NYSE:AMPS Altus Power (AMPS) Stock Price, News & Analysis → Time is Running Out - June 25th Deadline Approaching! (From Paradigm Press) (Ad) Free AMPS Stock Alerts $3.98 -0.21 (-5.01%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$3.96▼$4.1050-Day Range$3.60▼$4.8352-Week Range$3.40▼$7.28Volume491,523 shsAverage Volume1.15 million shsMarket Capitalization$639.47 millionP/E RatioN/ADividend YieldN/APrice Target$7.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Altus Power alerts: Email Address Altus Power MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside88.4% Upside$7.50 Price TargetShort InterestBearish9.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.14Based on 14 Articles This WeekInsider TradingAcquiring Shares$381,796 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.07) to ($0.06) 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.3.33 out of 5 starsOils/Energy Sector101st out of 232 stocksElectric Services Industry22nd out of 42 stocks 4.5 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, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAltus Power has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Altus Power's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.73% 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 7.2.Change versus previous monthShort interest in Altus Power has recently increased by 1.90%, indicating that investor sentiment is decreasing. 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 2.9 News and Social Media Coverage News SentimentAltus Power has a news sentiment score of 1.14. 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 higher news sentiment than the 0.95 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Altus Power this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for AMPS on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Altus Power to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 bought more of their company's stock than they have sold. Specifically, they have bought $381,796.00 in company stock and sold $0.00 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.Read more about Altus Power's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Altus Power are expected to grow in the coming year, from ($0.07) to ($0.06) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altus Power is -79.58, 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 -79.58, 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 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Altus Power's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanySecret energy grid to power millions of homesThis high-security, secret U.S. facility has 2,100 engineers, machinists, and technicians building a new type of energy system the world has never seen before.Click here to get all the details. 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 HeadlinesJune 4 at 4:56 AM | insidertrades.comInsider Buying: Altus Power, Inc. (NYSE:AMPS) CEO Acquires 82,576 Shares of StockJune 6 at 1:30 AM | americanbankingnews.comAltus Power, Inc. (NYSE:AMPS) Forecasted to Post Q2 2024 Earnings of $0.04 Per ShareJune 5 at 8:24 AM | seekingalpha.comAltus Power: Remain Positive On The Strong Value PropositionJune 5 at 7:30 AM | businesswire.comAltus Power to Attend Key Investor ConferencesJune 5 at 6:50 AM | investorplace.com3 Sorry Solar Stocks to Sell Now While You Still Can: Summer EditionJune 4 at 7:18 AM | americanbankingnews.comAltus Power (NYSE:AMPS) Stock Rating Upgraded by Seaport Res PtnMay 31, 2024 | insidermonkey.comIs Altus Power, Inc. (NYSE:AMPS) the Best Cheap Clean Energy Stock?May 28, 2024 | msn.comOKLO, AMPS, ARTNA, and AY are among utility moversMay 27, 2024 | msn.comAltus Power (AMPS): Shifting Towards Clean EnergyMay 27, 2024 | finance.yahoo.comDiscovering May 2024's Top US Growth Companies With High Insider OwnershipMay 20, 2024 | investorplace.comStock Market Crash Warning: Don't Get Caught Holding These 3 Solar StocksMay 17, 2024 | markets.businessinsider.comAltus Power: Strong Buy Rating Amid Aggressive Growth and Strategic PartnershipsMay 16, 2024 | msn.comJP Morgan Downgrades Altus Power (AMPS)May 15, 2024 | msn.comAltus Power cut at J.P. Morgan after issuing weak EBITDA, revenue forecastsMay 13, 2024 | finance.yahoo.comAltus Power, Inc. (NYSE:AMPS) Q1 2024 Earnings Call TranscriptMay 11, 2024 | markets.businessinsider.comBuy Rating Affirmed for Altus Power Amid Strong Growth and Favorable ValuationMay 10, 2024 | markets.businessinsider.comVikram Bagri Recommends ‘Buy’ for Altus Power Amid Strong Financial Performance and Growth ProspectsMay 10, 2024 | finance.yahoo.comAltus Power Inc (AMPS) Q1 2024 Earnings: Surpasses Analyst Revenue ForecastsMay 10, 2024 | marketwatch.comAltus Power Shares Rise 7% After 1Q