NYSE:AMPS Altus Power (AMPS) Stock Price, News & Analysis → A once-in-a-century investment opportunity (From Stansberry Research) (Ad) Free AMPS Stock Alerts $3.86 -0.12 (-3.01%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$3.85▼$4.0050-Day Range$3.60▼$6.4852-Week Range$3.40▼$7.28Volume1.37 million shsAverage Volume1.15 million shsMarket Capitalization$614.84 millionP/E RatioN/ADividend YieldN/APrice Target$7.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Altus Power alerts: Email Address Altus Power MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside94.0% Upside$7.50 Price TargetShort InterestBearish9.58% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.04Based on 20 Articles This WeekInsider TradingAcquiring Shares$59,750 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.07) to ($0.02) Per ShareSee Full Details Hide Full Details 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.3.18 out of 5 starsOils/Energy Sector129th out of 245 stocksElectric Services Industry25th out of 42 stocks 4.4 Analyst's Opinion Consensus RatingAltus Power has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAltus Power has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Altus Power's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.58% 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 7.7.Change versus previous monthShort interest in Altus Power has recently increased by 9.68%, indicating that investor sentiment is decreasing significantly. 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 1.7 News and Social Media Coverage News SentimentAltus Power has a news sentiment score of 0.04. 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 lower news sentiment than the 0.58 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Altus Power this week, compared to 3 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 -44% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Altus Power to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% 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 $59,750.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders24.30% 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 Institutions46.55% of the stock of Altus Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Altus Power's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Altus Power are expected to grow in the coming year, from ($0.07) to ($0.02) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Altus Power is -77.28, 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 -77.28, 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 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Altus Power's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchA once-in-a-century investment opportunityIt's an under-the-radar stock reshaping a projected $109 billion industry - And, I believe, has far more potential than the AI stocks most investors are focused on in the days ahead.To get its name and ticker symbol for free - just click here. 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.Read More AMPS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMPS Stock News HeadlinesMay 18 at 4:22 AM | americanbankingnews.comResearch Analysts Issue Forecasts for Altus Power, Inc.'s Q3 2024 Earnings (NYSE:AMPS)May 18 at 4:22 AM | americanbankingnews.comQ3 2024 EPS Estimates for Altus Power, Inc. (NYSE:AMPS) Lifted by B. RileyMay 17 at 7:56 PM | markets.businessinsider.comAltus Power: Strong Buy Rating Amid Aggressive Growth and Strategic PartnershipsMay 17 at 5:53 AM | americanbankingnews.comEvercore ISI Lowers Altus Power (NYSE:AMPS) Price Target to $7.00May 17 at 4:16 AM | americanbankingnews.comJPMorgan Chase & Co. Downgrades Altus Power (NYSE:AMPS) to NeutralMay 17 at 4:16 AM | americanbankingnews.comAltus Power (NYSE:AMPS) Price Target Cut to $6.00May 16 at 1:16 AM | msn.comJP Morgan Downgrades Altus Power (AMPS)May 15 at 3:15 PM | msn.comAltus Power cut at J.P. Morgan after issuing weak EBITDA, revenue forecastsMay 13, 2024 | finance.yahoo.comAltus Power, Inc. (NYSE:AMPS) Q1 2024 Earnings Call TranscriptMay 12, 2024 | americanbankingnews.comAltus Power (NYSE:AMPS) Shares Gap Up to $4.55May 11, 2024 | markets.businessinsider.comBuy Rating Affirmed for Altus Power Amid Strong Growth and Favorable ValuationMay 10, 2024 | markets.businessinsider.comVikram Bagri Recommends ‘Buy’ for Altus Power Amid Strong Financial Performance and Growth ProspectsMay 10, 2024 | finance.yahoo.comAltus Power Inc (AMPS) Q1 2024 Earnings: Surpasses Analyst Revenue ForecastsMay 10, 2024 | marketwatch.comAltus Power Shares Rise 7% After 1Q Earnings BeatMay 10, 2024 | msn.comAMPS Stock Earnings: Altus Power Beats EPS, Misses Revenue for Q1 2024May 9, 2024 | msn.comAltus Power GAAP EPS of $0.05 beats by $0.14, revenue of $40.7M beats by $1.46MMay 9, 2024 | businesswire.comAltus Power, Inc. Announces First Quarter 2024 Financial ResultsApril 30, 2024 | markets.businessinsider.comAltus Power Maintains Strong Buy Rating Amidst Steady Guidance and Leadership ContinuityApril 29, 2024 | marketwatch.comAltus Power Co-Founder Lars Norell Resigns as Co-CEO, Board MemberApril 29, 2024 | msn.comAltus Power appoints Felton sole CEO as Norell departsApril 29, 2024 | businesswire.comAltus Power Announces CEO TransitionApril 28, 2024 | msn.comAltus Airforce Base receives DEQ Notice of Violation after water testApril 25, 2024 | uk.investing.comB.Riley cuts Altus Power shares target after 2024 guidanceApril 23, 2024 | msn.com11 Must-Have Amps for Musicians, According to Professional GuitaristsApril 15, 2024 | businesswire.comAltus Power, Inc. Announces Date for Release of First Quarter 2024 Financial Results and Conference CallSee More Headlines 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 Company Calendar Last Earnings5/09/2024Today5/17/2024Next Earnings (Estimated)8/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Electric services Sub-IndustryN/A Current SymbolNYSE:AMPS CUSIPN/A CIK1828723 Webcbreacquisitionholdings.com Phone203-698-0090FaxN/AEmployees93Year FoundedN/APrice Target and Rating Average Stock Price Target$7.50 High Stock Price Target$10.00 Low Stock Price Target$5.00 Potential Upside/Downside+94.0%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($0.