Altice USA, Inc. (ATUS) At $19.25 Forms Bottom; Ship Finance International Limited (SFL) Shorts Down By 6.73%

Altice USA, Inc. (ATUS) formed multiple bottom with $18.29 target or 5.00% below today’s $19.25 share price. Altice USA, Inc. (ATUS) has $14.19B valuation. The stock increased 0.47% or $0.09 during the last trading session, reaching $19.25. About 1.55 million shares traded. Altice USA, Inc. (NYSE:ATUS) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Ship Finance International Limited (NYSE:SFL) had a decrease of 6.73% in short interest. SFL’s SI was 5.03M shares in April as released by FINRA. Its down 6.73% from 5.39 million shares previously. With 566,500 avg volume, 9 days are for Ship Finance International Limited (NYSE:SFL)’s short sellers to cover SFL’s short positions. The SI to Ship Finance International Limited’s float is 6.6%. It closed at $14.65 lastly. It is down 0.70% since April 16, 2017 and is downtrending. It has underperformed by 12.25% the S&P500.

Analysts await Altice USA, Inc. (NYSE:ATUS) to report earnings on May, 22.

Among 6 analysts covering Altice USA (NYSE:ATUS), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Altice USA has $38 highest and $25 lowest target. $31.25’s average target is 62.34% above currents $19.25 stock price. Altice USA had 7 analyst reports since June 23, 2017 according to SRatingsIntel. Guggenheim downgraded it to “Neutral” rating and $31 target in Friday, September 15 report. The firm has “Buy” rating given on Friday, June 23 by Pivotal Research. The stock of Altice USA, Inc. (NYSE:ATUS) earned “Market Perform” rating by Wells Fargo on Wednesday, July 26. The rating was upgraded by Moffett Nathanson on Friday, November 10 to “Buy”. On Tuesday, November 7 the stock rating was upgraded by Goldman Sachs to “Buy”. The rating was maintained by RBC Capital Markets on Tuesday, November 14 with “Outperform”. As per Wednesday, December 6, the company rating was maintained by Pivotal Research.

Ship Finance International Limited owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the United Kingdom, and the Marshall Islands. The company has market cap of $1.52 billion. It is also involved in the charter, purchase, and sale of assets. It has a 13.83 P/E ratio. In addition, the firm operates in various sectors of the shipping and offshore industry, including oil transportation, dry bulk shipments, chemical transportation, oil product transportation, container transportation, car transportation, drilling rigs, and offshore supply vessels.

Among 3 analysts covering Ship Finance International Ltd (NYSE:SFL), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Ship Finance International Ltd had 8 analyst reports since October 23, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Monday, June 5. The rating was maintained by Jefferies with “Hold” on Monday, July 10. The firm has “Hold” rating given on Wednesday, July 27 by Jefferies. The rating was reinitiated by Jefferies with “Hold” on Monday, December 18. Morgan Stanley maintained Ship Finance International Limited (NYSE:SFL) rating on Monday, February 12. Morgan Stanley has “Equal-Weight” rating and $14.5 target. The stock of Ship Finance International Limited (NYSE:SFL) earned “Neutral” rating by Seaport Global on Monday, August 22.

Altice USA, Inc. (NYSE:ATUS) Ratings Chart