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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NYSE:AMPS

Altus Power (AMPS) Stock Price, News & Analysis

$4.78
+0.01 (+0.21%)
(As of 03/28/2024 ET)
Today's Range
$4.73
$4.88
50-Day Range
$4.42
$7.27
52-Week Range
$4.08
$7.28
Volume
761,799 shs
Average Volume
1.41 million shs
Market Capitalization
$760.40 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.63

Altus Power MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
80.4% Upside
$8.63 Price Target
Short Interest
Bearish
9.76% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of Altus Power in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$803,348 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.09) to $0.01 Per Share

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.

2.56 out of 5 stars

Oils/Energy Sector

157th out of 242 stocks

Electric Services Industry

30th out of 40 stocks

AMPS stock logo

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.

AMPS Stock Price History

AMPS Stock News Headlines

Altus Power (NYSE:AMPS) Price Target Cut to $7.00
“The Stock Market’s Bull Run is Far from Over” -Barrons
Barron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!
Altus Power Full Year 2023 Earnings: Misses Expectations
AMPS and MNTK are among utility movers
“The Stock Market’s Bull Run is Far from Over” -Barrons
Barron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!
Recap: Altus Power Q4 Earnings
Earnings Outlook For Altus Power
Altus Power Stock (NYSE:AMPS) is Heating Up
7 Solar Stocks That Could Make Your February Unforgettable
AMPS Mar 2024 5.000 put
See More Headlines
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Company Calendar

Last Earnings
11/13/2023
Today
3/29/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
93
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.63
High Stock Price Target
$10.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+80.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$-9,350,000.00
Pretax Margin
-17.18%

Debt

Sales & Book Value

Annual Sales
$155.16 million
Cash Flow
$0.34 per share
Book Value
$3.14 per share

Miscellaneous

Free Float
108,891,000
Market Cap
$760.41 million
Optionable
Optionable
Beta
0.95
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Key Executives

  • Mr. Lars R. Norell (Age 52)
    Co-Founder, Co-CEO & Director
    Comp: $550k
  • Mr. Gregg J. Felton II (Age 53)
    Co-Founder, Co-CEO & Director
    Comp: $550k
  • Mr. Anthony P. Savino (Age 66)
    Co-Founder & Chief Construction Officer
    Comp: $350k
  • Mr. Dustin L. Weber (Age 43)
    Chief Financial Officer
    Comp: $529.72k
  • Mr. Chris Shelton
    Head of Investor Relations
  • Ms. Sophia Lee
    Corporate Secretary, Chief Legal Officer & Chief Sustainability Officer
  • Ms. Melissa Boulan
    Chief People Officer
  • Mr. Daniel S. Alcombright
    Chief Platform Officer
  • Ms. Julia Sears
    Chief Digital Officer
  • Mr. Steve D'Agostino
    Head of Analytics

AMPS Stock Analysis - Frequently Asked Questions

Should I buy or sell Altus Power stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altus Power in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMPS shares.
View AMPS analyst ratings
or view top-rated stocks.

What is Altus Power's stock price target for 2024?

8 brokers have issued 1-year target prices for Altus Power's shares. Their AMPS share price targets range from $7.00 to $10.00. On average, they anticipate the company's share price to reach $8.63 in the next twelve months. This suggests a possible upside of 80.4% from the stock's current price.
View analysts price targets for AMPS
or view top-rated stocks among Wall Street analysts.

How have AMPS shares performed in 2024?

Altus Power's stock was trading at $6.83 at the start of the year. Since then, AMPS stock has decreased by 30.0% and is now trading at $4.78.
View the best growth stocks for 2024 here
.

Are investors shorting Altus Power?

Altus Power saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 7,900,000 shares, an increase of 7.3% from the February 14th total of 7,360,000 shares. Based on an average trading volume of 1,010,000 shares, the short-interest ratio is currently 7.8 days. Currently, 10.1% of the company's shares are short sold.
View Altus Power's Short Interest
.

When is Altus Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our AMPS earnings forecast
.

How were Altus Power's earnings last quarter?

Altus Power, Inc. (NYSE:AMPS) posted its quarterly earnings data on Monday, November, 13th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.01. The company earned $45.08 million during the quarter, compared to analysts' expectations of $49.22 million. Altus Power had a negative trailing twelve-month return on equity of 0.30% and a negative net margin of 6.03%. During the same period in the prior year, the firm earned $0.03 earnings per share.

Is Altus Power a good dividend stock?

Altus Power (NYSE:AMPS) pays an annual dividend of $1.59 per share and currently has a dividend yield of 0.00%.

What guidance has Altus Power issued on next quarter's earnings?

Altus Power updated its FY 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $200.0 million-$222.0 million, compared to the consensus revenue estimate of $224.9 million.

Who are Altus Power's major shareholders?

Altus Power's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.46%), Vanguard Group Inc. (2.46%), Dimensional Fund Advisors LP (0.96%), CIBC Private Wealth Group LLC (0.56%), First Trust Advisors LP (0.50%) and Handelsbanken Fonder AB (0.48%). Insiders that own company stock include Altus Holdings Lp Gso, Anthony Savino, Dustin Weber, Gregg J Felton, Lars Norell and William F Concannon.
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 3/29/2024 by MarketBeat.com Staff

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