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Warren Buffett tells investors to ignore Wall Street pundits while paying tribute to Charlie Munger
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dropbox’s stock is a falling knife worth catching
The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
Stock ideas from the 2024 Microcap Conference
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
New Bitcoin Projection: $165,000 in the Next 18 Months (Ad)
How major US stock indexes fared Friday, 2/23/2024
Closing prices for crude oil, gold and other commodities
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Warren Buffett tells investors to ignore Wall Street pundits while paying tribute to Charlie Munger
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dropbox’s stock is a falling knife worth catching
The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
Stock ideas from the 2024 Microcap Conference
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
New Bitcoin Projection: $165,000 in the Next 18 Months (Ad)
How major US stock indexes fared Friday, 2/23/2024
Closing prices for crude oil, gold and other commodities
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Warren Buffett tells investors to ignore Wall Street pundits while paying tribute to Charlie Munger
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dropbox’s stock is a falling knife worth catching
The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
Stock ideas from the 2024 Microcap Conference
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
New Bitcoin Projection: $165,000 in the Next 18 Months (Ad)
How major US stock indexes fared Friday, 2/23/2024
Closing prices for crude oil, gold and other commodities
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Warren Buffett tells investors to ignore Wall Street pundits while paying tribute to Charlie Munger
NYSE:AMPS

Altus Power (AMPS) Stock Price, News & Analysis

$6.48
+0.11 (+1.73%)
(As of 02/23/2024 ET)
Today's Range
$6.22
$6.65
50-Day Range
$5.31
$7.27
52-Week Range
$4.08
$7.41
Volume
846,753 shs
Average Volume
954,348 shs
Market Capitalization
$1.04 billion
P/E Ratio
12.46
Dividend Yield
N/A
Price Target
$8.86

Altus Power MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.7% Upside
$8.86 Price Target
Short Interest
Bearish
9.33% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.04mentions of Altus Power in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.41 M Sold Last Quarter
Proj. Earnings Growth
N/A

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.

2.50 out of 5 stars

Oils/Energy Sector

161st out of 242 stocks

Electric Services Industry

30th out of 40 stocks


AMPS stock logo

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. The company was founded in 2013 and is headquartered in Stamford, Connecticut.

AMPS Stock Price History

AMPS Stock News Headlines

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Altus Power Stock (NYSE:AMPS) is Heating Up
7 Solar Stocks That Could Make Your February Unforgettable
AMPS Mar 2024 5.000 put
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Brokerages Set Altus Power, Inc. (NYSE:AMPS) Price Target at $8.86
CRED and AMPS are among utility movers
Altus Power Inc CFO Dustin Weber Sells 21,000 Shares
Altus Power To Acquire Core Business Of Unico Solar Investors
Altus Power Inc CFO Dustin Weber Sells 50,000 Shares
See More Headlines
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Company Calendar

Last Earnings
11/13/2023
Today
2/24/2024
Next Earnings (Confirmed)
3/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
59
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.86
High Stock Price Target
$10.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+36.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$55.44 million
Pretax Margin
53.94%

Debt

Sales & Book Value

Annual Sales
$101.16 million
Cash Flow
$0.19 per share
Book Value
$2.80 per share

Miscellaneous

Free Float
109,517,000
Market Cap
$1.04 billion
Optionable
Optionable
Beta
0.84
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Key Executives

  • Mr. Lars R. Norell (Age 52)
    Co-Founder, Co-CEO & Director
    Comp: $550k
  • Mr. Gregg J. Felton II (Age 53)
    Co-Founder, Co-CEO & Director
    Comp: $550k
  • Mr. Anthony P. Savino (Age 66)
    Co-Founder & Chief Construction Officer
    Comp: $350k
  • Mr. Dustin L. Weber (Age 43)
    Chief Financial Officer
    Comp: $529.72k
  • Mr. Chris Shelton
    Head of Investor Relations
  • Ms. Sophia Lee
    Corporate Secretary, Chief Legal Officer & Chief Sustainability Officer
  • Ms. Melissa Boulan
    Chief People Officer
  • Mr. Daniel S. Alcombright
    Chief Platform Officer
  • Ms. Julia Sears
    Chief Digital Officer
  • Mr. Steve D'Agostino
    Head of Analytics














AMPS Stock Analysis - Frequently Asked Questions

Should I buy or sell Altus Power stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altus Power in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 12-month price objectives 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 $8.86 in the next twelve months. This suggests a possible upside of 36.7% 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 beginning of the year. Since then, AMPS stock has decreased by 5.1% and is now trading at $6.48.
View the best growth stocks for 2024 here
.

When is Altus Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 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, March 14th 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 "13744424".

How were Altus Power's earnings last quarter?

Altus Power, Inc. (NYSE:AMPS) issued its earnings results on Monday, November, 13th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.01. The firm had revenue of $45.08 million for the quarter, compared to analysts' expectations of $49.22 million. Altus Power had a trailing twelve-month return on equity of 0.15% and a net margin of 57.98%. During the same period last year, the firm posted $0.03 EPS.

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 Vanguard Group Inc. (2.46%), Dimensional Fund Advisors LP (0.96%), CIBC Private Wealth Group LLC (0.56%), First Trust Advisors LP (0.50%), Handelsbanken Fonder AB (0.48%) and Northern Trust Corp (0.35%). 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 2/24/2024 by MarketBeat.com Staff