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Altus Power (AMPS)
NYSE:AMPS
Altus Power (AMPS) Stock Price & Analysis
165 Followers
AMPS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.41 - $7.28
Previous Close$4.05
Volume1.50M
Average Volume (3M)1.31M
Market Cap
$647.49M
Enterprise Value$1.74B
Total Cash (Recent Filing)$68.18M
Total Debt (Recent Filing)$1.10B
Price to Earnings (P/E)―
Beta0.75
Next Earnings
Aug 12, 2024EPS Estimate
$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding160,671,931
10 Day Avg. Volume1,290,362
30 Day Avg. Volume1,310,781
Standard Deviation0.17
R-Squared0.08
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.55
Price to Sales (P/S)6.40
Price to Cash Flow (P/CF)6.90
P/FCF Ratio30.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.81
Enterprise Value/Gross Profit17.24
Enterprise Value/Ebitda6.74
Forecast
1Y Price Target
$6.90Price Target Upside70.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Altus Power News
PremiumCompany Announcements
Altus Power Investor Day: Charting the Future Course
Bulls Say, Bears Say
Bulls Say
Guidance And GrowthAMPS introduced 2026 revenue and EBITDA guidance that implies average annual revenue growth from 2023–2026 still above 20%.
Market LeadershipWith significant growth in enterprise partners and portfolio size, Altus's leadership in the U.S. commercial scale solar market is solidifying.
Strategic PartnershipsAMPS's partnership with Blackstone provides access to cheaper and longer-term capital compared to most of its private peers.
Bears Say
Financial GuidanceThe company issued three-year targets materially missing street revenue and EBITDA expectations.
Financial PerformanceAltus experienced a substantial cash burn in 2023 and forecasts an increased cash burn in 2024 due to higher capital expenditures.
Operational ChallengesThe stock will remain in the penalty box until the company formalizes an outcome of the self-development review and shows tangible traction towards execution on the future plan.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
AMPS FAQ
What was Altus Power’s price range in the past 12 months?
Altus Power lowest stock price was $3.40 and its highest was $7.28 in the past 12 months.
What is Altus Power’s market cap?
Currently, no data Available
When is Altus Power’s upcoming earnings report date?
Altus Power’s upcoming earnings report date is Aug 12, 2024 which is in 71 days.
How were Altus Power’s earnings last quarter?
Altus Power released its earnings results on May 09, 2024. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of -$0.072 by $0.122.
Is Altus Power overvalued?
According to Wall Street analysts Altus Power’s price is currently Undervalued.
Does Altus Power pay dividends?
Altus Power does not currently pay dividends.
What is Altus Power’s EPS estimate?
Altus Power’s EPS estimate is $0.04.
How many shares outstanding does Altus Power have?
Altus Power has 159,874,980 shares outstanding.
What happened to Altus Power’s price movement after its last earnings report?
Altus Power reported an EPS of $0.05 in its last earnings report, beating expectations of -$0.072. Following the earnings report the stock price went down -2.418%.
Which hedge fund is a major shareholder of Altus Power?
Among the largest hedge funds holding Altus Power’s share is Blackstone Inc.. It holds Altus Power’s shares valued at 101M.
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Altus Power Stock Smart Score
Neutral
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$6.90 (70.37% Upside)
$6.90 (70.37% Upside)
Blogger Sentiment
Bullish
AMPS Sentiment 80%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 865.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $59.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.73%
12-Months-Change
Fundamentals
Return on Equity
-1.68%
Trailing 12-Months
Asset Growth
33.86%
Trailing 12-Months
Company Description
Altus Power
CBRE Acquisition Holdings Inc is a blank check company.
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AMPS Company Deck
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AMPS Earnings Call
Q1 2024
0:00 / 0:00
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AMPS Stock 12 Month Forecast
Average Price Target
$6.90
▲(70.37% Upside)
Technical Analysis
Best Analysts Covering AMPS
1 Year
1 Year Success Rate
1/5 ratings generated profit
1 Year Average Return
-19.90%
reiterated a buy rating 17 days ago
Copying Jon Windham's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -19.90% per trade.
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