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 voice over internet protocol telephone services, as well as 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 consisting of wide area networking and dedicated data access, as well as wireless mesh networks; and enterprise-class telephone services that include traditional multiline phone service.
Altice USA provides business email, hosted private branch exchange, web space storage and network security monitoring, as well as 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 broadband communications and video services under the Optimum and Suddenlink brands.
The Goldman Sachs price target is $10, though the consensus target is up at $13.86. Altice USA stock traded at $5.40 on Friday.
Dole
For fans of pineapple and other fruits and vegetables, this stock should sound very familiar. Dole PLC (NYSE: DOLE) engages in sourcing, processing, marketing and distribution of fresh fruit and vegetables worldwide.
The company offers bananas, pineapples grapes, berries, avocados, deciduous fruit and organic produce; value added salads, which include packaged salad and meal kits; and fresh packed vegetables, such as iceberg, romaine, leaf lettuces, and celery, as well as health foods and consumer goods. The company serves retailers, wholesalers and foodservice customers.
The company has seen some big insider buying from Jan Barta, who bought another large block of stock in September.
Goldman Sachs has set a $17 price target. Dole stock has a $13.45 consensus target, and on Friday it traded at $7.70 a share.
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