NYSE:AMPS Altus Power (AMPS) Stock Price, News & Analysis $3.10 0.00 (0.00%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$2.98▼$3.1450-Day Range$2.82▼$4.5352-Week Range$2.80▼$7.28Volume979,237 shsAverage Volume1.07 million shsMarket Capitalization$498.08 millionP/E RatioN/ADividend YieldN/APrice Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Altus Power alerts: Email Address Altus Power MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside93.5% Upside$6.00 Price TargetShort InterestBearish9.20% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingAcquiring Shares$136,215 Bought Last QuarterProj. Earnings GrowthDecreasingFrom $0.08 to ($0.06) 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.2.85 out of 5 starsOils/Energy Sector130th out of 239 stocksElectric Services Industry27th out of 46 stocks 4.5 Analyst's Opinion Consensus RatingAltus Power has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageAltus Power has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Altus Power's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.20% of the float of Altus Power has been sold short.Short Interest Ratio / Days to CoverAltus Power has a short interest ratio ("days to cover") of 8.7.Change versus previous monthShort interest in Altus Power has recently increased by 0.24%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAltus Power does not currently pay a dividend.Dividend GrowthAltus Power does not have a long track record of dividend growth.Read more about Altus Power's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AMPS. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Altus Power this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for AMPS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Altus Power to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Altus Power insiders have bought more of their company's stock than they have sold. Specifically, they have bought $136,215.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders24.30% of the stock of Altus Power is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions46.55% of the stock of Altus Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Altus Power's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Altus Power are expected to decrease in the coming year, from $0.08 to ($0.06) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altus Power is -61.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Altus Power is -61.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAltus Power has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Altus Power's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video About Altus Power Stock (NYSE:AMPS)Altus Power, Inc., a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. It serves commercial, industrial, public sector, and community solar customers. Altus Power, Inc. was founded in 2013 and is headquartered in Stamford, Connecticut.Read More AMPS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMPS Stock News HeadlinesSeptember 2, 2024 | americanbankingnews.comAltus Power, Inc. (NYSE:AMPS) Receives $6.00 Average PT from AnalystsAugust 28, 2024 | americanbankingnews.comAltus Power (NYSE:AMPS) Lowered to "Equal Weight" at Morgan StanleySeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 22, 2024 | stockhouse.comLight Up New York in a New York Minute! Sign Up for Altus Power Community Solar TodayAugust 20, 2024 | stockhouse.comAltus Power Announces Completion of Solar Rooftop Array in IllinoisAugust 20, 2024 | businesswire.comCORRECTING and REPLACING Altus Power Completes Two New Community Solar Projects in MaineAugust 18, 2024 | forbes.comIFi Audio’s Zen Can 3 Is The Best Budget Analog Headphone AmplifierAugust 10, 2024 | finance.yahoo.comAt US$3.16, Is Altus Power, Inc. (NYSE:AMPS) Worth Looking At Closely?September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 9, 2024 | finance.yahoo.comAltus Power, Inc. Announces Second Quarter 2024 Financial ResultsAugust 9, 2024 | msn.comAltus Power GAAP EPS of $0.23 beats by $0.20, revenue of $52.5M misses by $4.54MAugust 9, 2024 | seekingalpha.comAltus Power, Inc. (AMPS) Q2 2024 Earnings Call TranscriptAugust 8, 2024 | seekingalpha.comAltus Power, Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 