NYSE:AMPS Altus Power (AMPS) Stock Price, News & Analysis → Exposed: 10 CENT Crypto to Explode April 20th? (From True Market Insiders) (Ad) Free AMPS Stock Alerts $3.82 +0.20 (+5.52%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$3.57▼$3.8450-Day Range$3.62▼$7.2752-Week Range$3.57▼$7.28Volume1.74 million shsAverage Volume1.10 million shsMarket Capitalization$607.69 millionP/E RatioN/ADividend YieldN/APrice Target$8.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Altus Power alerts: Email Address Altus Power MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside116.0% Upside$8.25 Price TargetShort InterestBearish10.74% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.02Based on 7 Articles This WeekInsider TradingSelling Shares$530,948 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.10) to ($0.02) Per ShareSee Full Details Hide Full Details 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.2.26 out of 5 starsOils/Energy Sector159th out of 236 stocksElectric Services Industry30th out of 40 stocks 3.5 Analyst's Opinion Consensus RatingAltus Power has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAltus Power has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.74% 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 7.7.Change versus previous monthShort interest in Altus Power has recently increased by 8.54%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAltus Power does not currently pay a dividend.Dividend GrowthAltus Power does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AMPS. Previous Next 1.7 News and Social Media Coverage News SentimentAltus Power has a news sentiment score of 0.02. 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 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Altus Power this week, compared to 2 articles on an average week.Search InterestOnly 10 people have searched for AMPS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Altus Power to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Altus Power insiders have sold 788.62% more of their company's stock than they have bought. Specifically, they have bought $59,750.00 in company stock and sold $530,948.00 in 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Altus Power are expected to grow in the coming year, from ($0.10) to ($0.02) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altus Power is -54.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Altus Power is -54.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAltus Power has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersExposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinClick For My #1 FREE Crypto for 2024 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.Read More AMPS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMPS Stock News HeadlinesApril 2, 2024 | insidertrades.comAltus Power, Inc. (NYSE:AMPS) CEO Gregg J. Felton Acquires 12,500 SharesApril 23, 2024 | msn.com11 Must-Have Amps for Musicians, According to Professional GuitaristsApril 23, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinApril 23, 2024 | americanbankingnews.comAltus Power (NYSE:AMPS) Price Target Cut to $7.00 by Analysts at B. RileyApril 17, 2024 | americanbankingnews.comAltus Power (NYSE:AMPS) Sets New 1-Year Low at $4.08April 15, 2024 | businesswire.comAltus Power, Inc. Announces Date for Release of First Quarter 2024 Financial Results and Conference CallApril 13, 2024 | americanbankingnews.comAltus Power (NYSE:AMPS) Stock Rating Reaffirmed by Morgan StanleyApril 11, 2024 | markets.businessinsider.comBuy Rating for Altus Power on Strategic Growth and Market OpportunitiesApril 23, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinApril 11, 2024 | investorplace.com7 Penny Growth Stocks to Buy for Multibagger Gains This YearMarch 26, 2024 | msn.comEx-merchant marine captain warns there is 'no way of controlling' cargo ship with mechanical errorMarch 16, 2024 | finance.yahoo.comAltus Power, Inc. (NYSE:AMPS) Q4 2023 Earnings Call TranscriptMarch 16, 2024 | uk.finance.yahoo.comAltus Power Full Year 2023 Earnings: Misses ExpectationsMarch 15, 2024 | markets.businessinsider.comBuy Rating Affirmed for Altus Power Despite Mixed Results, Growth Plan Underpins Upside PotentialMarch 15, 2024 | msn.comAMPS and MNTK are among utility moversMarch 15, 2024 | msn.comAMPS Stock Earnings: Altus Power Misses EPS, Misses Revenue for Q4 2023March 14, 2024 | seekingalpha.comAltus Power, Inc. 2023 Q4 - Results - Earnings Call PresentationMarch 14, 2024 | benzinga.comRecap: Altus Power Q4 EarningsMarch 14, 2024 | finance.yahoo.comAltus Power Inc (AMPS) Reports Mixed 2023 Financial Results Amidst Strong Revenue GrowthMarch 14, 2024 | businesswire.comAltus Power, Inc. Announces Fourth Quarter and Full Year 2023 Financial ResultsMarch 13, 2024 | benzinga.comEarnings Outlook For Altus PowerMarch 4, 2024 | finance.yahoo.comAltus Power Announces Appointment of CBRE Chief Sustainability Officer, Robert Bernard, to Board of DirectorsFebruary 22, 2024 | benzinga.comAltus Power Stock (NYSE:AMPS), Short Interest ReportFebruary 22, 2024 | benzinga.comAltus Power Stock (NYSE:AMPS), Analyst Ratings, Price Targets, PredictionsFebruary 20, 2024 | msn.comAltus Power Stock (NYSE:AMPS) is Heating UpFebruary 18, 2024 | investorplace.com7 Solar Stocks That Could Make Your February UnforgettableFebruary 17, 2024 | finance.yahoo.comAMPS Mar 2024 5.000 putSee More Headlines 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 Company Calendar Last Earnings3/14/2024Today4/23/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Electric services Sub-IndustryN/A Current SymbolNYSE:AMPS CUSIPN/A CIK1828723 Webcbreacquisitionholdings.com Phone203-698-0090FaxN/AEmployees93Year FoundedN/APrice Target and Rating Average Stock Price Target$8.25 High Stock Price Target$10.00 Low Stock Price Target$7.00 Potential Upside/Downside+124.