted private branch exchange, technical support, network solutions, security and network access and equipment for SMB customers, and international calling and toll-free numbers services. Additionally, the company offers audience-based and multiscreen advertising solutions; news programming services; and data analytics, as well as operates news channels under the News 12 Networks and i24NEWS names. Altice USA, Inc. was incorporated in 2015 and is headquartered in Long Island City, New York.
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