Earnings BeatMay 10, 2024 | msn.comAMPS Stock Earnings: Altus Power Beats EPS, Misses Revenue for Q1 2024May 9, 2024 | msn.comAltus Power GAAP EPS of $0.05 beats by $0.14, revenue of $40.7M beats by $1.46MMay 9, 2024 | businesswire.comAltus Power, Inc. Announces First Quarter 2024 Financial ResultsApril 30, 2024 | markets.businessinsider.comAltus Power Maintains Strong Buy Rating Amidst Steady Guidance and Leadership ContinuityApril 29, 2024 | marketwatch.comAltus Power Co-Founder Lars Norell Resigns as Co-CEO, Board MemberApril 29, 2024 | msn.comAltus Power appoints Felton sole CEO as Norell departsSee 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 Earnings5/09/2024Today6/07/2024Next Earnings (Estimated)8/12/2024Fiscal 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$7.50 High Stock Price Target$10.00 Low Stock Price Target$5.00 Potential Upside/Downside+84.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($0.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-9,350,000.00 Net Margins-4.48% Pretax Margin-13.48% Return on Equity-1.37% Return on Assets-0.35% Debt Debt-to-Equity Ratio2.47 Current Ratio1.48 Quick Ratio1.48 Sales & Book Value Annual Sales$155.16 million Price / Sales4.20 Cash Flow$0.30 per share Price / Cash Flow13.71 Book Value$3.14 per share Price / Book1.29Miscellaneous Outstanding Shares160,670,000Free Float121,629,000Market Cap$652.32 million OptionableOptionable Beta1.01 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. 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 CompetitorsAtlantica Sustainable InfrastructureNASDAQ:AYReNew Energy GlobalNASDAQ:RNWTransAltaNYSE:TACEnlight Renewable EnergyNASDAQ:ENLTCentral PuertoNYSE:CEPUView All CompetitorsInsiders & InstitutionsDekaBank Deutsche GirozentraleSold 50,000 shares on 6/4/2024Ownership: 0.302%Gregg J FeltonBought 82,576 shares on 5/31/2024Total: $322,046.40 ($3.90/share)Swedbank ABBought 2,633,700 shares on 5/21/2024Ownership: 1.656%California State Teachers Retirement SystemSold 3,616 shares on 5/16/2024Ownership: 0.040%Levin Capital Strategies L.P.Bought 30,000 shares on 5/16/2024Ownership: 0.019%View All Insider TransactionsView All Institutional Transactions AMPS Stock Analysis - Frequently Asked Questions Should I buy or sell Altus Power stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altus Power in the last twelve months. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating 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? 9 equities research analysts have issued 12 month price objectives for Altus Power's stock. Their AMPS share price targets range from $5.00 to $10.00. On average, they anticipate the company's stock price to reach $7.50 in the next year. This suggests a possible upside of 88.4% 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 41.7% and is now trading at $3.98. 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 April. As of April 30th, there was short interest totaling 8,950,000 shares, an increase of 9.7% from the April 15th total of 8,160,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the short-interest ratio is presently 7.7 days. Currently, 9.6% 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, August 12th 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 Thursday, May, 9th. The company reported ($0.08) earnings per share for the quarter, meeting the consensus estimate of ($0.08). The firm had revenue of $40.66 million for the quarter, compared to analysts' expectations of $39.13 million. Altus Power had a negative trailing twelve-month return on equity of 1.37% and a negative net margin of 4.48%. During the same period in the previous year, the business earned ($0.05) earnings per share. What ETFs hold Altus Power's stock? ETFs with the largest weight of Altus Power (NYSE:AMPS) stock in their portfolio include Xtrackers US Green Infrastructure Select Equity ETF (UPGR), Invesco WilderHill Clean Energy ETF (PBW), SPDR S&P Kensho Clean Power ETF (CNRG), Fidelity Clean Energy ETF (FRNW), Invesco Solar ETF (TAN), Global X Solar ETF (RAYS), VanEck Green Infrastructure ETF (RNEW) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). What guidance has Altus Power issued on next quarter's earnings? Altus Power issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. 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 $214.3 million. Who are Altus Power's major shareholders? Altus Power's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.25%), Swedbank AB (1.66%), DekaBank Deutsche Girozentrale (0.30%), Edmond DE Rothschild Holding S.A. (0.27%), Bouvel Investment Partners LLC (0.19%) and Healthcare of Ontario Pension Plan Trust Fund (0.16%). 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. 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