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Altus Power (DE:8770)
FRANKFURT:8770
Altus Power (8770) Stock Price & Analysis
1 Followers
8770 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€3.28 - €6.65
Previous Close€3.66
Volume0.00
Average Volume (3M)200.00
Market Cap
€645.62M
Enterprise Value€1.67B
Total Cash (Recent Filing)$68.18M
Total Debt (Recent Filing)$1.10B
Price to Earnings (P/E)N/A
Beta0.48
Next Earnings
May 09, 2024EPS Estimate
-€0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding159,081,159
10 Day Avg. Volume0
30 Day Avg. Volume200
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.65
Price to Sales (P/S)5.75
Price to Cash Flow (P/CF)7.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.30
Enterprise Value/Gross Profit16.50
Enterprise Value/Ebitda6.45
Forecast
1Y Price Target
€6.71Price Target Upside83.22% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Altus Power News
PremiumCompany Announcements
Altus Power Announces Executive Reshuffle and Reaffirms Financial Outlook
PremiumCompany Announcements
Diane Brink Resigns, Leadership Changes at Altus PowerBulls Say, Bears Say
Bulls Say
Company OutlookTetra Tech, Inc. has had its price target raised to $230 and is reintroducing share repurchases, indicating a strong outlook ahead of its second-quarter results.
Financial FlexibilityAnalyst expects $315M of available capacity on existing credit facilities to fund strategic acquisitions and capital expenditures, suggesting financial flexibility.
Market Expansion PotentialWith only 11% of U.S. commercial and industrial rooftops having solar panels, Altus has a significant addressable market for expansion.
Bears Say
Adverse Weather ImpactPoor weather on both the West and East coasts, which led to lower electricity generation, drove the miss.
Earnings PerformanceAMPS missed 4Q EPS and guided FY24 revenues and adj. EBITDA approximately 5% and 6% below consensus, respectively.
Financial ForecastAltus forecasts a higher cash burn in 2024, which suggests increased capital expenditures needed to bring solar projects online.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
3.01% Other Institutional Investors
96.99% Public Companies and
Individual Investors
8770 FAQ
What was Altus Power’s price range in the past 12 months?
Altus Power lowest stock price was €3.28 and its highest was €6.65 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 May 09, 2024 which is in 3 days.
How were Altus Power’s earnings last quarter?
Altus Power released its earnings results on Mar 14, 2024. The company reported -€0.159 earnings per share for the quarter, missing the consensus estimate of -€0.011 by -€0.147.
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 -€0.07.
How many shares outstanding does Altus Power have?
Currently, no data Available
What happened to Altus Power’s price movement after its last earnings report?
Altus Power reported an EPS of -€0.159 in its last earnings report, missing expectations of -€0.011. Following the earnings report the stock price went down -16.538%.
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 144M.
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Altus Power Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
€6.71 (83.22% Upside)
€6.71 (83.22% Upside)
Blogger Sentiment
Bullish
DE:8770 Sentiment 80%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $4.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.68%
12-Months-Change
Fundamentals
Return on Equity
-2.15%
Trailing 12-Months
Asset Growth
51.23%
Trailing 12-Months
Company Description
Altus Power
CBRE Acquisition Holdings Inc is a blank check company.
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8770 Company Deck
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8770 Earnings Call
Q4 2024
0:00 / 0:00
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8770 Stock 12 Months Forecast
Average Price Target
€6.71
▲(83.22% Upside)
Technical Analysis
NextEra Energy
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Brookfield Renewable Partners
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Clearway Energy
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Clearway Energy
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Altus Power
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Best Analysts Covering 8770
1 Year
1 Year Success Rate
1/6 ratings generated profit
1 Year Average Return
-15.33%
reiterated a buy rating 15 days ago
Copying Christopher Souther's trades and holding each position for 1 Year would result in 16.67% of your transactions generating a profit, with an average return of -15.33% per trade.
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