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-9,350,000.00 Net Margins-4.48% Pretax Margin-13.48% Return on Equity-1.37% Return on Assets-0.35% Debt Debt-to-Equity Ratio2.47 Current Ratio1.48 Quick Ratio1.48 Sales & Book Value Annual Sales$155.16 million Price / Sales3.96 Cash Flow$0.29 per share Price / Cash Flow13.33 Book Value$3.19 per share Price / Book1.21Miscellaneous Outstanding Shares159,080,000Free Float120,424,000Market Cap$614.84 million OptionableOptionable Beta0.98 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Lars R. Norell (Age 52)Co-Founder, Co-CEO & Director Comp: $550kMr. Gregg J. Felton II (Age 53)Co-Founder, Co-CEO & Director Comp: $550kMr. Anthony P. Savino (Age 66)Co-Founder & Chief Construction Officer Comp: $350kMr. Dustin L. Weber (Age 43)Chief Financial Officer Comp: $529.72kMr. Chris SheltonHead of Investor RelationsMs. Sophia LeeCorporate Secretary, Chief Legal Officer & Chief Sustainability OfficerMs. Melissa BoulanChief People OfficerMr. Daniel S. AlcombrightChief Platform OfficerMs. Julia SearsChief Digital OfficerMr. Steve D'AgostinoHead of AnalyticsMore ExecutivesKey CompetitorsAltC AcquisitionNYSE:ALCCOkloNYSE:OKLOCentral PuertoNYSE:CEPUEnlight Renewable EnergyNASDAQ:ENLTReNew Energy GlobalNASDAQ:RNWView All CompetitorsInsiders & InstitutionsJanus Henderson Group PLCBought 45,276 shares on 5/16/2024Ownership: 0.043%California State Teachers Retirement SystemSold 3,616 shares on 5/16/2024Ownership: 0.040%Levin Capital Strategies L.P.Bought 30,000 shares on 5/16/2024Ownership: 0.019%Jacobs Levy Equity Management Inc.Bought 18,395 shares on 5/16/2024Ownership: 0.012%Price T Rowe Associates Inc. MDBought 3,116 shares on 5/15/2024Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions AMPS Stock Analysis - Frequently Asked Questions Should I buy or sell Altus Power stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altus Power in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AMPS shares. View AMPS analyst ratings or view top-rated stocks. What is Altus Power's stock price target for 2024? 8 brokerages have issued 12 month target prices for Altus Power's stock. Their AMPS share price targets range from $5.00 to $10.00. On average, they predict the company's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 94.0% 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 start of the year. Since then, AMPS stock has decreased by 43.4% and is now trading at $3.8650. View the best growth stocks for 2024 here. Are investors shorting Altus Power? Altus Power saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 8,950,000 shares, an increase of 9.7% from the April 15th total of 8,160,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the days-to-cover ratio is currently 7.7 days. Currently, 9.6% of the company's stock are short sold. View Altus Power's Short Interest. When is Altus Power's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024. View our AMPS earnings forecast. How were Altus Power's earnings last quarter? Altus Power, Inc. (NYSE:AMPS) issued its quarterly earnings results on Thursday, May, 9th. The company reported ($0.08) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.08). The firm had revenue of $40.66 million for the quarter, compared to analysts' expectations of $39.13 million. Altus Power had a negative trailing twelve-month return on equity of 1.37% and a negative net margin of 4.48%. During the same period in the prior year, the firm posted ($0.05) earnings per share. What ETFs hold Altus Power's stock? ETFs with the largest weight of Altus Power (NYSE:AMPS) stock in their portfolio include Xtrackers US Green Infrastructure Select Equity ETF (UPGR), Invesco WilderHill Clean Energy ETF (PBW), SPDR S&P Kensho Clean Power ETF (CNRG), Fidelity Clean Energy ETF (FRNW), Invesco Solar ETF (TAN), Global X Solar ETF (RAYS), Ecofin U.S. Renewables Infrastructure Trust (RNEW) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). What guidance has Altus Power issued on next quarter's earnings? Altus Power updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $200.0 million-$222.0 million, compared to the consensus revenue estimate of $214.3 million. 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 Vanguard Group Inc. (2.25%), Edmond DE Rothschild Holding S.A. (0.27%), Bouvel Investment Partners LLC (0.19%), Healthcare of Ontario Pension Plan Trust Fund (0.16%), Janus Henderson Group PLC (0.04%) and California State Teachers Retirement System (0.04%). 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 5/18/2024 by MarketBeat.com Staff From Our PartnersShocking $16T Elon Musk Crypto LeakCrypto 101 MediaA letter is coming from the "Bureau of the Fiscal Service".Stansberry ResearchHe called Apple at $1.49 and now he says: “Buy these 6 AI stocks.”InvestorPlaceCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingMake this ONE trade on Tuesday at 2 p.m. EST!Monument Traders Alliance[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressHe Is Giving Away BitcoinCrypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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