Analysts Weigh In on Altice USA Stock’s Target Price

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Analysts are weighing in on Altice ($NYSE:ATUS) USA Inc’s stock target price as of Thursday. Altice USA is a global telecommunications and media company that offers innovative and customer-centric products and solutions to connect and unlock the limitless potential of its customers.

Market Price

This has sparked debate among analysts, who are now predicting a range of target prices for the company’s shares. While some analysts remain cautiously optimistic and have set their target prices at a higher level than the current stock price, others have adopted a more bearish outlook and have lowered their target prices to a lower level than the current stock price. At this time, it remains to be seen how the stock market will react to these rival opinions. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Altice Usa. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Altice Usa. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Altice Usa. More…

Key Ratios Snapshot

Some of the financial key ratios for Altice Usa are shown below. More…

Analysis

GoodWhale recently conducted an analysis of ALTICE USA‘s wellbeing. We found from the Star Chart that ALTICE USA is strong in profitability, but weak in asset, dividend, and growth. Based on these results, we classified ALTICE USA as an ‘elephant’, a type of company we conclude that is rich in assets after deducting off liabilities. ALTICE USA’s intermediate health score was 6/10, considering its cashflows and debt. This indicates that ALTICE USA might be able to sustain future operations in times of crisis. Investors looking for a company with strong assets and a relatively healthy score may be interested in ALTICE USA. After all, this company has a good record of profitability, making it attractive to long-term investors. Furthermore, investors with confidence in their own ability to assess the health of a company may find ALTICE USA’s 6/10 health score desirable. More…

Peers

In the telecommunications industry, there is intense competition between Altice USA Inc and its major competitors: Charter Communications Inc, Comcast Corp, and Verizon Communications Inc. All four companies offer similar products and services, so they must differentiate themselves in order to attract and retain customers. Price is often a major factor in deciding which company to choose. In addition to price, customers also consider factors such as customer service, coverage, and speed when making their decision.

– Charter Communications Inc ($NASDAQ:CHTR)

Charter Communications Inc is a leading American telecommunications and mass media company with a market cap of 58.28B as of 2022. The company operates in four segments: residential, small and medium business, enterprise, and advertising sales. It offers a range of services, including broadband internet, video, and voice services, as well as digital advertising solutions. The company has a strong focus on delivering value to shareholders, with a return on equity of 80.45%.

– Comcast Corp ($NASDAQ:CMCSA)

Comcast Corporation is an American telecommunications conglomerate that provides cable television, internet, telephone, and wireless services to consumer under the Xfinity brand. It is the second-largest broadcasting and cable television company in the world by revenue and the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation’s third-largest home telephone service provider. Comcast has a market cap of 149.16B as of 2022 and a Return on Equity of 9.26%. The company provides services to over 26 million customers in 40 states and the District of Columbia.

– Verizon Communications Inc ($NYSE:VZ)

Verizon Communications Inc is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company has a market cap of 161.9B as of 2022 and a Return on Equity of 20.79%. Verizon was formed in 2000 by the merger of Bell Atlantic and GTE. It is one of the largest telecommunications companies in the world, with 144 million customers as of 2019. The company operates in four segments: Wireless, Residential, Business, and Verizon Media Group. Verizon Wireless is the largest wireless carrier in the United States with 151 million subscribers as of 2019. Verizon Residential provides FiOS Internet, TV, and digital voice services to residential customers in the United States. Verizon Business provides voice, data, and Internet services to businesses and government agencies. Verizon Media Group is a media and technology company that operates AOL, Yahoo!, HuffPost, TechCrunch, and other brands.

Summary

Analysts generally agree that Altice USA Inc’s stock is undervalued. Analyzing Altice’s financials shows it has a strong balance sheet and good cash flow. Furthermore, the company’s Net Debt/EBITDA ratio is improving, which indicates it has a solid debt position. Recent upgrades from analysts indicate that its performance in the media, wireline and broadband segments should remain solid going forward.

Growth opportunities in its core markets should also help drive the stock price higher. Altice is expected to benefit from increased demand for products and services in the years ahead, which is expected to continue driving the stock price higher. Overall, analysts are bullish on Altice USA Inc’s stock and suggest it as a “Buy”.