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Altus Power (AMPS)
NYSE:AMPS
Altus Power (AMPS) Stock Price & Analysis
176 Followers
AMPS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.41 - $7.28
Previous Close$4.22
Volume478.05K
Average Volume (3M)1.07M
Market Cap
$674.67M
Enterprise Value$1.98B
Total Cash (Recent Filing)$160.82M
Total Debt (Recent Filing)$1.39B
Price to Earnings (P/E)―
Beta1.36
Next Earnings
Aug 08, 2024EPS Estimate
$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding160,671,931
10 Day Avg. Volume982,487
30 Day Avg. Volume1,068,842
Standard Deviation0.17
R-Squared0.09
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.63
Price to Sales (P/S)6.73
Price to Cash Flow (P/CF)7.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.78
Enterprise Value/Gross Profit15.79
Enterprise Value/Ebitda22.85
Forecast
1Y Price Target
$6.17Price Target Upside43.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Altus Power News
Bulls Say, Bears Say
Bulls Say
Clean Energy ExpansionAltus creates new clean energy faster than utility companies by developing solar projects on top of commercial and industrial buildings.
Market AdvantageAltus is the largest owner of commercial scale solar assets in the U.S., as per Wood Mackenzie.
Revenue GrowthAMPS reaffirmed 2024 revenue guidance of $200M-$222M and EBITDA guidance of $115M-$135M, up 36% and 34% at the midpoints, respectively.
Bears Say
Financial PerformanceThe company issued three-year targets materially missing street revenue and EBITDA expectations.
General And Administrative ExpensesG&A of $10mm was higher than expected driven by higher headcount.
Project OpportunitiesSome customers either canceled or delayed a portion of the solar projects that AMPS previously expected to close.
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Ownership Overview
64.09% Insiders
4.40% Mutual Funds
12.62% Other Institutional Investors
18.89% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 08, 2024 which is in 12 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 $0.03.
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
Unlock Smart Score
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$6.17 (43.82% Upside)
$6.17 (43.82% Upside)
Blogger Sentiment
Bullish
AMPS Sentiment 71%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 865.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $591.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 7.0%
Last 30 Days ▼ 7.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.76%
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
$6.17
▲(43.82% Upside)
Technical Analysis
Atlantica Sustainable Infrastructure
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Brookfield Renewable Partners
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Clearway Energy
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Clearway Energy
―
Best Analysts Covering AMPS
1 Year
1 Year Success Rate
1/5 ratings generated profit
1 Year Average Return
-18.82%
reiterated a buy rating 2 months 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 -18.82% per trade.
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