The price-to-earnings ratio for Altus Power Inc (NYSE: AMPS) is above average at 19.38x. The 36-month beta value for AMPS is also noteworthy at 1.04. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for AMPS is 95.61M, and at present, short sellers hold a 7.05% of that float. The average trading volume of AMPS on January 31, 2025 was 1.25M shares.
AMPS) stock’s latest price update
The stock of Altus Power Inc (NYSE: AMPS) has increased by 6.49 when compared to last closing price of 3.85. Despite this, the company has experienced a 11.11% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-01-22 that STAMFORD, Conn.–(BUSINESS WIRE)–Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power, today announced the completion of a 1.7 MW rooftop solar project at 700 Crocker Drive in Vacaville, CA, an 839,000 square foot distribution center. The solar array, part of California’s Net Energy Metering 2.0 program, is designed to meet nearly 80% of the distribution center’s annual energy consumption, providing the power it generates at a discounted rate. It is also expe.
AMPS’s Market Performance
AMPS’s stock has risen by 11.11% in the past week, with a monthly drop of -3.07% and a quarterly rise of 8.75%. The volatility ratio for the week is 6.31% while the volatility levels for the last 30 days are 6.76% for Altus Power Inc The simple moving average for the past 20 days is 3.89% for AMPS’s stock, with a 8.95% simple moving average for the past 200 days.
Analysts’ Opinion of AMPS
Morgan Stanley, on the other hand, stated in their research note that they expect to see AMPS reach a price target of $4, previously predicting the price at $8. The rating they have provided for AMPS stocks is “Equal-Weight” according to the report published on August 21st, 2024.
Seaport Research Partners gave a rating of “Buy” to AMPS, setting the target price at $6.50 in the report published on June 03rd of the previous year.
AMPS Trading at 3.48% from the 50-Day Moving Average
After a stumble in the market that brought AMPS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.68% of loss for the given period.
Volatility was left at 6.76%, however, over the last 30 days, the volatility rate increased by 6.31%, as shares sank -0.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading unchanged at present.
During the last 5 trading sessions, AMPS rose by +11.11%, which changed the moving average for the period of 200-days by -2.61% in comparison to the 20-day moving average, which settled at $3.95. In addition, Altus Power Inc saw 0.74% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMPS starting from Felton Gregg J, who purchase 34,139 shares at the price of $3.99 back on Jun 07 ’24. After this action, Felton Gregg J now owns 12,044,603 shares of Altus Power Inc, valued at $136,215 using the latest closing price.
Felton Gregg J, the CO-FOUNDER, CEO & PRESIDENT of Altus Power Inc, purchase 25,000 shares at $3.99 during a trade that took place back on Jun 04 ’24, which means that Felton Gregg J is holding 12,010,464 shares at $99,750 based on the most recent closing price.
Stock Fundamentals for AMPS
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.51 for the gross margin
The net margin for Altus Power Inc stands at 0.19. The total capital return value is set at 0.01. Equity return is now at value 7.23, with 1.76 for asset returns.
Based on Altus Power Inc (AMPS), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 2.95. The interest coverage ratio of the stock is 0.42.
Currently, EBITDA for the company is 74.46 million with net debt to EBITDA at 11.98. When we switch over and look at the enterprise to sales, we see a ratio of 11.16. The receivables turnover for the company is 5.42for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.60.
Conclusion
In summary, Altus Power Inc (AMPS) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
