NASDAQ:ALTM Altus Midstream (ALTM) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free ALTM Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$4.70▼$4.8850-Day Range$31.88▼$62.3552-Week Range$49.69▼$91.00Volume7.81 million shsAverage Volume10.16 million shsMarket Capitalization$5.21 billionP/E Ratio4.66Dividend YieldN/APrice Target$6.83 Stock AnalysisStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipSocial MediaStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipSocial Media Altus Midstream MarketRank™ Stock AnalysisAnalyst RatingHold2.36 Rating ScoreUpside/Downside40.8% Upside$6.83 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 3 Articles This WeekInsider TradingAcquiring Shares$66,662 Bought Last QuarterProj. Earnings Growth16.13%From $0.31 to $0.36 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.40 out of 5 starsBasic Materials Sector22nd out of 171 stocksIndustrial Inorganic Chemicals Industry1st out of 9 stocks 4.2 Analyst's Opinion Consensus RatingAltus Midstream has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 3 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageAltus Midstream has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Altus Midstream's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ALTM. Previous Next 0.0 Dividend Strength Dividend YieldAltus Midstream does not currently pay a dividend.Dividend GrowthAltus Midstream does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALTM. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 3 news articles for Altus Midstream this week, compared to 0 articles on an average week.Search InterestOnly 39 people have searched for ALTM on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Altus Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Altus Midstream insiders have bought more of their company's stock than they have sold. Specifically, they have bought $66,662.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.40% of the stock of Altus Midstream is held by insiders.Percentage Held by InstitutionsOnly 27.00% of the stock of Altus Midstream is held by institutions.Read more about Altus Midstream's insider trading history. Previous Next 5.0 Earnings and Valuation Earnings GrowthEarnings for Altus Midstream are expected to grow by 16.13% in the coming year, from $0.31 to $0.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altus Midstream is 4.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Altus Midstream is 4.66, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 138.12.Price to Earnings Growth RatioAltus Midstream has a PEG Ratio of 0.83. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAltus Midstream has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Altus Midstream's valuation and earnings. 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ALTM Stock News HeadlinesMay 19 at 9:00 AM | investorplace.com3 Cheap Lithium Stocks to Buy Now: May 2024May 16, 2024 | prnewswire.comArcadium Lithium's CEO Paul Graves to Speak at Multiple Upcoming Conferences in the Second QuarterMay 13, 2024 | investorplace.comThe 3 Most Undervalued Battery Stocks to Buy in May 2024May 9, 2024 | finance.yahoo.comArcadium Lithium First Quarter 2024 Earnings: Misses ExpectationsMay 7, 2024 | prnewswire.comArcadium Lithium Releases First Quarter 2024 ResultsMay 4, 2024 | investorplace.comShhh! 3 Secret Lithium Stocks Flying Below Wall Street's RadarApril 24, 2024 | investorplace.com3 Lithium Penny Stocks With Massive Growth Potential: April 2024April 20, 2024 | finance.yahoo.comPainful week for retail investors invested in Arcadium Lithium plc (NYSE:ALTM) after 5.1% drop, institutions also suffered lossesApril 17, 2024 | investorplace.comApril Price Target Hikes: These 3 Stocks Have Analysts ExcitedApril 11, 2024 | prnewswire.comArcadium Lithium Announces Date for First Quarter 2024 Earnings Release and Webcast Conference CallApril 4, 2024 | investorplace.comStriking it Rich with Lithium: 3 Stocks to Fuel Your FortuneApril 4, 2024 | investorplace.comThe 3 Best Lithium Stocks to Buy in April 2024April 1, 2024 | investorplace.com7 Lithium Stocks to Buy on the Dip: March 2024March 21, 2024 | investorplace.comHot Stocks: The 3 Best Opportunities for Investing in LithiumMarch 20, 2024 | investorplace.comWhat Is the Best $10 Stock to Buy in March? 3 Top Picks.March 11, 2024 | fool.com1 Small Electric Vehicle (EV) Stock to Watch in March -- Is It a Buy For 2024 and Beyond?March 9, 2024 | investorplace.comThe Top 7 Lithium Stocks to Buy in March 2024March 4, 2024 | investorplace.comLithium Demand Is Expected to 20X by 2040. 3 Stocks to Ride the Wave.February 29, 2024 | investorplace.com3 Top Lithium Stocks to Watch for the Coming QuarterFebruary 28, 2024 | benzinga.comTop 3 Materials Stocks That Are Preparing To Pump This quarter - Arcadium Lithium (NYSE:ALTM), Lifezone Metals (NYSE:LZM)February 27, 2024 | investorplace.com7 Top-Tier Penny Stocks for a Smart BetFebruary 25, 2024 | investorplace.com3 Millionaire-Maker Lithium Stocks to Buy in February 2024February 22, 2024 | prnewswire.comArcadium Lithium Releases Fourth Quarter and Full Year 2023 Results and Provides 2024 Full Year OutlookFebruary 22, 2024 | investorplace.comLithium Demand Expected to Grow 20X by 2040. 