NASDAQ:ALTM Altus Midstream (ALTM) Stock Price, News & Analysis → The #1 Crypto for AI (From Weiss Ratings) (Ad) Free ALTM Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$4.55▼$4.7750-Day Range$31.88▼$62.3552-Week Range$49.69▼$91.00Volume8.29 million shsAverage Volume9.70 million shsMarket Capitalization$4.92 billionP/E Ratio4.40Dividend YieldN/APrice Target$6.83 Stock AnalysisStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipTrendsStock AnalysisAnalyst ForecastsCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipTrends Get Altus Midstream alerts: Email Address Altus Midstream MarketRank™ Stock AnalysisAnalyst RatingHold2.36 Rating ScoreUpside/Downside49.3% Upside$6.83 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth56.52%From $0.23 to $0.36 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.3.79 out of 5 starsBasic Materials Sector54th out of 169 stocksIndustrial Inorganic Chemicals Industry3rd out of 10 stocks 4.2 Analyst's Opinion Consensus RatingAltus Midstream has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 3 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageAltus Midstream has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Altus Midstream's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ALTM. Previous Next 0.0 Dividend Strength Dividend YieldAltus Midstream does not currently pay a dividend.Dividend GrowthAltus Midstream 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 ALTM. Previous Next 0.6 News and Social Media Coverage Search Interest39 people have searched for ALTM on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Altus Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Altus Midstream insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.17% of the stock of Altus Midstream is held by insiders.Percentage Held by InstitutionsOnly 27.00% of the stock of Altus Midstream is held by institutions.Read more about Altus Midstream's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Altus Midstream are expected to grow by 56.52% in the coming year, from $0.23 to $0.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altus Midstream is 4.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Altus Midstream is 4.40, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 140.07.Price to Earnings Growth RatioAltus Midstream has a PEG Ratio of 1.04. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioAltus Midstream has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Altus Midstream's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Chaikin AnalyticsLog Into Marc's $5,000 System TodayNew Panic Could Sweep America Mark these words in 2024. Everyone's going to cash… Wall Street legend says: "A little-known vehicle outside of banks could double… triple… or even quadruple your life savings if you know where to find it right now." We urge you to move your cash into this vehicle in 2024. More here. About Altus Midstream Stock (NASDAQ:ALTM)Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. It focuses on the Permian Basin of West Texas. The company was founded on December 12, 2016 and is headquartered in Houston, TX.Read More Ad Chaikin AnalyticsLog Into Marc's $5,000 System TodayNew Panic Could Sweep America Mark these words in 2024. Everyone's going to cash… Wall Street legend says: "A little-known vehicle outside of banks could double… triple… or even quadruple your life savings if you know where to find it right now." We urge you to move your cash into this vehicle in 2024. More here. ALTM Stock News HeadlinesMay 19, 2024 | investorplace.com3 Cheap Lithium Stocks to Buy Now: May 2024May 16, 2024 | prnewswire.comArcadium Lithium's CEO Paul Graves to Speak at Multiple Upcoming Conferences in the Second QuarterMay 13, 2024 | investorplace.comThe 3 Most Undervalued Battery Stocks to Buy in May 2024May 9, 2024 | finance.yahoo.comArcadium Lithium First Quarter 2024 Earnings: Misses ExpectationsMay 7, 2024 | prnewswire.comArcadium Lithium Releases First Quarter 2024 ResultsMay 4, 2024 | investorplace.comShhh! 3 Secret Lithium Stocks Flying Below Wall Street's RadarApril 24, 2024 | investorplace.com3 Lithium Penny Stocks With Massive Growth Potential: April 2024April 20, 2024 | finance.yahoo.comPainful week for retail investors invested in Arcadium Lithium plc (NYSE:ALTM) after 5.1% drop, institutions also suffered lossesApril 17, 2024 | investorplace.comApril Price Target Hikes: These 3 Stocks Have Analysts ExcitedApril 11, 2024 | prnewswire.comArcadium Lithium Announces Date for First Quarter 2024 Earnings Release and Webcast Conference CallApril 4, 2024 | investorplace.comStriking it Rich with Lithium: 3 Stocks to Fuel Your FortuneApril 4, 2024 | investorplace.comThe 3 Best Lithium Stocks to Buy in April 2024April 1, 2024 | investorplace.com7 Lithium Stocks to Buy on the Dip: March 2024March 21, 2024 | investorplace.comHot Stocks: The 3 Best Opportunities for Investing in LithiumMarch 20, 2024 | investorplace.comWhat Is the Best $10 Stock to Buy in March? 3 Top Picks.March 11, 2024 | fool.com1 Small Electric Vehicle (EV) Stock to Watch in March -- Is It a Buy For 2024 and Beyond?March 9, 2024 | investorplace.comThe Top 7 Lithium Stocks to Buy in March 2024March 4, 2024 | investorplace.comLithium Demand Is Expected to 20X by 2040. 3 Stocks to Ride the Wave.February 29, 2024 | investorplace.com3 Top Lithium Stocks to Watch for the Coming QuarterFebruary 28, 2024 | benzinga.comTop 3 Materials Stocks That Are Preparing To Pump This quarter - Arcadium Lithium (NYSE:ALTM), Lifezone Metals (NYSE:LZM)February 27, 2024 | investorplace.com7 Top-Tier Penny Stocks for a Smart BetFebruary 25, 2024 | investorplace.com3 Millionaire-Maker Lithium Stocks to Buy in February 2024February 22, 2024 | prnewswire.comArcadium Lithium Releases Fourth Quarter and Full Year 2023 Results and Provides 2024 Full Year OutlookFebruary 22, 2024 | investorplace.comLithium Demand Expected to Grow 20X by 2040. 