NYSE:AMPS Altus Power (AMPS) Stock Forecast, Price & News $5.16 +0.15 (+2.99%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$4.99▼$5.2050-Day Range$4.17▼$5.6652-Week Range$4.08▼$14.72Volume864,029 shsAverage Volume1.19 million shsMarket Capitalization$826.40 millionP/E RatioN/ADividend YieldN/APrice Target$10.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Altus Power MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside106.5% Upside$10.67 Price TargetShort InterestHealthy5.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.89Based on 3 Articles This WeekInsider TradingAcquiring Shares$432,775 Bought Last QuarterProj. Earnings Growth466.67%From $0.03 to $0.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.68 out of 5 starsOils/Energy Sector59th out of 244 stocksElectric Services Industry8th out of 39 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 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.67, Altus Power has a forecasted upside of 106.5% from its current price of $5.17.Amount of Analyst CoverageAltus Power has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.85% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Altus Power has recently decreased by 0.63%, indicating that investor sentiment is improving. 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 2.7 News and Social Media Coverage News SentimentAltus Power has a news sentiment score of 0.89. 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 0.66 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Altus Power this week, compared to 2 articles on an average week.Search InterestOnly 5 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 2 people have added Altus Power to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $432,775.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders31.55% 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 Institutions43.73% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Altus Power are expected to grow by 466.67% in the coming year, from $0.03 to $0.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altus Power is -258.12, 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 -258.12, 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 1.84. 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 About Altus Power (NYSE:AMPS) StockAltus Power, Inc., a clean electrification company, originates, develops, owns, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. The company serves commercial, industrial, public sector, and community solar customers. Altus Power, Inc. was founded in 2013 and is based in Stamford, Connecticut.Read More 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 AMPS Stock News HeadlinesJune 3, 2023 | americanbankingnews.comAltus Power (NYSE:AMPS) Shares Gap Up on Insider Buying ActivityJune 1, 2023 | americanbankingnews.comAltus Power, Inc. (NYSE:AMPS) CEO Gregg J. Felton Acquires 22,500 SharesJune 5, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 24, 2023 | americanbankingnews.comAltus Power, Inc. (NYSE:AMPS) CEO Purchases $110,250.00 in StockMay 24, 2023 | americanbankingnews.comGregg J. Felton Buys 50,000 Shares of Altus Power, Inc. (NYSE:AMPS) StockMay 23, 2023 | americanbankingnews.comHead to Head Comparison: Altus Power (NYSE:AMPS) & Enlight Renewable Energy (NASDAQ:ENLT)May 20, 2023 | americanbankingnews.comAltus Power (NYSE:AMPS) PT Lowered to $10.00May 18, 2023 | finance.yahoo.comAltus Power, Inc. Announces Completion of New Asset in Mount Laurel, New JerseyJune 5, 2023 | MarketBeat Internal (Ad)Save $200 on MarketBeat All AccessMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Claim your $200 account credit and free 30-day trial subscription today.May 18, 2023 | americanbankingnews.comAltus Power (NYSE:AMPS) Shares Gap Down After Analyst DowngradeMay 16, 2023 | msn.comRoth MKM Maintains Altus Power Inc - (AMPS) Buy RecommendationMay 16, 2023 | msn.comEvercore ISI Group Maintains Altus Power Inc - (AMPS) Outperform RecommendationMay 16, 2023 | markets.businessinsider.com6 Analysts Have This to Say About Altus PowerMay 16, 2023 | americanbankingnews.comAnalysts Set Altus Power, Inc. (NYSE:AMPS) Price Target at $11.00May 15, 2023 | finance.yahoo.comWith A Return On Equity Of 11%, Has Altus Power, Inc.'s (NYSE:AMPS) Management Done Well?May 13, 2023 | americanbankingnews.comAltus Power (AMPS) to Release Earnings on MondayMay 4, 2023 | finance.yahoo.comAltus Power, Inc. Announces Expansion into Maine with Completion of Newly Constructed AssetApril 29, 2023 | americanbankingnews.comAltus Power (NYSE:AMPS) Stock Price Up 6.3%April 27, 2023 | finance.yahoo.comAltus Power, Inc. Evidences its Growing Footprint in Maryland with the Completion of a 2.5 Megawatt Solar ArrayApril 26, 2023 | finance.yahoo.comAltus Power, Inc. Announces Date for Release of First Quarter 2023 Financial Results and Conference CallApril 25, 2023 | americanbankingnews.comAltus Power, Inc. (NYSE:AMPS) Given Average Rating of "Buy" by AnalystsApril 21, 2023 | americanbankingnews.comAltus Power (NYSE:AMPS) Sets New 12-Month Low at $4.26April 14, 2023 | finance.yahoo.comAltus Power, Inc. to Present on J.P. Morgan Alternative Energy Spotlight SeriesApril 12, 2023 | barrons.comAltus Power Inc.April 12, 2023 | benzinga.comIs Altus Power Inc (AMPS) Stock a Good Value Monday?April 9, 2023 | benzinga.comShould You Hold Altus Power Inc (AMPS) in Utilities - Renewable Industry?April 6, 2023 | americanbankingnews.comAltus Power (NYSE:AMPS) PT Lowered to $7.00See More Headlines AMPS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMPS Company Calendar Last Earnings3/30/2023Today6/05/2023Next Earnings (Estimated)8/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:AMPS CUSIPN/A CIK1828723 Webcbreacquisitionholdings.com Phone203-698-0090FaxN/AEmployees44Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.67 High Stock Price Forecast$14.