Altus Power Inc

Company Profile

Altus Power Inc had its IPO on 2021-02-01 under the ticker symbol AMPS.

The company operates in the Utilities sector and Utilities-Renewable industry. Altus Power Inc has a staff strength of 61 employees.

Stock update

Shares of Altus Power Inc opened at $6.07 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.06 - $6.23, and closed at $6.17.

This is a +0.82% increase from the previous day's closing price.

A total volume of 822,075 shares were traded at the close of the day’s session.

In the last one week, shares of Altus Power Inc have slipped by -3.89%.

Altus Power Inc's Key Ratios

Altus Power Inc has a market cap of $1.14 billion, indicating a price to book ratio of 2.9483 and a price to sales ratio of 11.4387.

In the last 12-months Altus Power Inc’s revenue was $95.98 million with a gross profit of $57.77 million and an EBITDA of $48.21 million. The EBITDA ratio measures Altus Power Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Altus Power Inc’s operating margin was 21.45% while its return on assets stood at 1.33% with a return of equity of -0.15%.

In Q3, Altus Power Inc’s quarterly earnings growth was a positive 3800% while revenue growth was a positive 51.1%.

Altus Power Inc’s PE and PEG Ratio

Forward PE

52.6316

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.03 per share while it has a forward price to earnings multiple of 52.6316 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Altus Power Inc’s profitability.

Altus Power Inc stock is trading at a EV to sales ratio of 13.9199 and a EV to EBITDA ratio of 23.8558. Its price to sales ratio in the trailing 12-months stood at 11.4387.

Altus Power Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.13 billion

Total Liabilities

$32.66 million

Operating Cash Flow

$-10001000.00

Capital Expenditure

$14.10 million

Dividend Payout Ratio

0%

Altus Power Inc ended 2024 with $1.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.13 billion while shareholder equity stood at $342.08 million.

Altus Power Inc ended 2024 with $11.97 million in deferred long-term liabilities, $32.66 million in other current liabilities, 16000.00 in common stock, $-113802000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $290.89 million and cash and short-term investments were $290.89 million. The company’s total short-term debt was $17,321,000 while long-term debt stood at $527.71 million.

Altus Power Inc’s total current assets stands at $315.50 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $15.73 million compared to accounts payable of $2.38 million and inventory worth $0.

In 2024, Altus Power Inc's operating cash flow was $-10001000.00 while its capital expenditure stood at $14.10 million.

Comparatively, Altus Power Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$6.17

52-Week High

$14.715

52-Week Low

$4.26

Analyst Target Price

$12.33

Altus Power Inc stock is currently trading at $6.17 per share. It touched a 52-week high of $14.715 and a 52-week low of $14.715. Analysts tracking the stock have a 12-month average target price of $12.33.

Its 50-day moving average was $6.25 and 200-day moving average was $6.13 The short ratio stood at 4.46 indicating a short percent outstanding of 0%.

Around 5640% of the company’s stock are held by insiders while 4318.9% are held by institutions.