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Altus Power NYSE:AMPS Stock Report

Last Price

US$3.86

Market Cap

US$617.1m

7D

-12.5%

1Y

-16.1%

Updated

18 Apr, 2024

Data

Company Financials +

AMPS Stock Overview

Altus Power, Inc., a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems.

AMPS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Altus Power, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Altus Power
Historical stock prices
Current Share PriceUS$3.86
52 Week HighUS$7.28
52 Week LowUS$3.67
Beta0.88
1 Month Change-12.67%
3 Month Change-29.69%
1 Year Change-16.09%
3 Year Change-61.28%
5 Year Changen/a
Change since IPO-63.20%

Recent News & Updates

Altus Power: Valuable Partnerships And Competitive Advantage To Outperform

Mar 16

Recent updates

Altus Power: Valuable Partnerships And Competitive Advantage To Outperform

Mar 16

Altus Power, Inc.'s (NYSE:AMPS) 31% Jump Shows Its Popularity With Investors

Feb 16
Altus Power, Inc.'s (NYSE:AMPS) 31% Jump Shows Its Popularity With Investors

Altus Power: Unico Solar Acquisition Should Accelerate Growth

Dec 23

Altus Power, Inc.'s (NYSE:AMPS) 29% Jump Shows Its Popularity With Investors

Dec 16
Altus Power, Inc.'s (NYSE:AMPS) 29% Jump Shows Its Popularity With Investors

Altus Power: H2 2023 EBITDA Guidance Is Achievable And FY24 Outlook Is Positive

Sep 15

Altus Power: Assessing An Alt-Energy Play

Jul 26

Altus Power: Incredible EBITDA Growth Ahead Ignited By Expansion

Jul 01

Altus Power Shows Renewed Vigor

Jan 11

Altus Power to acquire 220 MW of construction solar assets for $293M

Dec 27

Altus Power, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Nov 17
Altus Power, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Altus Power GAAP EPS of -$0.63 misses by $0.65, revenue of $30.4M beats by $0.99M

Nov 14

Altus Power: Driving Clean Energy Transition Across The U.S.

Nov 02

Altus Power stock falls ~14% after hours on secondary public offering of class A shares

Sep 28

Altus Power GAAP EPS of $0.16, revenue of $24.8M; reaffirms FY22 adjusted EBITDA guidance

Aug 15

Here's What's Concerning About Altus Power's (NYSE:AMPS) Returns On Capital

Jul 11
Here's What's Concerning About Altus Power's (NYSE:AMPS) Returns On Capital

Altus Power: CBRE And Blackstone Supported Solar Deployment

Jun 02

Altus Power's (NYSE:AMPS) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 01
Altus Power's (NYSE:AMPS) Shareholders Have More To Worry About Than Only Soft Earnings

Shareholder Returns

AMPSUS Renewable EnergyUS Market
7D-12.5%-6.9%-3.7%
1Y-16.1%-3.2%20.2%

Return vs Industry: AMPS underperformed the US Renewable Energy industry which returned -1.9% over the past year.

Return vs Market: AMPS underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is AMPS's price volatile compared to industry and market?
AMPS volatility
AMPS Average Weekly Movement10.9%
Renewable Energy Industry Average Movement7.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: AMPS's share price has been volatile over the past 3 months.

Volatility Over Time: AMPS's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201393Lars Norellwww.altuspower.com

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.

Altus Power, Inc. Fundamentals Summary

How do Altus Power's earnings and revenue compare to its market cap?
AMPS fundamental statistics
Market capUS$617.12m
Earnings (TTM)-US$9.35m
Revenue (TTM)US$155.16m

4.0x

P/S Ratio

-66.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AMPS income statement (TTM)
RevenueUS$155.16m
Cost of RevenueUS$29.64m
Gross ProfitUS$125.53m
Other ExpensesUS$134.88m
Earnings-US$9.35m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 09, 2024

Earnings per share (EPS)-0.059
Gross Margin80.90%
Net Profit Margin-6.03%
Debt/Equity Ratio229.1%

How did AMPS perform over the long term?

See historical performance and comparison
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