S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
These cryptos could skyrocket by January (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
These cryptos could skyrocket by January (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
These cryptos could skyrocket by January (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
These cryptos could skyrocket by January (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift

Altus Midstream (ALTM) Competitors

Notice: This company has been marked as potentially delisted and may not be actively trading.

ALTM vs. PRM, HWKN, SMLP, NGVT, AROC, IOSP, SLCA, UAN, SA, and WLKP

Should you be buying Altus Midstream stock or one of its competitors? The main competitors of Altus Midstream include Perimeter Solutions (PRM), Hawkins (HWKN), Summit Midstream Partners (SMLP), Ingevity (NGVT), Archrock (AROC), Innospec (IOSP), U.S. Silica (SLCA), CVR Partners (UAN), Seabridge Gold (SA), and Westlake Chemical Partners (WLKP).

Altus Midstream vs.

Perimeter Solutions (NYSE:PRM) and Altus Midstream (NASDAQ:ALTM) are both small-cap basic materials companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, profitability, community ranking, valuation, analyst recommendations, dividends, media sentiment, earnings and risk.

Altus Midstream has higher revenue and earnings than Perimeter Solutions. Altus Midstream is trading at a lower price-to-earnings ratio than Perimeter Solutions, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Perimeter Solutions$360.51M2.46$91.76M$0.1151.36
Altus Midstream$813.20M1.04$273.50M$1.792.62

Altus Midstream received 1 more outperform votes than Perimeter Solutions when rated by MarketBeat users. However, 57.14% of users gave Perimeter Solutions an outperform vote while only 25.00% of users gave Altus Midstream an outperform vote.

CompanyUnderperformOutperform
Perimeter SolutionsOutperform Votes
4
57.14%
Underperform Votes
3
42.86%
Altus MidstreamOutperform Votes
5
25.00%
Underperform Votes
15
75.00%

94.0% of Perimeter Solutions shares are owned by institutional investors. Comparatively, 96.8% of Altus Midstream shares are owned by institutional investors. 4.6% of Perimeter Solutions shares are owned by company insiders. Comparatively, 1.2% of Altus Midstream shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Perimeter Solutions presently has a consensus target price of $7.25, suggesting a potential upside of 28.32%. Altus Midstream has a consensus target price of $6.97, suggesting a potential upside of 48.64%. Given Perimeter Solutions' higher possible upside, analysts clearly believe Altus Midstream is more favorable than Perimeter Solutions.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Perimeter Solutions
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Altus Midstream
1 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.14

Perimeter Solutions has a beta of 1.81, meaning that its share price is 81% more volatile than the S&P 500. Comparatively, Altus Midstream has a beta of 1.83, meaning that its share price is 83% more volatile than the S&P 500.

In the previous week, Perimeter Solutions had 3 more articles in the media than Altus Midstream. MarketBeat recorded 5 mentions for Perimeter Solutions and 2 mentions for Altus Midstream. Altus Midstream's average media sentiment score of 0.35 beat Perimeter Solutions' score of 0.00 indicating that Perimeter Solutions is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Perimeter Solutions
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Altus Midstream
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Altus Midstream has a net margin of 40.77% compared to Altus Midstream's net margin of 6.70%. Perimeter Solutions' return on equity of 25.60% beat Altus Midstream's return on equity.

Company Net Margins Return on Equity Return on Assets
Perimeter Solutions6.70% -2.28% -1.10%
Altus Midstream 40.77%25.60%18.40%

Summary

Altus Midstream beats Perimeter Solutions on 11 of the 18 factors compared between the two stocks.


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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALTM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALTM vs. The Competition

MetricAltus MidstreamChemicals & allied products IndustryMaterials SectorNASDAQ Exchange
Market Cap$842.93M$6.60B$2.62B$7.33B
Dividend YieldN/A2.40%5.56%3.85%
P/E Ratio2.6218.9793.9618.18
Price / Sales1.048.471,248,077.82158.68
Price / Cash2.868.5523.2454.06
Price / Book0.581.913.334.56
Net Income$273.50M$240.35M$249.96M$207.35M

Altus Midstream Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRM
Perimeter Solutions
3.7482 of 5 stars
$5.06
-6.8%
$7.25
+43.4%
-34.2%$794.95M$360.51M45.95226Upcoming Earnings
Gap Down
HWKN
Hawkins
3.6135 of 5 stars
$64.21
-1.4%
$74.00
+15.2%
+68.4%$1.35B$935.10M18.45846Gap Down
High Trading Volume
SMLP
Summit Midstream Partners
1.6446 of 5 stars
$16.45
-1.7%
$22.00
+33.7%
+8.0%$170.75M$369.59M-2.34252Upcoming Earnings
NGVT
Ingevity
2.9363 of 5 stars
$44.03
-4.9%
$50.00
+13.6%
-48.2%$1.60B$1.67B12.872,050News Coverage
AROC
Archrock
3.5342 of 5 stars
$16.18
-2.0%
$16.33
+0.9%
+100.4%$2.53B$845.57M30.531,100Earnings Report
IOSP
Innospec
3.4308 of 5 stars
$117.06
-3.1%
N/A+9.6%$2.91B$1.96B23.042,100Analyst Revision
Gap Down
SLCA
U.S. Silica
2.5795 of 5 stars
$10.31
-2.4%
$15.00
+45.5%
-2.7%$795.42M$1.53B5.432,013Upcoming Earnings
UAN
CVR Partners
1.0163 of 5 stars
$74.09
+0.8%
N/A-27.4%$783.13M$835.58M3.04300News Coverage
Gap Down
SA
Seabridge Gold
0.1206 of 5 stars
$9.43
-6.4%
N/A+6.5%$812.02MN/A-31.43N/ANews Coverage
WLKP
Westlake Chemical Partners
1.6733 of 5 stars
$21.97
-0.4%
$26.50
+20.6%
-6.3%$774.00M$1.59B13.652,020Earnings Report
News Coverage

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This page (NASDAQ:ALTM) was last updated on 2/22/2024 by MarketBeat.com Staff