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.07) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-9,350,000.00 Net Margins-6.03% Pretax Margin-17.18% Return on Equity-0.30% Return on Assets-0.08% Debt Debt-to-Equity Ratio2.33 Current Ratio2.15 Quick Ratio2.15 Sales & Book Value Annual Sales$155.16 million Price / Sales3.77 Cash Flow$0.30 per share Price / Cash Flow12.08 Book Value$3.14 per share Price / Book1.17Miscellaneous Outstanding Shares159,080,000Free Float120,424,000Market Cap$585.41 million OptionableOptionable Beta0.88 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Lars R. Norell (Age 52)Co-Founder, Co-CEO & Director Comp: $550kMr. Gregg J. Felton II (Age 53)Co-Founder, Co-CEO & Director Comp: $550kMr. Anthony P. Savino (Age 66)Co-Founder & Chief Construction Officer Comp: $350kMr. Dustin L. Weber (Age 43)Chief Financial Officer Comp: $529.72kMr. Chris SheltonHead of Investor RelationsMs. Sophia LeeCorporate Secretary, Chief Legal Officer & Chief Sustainability OfficerMs. Melissa BoulanChief People OfficerMr. Daniel S. AlcombrightChief Platform OfficerMs. Julia SearsChief Digital OfficerMr. Steve D'AgostinoHead of AnalyticsMore ExecutivesKey CompetitorsAltC AcquisitionNYSE:ALCCCentral PuertoNYSE:CEPUEnlight Renewable EnergyNASDAQ:ENLTReNew Energy GlobalNASDAQ:RNWAtlantica Sustainable InfrastructureNASDAQ:AYView All CompetitorsInsiders & InstitutionsBouvel Investment Partners LLCBought 8,295 shares on 4/16/2024Ownership: 0.192%Triad Investment ManagementBought 18,879 shares on 4/12/2024Ownership: 0.036%Gregg J FeltonBought 12,500 shares on 3/28/2024Total: $59,750.00 ($4.78/share)Anthony SavinoSold 4,598 sharesTotal: $32,875.70 ($7.15/share)Dustin WeberSold 4,350 sharesTotal: $31,102.50 ($7.15/share)View All Insider TransactionsView All Institutional Transactions AMPS Stock Analysis - Frequently Asked Questions Should I buy or sell Altus Power stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altus Power in the last twelve months. There are currently 7 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? 7 brokerages have issued 12-month target prices for Altus Power's stock. Their AMPS share price targets range from $7.00 to $10.00. On average, they expect the company's stock price to reach $8.25 in the next twelve months. This suggests a possible upside of 116.0% 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 on January 1st, 2024. Since then, AMPS shares have decreased by 44.1% and is now trading at $3.82. View the best growth stocks for 2024 here. Are investors shorting Altus Power? Altus Power saw a increase in short interest in March. As of March 31st, there was short interest totaling 8,260,000 shares, an increase of 8.5% from the March 15th total of 7,610,000 shares. Based on an average daily volume of 1,070,000 shares, the days-to-cover ratio is currently 7.7 days. Currently, 10.7% of the company's stock are sold short. 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 Thursday, May 9th 2024. View our AMPS earnings forecast. How can I listen to Altus Power's earnings call? Altus Power will be holding an earnings conference call on Thursday, May 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "1176723". How were Altus Power's earnings last quarter? Altus Power, Inc. (NYSE:AMPS) released its quarterly earnings data on Thursday, March, 14th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.02. The company earned $34.19 million during the quarter, compared to analyst estimates of $42.85 million. Altus Power had a negative net margin of 6.03% and a negative trailing twelve-month return on equity of 0.30%. What ETFs hold Altus Power's stock? ETFs with the largest weight of Altus Power (NYSE:AMPS) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW), SPDR S&P Kensho Clean Power ETF (CNRG), Xtrackers US Green Infrastructure Select Equity ETF (UPGR), Fidelity Clean Energy ETF (FRNW), Invesco Solar ETF (TAN), Global X Solar ETF (RAYS), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) and VanEck Green Infrastructure ETF (RNEW). What guidance has Altus Power issued on next quarter's earnings? Altus Power issued an update on its FY 2024 earnings guidance on Thursday, March, 14th. The company provided earnings per share (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 a number of retail and institutional investors. Top institutional shareholders include Bouvel Investment Partners LLC (0.19%) and Triad Investment Management (0.04%). 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 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithSHOCKING Crypto Leak…Crypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeMan Who Predicted 2008: “This Will be Worse.”AltimetryExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Altus Power, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
