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Altus Power (AMPS)
NYSE:AMPS
Altus Power (AMPS) Stock Price & Analysis
158 Followers
AMPS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.41 - $7.28
Previous Close$3.86
Volume1.37M
Average Volume (3M)1.24M
Market Cap
$617.12M
Enterprise Value$1.71B
Total Cash (Recent Filing)$68.18M
Total Debt (Recent Filing)$1.10B
Price to Earnings (P/E)-79.8
Beta0.58
Next Earnings
Aug 12, 2024EPS Estimate
$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding160,671,931
10 Day Avg. Volume1,513,827
30 Day Avg. Volume1,244,599
Standard Deviation0.17
R-Squared0.08
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.48
Price to Sales (P/S)6.10
Price to Cash Flow (P/CF)6.60
P/FCF Ratio28.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.60
Enterprise Value/Gross Profit16.94
Enterprise Value/Ebitda6.63
Forecast
1Y Price Target
$7.25Price Target Upside87.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Altus Power News
PremiumCompany Announcements
Altus Power Investor Day: Charting the Future Course
PremiumCompany Announcements
Altus Power Investor Presentations Coincide with Earnings CallBulls Say, Bears Say
Bulls Say
Financial OutlookAMPS introduced 2026 revenue and EBITDA guidance that implies average annual revenue growth from 2023–2026 still above 20%, signaling a strong and sustained financial performance.
Operational EfficiencyAMPS reported 1Q24 revenue above consensus and has a growing number of solar energy facilities, demonstrating strong operational performance and efficiency in the renewable energy sector.
Strategic PartnershipsAMPS's partnership with Blackstone provides access to cheaper and longer-term capital compared to most of its private peers, enhancing its financial stability and growth potential.
Bears Say
Guidance And PerformanceThe company issued three-year targets materially missing street revenue and EBITDA expectations.
Operational IssuesSome customers either canceled or delayed a portion of the solar projects, potentially impacting AMPS's future revenue.
Strategic UncertaintyThe self-development project segment is currently undergoing an internal strategic review, adding uncertainty to the execution of the company’s growth plan.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
AMPS FAQ
What was Altus Power’s price range in the past 12 months?
Altus Power lowest stock price was $3.40 and its highest was $7.28 in the past 12 months.
What is Altus Power’s market cap?
Currently, no data Available
When is Altus Power’s upcoming earnings report date?
Altus Power’s upcoming earnings report date is Aug 12, 2024 which is in 84 days.
How were Altus Power’s earnings last quarter?
Altus Power released its earnings results on May 09, 2024. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of -$0.072 by $0.122.
Is Altus Power overvalued?
According to Wall Street analysts Altus Power’s price is currently Undervalued.
Does Altus Power pay dividends?
Altus Power does not currently pay dividends.
What is Altus Power’s EPS estimate?
Altus Power’s EPS estimate is $0.04.
How many shares outstanding does Altus Power have?
Altus Power has 159,874,980 shares outstanding.
What happened to Altus Power’s price movement after its last earnings report?
Altus Power reported an EPS of $0.05 in its last earnings report, beating expectations of -$0.072. Following the earnings report the stock price went down -2.418%.
Which hedge fund is a major shareholder of Altus Power?
Among the largest hedge funds holding Altus Power’s share is Blackstone Inc.. It holds Altus Power’s shares valued at 101M.
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Altus Power Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$7.25 (87.82% Upside)
$7.25 (87.82% Upside)
Blogger Sentiment
Bullish
AMPS Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 865.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.86%
12-Months-Change
Fundamentals
Return on Equity
-1.68%
Trailing 12-Months
Asset Growth
33.86%
Trailing 12-Months
Company Description
Altus Power
CBRE Acquisition Holdings Inc is a blank check company.
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AMPS Company Deck
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AMPS Earnings Call
Q1 2024
0:00 / 0:00
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AMPS Stock 12 Month Forecast
Average Price Target
$7.25
▲(87.82% Upside)
Technical Analysis
Best Analysts Covering AMPS
1 Year
1 Year Success Rate
1/7 ratings generated profit
1 Year Average Return
-20.13%
reiterated a buy rating 5 days ago
Copying Christopher Souther's trades and holding each position for 1 Year would result in 14.29% of your transactions generating a profit, with an average return of -20.13% per trade.
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