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NYSE:AMPS

Altus Power (AMPS) Stock Price, News & Analysis

$4.29
+0.07 (+1.66%)
(As of 07/26/2024 ET)
Today's Range
$4.21
$4.42
50-Day Range
$3.73
$4.53
52-Week Range
$3.40
$7.28
Volume
477,011 shs
Average Volume
1.08 million shs
Market Capitalization
$689.28 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.50

Altus Power MarketRank™ Stock Analysis

Analyst Rating
Buy
3.11 Rating Score
Upside/​Downside
74.8% Upside
$7.50 Price Target
Short Interest
Bearish
8.72% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.40mentions of Altus Power in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$458,261 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.07) to ($0.06) Per Share

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.

3.43 out of 5 stars

Oils/Energy Sector

114th out of 248 stocks

Electric Services Industry

25th out of 43 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. Altus Power, Inc. was founded in 2013 and is headquartered in Stamford, Connecticut.

AMPS Stock Price History

AMPS Stock News Headlines

Smart Powerr Corp (CR9.BE)
This TSLA short trade is on a nine win hot streak
Most Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.
Altus Power (NYSE:AMPS) Stock Price Down 4.9%
Altus Power Acquires 8.5 MW Project in New Jersey
This TSLA short trade is on a nine win hot streak
Most Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.
Altus Power to Attend Key Investor Conferences
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Utilities
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.50
High Stock Price Target
$10.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+75.6%
Consensus Rating
Buy
Rating Score (0-4)
3.11
Research Coverage
9 Analysts

Profitability

Net Income
$-9,350,000.00
Pretax Margin
-13.48%

Debt

Sales & Book Value

Annual Sales
$155.16 million
Cash Flow
$0.31 per share
Book Value
$3.14 per share

Miscellaneous

Free Float
121,629,000
Market Cap
$686.06 million
Optionable
Optionable
Beta
1.00
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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

How have AMPS shares performed this year?

Altus Power's stock was trading at $6.83 at the start of the year. Since then, AMPS shares have decreased by 37.2% and is now trading at $4.29.
View the best growth stocks for 2024 here
.

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) EPS for the quarter, hitting the consensus estimate of ($0.08). The business earned $40.66 million during the quarter, compared to the consensus estimate of $39.13 million. Altus Power had a negative net margin of 4.48% and a negative trailing twelve-month return on equity of 1.37%.

Who are Altus Power's major shareholders?

Altus Power's top institutional shareholders include Bank of New York Mellon Corp (0.15%), Harel Insurance Investments & Financial Services Ltd. (0.05%), Bailard Inc. (0.02%) and SG Americas Securities LLC (0.01%). Insiders that own company stock include Lars Norell, Altus Holdings Lp Gso, Gregg J Felton, Anthony Savino and Dustin Weber.
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 7/26/2024 by MarketBeat.com Staff

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