3 Stocks to Buy NowFebruary 20, 2024 | gurufocus.comConsider Arcadium Ahead of Lithium ReboundSee More Headlines Company Calendar Last Earnings5/07/2024Today5/20/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Industrial inorganic chemicals Sub-IndustryN/A Current SymbolNASDAQ:ALTM CUSIPN/A CIK1692787 Webwww.altusmidstream.com Phone(713) 296-6000FaxN/AEmployees1,439Year FoundedN/APrice Target and Rating Average Stock Price Target$6.83 High Stock Price Target$11.00 Low Stock Price Target$5.00 Potential Upside/Downside+40.8%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.04 Trailing P/E Ratio4.66 Forward P/E Ratio15.65 P/E Growth0.83Net Income$330.10 million Net Margins25.94% Pretax Margin36.40% Return on Equity10.85% Return on Assets7.76% Debt Debt-to-Equity Ratio0.07 Current Ratio1.98 Quick Ratio1.37 Sales & Book Value Annual Sales$882.50 million Price / Sales5.91 Cash Flow$2.37 per share Price / Cash Flow2.05 Book Value$6.48 per share Price / Book0.75Miscellaneous Outstanding Shares1,075,190,000Free Float1,038,635,000Market Cap$5.21 billion OptionableOptionable Beta1.81 Key ExecutivesJon William SauerChairman & Senior Vice PresidentDavid Clay BretchesPresident, Chief Executive Officer & DirectorBryan GrahamVice President-OperationsBen C. RodgersChief Financial Officer, Treasurer & DirectorJim VirginilloVice President-Engineering & TechnologyKey CompetitorsEnLink MidstreamNYSE:ENLCArchrockNYSE:AROCTronoxNYSE:TROXMinerals TechnologiesNYSE:MTXRattler MidstreamNASDAQ:RTLRView All CompetitorsInsiders & InstitutionsWalleye Trading LLCBought 160,700 shares on 5/17/2024Ownership: 0.000%California State Teachers Retirement SystemBought 1,070,474 shares on 5/16/2024Ownership: 0.100%Janus Henderson Group PLCBought 493,309 shares on 5/16/2024Ownership: 0.046%Jane Street Group LLCBought 189,960 shares on 5/16/2024Ownership: 0.000%GABELLI & Co INVESTMENT ADVISERS INC.Bought 63,451 shares on 5/15/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions ALTM Stock Analysis - Frequently Asked Questions Should I buy or sell Altus Midstream stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altus Midstream in the last twelve months. There are currently 1 sell rating, 6 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ALTM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALTM, but not buy additional shares or sell existing shares. View ALTM analyst ratings or view top-rated stocks. What is Altus Midstream's stock price target for 2024? 11 analysts have issued 12-month price targets for Altus Midstream's stock. Their ALTM share price targets range from $5.00 to $11.00. On average, they predict the company's stock price to reach $6.83 in the next year. This suggests a possible upside of 40.8% from the stock's current price. View analysts price targets for ALTM or view top-rated stocks among Wall Street analysts. When is Altus Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our ALTM earnings forecast. How were Altus Midstream's earnings last quarter? Altus Midstream (NASDAQ:ALTM) announced its quarterly earnings data on Tuesday, May, 7th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.03. The firm had revenue of $261.20 million for the quarter, compared to the consensus estimate of $284.30 million. Altus Midstream had a trailing twelve-month return on equity of 10.85% and a net margin of 25.94%. The business's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.60 earnings per share. What ETFs hold Altus Midstream's stock? ETFs with the largest weight of Altus Midstream (NASDAQ:ALTM) stock in their portfolio include ProShares S&P Global Core Battery Metals ETF (ION), iShares Lithium Miners and Producers ETF (ILIT), VanEck Rare Earth/Strategic Metals ETF (REMX), ALPS Clean Energy ETF (ACES), Sprott Lithium Miners ETF (LITP), Global X Disruptive Materials ETF (DMAT), iShares Self-Driving EV and Tech ETF (IDRV) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). When did Altus Midstream's stock split? Altus Midstream shares reverse split on the morning of Wednesday, July 1st 2020. The 1-20 reverse split was announced on Monday, June 29th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, June 30th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. Who are Altus Midstream's major shareholders? Altus Midstream's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.06%), Capital Research Global Investors (1.91%), Van ECK Associates Corp (0.88%), Principal Financial Group Inc. (0.79%), Robeco Schweiz AG (0.35%) and Clearbridge Investments LLC (0.33%). Insiders that own company stock include D Clay Bretches and Pablo Marcet. View institutional ownership trends. 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