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+108.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.02) Trailing P/E RatioN/A Forward P/E Ratio170.67 P/E GrowthN/ANet Income$55.44 million Net Margins0.57% Pretax Margin-1.83% Return on Equity-0.86% Return on Assets-0.28% Debt Debt-to-Equity Ratio1.79 Current Ratio0.97 Quick Ratio0.97 Sales & Book Value Annual Sales$101.16 million Price / Sales8.10 Cash Flow$0.21 per share Price / Cash Flow24.62 Book Value$2.80 per share Price / Book1.83Miscellaneous Outstanding Shares160,000,000Free Float109,517,000Market Cap$819.20 million OptionableOptionable Beta0.58 Key ExecutivesMr. Lars R. Norell (Age 51)Co-Founder, Co-CEO & Director Comp: $1.41MMr. Gregg J. Felton II (Age 52)Co-Founder, Co-CEO & Director Comp: $1.41MMr. Anthony P. Savino (Age 65)Co-Founder & Chief Construction Officer Comp: $680kMr. Dustin L. Weber (Age 42)Chief Financial Officer Comp: $700kMr. Chris SheltonHead of Investor RelationsMs. Sophia LeeCorp. Sec. & Chief Legal OfficerMs. Melissa BoulanChief People OfficerMr. Sean Rheuben J.D.Managing DirectorMr. Daniel S. AlcombrightChief Platform OfficerMs. Julia SearsChief Digital OfficerMore ExecutivesKey CompetitorsCentral PuertoNYSE:CEPUEnlight Renewable EnergyNASDAQ:ENLTReNew Energy GlobalNASDAQ:RNWAtlantica Sustainable InfrastructureNASDAQ:AYAres AcquisitionNYSE:AACView All CompetitorsInsiders & InstitutionsGregg J FeltonBought 22,500 shares on 5/31/2023Total: $101,025.00 ($4.49/share)ProShare Advisors LLCBought 10,812 shares on 5/26/2023Ownership: 0.007%Toroso Investments LLCBought 11,855 shares on 5/23/2023Ownership: 0.007%Gregg J FeltonBought 25,000 shares on 5/22/2023Total: $110,250.00 ($4.41/share)Ameriprise Financial Inc.Bought 27,816 shares on 5/22/2023Ownership: 0.045%View All Insider TransactionsView All Institutional Transactions AMPS Stock - Frequently Asked Questions Should I buy or sell Altus Power stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altus Power in the last year. There are currently 6 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 forecast for 2023? 6 analysts have issued twelve-month price targets for Altus Power's shares. Their AMPS share price forecasts range from $7.00 to $14.00. On average, they expect the company's share price to reach $10.67 in the next year. This suggests a possible upside of 108.3% 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 2023? Altus Power's stock was trading at $6.52 at the start of the year. Since then, AMPS stock has decreased by 21.5% and is now trading at $5.12. View the best growth stocks for 2023 here. When is Altus Power's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023. View our AMPS earnings forecast. How were Altus Power's earnings last quarter? Altus Power, Inc. (NYSE:AMPS) posted its earnings results on Thursday, March, 30th. The company reported ($0.03) earnings per share for the quarter. The business earned $26.76 million during the quarter, compared to analyst estimates of $28.03 million. Altus Power had a net margin of 0.57% and a negative trailing twelve-month return on equity of 0.86%. What ETFs hold Altus Power's stock? ETFs with the largest weight of Altus Power (NYSE:AMPS) stock in their portfolio include SPDR Kensho Clean Power ETF (CNRG), Invesco WilderHill Clean Energy ETF (PBW), Invesco Solar ETF (TAN), Ecofin U.S. Renewables Infrastructure Trust (RNEW), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), SPDR S&P Kensho New Economies Composite ETF (KOMP), Global X Solar ETF (RAYS) and ALPS Clean Energy ETF (ACES). What is Altus Power's stock symbol? Altus Power trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMPS." Who are Altus Power's major shareholders? Altus Power's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.43%), State Street Corp (2.33%), Hood River Capital Management LLC (2.02%), CIBC Private Wealth Group LLC (0.90%), Telemark Asset Management LLC (0.81%) and Geode Capital Management LLC (0.74%). Insiders that own company stock include Altus Holdings Lp Gso and Gregg J Felton. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Altus Power's stock price today? One share of AMPS stock can currently be purchased for approximately $5.12. How much money does Altus Power make? Altus Power (NYSE:AMPS) has a market capitalization of $819.20 million and generates $101.16 million in revenue each year. The company earns $55.44 million in net income (profit) each year or ($0.02) on an earnings per share basis. How can I contact Altus Power? Altus Power's mailing address is 2100 MCKINNEY AVENUE SUITE 1250, DALLAS TX, 75201. The official website for the company is cbreacquisitionholdings.com. The company can be reached via phone at 203-698-0090 or via email at kristyn.farahmand@cbre.com. This page (NYSE:AMPS) was last updated on 6/5/2023 by MarketBeat.com Staff 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. 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