1, 2024 | finance.yahoo.comAltus Power Announces Appointment of Investment Management Executive, Richard A. Shapiro, to the Board of DirectorsJuly 22, 2024 | msn.comCity of Altus cleaning up damage from stormJuly 20, 2024 | finance.yahoo.comSmart Powerr Corp (CR9.BE)July 20, 2024 | msn.comTAD's upgraded power amplifier houses redesigned circuitry for "exceptional clarity"July 19, 2024 | finance.yahoo.comAltus Power, Inc. Announces Date for Release of Second Quarter 2024 Financial Results and Conference CallSee More Headlines Receive AMPS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Altus Power and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/08/2024Today9/07/2024Next Earnings (Estimated)11/11/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Electric services Sub-IndustryUtilities Current SymbolNYSE:AMPS CUSIPN/A CIK1828723 Webcbreacquisitionholdings.com Phone203-698-0090FaxN/AEmployees40Year FoundedN/APrice Target and Rating Average Stock Price Target$6.00 High Stock Price Target$10.00 Low Stock Price Target$4.00 Potential Upside/Downside+93.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($0.05) Trailing P/E RatioN/A Forward P/E Ratio38.75 P/E GrowthN/ANet Income$-9,350,000.00 Net Margins13.55% Pretax Margin-8.60% Return on Equity2.52% Return on Assets0.63% Debt Debt-to-Equity Ratio2.18 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$172.39 million Price / Sales2.89 Cash Flow$0.31 per share Price / Cash Flow9.97 Book Value$3.36 per share Price / Book0.92Miscellaneous Outstanding Shares160,672,000Free Float121,629,000Market Cap$498.08 million OptionableOptionable Beta0.96 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Lars R. Norell (Age 52)Co-Founder, Co-CEO & Director Comp: $550kMr. Gregg J. Felton II (Age 53)Co-Founder, Co-CEO & Director Comp: $550kMr. Anthony P. Savino (Age 66)Co-Founder & Chief Construction Officer Comp: $350kMr. Dustin L. Weber (Age 43)Chief Financial Officer Comp: $529.72kMr. Chris SheltonHead of Investor RelationsMs. Sophia LeeCorporate Secretary, Chief Legal Officer & Chief Sustainability OfficerMs. Melissa BoulanChief People OfficerMr. Daniel S. AlcombrightChief Platform OfficerMs. Julia SearsChief Digital OfficerMr. Steve D'AgostinoHead of AnalyticsMore ExecutivesKey CompetitorsEnlight Renewable EnergyNASDAQ:ENLTCenturiNYSE:CTRICentral PuertoNYSE:CEPUEmpresa Distribuidora y Comercializadora Norte Sociedad AnónimaNYSE:EDNOkloNYSE:OKLOView All CompetitorsInsiders & InstitutionsEncompass Capital Advisors LLCBought 53,031 shares on 8/15/2024Ownership: 2.881%Liberty Mutual Group Asset Management Inc.Sold 79,876 shares on 8/15/2024Ownership: 1.817%Decade Renewable Partners LPSold 150,000 shares on 8/15/2024Ownership: 0.401%The Manufacturers Life Insurance Company Bought 6,209 shares on 8/15/2024Ownership: 0.020%Susquehanna Fundamental Investments LLCBought 17,261 shares on 8/15/2024Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions AMPS Stock Analysis - Frequently Asked Questions How have AMPS shares performed this year? Altus Power's stock was trading at $6.83 at the start of the year. Since then, AMPS shares have decreased by 54.6% and is now trading at $3.10. View the best growth stocks for 2024 here. How were Altus Power's earnings last quarter? Altus Power, Inc. (NYSE:AMPS) announced its quarterly earnings results on Thursday, August, 8th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.03 by $0.13. The company earned $52.46 million during the quarter, compared to analysts' expectations of $57.61 million. Altus Power had a net margin of 13.55% and a trailing twelve-month return on equity of 2.52%. Who are Altus Power's major shareholders? Top institutional investors of Altus Power include Encompass Capital Advisors LLC (2.88%), Dimensional Fund Advisors LP (1.85%), Liberty Mutual Group Asset Management Inc. (1.82%) and Skandinaviska Enskilda Banken AB publ (0.88%). Insiders that own company stock include Lars Norell, Altus Holdings Lp Gso, Gregg J Felton, Anthony Savino and Dustin Weber. View institutional ownership trends. How do I buy shares of Altus Power? Shares of AMPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:AMPS) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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