Optimum Communications, Inc.

OPTUNYSEUSD
0.80 USD
0.08 (8.54%)AT CLOSE (11:59 AM EDT)
0.83
0.02 (2.57%)
POST MARKET (AS OF 07:31 PM EDT)
Post Market
AS OF 07:31 PM EDT
0.83
0.02 (2.57%)
🔴Market: CLOSED
Open?$0.86
High?$0.89
Low?$0.79
Prev. Close?$0.88
Volume?4.9M
Avg. Volume?3.3M
VWAP?$0.82
Rel. Volume?1.50x
Bid / Ask
Bid?$0.80 × 200
Ask?$0.83 × 25.0K
Spread?$0.03
Midpoint?$0.82
Valuation & Ratios
Market Cap?381.2M
Shares Out?476.5M
Float?262.6M
Float %?89.5%
P/E Ratio?N/A
P/B Ratio?-0.07
EPS?-$9.82
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Optimum's assets were brought together when Altice Europe acquired US cable companies Suddenlink in 2015 and Cablevision in 2016. The Suddenlink business, which management calls the "West," provides television, internet access, and phone services to roughly 4.5 million US homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. The Cablevision portion, dubbed the "East," provides comparable services to about 5.5 million homes and businesses in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Optimum, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018.
Employees
9.5K
Market Cap
383.2M
Industry
CABLE & OTHER PAY TELEVISION SERVICES
Listed
2017-06-22
Address
1 COURT SQUARE WEST
LONG ISLAND CITY, NY 11101
Phone: (516) 803-2300
Technical Outlook
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Fundamental Outlook
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Short Interest
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Financial Health
Current Ratio?0.82Weak
Quick Ratio?0.82Weak
Cash Ratio?0.53Adequate
Debt/Equity?-5.16Low
ValuationATTRACTIVELY VALUED
Score
92/100
P/E?
N/A
P/B?
-0.07CHEAP
P/S?
0.04CHEAP
P/FCF?
N/A
EV/EBITDA?
8.0CHEAP
EV/Sales?
3.08FAIR
Returns & Efficiency
ROE?
90.0%STRONG
ROA?
-16.8%WEAK
Cash Flow & Enterprise
FCF?$-87617000
Enterprise Value?$26.2B
Fundamentals ratios updated end of day