3 Stocks to Buy NowFebruary 20, 2024 | gurufocus.comConsider Arcadium Ahead of Lithium ReboundSee More Headlines Receive ALTM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Altus Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/28/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Industrial inorganic chemicals Sub-IndustryN/A Current SymbolNASDAQ:ALTM CUSIPN/A CIK1692787 Webwww.altusmidstream.com Phone(713) 296-6000FaxN/AEmployees1,439Year FoundedN/APrice Target and Rating Average Stock Price Target$6.83 High Stock Price Target$11.00 Low Stock Price Target$5.00 Potential Upside/Downside+45.3%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.04 Trailing P/E Ratio4.52 Forward P/E Ratio20.43 P/E Growth1.04Net Income$330.10 million Net Margins25.94% Pretax Margin36.40% Return on Equity10.85% Return on Assets7.76% Debt Debt-to-Equity Ratio0.07 Current Ratio1.98 Quick Ratio1.37 Sales & Book Value Annual Sales$882.50 million Price / Sales5.73 Cash Flow$2.36 per share Price / Cash Flow1.99 Book Value$12.70 per share Price / Book0.37Miscellaneous Outstanding Shares1,075,190,000Free Float1,062,612,000Market Cap$5.05 billion OptionableOptionable Beta1.81 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesJon William SauerChairman & Senior Vice PresidentDavid Clay BretchesPresident, Chief Executive Officer & DirectorBryan GrahamVice President-OperationsBen C. RodgersChief Financial Officer, Treasurer & DirectorJim VirginilloVice President-Engineering & TechnologyKey CompetitorsEnLink MidstreamNYSE:ENLCArchrockNYSE:AROCTronoxNYSE:TROXMinerals TechnologiesNYSE:MTXRattler MidstreamNASDAQ:RTLRView All CompetitorsInsiders & InstitutionsTeachers Retirement System of The State of KentuckyBought 425,268 shares on 5/28/2024Ownership: 0.040%Cetera Advisors LLCBought 22,469 shares on 5/24/2024Ownership: 0.002%Swedbank ABBought 854,851 shares on 5/21/2024Ownership: 0.080%Walleye Trading LLCBought 160,700 shares on 5/17/2024Ownership: 0.000%Jane Street Group LLCBought 189,960 shares on 5/16/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ALTM Stock Analysis - Frequently Asked Questions Should I buy or sell Altus Midstream stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altus Midstream in the last twelve months. There are currently 1 sell rating, 6 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ALTM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALTM, but not buy additional shares or sell existing shares. View ALTM analyst ratings or view top-rated stocks. What is Altus Midstream's stock price target for 2024? 11 brokers have issued twelve-month target prices for Altus Midstream's shares. Their ALTM share price targets range from $5.00 to $11.00. On average, they expect the company's stock price to reach $6.83 in the next twelve months. This suggests a possible upside of 49.3% from the stock's current price. View analysts price targets for ALTM or view top-rated stocks among Wall Street analysts. When is Altus Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our ALTM earnings forecast. How were Altus Midstream's earnings last quarter? Altus Midstream (NASDAQ:ALTM) issued its quarterly earnings data on Tuesday, May, 7th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.03. The business earned $261.20 million during the quarter, compared to the consensus estimate of $284.30 million. Altus Midstream had a net margin of 25.94% and a trailing twelve-month return on equity of 10.85%. Altus Midstream's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 earnings per share. What ETFs hold Altus Midstream's stock? ETFs with the largest weight of Altus Midstream (NASDAQ:ALTM) stock in their portfolio include ProShares S&P Global Core Battery Metals ETF (ION), iShares Lithium Miners and Producers ETF (ILIT), VanEck Rare Earth/Strategic Metals ETF (REMX), ALPS Clean Energy ETF (ACES), Sprott Lithium Miners ETF (LITP), Global X Lithium & Battery Tech ETF (LIT), Global X Disruptive Materials ETF (DMAT) and iShares Self-Driving EV and Tech ETF (IDRV). When did Altus Midstream's stock split? Shares of Altus Midstream reverse split on Wednesday, July 1st 2020. The 1-20 reverse split was announced on Monday, June 29th 2020. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 30th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. Who are Altus Midstream's major shareholders? Altus Midstream's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.06%), Capital Research Global Investors (1.91%), Van ECK Associates Corp (0.88%), Principal Financial Group Inc. (0.79%), Robeco Schweiz AG (0.35%) and Clearbridge Investments LLC (0.33%). Insiders that own company stock include D Clay Bretches and Pablo Marcet. View institutional ownership trends. This page (NASDAQ:ALTM) was last updated on 5/28/2024 by MarketBeat.com Staff From Our PartnersWARNING about the death of the U.S. dollar…Colonial MetalsTim Sykes’ Urgent Trade Alert: “Make this move now”Timothy SykesElon’s New Device is About to Shock the WorldInvestorPlaceExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsThe #1 Crypto for AIWeiss RatingsThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaDigitizing the $11T commodities sector with one tiny stockResource Stock Digest 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 Midstream 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 Log In 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.
