Top-Rated StocksTop-RatedNYSE:AMPS Altus Power (AMPS) Stock Price, News & Analysis $3.34 -0.09 (-2.62%) (As of 11/1/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Altus Power Stock (NYSE:AMPS) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Altus Power alerts:Sign Up Key Stats Today's Range$3.30▼$3.5650-Day Range$2.75▼$3.7752-Week Range$2.71▼$7.28Volume718,506 shsAverage Volume1.06 million shsMarket Capitalization$537.84 millionP/E Ratio23.89Dividend YieldN/APrice Target$5.94Consensus RatingBuy Company OverviewAltus 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… True paradigm shift (Ad)I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. Here’s the full story for you. Altus Power Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks67th Percentile Overall ScoreAMPS MarketRank™: Altus Power scored higher than 67% of companies evaluated by MarketBeat, and ranked 136th out of 263 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingBuy Consensus RatingAltus Power has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 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. Earnings and Valuation0.6 / 5Proj. Earnings GrowthDecreasing 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 23.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Altus Power is 23.89, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.64.Price to Book Value per Share RatioAltus Power has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Altus Power's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted10.49% 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 9.5.Change versus previous monthShort interest in Altus Power has recently increased by 7.87%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldAltus Power does not currently pay a dividend.Dividend GrowthAltus Power does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted10.49% 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 9.5.Change versus previous monthShort interest in Altus Power has recently increased by 7.87%, indicating that investor sentiment is decreasing significantly. News and Social Media2.4 / 5News Sentiment0.27 News SentimentAltus Power has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Altus Power this week, compared to 3 articles on an average week.Search Interest4 people have searched for AMPS on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Altus Power to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Altus Power insiders have not sold or bought any 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. 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 AMPS Stock News HeadlinesAltus Power Announces Date for Release of Third Quarter 2024 Financial Results and Conference CallOctober 30 at 12:50 PM | finance.yahoo.comAltus Power Names Skylar Werde as Head of Community SolarOctober 29, 2024 | finance.yahoo.comTrue paradigm shiftI thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. November 2, 2024 | Porter & Company (Ad)Altus Power, Inc. (NYSE:AMPS) Receives Average Recommendation of "Buy" from BrokeragesOctober 26, 2024 | americanbankingnews.comAltus Power (NYSE:AMPS) Price Target Cut to $5.50 by Analysts at CitigroupOctober 24, 2024 | americanbankingnews.comAltus Power price target lowered to $5.50 from $7 at CitiOctober 23, 2024 | markets.businessinsider.comIs Altus Power (AMPS) the Worst Performing Utility Stock in 2024?October 20, 2024 | msn.comAltus Power launches review of strategic alternativesOctober 16, 2024 | msn.comSee More Headlines AMPS Stock Analysis - Frequently Asked Questions How have AMPS shares performed this year? Altus Power's stock was trading at $6.83 at the beginning of the year. Since then, AMPS stock has decreased by 51.0% and is now trading at $3.3450. View the best growth stocks for 2024 here. How were Altus Power's earnings last quarter? Altus Power, Inc. (NYSE:AMPS) issued its quarterly earnings data on Thursday, August, 8th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.13. The firm had revenue of $52.46 million for 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? Altus Power's top institutional investors include abrdn plc (0.90%), Swedbank AB (0.51%), IQ EQ FUND MANAGEMENT IRELAND Ltd (0.27%) and SG Americas Securities LLC (0.02%). 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. What other stocks do shareholders of Altus Power own? Based on aggregate information from My MarketBeat watchlists, some other companies that Altus Power investors own include Netflix (NFLX), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Meta Platforms (META) and Visa (V). Company Calendar Last Earnings8/08/2024Today11/01/2024Next Earnings (Confirmed)11/12/2024Fiscal 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$5.94 High Stock Price Target$10.00 Low Stock Price Target$4.00 Potential Upside/Downside+78.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.14 Trailing P/E Ratio23.86 Forward P/E Ratio41.75 P/E GrowthN/ANet Income$-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$155.16 million Price / Sales3.46 Cash Flow$0.29 per share Price / Cash Flow11.48 Book Value$3.14 per share Price / Book1.06Miscellaneous Outstanding Shares160,790,000Free Float121,716,000Market Cap$537.04 million OptionableOptionable Beta0.96 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report This page (NYSE:AMPS) was last updated on 11/2/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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